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US Petroleum Resins Market

ID: MRFR/CnM/11534-CR
100 Pages
Garvit Vyas
December 2023

US Petroleum Resin Market Research Report Information by Type (C5 Resins, C9 Resins, Dicyclopentadiene (DCPD), Hydrogenated Petroleum Resins and C5/C9 Resins), Form (True and Masterbatch),  Application (Adhesives, Paints & Coatings, Printing Inks, Rubbers, Plastic Films and others), End-Use Industry (Construction, Automotive, Packaging, Personal Hygiene and others), Region (Asia-Pacific, Europe, North America, Latin America and the Middle East & Africa) - Forecast till 2035

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US Petroleum Resins Market Infographic
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US Petroleum Resins Market Summary

The US Petroleum Resins Market is projected to grow from 2500 USD Million in 2024 to 4500 USD Million by 2035, reflecting a robust growth trajectory.

Key Market Trends & Highlights

US Petroleum Resins Market Key Trends and Highlights

  • The market is expected to expand at a compound annual growth rate (CAGR) of 5.49 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 4500 USD Million, indicating a substantial increase from the base year.
  • In 2024, the market is valued at 2500 USD Million, laying a strong foundation for future growth.
  • Growing adoption of advanced manufacturing techniques due to increasing demand for high-performance materials is a major market driver.

Market Size & Forecast

2024 Market Size 2500 (USD Million)
2035 Market Size 4500 (USD Million)
CAGR (2025 - 2035) 5.49%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Petroleum Resins Market market include

Report Scope

Report Attribute/Metric Details
Market Size 2022 USD  0.012 Billion
Market Size 2023 USD 0.035 Billion
Market Size 2030 USD 1.5 Billion
Compound Annual Growth Rate (CAGR) 5.7% (2023-2030)
Base Year 2023
Market Forecast Period 2023-2030
Historical Data 2018 & 2020
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, End-use, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Exxon Mobil Corporation, Chevron Phillips Chemical Company, Cymetech Corporation, Nova Chemicals Corporation, Tokyo Chemical Industry CO., LTD (TCI), Royal Dutch Shell, The Dow Chemical Company, Braskem, Lyondellbasell Industries Holdings B.V, Sinopec
Key Market Opportunities ·         The growing construction industry in developing regions, with rising residential and commercial construction.
Key Market Dynamics ·         The growing demand for lightweight and fuel-efficient military aircraft for homeland security and counterterrorism.

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