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Petroleum Resins - Global Market Trajectory & Analytics

  • ID: 1824139
  • Report
  • June 2020
  • Region: Global
  • 440 Pages
  • Global Industry Analysts, Inc
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Amid the COVID-19 crisis and the looming economic recession, the Petroleum Resins market worldwide will grow by a projected US $1.2 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 5.7%. C5 Resins, one of the segments analyzed and sized in this study, is forecast to grow at over 6% and reach a market size of US $2 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The C5 Resins market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.6% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US $37.7 Million to the region's size over the next 7 to 8 years. In addition, over US $36.7 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the C5 Resins segment will reach a market size of US $97.6 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Petroleum Resins market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 9.5% over the next couple of years and add approximately US $332.1 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Petroleum Resins market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others are:
  • Dow Inc.
  • Eastman Chemical Company
  • ExxonMobil Chemical Company
  • Kolon Industries, Inc.
  • Lesco Chemical Ltd.
  • Neville Chemical Company
  • Puyang Tiancheng Chemical Co., Ltd.
  • ZEON Corporation

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
Petroleum Resins Competitor Market Share Scenario Worldwide (in %): 2019 & 2028
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Petroleum Resins Market Share (in %) by Company: 2019 & 2025
Market Analytics

CANADA

JAPAN

CHINA

EUROPE
Market Facts & Figures
European Petroleum Resins Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
Total Companies Profiled: 86
Note: Product cover images may vary from those shown
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