C9 resin is the aromatic solvent, which is a combination of 99% hydrocarbons and 1% aliphatic. The c9 resin is obtained from the mixture of Trimethylbenzene and ethyltoluene. The chemical constituents of c9 resin are benzene, sulfur and nitrogen. It is the colorless liquid which has high resistance towards high and low temperature. It is used in various forms such as crushed nuggets, flakes, solid block, beads, solutions and dispersion. Due to its excellent properties, they are used for multiple applications such as paints, printing inks, adhesives, rubber compounding, etc.
MARKET DYNAMICS
The global c9 resin market is growing at a significant pace owing to driving factors such as increasing demand for hydrogenated hydrocarbon petroleum resin from various industries. Furthermore, Increasing demand for application in construction, automotive and fmcd industry due to its property of high resistance towards changing temperature is likely to drive the demand for c9 resin in the coming years. However, volatility in prices of naptha and other raw materials is projected to hinder the growth of c9 resin market. Likewise, development of sustainable and environment friendly petroleum resins may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global C9 Resin Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the c9 resin market with detailed market segmentation by product type, end-use industry and geography. The global c9 resin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading c9 resin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global c9 resin market is segmented on the basis of product type and end-user industry. On the basis of product type, the c9 resin market is segmented into, sg-100, sg-110, sg-120, sg-130, others. Based on end-use industry, the global c9 resin market is segmented into, paint industries, adhesive, rubber and tyre, printing ink and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global c9 resin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The c9 resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the c9 resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the c9 resin market in these regions.
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MARKET PLAYERSThe reports cover key developments in the c9 resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from c9 resin market are anticipated to lucrative growth opportunities in the future with the rising demand for c9 resin in the global market. Below mentioned is the list of few companies engaged in the c9 resin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the c9 resin market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
-Total Cray Valley
-Eastman Chemical Company
-Exxon Mobil Corporation
-Arakawa Chemical Industries Limited
-Kolon Industries Inc.
-Lesco Chemical Limited
-Zeon Corporation
-Henan Anglxxon Chemical Products Co. Ltd.
-Neville Chemical Company
-Seacon Engineering Corporation
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