C5 Resin Market Size, Share, and Growth Analysis

Global C5 Resin Market

C5 Resin Market By Application (Paints and Coatings, Adhesives and Sealants, Printing Inks, Rubber Compounding, Other Applications), By Type (Petroleum Resin, Halogenated C5, non-halogenated C5, Cycloaliphatic C5), By End-Use Industry, By Viscosity Grade, By Additives, By Region-Industry Forecast 2025-2032


Report ID: SQMIG15E2717 | Region: Global | Published Date: May, 2025
Pages: 196 |Tables: 144 |Figures: 70

Format - word format excel data power point presentation

C5 Resin Market Insights

Global C5 Resin Market size was valued at USD 5.18 Billion in 2023 and is poised to grow from USD 5.33 Billion in 2024 to USD 6.70 Billion by 2032, growing at a CAGR of 2.90% in the forecast period (2025-2032).

The C5 resin market is experiencing significant growth, driven by its diverse applications across industries such as adhesives, paints and coatings, rubber, automotive, and packaging. The increasing demand for eco-friendly products is accelerating the adoption of bio-based C5 resins, especially in industries that prioritize sustainability.

Additionally, the shift toward hydrogenated C5 resins is gaining momentum due to their improved stability, transparency, and thermal resistance, which make them suitable for high-performance applications in food packaging, medical devices, and hygiene products.

With rapid industrialization in Asia-Pacific and innovation in North America and Europe, the C5 resin market is poised for steady growth, as manufacturers continue to develop and offer more environmentally friendly and durable resin options to meet market demands. The market is also being shaped by increasing investment in research and development, creating new opportunities for innovation and further market expansion.

In What Ways Is AI Enhancing Manufacturing Processes for C5 Resins?

AI enhances manufacturing processes by automating quality control and optimizing production parameters. AI-powered quality control systems utilize computer vision and machine learning algorithms to inspect products for defects with unprecedented accuracy. These systems can identify even the slightest imperfections, ensuring that only high-quality products reach the market. Additionally, AI analyzes vast amounts of data to fine-tune production variables such as temperature and pressure, leading to improved resin properties and reduced waste.

AI accelerates product development by analyzing customer data, C5 resin industry trends, and material properties to design resins tailored for specific applications. Machine learning models predict how different components interact, enabling the creation of resins with desired characteristics like enhanced adhesion or thermal resistance. This data-driven approach reduces the time spent on trial and error, allowing manufacturers to bring innovative products to market more swiftly.

Market snapshot - 2025-2032

Global Market Size

USD 5.18 Billion

Largest Segment

Paints and Coatings

Fastest Growth

Adhesives and Sealants

Growth Rate

2.90% CAGR

Global C5 Resin Market ($ Bn)
Country Share for North America Region (%)

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C5 Resin Market Segments Analysis

The C5 resin market is segmented into application, type, additives, end-use industry, viscosity grade and region. Based on application, the market is segmented into paints and coatings, adhesives and sealants, printing inks, rubber compounding and other applications. Based on type, the market is segmented into petroleum resin, halogenated C5, non-halogenated C5 and cycloaliphatic C5. Based on end-use industry, the market is segmented into automotive, food & beverage, electrical & electronics, construction, pharmaceuticals and others. Based on viscosity grade, the market is segmented into low viscosity, medium viscosity, high viscosity and ultra-high viscosity. Based on additives, the market is segmented into tackifiers, plasticizers, stabilizers, antioxidants, colorants and others. Based on region, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.

Why Are Petroleum Resins a Leading Choice for Industries?

As per the global C5 resin market analysis, the petroleum resin segment is the dominant segment in the market. Petroleum resins are widely used across a variety of industries due to their excellent adhesion properties, compatibility with various solvents, and cost-effectiveness. They find substantial application in paints and coatings, adhesives, and rubber compounding, which are some of the key sectors driving the demand for C5 resins. Their established market presence and versatile functionality make petroleum resins the leading choice.

As per global C5 resin market outlook, the non-halogenated C5 segment is experiencing the fastest growth. This growth is largely driven by increasing concerns over environmental impact and regulations around halogenated compounds. Non-halogenated C5 resins are considered more eco-friendly and are being increasingly adopted for applications requiring low-VOC and non-toxic properties. This shift towards sustainability, especially in applications like paints, coatings, and adhesives, is propelling the growth of the non-halogenated C5 resin segment.

What Makes the Paints and Coatings Segment the Market Leader in C5 Resin Utilization?

The paints and coatings are the dominant segment in the C5 resin market. This is largely because of the widespread use of C5 resins in the production of high-performance coatings, particularly in automotive, industrial, and architectural applications. C5 resins are favored for their excellent adhesion, water resistance, and flexibility, which makes them ideal for paints and coatings used in a variety of harsh environments. Additionally, the growing demand for high-quality, durable coatings in construction and automotive industries contributes to the dominance of this segment.

As per the global C5 resin market forecast, the adhesives and sealants segment are experiencing significant growth. The demand for adhesives and sealants made with C5 resins is growing due to their widespread use in packaging, automotive, construction, and electronics industries. The rise in e-commerce, particularly for packaging solutions, has also boosted the need for adhesives, further increasing the demand for C5 resins. Additionally, the move towards more sustainable packaging materials and lightweight automotive components is driving the growth of adhesives and sealants made with these resins, as they are known for offering excellent bonding strength and performance.

Global C5 Resin Market By Application (%)

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C5 Resin Market Regional Insights

What Are the Key Drivers Behind C5 Resin Demand in This Region?

As per regional forecast, the C5 resin market in North America is driven by the strong demand from industries such as automotive, construction, and packaging. The growing need for eco-friendly packaging solutions and high-performance materials across various sectors has led to a significant rise in the consumption of C5 resins. The region's increasing focus on electric vehicles (EVs) and sustainable manufacturing processes further contributes to the growth of C5 resin demand. The shift toward bio-based resins and hydrogenated C5 resins is also playing a key role in shaping the market.

C5 Resin Market in United States

The C5 resin market in the United States is driven by significant demand from the automotive, construction, and packaging industries. As the largest automotive manufacturer globally, the U.S. is a key consumer of C5 resins used in adhesives, coatings, and sealants that are essential for vehicle assembly. The increasing production of electric vehicles (EVs) also contributes to the demand for lightweight materials and high-performance adhesives. Additionally, the growing trend of sustainable packaging solutions is boosting the use of C5 resins in the packaging sector.

C5 Resin Market in Canada

The C5 resin market in Canada is witnessing steady growth, primarily driven by its increasing application in sectors such as automotive, construction, packaging, and adhesives. As Canadian industries embrace more advanced and high-performance materials, C5 resins have gained prominence due to their excellent adhesion, flexibility, and chemical resistance. The automotive sector uses these resins in tire manufacturing and adhesives, which is crucial as the industry shifts toward electric vehicles and lightweight materials.

How Is the Growth of C5 Resins Impacted by Regional Industries?

As per regional outlook, Asia-Pacific, led by countries like China, Japan, and South Korea, is witnessing rapid growth in the C5 resin market. The booming automotive and electronics industries in the region are major contributors to the demand for C5 resins. Furthermore, the push toward sustainable manufacturing and eco-friendly products is accelerating the use of bio-based C5 resins. The region's shift to smart factories and technological advancements in the electronics and automotive sectors are further enhancing the demand for high-performance resins, especially in adhesives, coatings, and sealants.

C5 Resin Market in Japan

As per industry analysis, In Japan, the demand for C5 resins is growing due to advancements in the automotive and electronics sectors. Japanese manufacturers are using C5 resins in adhesives and coatings for vehicle production, and in electronics for their properties like thermal resistance and electrical insulation. Furthermore, Japan is witnessing a shift towards sustainable and bio-based C5 resins in response to government regulations and growing environmental awareness among consumers.

C5 Resin Market in South Korea

South Korea has emerged as a significant player in the C5 resin market, with increasing demand from the automotive and electronics industries. The country is a leader in the production of smart electronics and electric vehicles, both of which require advanced adhesive solutions, where C5 resins are increasingly being used. South Korean manufacturers are also exploring hydrogenation technologies to produce high-performance resins that meet the needs of eco-conscious consumers and stringent regulations.

What Are the Main Factors Driving C5 Resin Growth in Europe?

In Europe, the C5 resin market is driven by demand from industries like automotive, construction, and packaging. The shift toward sustainable solutions, including bio-based and hydrogenated C5 resins, is in line with the region's regulatory requirements and consumer preferences. The growing eco-consciousness among consumers and industries in countries like Germany, the United Kingdom, and Italy is pushing for innovative and high-performance resin solutions. Additionally, the expansion of electric vehicle manufacturing and the increasing demand for eco-friendly packaging further fuels the C5 resin market growth.

C5 Resin Market in Germany

Germany remains the largest C5 resins market in Europe, driven by its robust automotive and industrial sectors. The demand for adhesives and coatings in the automotive sector continues to drive consumption of C5 resins, especially in electric vehicle production. The emphasis on sustainable manufacturing practices and eco-friendly products is pushing manufacturers to adopt bio-based and hydrogenated C5 resins in both automotive and construction applications.

C5 Resin Market in United Kingdom

In the United Kingdom, the growing demand for C5 resins is driven by the packaging and construction industries. The UK has seen a significant shift towards sustainable packaging solutions, particularly in the food and beverage sectors, where C5 resins are used to enhance adhesive performance and ensure packaging durability. Additionally, the construction sector’s focus on energy-efficient buildings is pushing the demand for advanced resins that offer better thermal resistance and durability.

C5 Resin Market in Italy

Italy is witnessing increased consumption of C5 resins, particularly in the adhesive and coating sectors. The construction industry in Italy is heavily adopting eco-friendly resins, driven by both government regulations and consumer demand for more sustainable products. C5 resins are also being used in industrial applications, including coatings for machinery and adhesives for packaging, contributing to overall C5 resin market growth.

Global C5 Resin Market By Geography
  • Largest
  • Fastest

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C5 Resin Market Dynamics

C5 Resin Market Drivers

Expanding Adhesives and Sealants Industry

  • C5 hydrocarbon resins are essential tackifiers in hot-melt and pressure-sensitive adhesives (PSAs), used in a wide array of industries from packaging and bookbinding to hygiene and woodworking. The global packaging industry alone is witnessing exponential growth due to e-commerce expansion and changing consumer habits, particularly in Asia-Pacific and North America. This has led to increased consumption of adhesives and thus, C5 resins. Additionally, their compatibility with EVA, SIS, and SBS polymers makes them a preferred choice for high-performance adhesive formulations.

Rising Automotive Production and Tire Applications

  • C5 resins enhance track, processability, and adhesion in rubber compounds, making them invaluable in tire manufacturing. As the automotive sector shifts toward fuel-efficient and electric vehicles, manufacturers are focusing on low-rolling-resistance tires, where C5 resins play a critical role. Growth in vehicle ownership across developing nations and increasing OEM tire production globally continues to spur demand for these resins.

C5 Resin Market Restraints

Raw Material Price Volatility

  • C5 resins are derived from petroleum feedstocks such as naphtha and natural gas liquids. Fluctuations in crude oil prices caused by geopolitical tensions, supply disruptions, or OPEC decisions directly impact the cost and supply consistency of these raw materials. This pricing uncertainty often pressures manufacturers' margins and affects overall profitability.

Growing Environmental and Regulatory Pressures

  • C5 resins are hydrocarbon-based and not biodegradable. Increasing regulations on volatile organic compounds (VOCs), particularly in Europe and North America, are challenging manufacturers to improve sustainability. Moreover, environmental concerns around petrochemical reliance are prompting customers to seek low-emission, eco-friendly resin alternatives, limiting growth of conventional resin variants.

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C5 Resin Market Competitive Landscape

The global C5 resin market remains moderately consolidated, with both global giants and specialized regional players vying for C5 resin industry market share. Major companies are focusing on capacity expansions, product diversification, and strategic collaborations to cater to rapidly evolving end-user demands. In 2024, the competition has intensified particularly in the hydrogenated resin segment, with several firms investing in cleaner and more versatile formulations to gain a foothold in premium applications such as hygiene, food packaging, and medical devices. For instance, in January 2024, a leading global chemical player announced the expansion of its hydrogenated hydrocarbon resin plant in South Korea, aimed at doubling its output to meet growing demand in Asia-Pacific and Europe.

In recent years, the global C5 resin industry has witnessed the emergence of innovative startups focused on sustainability and advanced resin technologies. These startups are leveraging cutting-edge methods such as microwave-assisted pyrolysis and bio-based synthesis to develop environmentally responsible alternatives to traditional hydrocarbon resins. Their primary objective is to reduce dependence on petroleum feedstocks while delivering high-performance resins suitable for adhesives, rubber compounding, packaging, and hygiene applications. With a strong emphasis on circular economy principles and low-VOC formulations, these companies aim to meet the evolving regulatory and consumer demands for greener and more efficient materials.

  • Resynergi Inc. Founded: 2017: Resynergi is a California-based startup focused on converting mixed plastic waste into high-value hydrocarbon resins and fuels using microwave-assisted pyrolysis technology. While not a direct producer of traditional C5 resins, the company aims to disrupt the conventional resin industry by offering a circular economy-based alternative to petroleum-derived tackifiers. Their mission is to reduce the environmental impact of resin production and meet growing demand for eco-friendly adhesives and coatings.
  • Aditya Renewable Polymers Pvt. Ltd.: Founded: 2018 (India) to develop bio-based and hybrid resins for adhesives and rubber applications. This startup focuses on designing bio-hydrocarbon tackifier resins, blending C5 resin analogs with plant-based feedstocks. Its objective is to serve clients in the automotive, packaging, and hygiene sectors who are shifting toward sustainable materials. With its R&D-driven approach, Aditya Renewable Polymers aims to offer low-VOC, cost-effective, and high-performance alternatives to conventional C5 resins.

Top Player’s Company Profile

  • Eastman Chemical Company
  • Kolon Industries, Inc.
  • Zibo Luhua Hongjin New Material Co., Ltd.
  • ExxonMobil Corporation
  • Zeon Corporation
  • Arakawa Chemical Industries Co., Ltd.
  • Cray Valley S.A.
  • DuPont de Nemours, Inc.
  • Shanghai Jinsen Hydrocarbon Resins Co., Ltd.
  • Lesco Chemical Limited
  • Neville Chemical Company
  • ENEOS Holdings, Inc.

Recent Developments in C5 Resin Market

  • In March 2024, Eastman Chemical Company announced the expansion of its hydrogenated hydrocarbon resin production facility in South Korea. This significant investment aims to double the facility's capacity to meet the increasing demand for high-purity C5 resins in the Asia-Pacific and European regions. The move is expected to cater to sectors like hygiene products, food packaging, and medical devices, further solidifying Eastman’s market position.
  • In May 2024, Kolon Industries and ExxonMobil renewed and deepened their strategic collaboration, focusing on R&D for next-generation C5/C9 copolymer resins. This partnership aims to address the growing demand for high-performance resins in the automotive and construction industries. The collaboration emphasizes the development of more sustainable resins with advanced properties that meet evolving consumer and regulatory demands.
  • In July 2024, Zeon Corporation acquired a significant stake in a leading Chinese C5 resin manufacturer, marking an important step in its strategy to expand its footprint in the Asia-Pacific region. This acquisition will enhance Zeon's production capabilities for C5 resins used in adhesives, sealants, and rubber compounding. The move also strengthens Zeon’s presence in a rapidly growing market while ensuring better supply chain management.

C5 Resin Key Market Trends

C5 Resin Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the C5 resin market is experiencing significant growth, which is driven by increasing demand for various industries such as motor vehicles, packaging and construction. These resins, derived from petroleum or other natural resources, are preferred by their versatility, stability and ability to make high-reduction products. In 2024, the market looks at the hydrogenated C5 resins due to their better stability and heat resistance. This C5 resin market trend is particularly prominent in high-value applications such as food packaging, medical products and hygiene items. With an enlarged focus on stability and compliance with regulations, manufacturers invest heavy in improving hydrogen technologies. C5 resins demand is also increased from growing the marketing of car and electric vehicles, where these resin lanes and coatings are important for performance. In addition, innovation in environmentally friendly and bio-based C5 resins forms the future of the market. Key drivers leading the growth of the C5 resin market include the increased demand from end-use industries.

Report Metric Details
Market size value in 2023 USD 5.18 Billion
Market size value in 2032 USD 6.70 Billion
Growth Rate 2.90%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • ApplicationSub-SegmentsPaints and Coatings, Adhesives and Sealants, Printing Inks, Rubber Compounding and Other Applications
    • Petroleum Resin
    • Halogenated C5
    • Non-Halogenated C5 and Cycloaliphatic C5
  • Type
    • Low Viscosity
    • Medium Viscosity
    • High Viscosity and Ultra-High Viscosity
  • Viscosity Grade
    • Tackifiers
    • Plasticizers
    • Stabilizers
    • Antioxidants
    • Colorants and Others
  • Additives
    • Automotive
    • Food & Beverage
    • Electrical & Electronics
    • Construction
    • Pharmaceuticals and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Eastman Chemical Company
  • Kolon Industries, Inc.
  • Zibo Luhua Hongjin New Material Co., Ltd.
  • ExxonMobil Corporation
  • Zeon Corporation
  • Arakawa Chemical Industries Co., Ltd.
  • Cray Valley S.A.
  • DuPont de Nemours, Inc.
  • Shanghai Jinsen Hydrocarbon Resins Co., Ltd.
  • Lesco Chemical Limited
  • Neville Chemical Company
  • ENEOS Holdings, Inc.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on C5 Resin Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on C5 Resin Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the C5 Resin Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the C5 Resin Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the C5 Resin Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the C5 Resin Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Global C5 Resin Market size was valued at USD 5.18 Billion in 2023 and is poised to grow from USD 5.33 Billion in 2024 to USD 6.70 Billion by 2032, growing at a CAGR of 2.90% in the forecast period (2025-2032).

The global C5 resin market remains moderately consolidated, with both global giants and specialized regional players vying for C5 resin industry market share. Major companies are focusing on capacity expansions, product diversification, and strategic collaborations to cater to rapidly evolving end-user demands. In 2024, the competition has intensified particularly in the hydrogenated resin segment, with several firms investing in cleaner and more versatile formulations to gain a foothold in premium applications such as hygiene, food packaging, and medical devices. For instance, in January 2024, a leading global chemical player announced the expansion of its hydrogenated hydrocarbon resin plant in South Korea, aimed at doubling its output to meet growing demand in Asia-Pacific and Europe. 'Eastman Chemical Company', 'Kolon Industries, Inc.', 'Zibo Luhua Hongjin New Material Co., Ltd.', 'ExxonMobil Corporation', 'Zeon Corporation', 'Arakawa Chemical Industries Co., Ltd.', 'Cray Valley S.A.', 'DuPont de Nemours, Inc.', 'Shanghai Jinsen Hydrocarbon Resins Co., Ltd.', 'Lesco Chemical Limited', 'Neville Chemical Company', 'ENEOS Holdings, Inc.'

C5 hydrocarbon resins are essential tackifiers in hot-melt and pressure-sensitive adhesives (PSAs), used in a wide array of industries from packaging and bookbinding to hygiene and woodworking. The global packaging industry alone is witnessing exponential growth due to e-commerce expansion and changing consumer habits, particularly in Asia-Pacific and North America. This has led to increased consumption of adhesives and thus, C5 resins. Additionally, their compatibility with EVA, SIS, and SBS polymers makes them a preferred choice for high-performance adhesive formulations.

Shift Toward Hydrogenated and Low-Odor C5 Resins: Hydrogenated C5 resins offer improved stability, transparency, and thermal resistance, making them suitable for applications in food packaging, hygiene products, and medical devices. In 2024, manufacturers are investing in hydrogenation technologies to tap into high-value segments that demand superior performance and purity. In the food packaging industry, low-odor and colorless adhesives are critical for maintaining hygiene and meeting regulatory standards. Hydrogenated C5 resins, with their FDA-compliant properties, are increasingly being used in hot-melt adhesives for food-safe packaging films, cartons, and wrappers.

What Are the Key Drivers Behind C5 Resin Demand in This Region?

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Global C5 Resin Market
C5 Resin Market

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