Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1679563
PUBLISHER: Grand View Research | PRODUCT CODE: 1679563
C9 Resin Market Size, Share & Trends Analysis Report By Application (Paint & Coating, Adhesive & Sealants, Printing Ink, Rubber & Tire, Others), By Region (North America, Europe, APAC, Central & South America, MEA), And Segment Forecasts, 2025 - 2030
PUBLISHED:
PAGES: 120 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
C9 Resin Market Growth & Trends:
The global C9 resin market size is anticipated to reach USD 2.68 billion by 2030 and is expected to expand at a CAGR of 5.3% during the forecast period, according to a new report by Grand View Research, Inc. The growing demand in adhesives, coatings, and rubber manufacturing industries primarily drives the market. This petroleum-derived hydrocarbon resin serves as a critical raw material for hot melt adhesives, printing inks, and various coating applications. The automotive and construction sectors particularly rely on C9 resin for its excellent adhesion properties and compatibility with other materials.
In recent years, the packaging industry has emerged as a significant consumer of C9 resin, especially in pressure-sensitive adhesives and tape manufacturing. The rise in e-commerce and retail activities has increased demand for packaging materials, boosting the market. For example, manufacturers of shipping boxes and protective packaging materials frequently use C9 resin-based adhesives for their superior bonding strength and temperature resistance.
The rubber industry represents another major growth driving factor. C9 resin is used as a tackifier to improve the processing and performance characteristics of rubber compounds. This is particularly evident in tire manufacturing, where C9 resin helps enhance tire grip and durability. In addition, the paint and coating industry utilizes C9 resin for its excellent film-forming properties and resistance to weathering, making it valuable for both industrial and decorative applications.
However, the market faces challenges from environmental regulations and the growing emphasis on sustainable alternatives. This has led to increased research and development efforts in bio-based alternatives and recycling technologies. Some manufacturers are exploring ways to produce C9 resin from renewable sources or develop hybrid products that combine traditional C9 resin with more environmentally friendly materials. Despite these challenges, the market continues to grow, supported by expanding applications in emerging economies and ongoing technological advancements in resin processing and modification techniques.
C9 Resin Market Report Highlights:
- The adhesive & sealants application segment accounted for the largest share of over 43.0% of the market in 2024.
- The paint & coating application segment is expected to grow at the fastest CAGR of 6.4% during the forecast period.
- Arakawa Chemical Industries, Ltd, Cray Valley, DuPont, Eastman Chemical Company, ECPlaza Network Inc., Exxon Mobil Corporation, Henan Anglxxon Chemical Co., Ltd, Henan Sanjiangyuan Chemical Co., Ltd, Kemipex, Kolon Industries, Inc., Lesco Chemical Limited, Neville Chemical Company, Puyang Ruisen Petroleum Resins Co., Ltd, Shanghai Jinsen Hydrocarbon Resins Co., Limited, ZEON CORPORATION are some of the key players operating in the market.
- In March 2023, Kolon Industries, Inc. made significant strides in sustainability by achieving certification for its eco-friendly petroleum resins. The company announced that it became the first in South Korea to receive the International Sustainability & Carbon Certification PLUS (ISCC PLUS) for three of its hydrocarbon resin products. These products are derived from renewable raw materials, including bio-naphtha and pyrolysis oil from waste plastics.
Product Code: GVR-4-68040-526-3
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.1.1. Market Segmentation
- 1.1.2. Market Definition
- 1.2. Research Scope & Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Snapshot, 2024 (USD Million)
- 2.2. Segmental Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Global C9 Resin Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.4. Technology Trends
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Market Opportunity Analysis
- 3.6.4. Market Challenge Analysis
- 3.7. Business Environment Analysis
- 3.7.1. Porter's Five Forces Analysis
- 3.7.2. PESTEL Analysis
Chapter 4. Global C9 Resin Market: Application Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Application Movement Analysis & Market Share, 2024 & 2030
- 4.2.1. Paint & Coating
- 4.2.1.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.2. Adhesive & Sealants
- 4.2.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.3. Printing Ink
- 4.2.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.4. Rubber & Tire
- 4.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.5. Others
- 4.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.1. Paint & Coating
Chapter 5. Global C9 Resin Market: Region Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Regional Movement Analysis & Market Share, 2024 & 2030
- 5.3. North America
- 5.3.1. North America C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.2. U.S.
- 5.3.2.1. U.S. C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.3. Canada
- 5.3.3.1. Canada C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.4. Mexico
- 5.3.4.1. Mexico C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Europe
- 5.4.1. Europe C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.2. Germany
- 5.4.2.1. Germany C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.3. UK
- 5.4.3.1. UK C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.4. France
- 5.4.4.1. France C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.5. Italy
- 5.4.5.1. Italy C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.6. Spain
- 5.4.6.1. Spain C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Asia Pacific
- 5.5.1. Asia Pacific C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.2. China
- 5.5.2.1. China C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.3. India
- 5.5.3.1. India C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.4. Japan
- 5.5.4.1. Japan C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.5. Australia
- 5.5.5.1. Australia C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.6. South Korea
- 5.5.6.1. South Korea C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.6. Central & South America
- 5.6.1. Central & South America C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.6.2. Brazil
- 5.6.2.1. Brazil C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.6.3. Argentina
- 5.6.3.1. Argentina C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.7. Middle East & Africa
- 5.7.1. Middle East & Africa C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.7.2. Saudi Arabia
- 5.7.2.1. Saudi Arabia C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.7.3. UAE
- 5.7.3.1. UAE C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.7.4. South Africa
- 5.7.4.1. South Africa C9 Resin Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Key Global Players & Recent Developments & Their Impact on the Industry
- 6.2. Company/Competition Categorization
- 6.3. Vendor Landscape
- 6.3.1. List of Raw Material Suppliers and Key Value Chain Partners
- 6.3.2. List of Potential Customers
- 6.4. Company Market Position Analysis
- 6.5. Company Heat Map Analysis
- 6.6. Company Dashboard Analysis
- 6.7. Strategy Mapping
- 6.7.1. Expansions
- 6.7.2. Mergers & Acquisitions
- 6.7.3. Collaborations/Partnerships/Agreements
- 6.7.4. New Product Launches
- 6.7.5. Others
Chapter 7. Company Listing (Overview, Financial Performance, Products Overview)
- 7.1. Arakawa Chemical Industries Ltd
- 7.1.1. Company Overview
- 7.1.2. Financial Performance
- 7.1.3. Product Benchmarking
- 7.2. Cray Valley
- 7.2.1. Company Overview
- 7.2.2. Financial Performance
- 7.2.3. Product Benchmarking
- 7.3. DuPont
- 7.3.1. Company Overview
- 7.3.2. Financial Performance
- 7.3.3. Product Benchmarking
- 7.4. Eastman Chemical Company
- 7.4.1. Company Overview
- 7.4.2. Financial Performance
- 7.4.3. Product Benchmarking
- 7.5. ECPlaza Network Inc.
- 7.5.1. Company Overview
- 7.5.2. Financial Performance
- 7.5.3. Product Benchmarking
- 7.6. Exxon Mobil Corporation
- 7.6.1. Company Overview
- 7.6.2. Financial Performance
- 7.6.3. Product Benchmarking
- 7.7. Henan Anglxxon Chemical Co., Ltd
- 7.7.1. Company Overview
- 7.7.2. Financial Performance
- 7.7.3. Product Benchmarking
- 7.8. Henan Sanjiangyuan Chemical Co., Ltd.
- 7.8.1. Company Overview
- 7.8.2. Financial Performance
- 7.8.3. Product Benchmarking
- 7.9. Kemipex
- 7.9.1. Company Overview
- 7.9.2. Financial Performance
- 7.9.3. Product Benchmarking
- 7.10. Kolon Industries, Inc.
- 7.10.1. Company Overview
- 7.10.2. Financial Performance
- 7.10.3. Product Benchmarking
- 7.11. Lesco Chemical Limited
- 7.11.1. Company Overview
- 7.11.2. Financial Performance
- 7.11.3. Product Benchmarking
- 7.12. Neville Chemical Company
- 7.12.1. Company Overview
- 7.12.2. Financial Performance
- 7.12.3. Product Benchmarking
- 7.13. Puyang Ruisen Petroleum Resins Co., Ltd
- 7.13.1. Company Overview
- 7.13.2. Financial Performance
- 7.13.3. Product Benchmarking
- 7.14. Shanghai Jinsen Hydrocarbon Resins Co., Limited
- 7.14.1. Company Overview
- 7.14.2. Financial Performance
- 7.14.3. Product Benchmarking
- 7.15. ZEON CORPORATION
- 7.15.1. Company Overview
- 7.15.2. Financial Performance
- 7.15.3. Product Benchmarking
Product Code: GVR-4-68040-526-3
List of Tables
- Table 1 C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 2 C9 Resin market estimates and forecasts, in Paint & Coating, 2018 - 2030 (Kilotons) (USD Million)
- Table 3 C9 Resin market estimates and forecasts, in Adhesive & Sealants, 2018 - 2030 (Kilotons) (USD Million)
- Table 4 C9 Resin market estimates and forecasts, in Printing Ink, 2018 - 2030 (Kilotons) (USD Million)
- Table 5 C9 Resin market estimates and forecasts, in Rubber & Tire, 2018 - 2030 (Kilotons) (USD Million)
- Table 6 C9 Resin market estimates and forecasts, in Others, 2018 - 2030 (Kilotons) (USD Million)
- Table 7 C9 Resin market estimates and forecasts, by region, 2018 - 2030 (Kilotons) (USD Million)
- Table 8 North America C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 9 North America C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 10 U.S. C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 11 U.S. C9 Resin market estimates and forecasts, by Application, 2018-2030 (Units) (USD Million) (Kilotons)
- Table 12 Canada C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 13 Canada C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 14 Mexico C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 15 Mexico C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 16 Europe C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 17 Europe C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 18 Germany C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 19 Germany C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 20 UK C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 21 UK C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 22 France C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 23 France C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 24 Italy C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 25 Italy C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 26 Spain C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 27 Spain C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 28 Asia Pacific C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 29 Asia Pacific C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 30 China C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 31 China C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 32 Japan C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 33 Japan C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 34 India C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 35 India C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 36 Australia C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 37 Australia C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 38 South Korea C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 39 South Korea C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 40 Central & South America C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 41 Central & South America C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 42 Brazil C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 43 Brazil C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 44 Argentina C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 45 Argentina C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 46 Middle East & Africa C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 47 Middle East & Africa C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 48 Saudi Arabia C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 49 Saudi Arabia C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 50 UAE C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 51 UAE C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 52 South Africa C9 Resin market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 53 South Africa C9 Resin market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-Up Approach
- Fig. 5 Market Research Approaches - Top-Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 C9 Resin Market - Market Snapshot
- Fig. 8 C9 Resin Market - Segment Snapshot (1/2)
- Fig. 9 C9 Resin Market - Segment Snapshot (2/2)
- Fig. 10 C9 Resin Market - Competitive Landscape Snapshot
- Fig. 11 C9 Resin Market: Penetration & Growth Prospect Mapping
- Fig. 12 C9 Resin Market: Value Chain Analysis
- Fig. 13 C9 Resin Market: Porter's Five Force Analysis
- Fig. 14 C9 Resin Market: PESTEL Analysis
- Fig. 15 C9 Resin Market: Application Movement Analysis, 2024 & 2030
- Fig. 16 C9 Resin Market: Regional Movement Analysis, 2024 & 2030
- Fig. 17 C9 Resin Market: Company Positioning Analysis
- Fig. 18 C9 Resin Market: Market Dashboard Analysis
- Fig. 19 C9 Resin Market: Strategy Mapping
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.