Petroleum resins are amorphous polymers with low molecular weight obtained from synthetic processes. These resins are commonly used to provide excellent tack and adhesion and are commonly used together with larger polymers to improve the adhesion and cohesion properties.
Technavio’s analysts forecast the global petroleum resins market to grow at a CAGR of 7.33% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global petroleum resins market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.
The market is divided into the following segments based on geography: - APAC - Europe - North America - ROW
Technavio's report, Global Petroleum Resins Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Arakawa Chemical Industries, - Eastman Chemical - ExxonMobil - Kolon Industries - Total Cray Valley
Other prominent vendors - Lesco Chemicals - ZEON CHEMICALS - Puyang Shenghong Chemical - Innova Chemical - Anglxxon Chemical Products - Shandong Landun Petroleum Resins - Puyang Tiancheng Chemical - Neville Chemical
Market driver - Increase in demand from building and construction industry - For a full, detailed list, view our report
Market challenge - Volatility in raw material prices - For a full, detailed list, view our report
Market trend - Growing demand for green and sustainable resins - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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