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The petroleum resins market size has the potential to grow by USD 926.28 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by end-user (building and construction, tire, automotive, consumer goods, and others), type (C5, hydrogenated hydrocarbon, C9, and C5/C9), application (adhesives and sealants, paints and coatings, rubber compounding, printing inks, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Arakawa Chemical Industries Co. Ltd., Eastman Chemical Co., Exxon Mobil Corp., Idemitsu Kosan Co. Ltd., Kolon Industries Inc., Mitsui Chemicals Inc., Rain Carbon Inc., Sojitz Corp., Total SA, and Zeon Corp.
Browse TOC and LoE with selected illustrations and example pages of Petroleum Resins Market
The petroleum resins market is fragmented. The market is characterized by the presence of well-diversified international, regional, and local vendors. The players have a vast geographical presence with large production facilities located globally. A sizeable number of small regional vendors also operate in the market and have significant shares. The competitive environment in the market will further intensify over the next five years with the increase in product extensions in terms of innovation in technology. Vendors compete based on factors such as innovation, price, operational cost, and product quality. Arakawa Chemical Industries Co. Ltd., Eastman Chemical Co., and Exxon Mobil Corp. are some of the major market participants. Although the high demand from the automotive industry will offer immense growth opportunities, the threat of substitutes will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this petroleum resins market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this petroleum resins market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-user
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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