Global C5 Hydrocarbon Resin (HCR) Market, By Application (Adhesive and sealants, Paints and Coatings, Printing Inks, Rubber Compounding, Pressure-sensitive Tapes and Labels, Others), By Region (North America, Europe, Asia Pacific, South America, and the Middle East); Trend Analysis, Competitive Market Share & Forecast, 2020-2027.

January 2021
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global c5 hydrocarbon resin (hcr) market

Global C5 HCR Market size- Industry Trends & Forecast Report 2026.

The global C5 HCR market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 1.1 billion in 2020. The market is further expected to touch USD  billion by 2027, growing at a CAGR of almost 6.0% during 2021-2027 (forecast period). C5 HCR is produced from aliphatic C5 hydrocarbons, produced as a by-product of the cracking process. C5 resins are widely used in many industries, such as – Adhesive and sealants, paints and coatings, printing inks, rubber compounding, pressure-sensitive tapes, and labels, etc. Furthermore, with the increasing construction and industrialization in developing countries, the demand for C5 resin is growing constantly and contributing to the growth of the market. 

Source: BlueWeave Consulting


Global C5 HCR Market Overview:

Aliphatic hydrocarbon resins (C5 Resins) are made from C5 piperylene and its derivatives. C5 resins are aliphatic in nature and are fully compatible with natural rubber, LDPE, and elastomers with low polarity. C5 resins provide excellent tack and have enhanced heat stability. C5 resins have found major applications in the adhesive and hot melt industry. C5 resins, with paints, provide water resistance, UV, and chemical protection. The rubber industry is another sector with a wide range of applications for C5 resins. 



C5 HCR Market Forecast and Trends


Growth Drivers 


Excellent adhesive strength with enhanced thermal and chemical stability. 

C5 HCR has excellent adhesive properties. C5 HCR also protects acids, bases, and water. When used with paints and coatings, they provide excellent gloss, tack, and adhesion to the paints. Therefore, they are used extensively in the automotive industry. Owing to their aliphatic nature, C5 resins are compatible with all-natural rubber, and most olefins, and are used to reduce the tacky nature of natural rubber. In recent years, the natural rubber market has increased significantly, and the use of C5 resins to reduce the tackiness of the natural rubber is also increasing. 


Rise of Pressure-sensitive tapes and labels market.

The pressure-sensitive tapes and labels market is growing day by day. The increasing demand for pressure sensitive tapes in the medical sector will be driving the market for C5 resin in the forecast period. The packaging sector is another market with an increasing demand for pressure-sensitive tapes and labels with good adhesive properties. Hot melts, used for road constructions, are also a segment with the growing application of C5 resins. Hot melts have low softening points and are often in the solid phase at room temperature, which makes their handling very easy. They change to liquid form between 120-180 degrees and cool rapidly with excellent bonding strength.




Environment restraints and the rise of rosin resin as a bio-friendly alternative to C5 resin is most likely to hamper the growth of the C5 resin Industry. 

The attention of the world is shifting towards environment-friendly products. Furthermore, with the governments regularly updating regulations for petroleum products, the growth of the C5 resin market is likely to be adversely affected. The emergence of rosin resin as a bio-friendly alternative to C5 resin is also going to affect the growth rate of the C5 resin market negatively. The rosin resin, obtained from Pine trees and plants, is a natural resin and has minimal effects on human health. Also, the rosin resin has properties very similar to C5 resin and is seen as a cost-friendly alternative to C5 resin.


Impact of COVID-19 in industry


The global economy and humanity have been pushed into a crisis due to the COVID-19 pandemic. Due to the high infection rate and adverse impact on public health systems, various governments have enforced nationwide lockdowns significantly impacting manufacturing supply chains, trade, and related services. Players are currently considering digital solutions that would enable them to serve the community and provide new opportunities to do business. The production, manufacturing, supply chain, and other operations, have slowed down globally aimed to limit the spread of the coronavirus. The global impact of the coronavirus disease 2019 (COVID-19) is likely only beginning and it significantly affected the market in 2020. The second wave of COVID-19 has started, and with the cases of the second strain of COVID-19 increasing, the countries are again announcing nationwide lockdowns. Despite the growing uncertainty and panic, technology suppliers must continue to focus on their long-term investments, maintain engagement with partners and prospects, and look to specific markets for stability.


C5 Resin Market: By End Use


Based on the End-use, the C5 resin market is segmented into Adhesive and sealants, Paints and Coating, Printing Inks, Rubber Compounding, and Pressure-sensitive tapes and labels. Adhesives and Sealants market is likely to dominate globally. The enhanced thermal and oxidative resisting properties along with the high processability of adhesives are fueling the demand and acting as the major factors driving the growth of this end-user segment. The pressure-sensitive tapes and labels market is also going to affect the C5 resin market positively. 

Source: BlueWeave Consulting

C5 HCRMarket: Regional Insight

On a global scale, the C5 resin market is fragmented into Asia Pacific, Europe, North America, South America, and the Middle East. Asia-Pacific region is most likely to dominate the C5 HCR market with China, and India leading the way. The regional market share is likely to grow in the forecast period owing to the growing automotive industry and increasing construction work. In recent years the production of natural rubber, in India, has increased significantly, which will positively affect the market growth of C5 HCR. North American region is likely to follow the lead with high disposable income, great investment opportunities, and high demand for adhesives, tapes, and hot melts.

Source:BlueWeave Consulting


Competitive landscape

THE aliphatic C5 HCR resin market is fragmented owing to the presence of several companies that provides varied petroleum resin products. However, the companies that hold the majority share of the Petroleum Resin market are Brasken, Cymetech (Owned by Sojitz), Reliance Industries, Henghe Petrochemical Co., Ltd, Shandong ShenxianRuisen Petroleum Resins Co., Ltd, Cepsa, Mitsui Chemicals, Ineos Phenol, ExxonMobil, Rain carbon, Zeon Corporation, Idemitsu, Puyang Changyu Petroleum Resins, Lesco, Kolon Hydrocarbon, PuyangTiancheng Chemical Co., Ltd. Arakawa Chemical Industries, Eastman Chemical Company, BASF, Dow Chemicals, and other prominent players.

In the C5 HCR resin market, prominent market participants compete based on price and product quality. Small and medium-sized market players are expected to show considerable improvements in the foreseeable future, given the moderate level of capital expenditure needed to set up a business. The large-sized companies, however, are likely to aim for global expansion, in a bid to gain a more considerable brand reputation.

Scope of the Report



Years Considered

Historical data – 2017-2020

Base Year – 2021

Forecast – 2022 – 2027

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, Germany, France, Italy, Spain, Italy, Japan,

China, India, Japan, Singapore, South Korea, Brazil, Mexico, Saudi Arabia,

GCC Countries. UAE, South Africa

Product/Service Segmentation

By End-Use Industry and By Region

Key Players

Brasken, Cymetech (Owned by Sojitz), Reliance Industries,

Henghe Petrochemical Co., Ltd,

Shandong ShenxianRuisen Petroleum Resins Co., Ltd,

Cepsa, Mitsui Chemicals, Ineos Phenol,

ExxonMobil, Rain carbon, Zeon Corporation,

Idemitsu, Puyang Changyu Petroleum Resins, Lesco,

Kolon Hydrocarbon,

PuyangTiancheng Chemical Co. Ltd.

Arakawa Chemical Industries,

Eastman Chemical Company, BASF,

Dow Chemicals, and others



Scope of the Report

By End Use Industry

Ø  Adhesive and sealants

Ø  Paints and Coatings

Ø  Printing Inks

Ø  Rubber Compounding

Ø  Pressure sensitive Tapes and Labels

Ø  Others

By Region

Ø  North America

Ø  Europe

Ø  Asia Pacific

Ø  Middle East and Africa

Ø  Latin America


We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at

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