C5 Resin Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers C5 Resin Market Analysis and is Segmented by Application (Paints and Coatings, Adhesives and Sealants, Printing Inks, Rubber Compounding, and Other Applications) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The market size and forecasts for C5 Resin Market are provided in terms of Volume (Kilotons) for all the above segments.

C5 Resin Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

C5 Resin Market Size

C5 Resins Market - market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

C5 Resin Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of C5 Resin Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

C5 Resin Market Analysis

The C5 Resin Market is expected to register a CAGR of greater than 4% during the forecast period.

The C5 resins industry is experiencing significant transformation driven by technological advancements and shifting market dynamics. The emergence of electric vehicles has created new opportunities for C5 resin applications, particularly in specialized adhesives and rubber compounds. According to industry data, worldwide electric car sales increased significantly, with battery electric vehicles accounting for two-thirds of new electric car registrations. This shift has prompted manufacturers to develop specialized formulations optimized for electric vehicle components and assembly processes. Major tire manufacturers are increasingly incorporating advanced C5 resin formulations to meet the specific performance requirements of electric vehicles.


The industry is witnessing substantial changes in manufacturing and supply chain strategies, with companies focusing on regional production capabilities. Several leading manufacturers have announced capacity expansions and new facility developments to strengthen their market presence. For instance, in July 2021, Bridgestone announced an investment of USD 139 million in its Brazil manufacturing plant to meet the expanding demand for premium tires. Similarly, Sumitomo Rubber Industries has committed USD 200 million to increase its production capacity in Brazil, aiming to reach 23,000 passenger car and light truck tires per day by April 2024.


The market is experiencing notable developments in end-use applications, particularly in the adhesives and sealants segment. According to FEICA (the Association of the European Adhesive & Sealant Industry), the European adhesives and sealants market is projected to reach EUR 22.2 billion by 2026. Manufacturers are increasingly focusing on developing sustainable solutions and improving product performance characteristics. The integration of C5 resins in advanced adhesive formulations has enabled enhanced bonding strength, improved thermal stability, and better compatibility with various substrates.


The industry landscape is being reshaped by regional manufacturing capabilities and technological innovation centers. Major players are establishing research and development facilities to develop specialized products for specific applications. The trend towards localization of production has gained momentum, with manufacturers investing in strategic locations to better serve regional markets. This shift is particularly evident in the Asia-Pacific region, where several companies have announced expansion plans and technological upgrades to their manufacturing facilities. The focus on regional manufacturing capabilities has also led to improved supply chain efficiency and reduced dependency on imports.

Segment Analysis: Application

Adhesives and Sealants Segment in C5 Resins Market

The adhesives and sealants segment dominates the global C5 resins market, accounting for approximately 44% of the total market volume in 2024. This segment's leadership position is primarily driven by the expanding packaging industry and increasing demand from construction applications. C5 resins are extensively utilized in the manufacturing of hot melt adhesive resins, providing superior tack and enhanced performance characteristics. The segment's growth is further supported by the rising adoption of C5 resins in pressure-sensitive adhesives, tapes, and labels across various industries, including packaging, automotive, healthcare, and construction. Additionally, the segment is experiencing the fastest growth rate of around 4% during the forecast period 2024-2029, driven by increasing demand from e-commerce packaging solutions and sustainable adhesive applications.

Market Analysis of C5 Resin Market: Chart for Application

Remaining Segments in Application Segmentation

The other significant segments in the C5 resins market include paints and coatings, rubber compounding, printing inks, and other miscellaneous applications. The paints and coatings segment represents the second-largest application area, where C5 resins are valued for their ability to improve pigment wetting, gloss, film hardness, and adhesion properties. This segment heavily relies on coating resins to enhance these properties. The rubber compounding segment is particularly important in tire manufacturing and other automotive components, where C5 resins enhance tackiness and processing characteristics. The printing inks segment utilizes C5 resins for improved viscosity control and pigment adhesion, while other applications include use as tackifier resins for various materials and wax-based applications. Each of these segments contributes to the market's diverse application portfolio and overall growth trajectory.

C5 Resin Market Geography Segment Analysis

C5 Resin Market in Asia-Pacific

The Asia-Pacific region represents the largest C5 resin market globally, driven by robust growth in the construction, automotive, and packaging industries. The region encompasses major economies, including China, India, Japan, and South Korea, each contributing significantly to market growth. These countries have witnessed substantial expansion in their manufacturing sectors, particularly in adhesives, paints, and rubber products. The presence of numerous tire manufacturers and growing automotive production facilities has further strengthened the C5 resin market position in this region.

Market Analysis of C5 Resin Market: Forecasted Growth Rate by Region

C5 Resin Market in China

China dominates the Asia-Pacific C5 resin market, holding approximately 62% share of the regional market. The country's dominance is attributed to its massive construction industry, which represents about 20% of all global construction investments. China's robust manufacturing sector, particularly in adhesives, paints, and coatings, continues to drive market growth. The country has also witnessed significant expansion in its tire manufacturing capabilities, with several major international players establishing production facilities. The government's focus on infrastructure development and the growing automotive sector further reinforce China's position as the market leader.

Growth Prospects in Chinese C5 Resin Market

China is expected to maintain its position as the fastest-growing market in the Asia-Pacific region, with a projected growth rate of approximately 4% during 2024-2029. The country's growth is driven by increasing investments in construction projects, an expanding automotive sector, and rising demand for packaging materials. The government's initiatives to promote sustainable development and environmental protection have led to increased adoption of advanced materials, including C5 resins, in various applications. The ongoing urbanization and industrialization trends continue to create new opportunities for market expansion.

C5 Resin Market in North America

The North American C5 resin market is characterized by advanced manufacturing capabilities and high demand from end-use industries such as packaging, construction, and automotive sectors. The region, comprising the United States, Canada, and Mexico, benefits from strong research and development activities and technological innovations in adhesive and coating applications. The presence of major market players and established distribution networks further strengthens the market structure in this region.

C5 Resin Market in United States

The United States maintains its position as the largest market for C5 resins in North America, accounting for approximately 78% of the regional market. The country's market leadership is supported by its robust construction industry and significant demand from the packaging sector. The presence of major automotive manufacturers and tire producers, coupled with increasing investments in infrastructure development, continues to drive market growth. The country's advanced manufacturing capabilities and focus on innovative applications in adhesives and coatings further reinforce its market position.

Growth Prospects in United States C5 Resin Market

The United States is projected to maintain the highest growth rate in North America, with an expected growth rate of approximately 4% during 2024-2029. The growth is driven by increasing demand from the construction sector, particularly in residential construction projects. The country's focus on developing sustainable adhesive solutions and growing demand for electric vehicles creates new opportunities for C5 resin applications. The expansion of the packaging industry and rising emphasis on infrastructure development further support market growth.

C5 Resin Market in Europe

The European C5 resin market demonstrates a mature and well-established industry structure, with significant contributions from Germany, the United Kingdom, Italy, and France. The region's market is characterized by stringent quality standards and an increasing focus on sustainable products. The presence of major automotive manufacturers and a growing emphasis on infrastructure development continues to drive market growth across the region.

C5 Resin Market in Germany

Germany maintains its position as the largest market for C5 resins in Europe. The country's leadership is attributed to its strong automotive industry and robust manufacturing sector. Germany's advanced chemical industry infrastructure and significant investments in research and development contribute to its market dominance. The presence of major tire manufacturers and growing demand from the construction sector further strengthens Germany's market position.

Growth Prospects in German C5 Resin Market

Germany leads the growth trajectory in the European region. The country's market expansion is driven by increasing demand from automotive applications and a growing emphasis on sustainable adhesive solutions. The government's focus on infrastructure development and rising investments in construction projects support market growth. The expansion of the packaging industry and growing demand for electric vehicles create new opportunities for market development.

C5 Resin Market in South America

The South American C5 resin market is primarily driven by developments in Brazil and Argentina. The region's market growth is influenced by an expanding automotive sector and increasing construction activities. Brazil emerges as both the largest and fastest-growing market in the region, supported by its robust manufacturing sector and growing demand from the packaging industry. The region's market development is further supported by increasing investments in infrastructure projects and rising demand for adhesive applications.

C5 Resin Market in Middle East & Africa

The Middle East & Africa region demonstrates growing potential in the C5 resin market, with Saudi Arabia and South Africa as key contributing countries. The region's market growth is driven by increasing construction activities and an expanding automotive sector. Saudi Arabia emerges as both the largest and fastest-growing market in the region, supported by its Vision 2030 initiative and growing industrial development. The region's market expansion is further reinforced by rising investments in infrastructure projects and growing demand from the packaging industry.

C5 Resin Industry Overview

Top Companies in C5 Resins Market

The global C5 resin market is characterized by continuous product innovation and strategic expansions by leading players like ExxonMobil, Eastman Chemical Company, Zeon Corporation, Kolon Industries, and Zibo Luhua Hongjin New Material Co. Ltd. Companies are focusing on developing high-performance synthetic resins with enhanced properties for specific applications while simultaneously expanding their production capacities through new plant establishments and capacity additions. Strategic moves include strengthening distribution networks and forming partnerships to penetrate emerging markets, particularly in Asia-Pacific. Operational agility is demonstrated through integrated manufacturing facilities and robust supply chain management systems. Market leaders are also investing heavily in research and development to create differentiated products for specialized applications in the automotive, construction, and packaging industries. The emphasis on sustainable and environmentally friendly products is driving innovation in bio-based alternatives and eco-friendly manufacturing processes.

Consolidated Market with Strong Regional Players

The C5 resin market exhibits a consolidated structure with the top five players commanding approximately half of the global market share. Major multinational corporations dominate the landscape, leveraging their extensive research capabilities, established distribution networks, and economies of scale. These industry leaders operate alongside regional specialists who maintain strong positions in their local markets, particularly in Asia-Pacific where domestic manufacturers have a significant presence. The market is characterized by vertical integration, with several key players maintaining control over raw material sources and manufacturing processes.


Merger and acquisition activities in the market are strategic in nature, focused on expanding geographical presence and acquiring technological capabilities. Companies are increasingly pursuing partnerships and joint ventures to strengthen their market position and access new technologies. The trend of consolidation is particularly evident in emerging markets where larger players are acquiring local manufacturers to establish a stronger regional presence. This consolidation trend is driven by the need to achieve operational efficiencies, expand product portfolios, and enhance market reach in high-growth regions.

Innovation and Sustainability Drive Future Success

Success in the C5 resin market increasingly depends on companies' ability to innovate and adapt to changing market demands while maintaining cost competitiveness. Incumbent players must focus on developing specialized products for high-value applications while optimizing their production processes to maintain cost advantages. The ability to offer customized solutions for specific end-user requirements, particularly in the adhesives and coatings segments, is becoming crucial. Companies need to invest in sustainable practices and eco-friendly products to address growing environmental concerns and regulatory pressures.


For contenders looking to gain market share, focusing on niche applications and underserved markets presents significant opportunities. Success factors include developing strong relationships with end-users, particularly in the automotive and construction sectors, and offering competitive pricing without compromising quality. The threat of substitution from alternative materials necessitates continuous product improvement and differentiation. Companies must also prepare for potential regulatory changes regarding environmental standards and emissions control, particularly in developed markets. Building strong technical support capabilities and maintaining flexible production systems will be crucial for adapting to market changes and customer requirements.

C5 Resin Market Leaders

  1. Eastman Chemical Company

  2. Kolon Industries, Inc.

  3. Zibo Luhua Hongjin New Material Co. Ltd

  4. ExxonMobil Corporation

  5. Zeon Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration - C5 Resin Market.png
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C5 Resin Market News

  • In October 2021, Eastman Chemical Company announced that the company and some of its subsidiaries entered a definitive agreement to sell its adhesive resins assets and business to Synthomer PLC for a total cash consideration of USD 1 billion. The sale comprised hydrocarbon resins (including Eastman Impera's tire resins), pure monomer resins, polyolefin polymers, rosins and dispersions, and oleochemical and fatty-acid-based resins. These businesses belonged to Eastman's Additives & Functional Products segment.

C5 Resin Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand for Adhesives and Sealants from the Packaging Industry
    • 4.1.2 Expansion of the Construction Industry
  • 4.2 Restraints
    • 4.2.1 Replacement of C5 Resins
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Paints and Coatings
    • 5.1.2 Adhesives and Sealants
    • 5.1.3 Printing Inks
    • 5.1.4 Rubber Compounding
    • 5.1.5 Other Applications (Paper Sizing Agents, Plastic Modifiers)
  • 5.2 Geography
    • 5.2.1 Asia-Pacific
    • 5.2.1.1 China
    • 5.2.1.2 India
    • 5.2.1.3 Japan
    • 5.2.1.4 South Korea
    • 5.2.1.5 Rest of Asia-Pacific
    • 5.2.2 North America
    • 5.2.2.1 United States
    • 5.2.2.2 Canada
    • 5.2.2.3 Mexico
    • 5.2.3 Europe
    • 5.2.3.1 Germany
    • 5.2.3.2 United Kingdom
    • 5.2.3.3 Italy
    • 5.2.3.4 France
    • 5.2.3.5 Rest of Europe
    • 5.2.4 South America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Argentina
    • 5.2.4.3 Rest of South America
    • 5.2.5 Middle-East and Africa
    • 5.2.5.1 Saudi Arabia
    • 5.2.5.2 South Africa
    • 5.2.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)** /Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Arakawa Chemical Industries Ltd
    • 6.4.2 Cray Valley
    • 6.4.3 DuPont
    • 6.4.4 Eastman Chemical Company
    • 6.4.5 Eneos Holdings Inc.
    • 6.4.6 Exxon Mobil Corporation
    • 6.4.7 Henan Anglxxon Chemical Co. Ltd
    • 6.4.8 Kolon Industries Inc.
    • 6.4.9 Lesco Chemical Limited
    • 6.4.10 Neville Chemical Company
    • 6.4.11 Puyang Ruisen Petroleum Resins Co. Ltd
    • 6.4.12 Seacon Corporation
    • 6.4.13 Shanghai Jinsen Hydrocarbon Resins Co. Limited
    • 6.4.14 Zibo Luhua Hongjin New Material Co. Ltd
    • 6.4.15 Zeon Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Growth of the Electric Vehicle Market
**Subject to Availability
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C5 Resin Industry Segmentation

The Global C5 resins market is segmented based on application and geography. By application, the market is segmented into paints and coatings, adhesives and sealants, printing inks, rubber compounding, and other applications (paper sizing agents, plastic modifiers). The report also studies the market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of volume (kilotons).

Application Paints and Coatings
Adhesives and Sealants
Printing Inks
Rubber Compounding
Other Applications (Paper Sizing Agents, Plastic Modifiers)
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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C5 Resin Market Research FAQs

What is the current C5 Resin Market size?

The C5 Resin Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in C5 Resin Market?

Eastman Chemical Company, Kolon Industries, Inc., Zibo Luhua Hongjin New Material Co. Ltd, ExxonMobil Corporation and Zeon Corporation are the major companies operating in the C5 Resin Market.

Which is the fastest growing region in C5 Resin Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in C5 Resin Market?

In 2025, the Asia Pacific accounts for the largest market share in C5 Resin Market.

What years does this C5 Resin Market cover?

The report covers the C5 Resin Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the C5 Resin Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

C5 Resin Market Research

Mordor Intelligence delivers a comprehensive analysis of the C5 resin industry. We leverage our extensive expertise in both petroleum resin and synthetic resin markets. Our research thoroughly examines the complete value chain. This includes everything from aliphatic hydrocarbon resin production to end-use applications in coating resin and adhesive resin segments. The report provides detailed insights into polymer resin technologies. It covers thermoplastic resin developments and industrial resin innovations, with a particular focus on C5 aliphatic resin and DCPD resin applications.

Stakeholders across the industry can access our detailed report PDF, which is available for instant download. It features an in-depth analysis of tackifier resin markets and hydrocarbon resin demand patterns. The comprehensive study covers emerging trends in C9 resin manufacturing and applications of resins for hot melt adhesives. This provides valuable insights for decision-makers in the petroleum resin industry. Our analysis encompasses both established and emerging applications across the polymer resin market and thermoplastic resin market. We offer strategic guidance for businesses operating in these sectors.