Press release
Petroleum Resin Market likely to witness an impressive CAGR of 9.2% by 2025, as estimated by Stratview Research
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2020 – 2025, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.
Click here for a Free Sample of the report (additional insights inside):
https://www.stratviewresearch.com/Request-Sample/563/petroleum-resin-market.html
Petroleum Resin is mainly resin that is derived from the fractions of cracked petroleum. They are much different than high polymers like polypropylene and polystyrene. Earlier, these resins used to be unstable, dark, and soft in nature but now it has got improved over time.
Petroleum resin can be of various types such as hydrogenated hydrocarbon resins, aromatic C9 resins, and many others. They have a tackifying property that makes it suitable for applications such as in varnishes, paint, printing ink, adhesives, rubber, and many others.
Click here for description of the report:
https://www.stratviewresearch.com/563/petroleum-resin-market.html
Based on the application type, the market is segmented as adhesives & sealants, paints & coatings, printing inks, rubber compounding, tapes & labels, and others. In 2018, the adhesives & sealants segment held the largest share against their onshore application counterparts. The paints & coatings segment is expected to depict the highest growth in the coming five years.
In terms of regions, Asia-Pacific is leading the market for petroleum resins. China and India are the growth engines of the region. The increasing claim for petroleum resins in this region is mainly bolstered by their applications in building & construction. The presence of giant market players in the region also significantly attributes to the high demand for petroleum resins. North America is estimated to be the second-largest customer of petroleum resins, across the globe. The market in this region is mainly fueled by the burgeoning growth opportunities from automotive, personal hygiene, and tire industries. Latin America is estimated to be the second fastest-growing market during the forecast.
Check out the Table of Contents here:
https://www.stratviewresearch.com/toc/563/petroleum-resin-market.html
Highlights of the Report:
As per Stratview Research, Petroleum resin market is likely to witness an impressive CAGR of 9.2% during the forecast period. The petroleum resin market is driven by the development of various end-use industries, such as building & construction, automotive, personal hygiene, and tire industry. Petroleum resins are employed to deliver chemical confrontation, pressure, and adhesion-resistance characteristics in these sectors.
Some of the major players in the petroleum resin market are Arakawa Chemical Industries Limited, Anglxxon Chemical Co., Ltd., Eastman Chemical Company, Exxon Mobil Corporation, Innova (Tianjin) Chemical Co., Limited, Kolon Industries, Inc., Lesco Chemical Limited, Neville Chemical Company, Puyang Ruisen Petroleum Resins Co., Ltd., and Seacon Corporation.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Petroleum resin market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Stratview Research
400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
sales@stratviewresearch.com
Know more about us and our reports:
Stratview Research has been offering its insightful reports and custom researches to the interested clients in some of important industry sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The data is collected for the reports is collected from reliable sources and is analysed carefully to come up with an end result that is resourceful and worthy for the interesting clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Petroleum Resin Market likely to witness an impressive CAGR of 9.2% by 2025, as estimated by Stratview Research here
News-ID: 1851538 • Views: …
More Releases from Stratview Research
Sustainable Footwear Market offers good growth opportunities post COVID-19
The Sustainable Footwear Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players.
Sustainable Footwear Market Forecast:
Sustainable Footwear Market is likely to witness an impressive Healthy CAGR of 5.8% during the forecast period. Stratview…
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
The Surgical Apparel Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players.
Surgical Apparel Market Forecast:
Surgical Apparel Market is likely to witness an impressive Healthy CAGR of 6.1% during the forecast period. Stratview…
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-20 …
The Spandex Fiber Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players.
Spandex Fiber Market Forecast:
Spandex Fiber Market is likely to witness an impressive Healthy CAGR of 7.1% during the forecast period. Stratview…
Smart Plantation Management Systems Market Intelligence Report Offers Insights o …
The Smart Plantation Management Systems Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players.
Smart Plantation Management Systems Market Forecast:
Smart Plantation Management Systems Market is likely to witness an impressive Healthy CAGR of…
More Releases for Petroleum
Petroleum Jelly Petroleum Jelly Market Innovative Strategy by 2031 | Major Giant …
Petroleum Jelly Market: Introduction
Transparency Market Research delivers key insights on the global petroleum jelly market. In terms of value, the global petroleum jelly market is expected to expand at a CAGR of 4.26% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global petroleum jelly market.
Get a Sample Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=72726
Petroleum jelly is used in the…
Global Liquefied Petroleum Gas Market 2020 Business Strategies – Chevron Corpo …
The market report titled “Liquefied Petroleum Gas Market By Source (Refinery, Associated Gas, and Non-Associated Gas) and By End-User (Residential & Commercial, Petrochemical & Refineries, Industrial, and Transportation): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Liquefied Petroleum Gas Market market. The report willfunction as a medium for the better assessment of…
Natural Gas Market to Witness Huge Growth by 2025 | Qatar Petroleum, Sempra Ener …
The Global Natural Gas Market has witnessed continuous growth in the past few years and may grow further during the forecast period (2019-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. These insights also help the business decision-makers to formulate better business plans and make informed decisions for…
Petroleum benzine Market Expectations & Growth Trends Highlighted until 2028 (Th …
Growing demand for Petroleum benzine among end users
Petroleum benzine is a hydrocarbon-based solvent which is marketed by its physical properties (vapor pressure, boiling point) rather than any specific chemical composition. Petroleum benzine is hazardous and generally used as a laboratory solvent. Petroleum benzine is available in the different boiling range, which allows end users to choose suitable petroleum benzine as per need. Manufacturers are focusing on developing less hazardous…
Petroleum Coke Market Players British Petroleum, Marathon Petroleum Corporation
Introduction:
Petroleum coke or petcoke, a solid rock material is a byproduct of crude oil refining and other cracking processes. Although a refining byproduct, petroleum coke is considered as a valued commodity since 2008, all over the world. Crude oil remained after separating other valuable petroleum products from refining process such as diesel, lubricants, waxes, etc. can be processed further in cokers or other cracking processes to produce petroleum coke. Different…
Liquefied Petroleum Gas (LPG) Market Analysis By Key Players : British Petroleum …
Liquefied petroleum gas (LPG) is a flammable mixture of hydrocarbon gases that is used as fuel in heating appliances, vehicles, aerosol propellant, refrigerant and cooking equipment etc. In terms of cost and environmental benefits, LPG is way ahead of conventional fuels such as coal and wood. In fact, the gas is considered a revolutionary fuel solution for various sectors, such as industries, residential, chemical, automotive and refinery. This is why…
