Fatpos Global has released a report titled “C5 Resin Market - Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2031”. According to a study by Fatpos Global, the market is anticipated to portray a CAGR of 4% between 2021 and 2031. According to the report, the market is being driven by the construction industry's strong growth and the packaging industry's rapid increase in demand for hot-melt adhesives. Additionally, usage in industries like rubber, adhesives, printing and compound agents is also likely to drive the market demand in the forecasted period, i.e. 2021-2031.
The market report on global C5 Resin Market includes in-depth insights as:
“C5 resin has outstanding adhesive properties which provide excellent gloss, tack, and adhesion to paints which is increasing its usage in the automotive industry, and is thus expected to drive the market growth of C5 Resins. Furthermore, C5 resins are compatible with all-natural rubber and most olefins due to their aliphatic nature, and are used to reduce the tacky nature of natural rubber. The natural rubber market has grown significantly in recent years, which is further expected to spur C5 Resins demand”, said a lead analyst at Fatpos Global.
Hydrocarbon resins are derived from petroleum-based feedstocks that are either aliphatic (C5), aromatic (C9), DCPD (dicyclopentadiene), or a combination of these. C5, Aliphatic Resins get their name from the fact that they are generally polymers of monomers with five carbons. Gardner colours range from light yellow to light brown for basic C5 aliphatic resins, which are primarily used to tackify aliphatic polymers such as natural rubber, EVA, SIS, and APO. Hydrogenated C5, Aliphatic Resins are C5 hydrocarbon tackifers that have been hydrogenated in order to improve their colour and thermal stability..
Based on application, global C5 Resin Market is fragmented into Rubber, Printing Ink, Hot Melt Adhesive, Compound Agent and Others. The Hot Melt Adhesive segment is the largest revenue generator and is expected to grow significantly during the forecast period. Resins play an important role in the manufacture of adhesives because they increase the tackifier effect. They have good adhesion and are used in hot-melt and pressure-sensitive adhesives to tack. They can be combined with the majority of base polymers, polymer modifiers, and antioxidants
Key Players in the Market
Some of the key players operating in the global C5 Resin Market are DuPont, Neville Chemical Company, Henan Anglxxon Chemical Co.,Ltd, Puyang Ruisen Petroleum Resins Co., Ltd, Seacon Corporation, Zeon Corporation, Cray Valley, Kolon Industries, Inc., Lesco Chemical Limited and Other Prominent Players
Get Valuable Insights into Global C5 Resin Market
In the new report, Fatpos Global thrives to present an unbiased analysis of the global C5 Resin Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2031. The study includes compelling insights into growth that is witnessed in the market. Global C5 Resin market is classified on the basis of Type into Flake C5 Resin and Powder C5 Resin. Based on application, global C5 Resin Market is fragmented into Rubber, Printing Ink, Hot Melt Adhesive, Compound Agent and Others. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.
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