C5 Resin Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
C5 Resin Market in 2025 is estimated at USD 885.65 million. The global Market size crossed USD 848.97 million in 2024 and is likely to register a CAGR of over 5.4%, exceeding USD 1.68 billion revenue by 2037. Asia Pacific is expected to accumulate USD 588 million by 2037, fueled by rising growth in C5 resin production and its high utilization.
The major factor that is attributed to market growth is the rising construction industry across the world. Owing to the advantageous chemical composition of C5 resins, it is considered to be one of the vital components in building infrastructures and other construction projects. For instance, the worldwide construction industry was worth about USD 6 trillion in 2020 and is anticipated to be worth nearly USD 14 trillion by 2030.
Additionally, it is noticed that the growth of the market is dependent on the various advantages provided by C5 resins i.e. good adhesion, along with the compatibility with most of the base polymers, polymer modifiers, and antioxidants.
C5 Resin Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Paints and Coatings Industry – C5 resin has an extensive range of applications as a modifier for paints and coatings processes. It also can act as a tackifier for adhesives and pressure-sensitive adhesives, when used in combination with various types of resins. All these factors coupled to extend the utilization rate of C5 resins in the paints and coatings industry expected to contribute positively to market growth during the forecast period. The worldwide paint and coatings market was expected to be worth over USD 160 billion in 2021, rising to nearly USD 240 billion by 2029.
- Rapid Growth of Adhesives and Sealants Industry – In the recent period, the demand for C5 resin in various adhesives and sealants applications as it provides good adhesion and promotes tack in hot-melt and pressure-sensitive adhesives. It has been stated that the global adhesives and sealants industry was valued at almost USD 70 billion in 2022 and is further expected to grow at 6% CAGR.
- Extensive Growth in the Automotive Industry - Recently, it has been calculated that the global automotive industry manufacturing industry amounted to almost USD 3 trillion by the end of 2021.
- Growth in the Chemical Industry - According to recent estimates, the global chemical industry's revenue in 2021 was projected to exceed over USD 5 trillion.
Challenges
- Long Manufacturing Cycles – The manufacturing of C5 resin requires a lot of raw materials which need to be handled carefully. Unfortunately, the constant fluctuation in prices of the raw materials along with the long manufacturing cycles is estimated to lower the adoption rate and subsequently hamper the market growth during the forecast period.
- Requirement of Higher Initial Investment
- Stringent Government Rules
C5 Resin Market: Key Insights
| Report Attribute | Details |
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
5.4% |
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Base Year Market Size (2024) |
USD 848.97 million |
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Forecast Year Market Size (2037) |
USD 1.68 billion |
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Regional Scope |
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C5 Resin Segmentation
Application (Paint & Coating, Adhesive, Printing Ink, Rubber and Wax Compounding)
Paint & coating segment is poised to capture C5 resin market share of over 38% by 2037, as increasing demand for paints and coatings from various end-use industries such as automotive, construction, healthcare, adhesives, and others. According to recent statistics, it is anticipated that 860 million gallons of architectural paint was estimated to be used in the United States in 2020. Furthermore, C5 resin has an extensive range of applications as a modifier for paints and printing inks which is also estimated to create a positive outlook for market growth.
End-User Industry (Construction, Medical, Printing, Mining, Packaging, Automotive, Power Generation)
Construction segment is expected to account for C5 resin market share of more than 32% by the end of 2037, due to rapid growth of the real estate sector and the rising favorable initiatives for infrastructure development. According to recent forecasts, real estate businesses generated around USD 10 billion in income in 2021. Furthermore, the increasing number of residential and non-residential building projects, as well as rising investments in research and development activities, are expected to boost segment expansion.
Our in-depth analysis of the global market includes the following segments:
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Application |
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End-Use Industry |
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Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
C5 Resin Industry - Regional Synopsis
APAC Market Forecast
Asia Pacific industry is likely to hold largest revenue share of 35% by 2037, attributed to rising growth in the C5 resin production and its high utilization. China and India are the leading countries in the Asia Pacific to churn out the C5 resin. For instance, the total C5 resin production in China amounted to cross USD 175 billion USD 165 billion in 2021. Also, the market is growing on the back of rapidly increasing construction activities.
North American Market Statistics
The North America C5 resin market is estimated to register a share of about 24% by the end of 2037, owing to the excessive utilization of C5 resin in tire manufacturing and adhesive formulation. The growing automotive industry is expected to increase the demand for C5 resin. Also, the market growth is ascribed to the rising investments in prominent applications in various industries along with the emerging advanced technologies in the region during the forecast period.
Companies Dominating the C5 Resin Landscape
- Arakawa Chemical Industries. Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Cray Valley S.A.
- Kolon Industries, Inc.
- ENEOS Holdings, Inc.
- DuPont de Nemours, Inc.
- Shanghai Jinsen Hydrocarbon Resins Co., Ltd.
- Zibo Luhua Hongjin New Material Group Co., Ltd
- Eastman Chemical Company
- Lesco Chemical Limited
- Neville Chemical Company
Recent Developments
- Cray Valley to add sustainably sourced farnesene-based resins in two of its standard hydroxyl-terminated diene resin, Krasol F3100, and Krasol F3000.
- ENEOS Holdings, Inc. becomes a member of the ‘Alliance to End Plastic Waste’ to rise concern about global plastic waste and address four targeted areas, engagement, education, innovation, and infrastructure.
Author Credits: Rajrani Baghel
- Report ID: 4058
- Published Date: May 08, 2025
- Report Format: PDF, PPT
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C5 Resin Market Report Scope
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