Global and Japan C Resin Market Insights, Forecast to 2027

C Resin (Hydrocarbon Resin or Petroleum Resin) is a C5/C9 aromatic hydrocarbon used in industrial applications. It has a tackifying effect and is suitable for use in paint, printing ink, adhesives, rubber and other areas where tackiness is required.
It is a kind of thermal plasticizing hydrocarbon resin produced by C5, C9 fraction, by-products of petroleum cracking, through pretreatment, polymerization and distillation. It is not a high polymer but a low polymer with the molecular weight between 300-3000. Featured by acid value, easy mutual solubilities, resistant to water, resistant to ethanol and chemicals. It has the chemical stabilizing property to acid and alkaline, viscosity adjusting and thermal stabilizing, Generally, the petroleum resins are not used independently, but have to be used together with other kinds of resins as promoters, adjusting agents and modifiers in hot-melt adhesive, pressure-sensitive adhesive, hot melt road marking paint, rubber tires and so on.
Currently, there are many players ExxonMobil, Eastman, Kolon Industries, Zeon Corporation and Cray Valley (Total), etc. ExxonMobil, Eastman are playing important roles in the C Resin industry. The market is relatively fragmented globally.
In the Consumption market, C Resin in China takes about 52% market share, which is the biggest consumption area in the current market pattern. The USA ranks second place consumption area, with sales and market share nearly 15%.
In terms of product, C5 Hydrocarbon Resin is the largest segment, with a share over 35%. And according to the application, the largest application is Adhesive & Sealant, followed by Paint, Rubber, etc.

Market Analysis and Insights: Global and Japan C Resin Market
This report focuses on global and Japan C Resin market.
In 2020, the global C Resin market size was US$ 2558 million and it is expected to reach US$ 3880.3 million by the end of 2027, with a CAGR of 6.1% during 2021-2027. In Japan the C Resin market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global C Resin Scope and Market Size
C Resin market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global C Resin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the C Resin market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Type
C9 Hydrocarbon Resin
C5 Hydrocarbon Resin
C5/C9 Copolymer Resin
Hydrogenated Hydrocarbon Resin
Others

Segment by Application
Adhesive & Sealant
Paint
Rubber
Printing Ink
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
ExxonMobil
Eastman
Kolon Industries
Cray Valley (Total)
Rain Carbon
Arakawa Chemical
Mitsui Chemicals
Zeon Corporation
Tosoh
Idemitsu Kosan
Formosan Union
Resinall
Neville
Shangdong Qilong
Zibo Luhua
Henghe Materials
Guangdong Xinhuayue
Fushun Huaxing
Daqing Huake
Kete Chemical
Jinhai Chengguang
Zhejiang Derong Chemical
Yuangang Chemical
Puyang Ruisen Petroleum Resins
Ecisco New Material
Shandong Landun Resin
Shandong Yuhuang Chemical
Tongxin New Material
Binder Chemical
Zibo Kaixin