Global C9 Resin Market by Application and Geography - Forecast to 2023 - ResearchAndMarkets.com
Aug. 17, 2018
DUBLIN--(BUSINESS WIRE)--Aug 17, 2018--The "Global C9 Resin Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global C9 resin market is expected grow at a significant rate during the forecast period, majorly driven by the increasing demand from adhesives and paint & coatings applications from the construction and automotive industry.
Growth in the Construction Industry
According to the European Construction Industry Federation (FIEC), construction activity in the whole EU grew by 2.48% in 2015. In 2016, the overall output of the European construction industry grew by 2.2%, when compared to 2015, reaching a total of EUR 1,278 billion. In China, the airport development (New Beijing Airport), roads (30,000 km of highways with bridges build or upgrade), 30,000 km of high-speed rail covering is expected to cover more than 80 cities and 60% of urbanization ratio with permanent residents.
In the fiscal year 2016-2017, India had a total FDI investment of USD 60.08 billion, which was 8% higher than the previous year, with large investments in the real estate and infrastructure sectors. The US overall construction market grew by 1.9% in the Q3 of 2017, over Q3 of 2016, owing to the rise in new single-family house constructions. The new residential construction in terms of annual rate for housing units started in the United States, recorded growth of 6.34% in 2016 over 2015. In the first 10 months of 2017, the new residential construction recorded a growth of 2.43% when compared to the same time period in 2016. This growth in construction activities across the globe will contribute to the consumption of paints & coatings and adhesives and in turn, will lead to the demand for C9 resins.
Key HighlightsAdhesive & Sealants to Dominate the Market Asia-Pacific dominating the C9 Resin Market
Company ProfilesArakawa Chemical Industries DowDuPont Eastman Chemical Company Exxon Mobil Corporation Henan Anglxxon Chemical Co. Ltd. Innova (Tianjin) Chemical Co. Limited Kolon Industries Inc. Lesco Chemical Limited Neville Chemical Company Puyang Ruisen Petroleum Resins Co. Ltd. Puyang Tiancheng Chemical Co. Ltd. Rutgers N.V. Seacon Corporation Shandong Landun Petroleum Resin Co. Ltd. Shanghai Jinsen Hydrocarbon Resins Co. Limited Thankyou Chem (Henan) Co. Ltd. Total Cray Valley Zeon Corporation
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Related Topics:Plastic Resins
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/17/2018 10:46 AM/DISC: 08/17/2018 10:46 AM