出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年2月
テルペン樹脂市場 : 製品タイプ（固体、液体）、グレード（工業用、技術用）、用途（インクとコーティング、接着剤とシーラント、チューインガム、パルプと紙、プラスチックとゴム、皮革加工）、地域別 – 2027年までの世界予測
Terpene Resins Market by product type (Solid, Liquid), grade (Industrial, Technical), application (Inks & coatings, adhesives & sealants, chewing gums pulp & paper, plastic & rubber, leather processing), and Region- Global Forecast to 2027
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The global terpene resins market size is projected to reach USD 1,450 million by 2027 from USD 991 million in 2022, at a CAGR of 7.9% during the forecast period. The market is driven by various factors such as growing demand for terpene resins from adhesives & sealants application and increasing popularity of terpene resins-based coatings. Additionally, the market is expected to be driven by rising industrialization and growing population in emerging economies in Asia Pacific and Middle East & Africa.
“Liquid segment to be the fastest growing segment amongst product type in the terpene resins market”
terpene resins market is segment as solid, and liquid based on the product type. Terpene resins are manufactured and supplied in the above-mentioned forms to meet specific application requirements. Solid terpene resin is mainly used in tires & rubbers as a superior elastomer and adhesives & sealants as an excellent tackifying material for hot-melt adhesive as well as pressure-sensitive labels for various end-use industries, such as packaging, nonwovens, bookbinding, construction/assembly, tapes and labels, and graphics. Solid terpene resin has a performance advantage as compared to liquid forms, hence account for the largest market share in the terpene resins market as compared to the liquid product type. However, cost-effectiveness with strong cohesive properties, good resistance to aging, heat, radiation, acid, and alkali, has no odor or toxicity, good adhesion, high chemical resistance, better moisture resistance, excellent mechanical properties, good fatigue resistance, low shrinkage, strong durability at low & high temperatures, and high electrical resistance of liquid terpene resins is expected to grow at the highest rate, during the forecast period.
“Technical segment is projected to grow at the highest rate amongst grades in the overall terpene resins market during the forecast period.”
Terpene resins market is segmented into technical and industrial based on grades. Industrial grade is typically made to be strong, durable, and resistant to wear and tear. Whereas, technical grade resin, is a type of resin that is specifically formulated to meet the technical requirements of a particular application or industry. It may have specific properties, such as high-temperature resistance, UV resistance, or chemical resistance, that make it suitable for use in certain applications. Technical grade resin has more stringent quality control and purity standards than industrial grade resin. Thus, high adoption of technical grade is thereby boosting its growth in the terpene resins market.
“Pulp & paper is projected to grow at a highest growth rate amongst applications in the overall terpene resins market”
Based on application, the terpene resins market is segmented into inks & coatings, plastic & rubber processing, pulp & paper, leather processing, adhesives & sealants, chewing gum, and others. Pulp & paper is projected to grow at the highest rate in the terpene resins market. Properties, such as excellent resistance to organic solvents, moisture and UV light, good toughness, improved adhesion, non-toxicity, good exterior durability, and excellent temperature & chemical resistance are the major factors that increase terpene resins used in these applications.
“Asia Pacific estimated to be the fastest growing region in the terpene resins market during the forecast period.”
Asia Pacific is projected to be the fastest growing region for terpene resins between 2022 and 2027. The development is mainly attributed to the booming economies in India, South Korea, and China. Manufacturers have been moving to the region due to the low cost of production and the ability to cater to the local emerging markets better, is driving the terpene resins market in the region.
Breakdown of Primaries
Extensive primary interviews were conducted in the process of determining and verifying sizes of several segments and subsegments of the terpene resins market gathered through secondary research.
The breakdown of primary interviews has been given below.
• By Company Type: Tier 1 – 25%, Tier 2 – 50%, and Tier 3 – 25%
• By Designation: C Level Executives – 20%, Director Level – 30%, Others – 50%
• By Region: North America – 20%, Asia Pacific – 25%, Europe – 30%, Middle East & Africa – 10%, Latin America – 15%.
The key players in the terpene resins market include Mangalam Organics Limited (India), Yasuhara Chemical Co. Ltd (Japan), Ingevity (US), Kraton Corporation (US), Baolin Chemical Industry Co. Ltd (China), Lesco Chemical Company (China), Arakawa Chemicals (Japan), Xinyi Sonyuan Chemical Co. Ltd (Japan) among others.
Research Coverage
This report covers the terpene resins market and forecasts its market size until 2027. The market has been segmented based on product type, grade, application, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market. The report also provides insights into the driving and restraining factors in the terpene resins market, along with opportunities and challenges in the market. It also includes profiles for key manufacturers in the market.
Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
1. This report segments the terpene resins market and provides the closest approximations of overall market size for its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the market and provide information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as new product launches, investment & expansions, agreement & collaboration, and mergers & acquisitions.
目次
1 INTRODUCTION 23
1.1 STUDY OBJECTIVES 23
1.2 MARKET DEFINITION 23
1.3 INCLUSIONS & EXCLUSIONS 23
TABLE 1 TERPENE RESINS MARKET: INCLUSIONS & EXCLUSIONS 23
1.4 MARKET SCOPE 24
1.4.1 MARKET SEGMENTATION 24
1.4.2 REGIONS COVERED 24
1.4.3 YEARS CONSIDERED 25
1.5 CURRENCY CONSIDERED 25
1.6 UNITS CONSIDERED 25
1.7 STAKEHOLDERS 25
2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
FIGURE 1 TERPENE RESINS MARKET: RESEARCH DESIGN 26
2.1.1 SECONDARY DATA 27
2.1.1.1 List of major secondary sources 27
2.1.1.2 Key data from secondary sources 27
2.1.2 PRIMARY DATA 28
2.1.2.1 Key data from primary sources 28
2.1.3 PRIMARY INTERVIEWS 29
2.1.3.1 Primary interviews: Demand and supply sides 29
2.1.3.2 Key industry insights 29
2.1.3.3 Breakdown of primary interviews 30
2.2 MARKET SIZE ESTIMATION 30
FIGURE 2 MARKET SIZE ESTIMATION: APPROACH 1 31
FIGURE 3 MARKET SIZE ESTIMATION: APPROACH 2 31
2.2.1 TOP-DOWN APPROACH 31
2.2.1.1 Approach for arriving at market size using top-down analysis 32
FIGURE 4 TOP-DOWN APPROACH 32
2.2.2 BOTTOM-UP APPROACH 32
2.2.2.1 Approach for arriving at market size using bottom-up analysis 32
FIGURE 5 BOTTOM-UP APPROACH 33
2.3 DATA TRIANGULATION 34
FIGURE 6 TERPENE RESINS MARKET: DATA TRIANGULATION 34
2.4 FACTOR ANALYSIS 35
2.5 ASSUMPTIONS 35
2.6 LIMITATIONS & RISKS ASSOCIATED WITH TERPENE RESINS MARKET 36
3 EXECUTIVE SUMMARY 37
FIGURE 7 SOLID TERPENE RESIN TO LEAD MARKET 38
FIGURE 8 INDUSTRIAL GRADE SEGMENT TO LEAD MARKET 38
FIGURE 9 ADHESIVES & SEALANTS TO BE LARGEST APPLICATION IN MARKET 39
FIGURE 10 ASIA PACIFIC WAS LARGEST TERPENE RESINS MARKET 39
4 PREMIUM INSIGHTS 41
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TERPENE RESINS MARKET 41
FIGURE 11 HIGH GROWTH IN ASIA PACIFIC TO DRIVE TERPENE RESINS MARKET 41
4.2 TERPENE RESINS MARKET, BY PRODUCT TYPE 41
FIGURE 12 LIQUID TERPENE RESIN TO BE FASTER-GROWING SEGMENT OF TERPENE RESINS MARKET 41
4.3 TERPENE RESINS MARKET, BY GRADE 42
FIGURE 13 TECHNICAL GRADE TO BE FASTER-GROWING SEGMENT OF TERPENE RESINS MARKET 42
4.4 TERPENE RESINS MARKET, BY APPLICATION 42
FIGURE 14 PULP & PAPER TO BE FASTEST-GROWING SEGMENT OF TERPENE RESINS MARKET 42
4.5 ASIA PACIFIC TERPENE RESINS MARKET, BY APPLICATION AND COUNTRY 43
FIGURE 15 ADHESIVES & SEALANTS AND CHINA ACCOUNTED FOR SIGNIFICANT SHARES (2021) 43
4.6 TERPENE RESINS MARKET: KEY COUNTRIES 43
FIGURE 16 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 43
5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MARKET DYNAMICS 44
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN TERPENE RESINS MARKET 44
5.2.1 DRIVERS 45
5.2.1.1 Increasing demand for terpene resins from adhesives & sealants applications 45
5.2.1.2 Increasing demand from plastic & rubber processing applications 45
5.2.1.3 Rising popularity of terpene resins-based coatings 46
5.2.2 RESTRAINTS 46
5.2.2.1 Limited feedstock supply and volatility of raw material prices 46
5.2.2.2 Increasing market penetration of limonene 46
5.2.2.3 Unstable geopolitical situations 46
5.2.3 OPPORTUNITIES 47
5.2.3.1 High demand for bio-based resins 47
5.2.4 CHALLENGES 47
5.2.4.1 High cost of raw materials 47
5.2.4.2 Volatility of the market 48
5.2.4.3 Environmental concerns regarding manufacturing of terpene resins 48
5.3 VALUE CHAIN 48
5.3.1 RAW MATERIAL SUPPLIERS 49
5.3.2 MANUFACTURERS 49
5.3.3 DISTRIBUTORS 49
5.3.4 END CONSUMERS 49
5.4 PORTER’S FIVE FORCES ANALYSIS 49
FIGURE 19 TERPENE RESINS MARKET: PORTER’S FIVE FORCES ANALYSIS 50
5.4.1 BARGAINING POWER OF SUPPLIERS 50
5.4.2 THREAT OF NEW ENTRANTS 50
5.4.3 THREAT OF SUBSTITUTES 51
5.4.4 BARGAINING POWER OF BUYERS 51
5.4.5 INTENSITY OF RIVALRY 51
5.5 TECHNOLOGY ANALYSIS 51
5.5.1 MANUFACTURING PROCESS OF TERPENE RESINS 51
5.6 REGULATORY LANDSCAPE 52
5.6.1 CODE OF FEDERAL REGULATIONS 52
5.6.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 52
TABLE 2 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 52
TABLE 3 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 53
TABLE 4 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 53
5.7 TRADE ANALYSIS 54
5.7.1 IMPORT-EXPORT SCENARIO 54
TABLE 5 IMPORT TRADE DATA FOR PHENOLIC TERPENE RESINS 54
TABLE 6 EXPORT TRADE DATA FOR PHENOLIC TERPENE RESINS 55
5.8 PRICING ANALYSIS 56
5.8.1 AVERAGE SELLING PRICE BASED ON REGION 56
FIGURE 20 AVERAGE SELLING PRICE BASED ON REGION (USD/SQUARE METER) 56
5.8.2 AVERAGE SELLING PRICE BASED ON PRODUCT TYPE 56
TABLE 7 AVERAGE SELLING PRICE BASED ON PRODUCT TYPE (USD/KG) 56
5.9 ECOSYSTEM MAPPING OF TERPENE RESINS MARKET 56
FIGURE 21 ECOSYSTEM MAPPING 56
TABLE 8 TERPENE RESINS: ECOSYSTEM 57
5.10 CASE STUDIES 57
5.10.1 KRATON CORPORATION 57
5.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 58
FIGURE 22 TRENDS/DISRUPTIONS IN TERPENE RESINS MARKET 58
5.12 KEY CONFERENCES & EVENTS IN 2022–2023 59
TABLE 9 TERPENE RESINS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 59
5.13 PATENT ANALYSIS 61
5.13.1 INTRODUCTION 61
5.13.2 METHODOLOGY 61
5.13.2.1 Document Type 61
TABLE 10 GRANTED PATENTS ACCOUNT FOR 10% OF TOTAL COUNT IN LAST 10 YEARS 61
5.13.2.2 Publication trends over last ten years 61
5.13.3 INSIGHTS 62
5.13.4 LEGAL STATUS OF PATENTS 62
FIGURE 23 LEGAL PATENTS STATUS 62
5.13.5 JURISDICTION ANALYSIS 62
FIGURE 24 TOP JURISDICTION-BY DOCUMENT 62
5.13.6 TOP COMPANIES/APPLICANTS 63
FIGURE 25 KEY PATENT APPLICANTS 63
TABLE 11 LIST OF PATENTS BY GANZHOU TAIPU NEW MAT CO LTD 63
TABLE 12 LIST OF PATENTS BY GANZHOU TAIPU CHEMICAL CO LTD 64
TABLE 13 TOP PATENT OWNERS IN LAST 10 YEARS 64
5.14 KEY FACTORS AFFECTING BUYING DECISION 64
5.14.1 QUALITY 64
5.14.2 SERVICE 65
FIGURE 26 SUPPLIER SELECTION CRITERION 65
6 TERPENE RESINS, BY PRODUCT TYPE 66
6.1 INTRODUCTION 67
FIGURE 27 SOLID SEGMENT TO LEAD TERPENE RESINS MARKET 67
TABLE 14 TERPENE RESINS MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 67
TABLE 15 TERPENE RESINS MARKET, BY PRODUCT TYPE, 2020–2027 (KILOTON) 67
6.2 SOLID TERPENE RESIN 68
6.3 LIQUID TERPENE RESIN 68
7 TERPENE RESINS MARKET, BY GRADE 69
7.1 INTRODUCTION 70
FIGURE 28 INDUSTRIAL GRADE SEGMENT TO REGISTER HIGHER CAGR IN TERPENE RESINS MARKET 70
TABLE 16 TERPENE RESINS MARKET, BY GRADE, 2020–2027 (USD MILLION) 70
TABLE 17 TERPENE RESINS MARKET, BY GRADE, 2020–2027 (KILOTON) 70
7.2 INDUSTRIAL GRADE 71
7.3 TECHNICAL GRADE 71
8 TERPENE RESINS MARKET, BY APPLICATION 72
8.1 INTRODUCTION 73
FIGURE 29 ADHESIVES & SEALANTS APPLICATION TO LEAD TERPENE RESINS MARKET 73
TABLE 18 TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 73
TABLE 19 TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 74
8.2 INKS & COATINGS 74
8.3 ADHESIVES & SEALANTS 75
8.4 CHEWING GUM 75
8.5 PULP & PAPER 76
8.6 PLASTIC & RUBBER 76
8.7 LEATHER PROCESSING 76
8.8 OTHERS 77
9 TERPENE RESINS MARKET, BY REGION 78
9.1 INTRODUCTION 79
FIGURE 30 INDIA TO RECORD FASTEST GROWTH DURING FORECAST PERIOD 79
TABLE 20 TERPENE RESINS MARKET, BY REGION, 2020–2027 (USD MILLION) 80
TABLE 21 TERPENE RESINS MARKET, BY REGION, 2020–2027 (KILOTON) 80
9.2 ASIA PACIFIC 80
FIGURE 31 ASIA PACIFIC: TERPENE RESINS MARKET SNAPSHOT 81
TABLE 22 ASIA PACIFIC: TERPENE RESINS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 82
TABLE 23 ASIA PACIFIC: TERPENE RESINS MARKET, BY COUNTRY, 2020–2027 (KILOTON) 82
TABLE 24 ASIA PACIFIC: TERPENE RESINS MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 82
TABLE 25 ASIA PACIFIC: TERPENE RESINS MARKET, BY PRODUCT TYPE, 2020–2027 (KILOTON) 83
TABLE 26 ASIA PACIFIC: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 83
TABLE 27 ASIA PACIFIC: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 83
9.2.1 CHINA 84
9.2.1.1 Cost-effective labor and availability of cheap raw materials to drive market 84
TABLE 28 CHINA: TERPENE RESINS MARKET, APPLICATION, 2020–2027 (USD MILLION) 84
TABLE 29 CHINA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 85
9.2.2 JAPAN 85
9.2.2.1 Increasing demand for terpene resins in pulp & paper industry to drive market 85
TABLE 30 JAPAN: TERPENE RESINS MARKET, APPLICATION, 2020–2027 (USD MILLION) 86
TABLE 31 JAPAN: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 86
9.2.3 INDIA 86
9.2.3.1 Investments and advancements across industries to drive market 86
TABLE 32 INDIA: TERPENE RESINS MARKET, APPLICATION, 2020–2027 (USD MILLION) 87
TABLE 33 INDIA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 88
9.2.4 SOUTH KOREA 88
9.2.4.1 Growing industries and commercial construction projects to drive market 88
TABLE 34 SOUTH KOREA: TERPENE RESINS MARKET, APPLICATION, 2020–2027 (USD MILLION) 89
TABLE 35 SOUTH KOREA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 89
9.2.5 AUSTRALIA 89
9.2.5.1 Strong spending on building & construction activities to drive market 89
TABLE 36 AUSTRALIA: TERPENE RESINS MARKET, APPLICATION, 2020–2027 (USD MILLION) 90
TABLE 37 AUSTRALIA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 90
9.2.6 REST OF ASIA PACIFIC 90
TABLE 38 REST OF ASIA PACIFIC: TERPENE RESINS MARKET, APPLICATION, 2020–2027 (USD MILLION) 91
TABLE 39 REST OF ASIA PACIFIC: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 91
9.3 NORTH AMERICA 91
TABLE 40 NORTH AMERICA: TERPENE RESINS MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION) 92
TABLE 41 NORTH AMERICA: TERPENE RESINS MARKET SIZE, BY COUNTRY, 2020–2027 (KILOTON) 92
TABLE 42 NORTH AMERICA: TERPENE RESINS MARKET SIZE, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 92
TABLE 43 NORTH AMERICA: TERPENE RESINS MARKET SIZE, BY PRODUCT TYPE, 2020–2027 (KILOTON) 93
TABLE 44 NORTH AMERICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 93
TABLE 45 NORTH AMERICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 93
9.3.1 US 94
9.3.1.1 Developments in chemical industry and growth in automotive sector to drive market 94
TABLE 46 US: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 95
TABLE 47 US: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 95
9.3.2 CANADA 95
9.3.2.1 Thriving automotive sector to drive market 95
TABLE 48 CANADA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 96
TABLE 49 CANADA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 96
9.3.3 MEXICO 97
9.3.3.1 Investments in infrastructure development and recovering automotive industry to drive market 97
TABLE 50 MEXICO: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 97
TABLE 51 MEXICO: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 98
9.4 EUROPE 98
TABLE 52 EUROPE: TERPENE RESINS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 98
TABLE 53 EUROPE: TERPENE RESINS MARKET, BY COUNTRY, 2020–2027 (KILOTON) 99
TABLE 54 EUROPE: TERPENE RESINS MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 99
TABLE 55 EUROPE: TERPENE RESINS MARKET, BY PRODUCT TYPE, 2020–2027 (KILOTON) 99
TABLE 56 EUROPE: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 99
TABLE 57 EUROPE: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 100
9.4.1 GERMANY 100
9.4.1.1 Developments and investments in consumer sector to lead to growth of chemical industry 100
TABLE 58 GERMANY: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 101
TABLE 59 GERMANY: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 101
9.4.2 FRANCE 101
9.4.2.1 Favorable demographic trends support terpene resins market 101
TABLE 60 FRANCE: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 102
TABLE 61 FRANCE: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 102
9.4.3 UK 102
9.4.3.1 Demand from energy, automotive, and construction industries to boost market 102
TABLE 62 UK: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 103
TABLE 63 UK: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 103
9.4.4 ITALY 104
9.4.4.1 Recovering construction industry to drive demand 104
TABLE 64 ITALY: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 104
TABLE 65 ITALY: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 105
9.4.5 SPAIN 105
9.4.5.1 Steady demand from adhesives & sealants application to drive market 105
TABLE 66 SPAIN: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 106
TABLE 67 SPAIN: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 106
9.4.6 REST OF EUROPE 106
TABLE 68 REST OF EUROPE: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 107
TABLE 69 REST OF EUROPE: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 107
9.5 MIDDLE EAST & AFRICA 107
TABLE 70 MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION) 108
TABLE 71 MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY COUNTRY, 2020–2027 (KILOTON) 108
TABLE 72 MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 108
TABLE 73 MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY PRODUCT TYPE, 2020–2027 (KILOTON) 109
TABLE 74 MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 109
TABLE 75 MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 109
9.5.1 SAUDI ARABIA 110
9.5.1.1 Manufacturers’ interest to set up units to drive market 110
TABLE 76 SAUDI ARABIA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 110
TABLE 77 SAUDI ARABIA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 111
9.5.2 UAE 111
9.5.2.1 Government initiatives to promote local players to boost demand. 111
TABLE 78 UAE: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 112
TABLE 79 UAE: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 112
9.5.3 SOUTH AFRICA 112
9.5.3.1 Government investments to boost economy 112
TABLE 80 SOUTH AFRICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 81 SOUTH AFRICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 113
9.5.4 REST OF MIDDLE EAST & AFRICA 114
TABLE 82 REST OF MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION) 114
TABLE 83 REST OF MIDDLE EAST & AFRICA: TERPENE RESINS MARKET SIZE, BY APPLICATION, 2020–2027 (KILOTON) 114
9.6 SOUTH AMERICA 115
TABLE 84 SOUTH AMERICA: TERPENE RESINS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 115
TABLE 85 SOUTH AMERICA: TERPENE RESINS MARKET, BY COUNTRY, 2020–2027 (KILOTON) 115
TABLE 86 SOUTH AMERICA: TERPENE RESINS MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 115
TABLE 87 SOUTH AMERICA: TERPENE RESINS MARKET SIZE, BY PRODUCT TYPE, 2020–2027 (KILOTON) 116
TABLE 88 SOUTH AMERICA TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 116
TABLE 89 SOUTH AMERICA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 116
9.6.1 BRAZIL 117
9.6.1.1 Expansion of production capacities to drive market 117
TABLE 90 BRAZIL: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 117
TABLE 91 BRAZIL: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 118
9.6.2 ARGENTINA 118
9.6.2.1 Rising investments in healthcare infrastructure and construction activities to drive market 118
TABLE 92 ARGENTINA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 119
TABLE 93 ARGENTINA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 119
9.6.3 REST OF SOUTH AMERICA 119
TABLE 94 REST OF SOUTH AMERICA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 120
TABLE 95 REST OF SOUTH AMERICA: TERPENE RESINS MARKET, BY APPLICATION, 2020–2027 (KILOTON) 120
10 COMPETITIVE LANDSCAPE 121
10.1 INTRODUCTION 121
10.1.1 TERPENE RESINS MARKET, KEY DEVELOPMENTS 121
TABLE 96 OVERVIEW OF STRATEGIES ADOPTED BY SOME KEY MARKET PLAYERS 121
10.2 RANKING ANALYSIS OF KEY MARKET PLAYERS 122
FIGURE 32 RANKING OF TOP FIVE PLAYERS TERPENE RESINS MARKET, 2022 122
10.3 MARKET SHARE ANALYSIS 124
FIGURE 33 TERPENE RESINS MARKET SHARE, BY COMPANY (2022) 124
TABLE 97 TERPENE RESINS MARKET: INTENSITY OF COMPETITIVE RIVALRY 124
10.4 REVENUE ANALYSIS OF TOP PLAYERS 125
TABLE 98 TERPENE RESINS MARKET: REVENUE ANALYSIS (USD) 125
10.5 MARKET EVALUATION MATRIX 125
TABLE 99 MARKET EVALUATION MATRIX 125
10.6 COMPANY EVALUATION MATRIX, 2022 (TIER 1) 126
10.6.1 STARS 126
10.6.2 EMERGING LEADERS 126
10.6.3 PERVASIVE PLAYERS 126
10.6.4 PARTICIPANTS 126
FIGURE 34 TERPENE RESINS MARKET: COMPANY EVALUATION MATRIX, 2022 127
10.7 STARTUPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX 127
10.7.1 RESPONSIVE COMPANIES 127
10.7.2 STARTING BLOCKS 127
10.7.3 PROGRESSIVE COMPANIES 128
10.7.4 DYNAMIC COMPANIES 128
FIGURE 35 TERPENE RESINS MARKET: COMPANY EVALUATION MATRIX FOR SMES 128
10.8 COMPANY END-USE INDUSTRY FOOTPRINT 129
10.9 COMPANY REGION FOOTPRINT 130
10.10 STRENGTH OF PRODUCT PORTFOLIO 131
10.11 BUSINESS STRATEGY EXCELLENCE 132
10.12 COMPETITIVE SCENARIO 133
10.12.1 PRODUCT LAUNCHES 133
TABLE 100 PRODUCT LAUNCHES, 2018–2022 133
10.12.2 DEALS 133
TABLE 101 DEALS, 2018–2022 133
10.12.3 OTHER DEVELOPMENTS 134
TABLE 102 OTHER DEVELOPMENTS, 2018–2021 134
11 COMPANY PROFILES 135
11.1 KEY PLAYERS 135
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1.1 MANGALAM ORGANICS LIMITED 135
TABLE 103 MANGALAM ORGANICS LIMITED: COMPANY OVERVIEW 135
FIGURE 36 MANGALAM ORGANICS LIMITED: COMPANY SNAPSHOT 136
TABLE 104 MANGALAM ORGANICS LIMITED: PRODUCT OFFERINGS 136
11.1.2 YASUHARA CHEMICAL CO. LTD 138
TABLE 105 YASUHARA CHEMICAL CO. LTD: COMPANY OVERVIEW 138
FIGURE 37 YASUHARA CHEMICAL CO. LTD: COMPANY SNAPSHOT 138
TABLE 106 YASUHARA CHEMICAL CO. LTD: PRODUCT OFFERINGS 139
TABLE 107 YASUHARA CHEMICAL CO. LTD: DEALS 139
11.1.3 INGEVITY 141
TABLE 108 INGEVITY: COMPANY OVERVIEW 141
FIGURE 38 INGEVITY: COMPANY SNAPSHOT 142
TABLE 109 INGEVITY: PRODUCT OFFERINGS 142
TABLE 110 INGEVITY: PRODUCT LAUNCHES 143
TABLE 112 INGEVITY: OTHER DEVELOPMENTS 144
11.1.4 KRATON CORPORATION 146
TABLE 113 KRATON CORPORATION: COMPANY OVERVIEW 146
TABLE 114 KRATON CORPORATION: PRODUCT OFFERINGS 146
TABLE 116 KRATON CORPORATION: OTHER DEVELOPMENTS 147
11.1.5 BAOLIN CHEMICAL INDUSTRY CO. LTD 149
TABLE 117 BAOLIN CHEMICAL INDUSTRY CO. LTD: COMPANY OVERVIEW 149
TABLE 118 BAOLIN CHEMICAL INDUSTRY CO. LTD: PRODUCT OFFERINGS 149
11.1.6 LESCO CHEMICAL LIMITED 151
TABLE 119 LESCO CHEMICAL LIMITED: COMPANY OVERVIEW 151
TABLE 120 LESCO CHEMICAL LIMITED: PRODUCT OFFERINGS 151
11.1.7 ARAKAWA CHEMICAL INDUSTRIES, LTD. 153
TABLE 121 ARAKAWA CHEMICAL INDUSTRIES, LTD.: COMPANY OVERVIEW 153
FIGURE 39 ARAKAWA CHEMICAL INDUSTRIES, LTD.: COMPANY SNAPSHOT 154
TABLE 122 ARAKAWA CHEMICAL INDUSTRIES, LTD.: PRODUCT OFFERINGS 154
TABLE 123 ARAKAWA CHEMICAL INDUSTRIES, LTD: OTHER DEVELOPMENTS 155
11.1.8 XINYI SONYUAN CHEMICAL CO. LTD 156
TABLE 124 XINYI SONYUAN CHEMICAL CO. LTD: COMPANY OVERVIEW 156
TABLE 125 XINYI SONYUAN CHEMICAL CO. LTD: PRODUCT OFFERINGS 156
11.2 OTHER PLAYERS 158
11.2.1 AKROCHEM CHEMICAL 158
11.2.2 FOREVEREST RESOURCES LTD. 158
11.2.3 HWALONG 158
11.2.4 RESIN CHEMICALS CO. LTD 158
11.2.5 JINAN FUTURE CHEMICAL CO., LTD 158
11.2.6 GOLDENSEA CHEMICALS CO. LTD 159
11.2.7 HENAN TIANFU CHEMICAL CO. LTD 159
11.2.8 BOC SCIENCES 159
11.2.9 MEGAWIDE CHEMICALS CO. LTD 159
11.2.10 DRT 159
11.2.11 CHINA MK GROUP CO. LTD 160
11.2.12 CAREER HENAN CHEMICAL COMPANY 160
11.2.13 PUYANG CHANGYU PETROLEUM RESINS CO. LTD 160
11.2.14 DUJODWALA RESINS AND TERPENES LTD. 160
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 APPENDIX 161
12.1 DISCUSSION GUIDE 161
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 165
12.3 CUSTOMIZATION OPTIONS 167
12.4 RELATED REPORTS 167
12.5 AUTHOR DETAILS 168