DUBLIN--(BUSINESS WIRE)--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 Highlights
- Adhesive & Sealants to Dominate the Market
- Asia-Pacific dominating the C9 Resin Market
Company Profiles
- Arakawa 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
For more information about this report visit https://www.researchandmarkets.com/research/z3jv2h/global_c9_resin?w=4