The global C Resin market size is expected to reach $ 6111 million by 2032, rising at a market growth of 6.6% CAGR during the forecast period (2026-2032).
C Resin (Hydrocarbon Resin or Petroleum Resin) is a C5/C9 aromatic hydrocarbon used in industrial applications. It has a tackifying effect and is suitable for use in paint, printing ink, adhesives, rubber and other areas where tackiness is required. It is a kind of thermal plasticizing hydrocarbon resin produced by C5, C9 fraction, by-products of petroleum cracking, through pretreatment, polymerization and distillation. It is not a high polymer but a low polymer with the molecular weight between 300-3000. Featured by acid value, easy mutual solubilities, resistant to water, resistant to ethanol and chemicals. It has the chemical stabilizing property to acid and alkaline, viscosity adjusting and thermal stabilizing, Generally, the petroleum resins are not used independently, but have to be used together with other kinds of resins as promoters, adjusting agents and modifiers in hot-melt adhesive, pressure-sensitive adhesive, hot melt road marking paint, rubber tires and so on.
In 2024, the global production of C resin exceeded 2 million tons, with an average ex-factory price of approximately $1,700 per ton.
In Asia-Pacific, the largest market for hydrocarbon resins, rapid industrialization, urbanization, and growing demand from packaging, construction, and automotive sectors are driving strong growth. China, in particular, has become both the largest producer and consumer, supported by a robust petrochemical base and expanding adhesive and rubber industries. India and Southeast Asia are also witnessing increasing consumption as manufacturing shifts and infrastructure development accelerate.
In Europe, demand is stable but comparatively slower-growing. Environmental regulations and the push for more sustainable materials have influenced the market, encouraging resin producers to optimize formulations and explore bio-based alternatives. Nonetheless, the strong automotive and tire industries in Germany, France, and Italy continue to ensure a steady consumption base.
In North America, the United States dominates the market with a well-established petrochemical industry and strong demand from packaging, road construction, and automotive sectors. However, competition from Asia-Pacific suppliers has increased, pressuring domestic producers to focus on higher-value and specialty resin grades.
In Latin America, Brazil and Mexico are the key growth drivers, fueled by infrastructure projects and expanding packaging industries. However, market development is somewhat constrained by economic fluctuations and limited local production capacity, leading to reliance on imports.
In the Middle East and Africa, abundant raw material availability, particularly in Gulf countries, provides opportunities for local resin production. Growing construction activities and industrial diversification initiatives in Saudi Arabia and the UAE are expected to strengthen regional demand, while Africa remains in an emerging stage with gradually increasing consumption.
This report studies the global C Resin production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for C Resin and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of C Resin that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global C Resin total production and demand, 2021-2032, (Kilotons)
Global C Resin total production value, 2021-2032, (USD Million)
Global C Resin production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons), (based on production site)
Global C Resin consumption by region & country, CAGR, 2021-2032 & (Kilotons)
U.S. VS China: C Resin domestic production, consumption, key domestic manufacturers and share
Global C Resin production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Kilotons)
Global C Resin production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
Global C Resin production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
This report profiles key players in the global C Resin market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ExxonMobil Chemical, Zeon, Kolon Industries, Rain Carbon, Arakawa Chemical, Teckrez, ENEOS, Mitsui Chemicals, Synthomer, Idemitsu, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World C Resin market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kilotons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global C Resin Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global C Resin Market, Segmentation by Type:
C5 Hydrocarbon Resin
C9 Hydrocarbon Resin
C5/C9 Copolymer Resin
Hydrogenated Hydrocarbon Resin
Others
Global C Resin Market, Segmentation by Application:
Adhesive & Sealant
Coating & Paint
Rubber
Printing Ink
Others
Companies Profiled:
ExxonMobil Chemical
Zeon
Kolon Industries
Rain Carbon
Arakawa Chemical
Teckrez
ENEOS
Mitsui Chemicals
Synthomer
Idemitsu
Formosan Union
Neville Chemical
Resinall
Shangdong Qilong
Zibo Luhua
Henghe Materials
Guangdong Xinhuayue
Fushun Huaxing
Daqing Huake
Jinhai Chengguang
Puyang Binder Chemical
Zhejiang Derong Chemical
Puyang Ruisen Petroleum Resins
Ecisco New Material
Tongxin New Material
Taixing Kingmix
Tianjin Jinye Chemical
Xinjiang Tianli
Qingdao Eastsun New Material
Puyang Xintian Chemical
Key Questions Answered:
1. How big is the global C Resin market?
2. What is the demand of the global C Resin market?
3. What is the year over year growth of the global C Resin market?
4. What is the production and production value of the global C Resin market?
5. Who are the key producers in the global C Resin market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on C Resin. Industry analysis & Market Report on C Resin is a syndicated market report, published as Global C Resin Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of C Resin market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.