Terpene Resins Market
Terpene Resins Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Type Solid, Liquid
- By Grade Technical, Industrial
- By Application Inks & Coatings, Adhesives & Sealants, Chewing Gums, Plastic & Rubber, Leather Processing, Other Applications
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1.1 Billion |
Revenue 2030: | USD 1.84 Billion |
Revenue CAGR (2023 - 2030): | 7.7% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Terpene Resins Market Segment Analysis
- Terpene Resins Product Type Outlook (Revenue, USD Million, 2018 - 2030)
- Solid
- Liquid
- Terpene Resins Grade Outlook (Revenue, USD Million, 2018 - 2030)
- Technical
- Industrial
- Terpene Resins Application Outlook (Revenue, USD Million, 2018 - 2030)
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Terpene Resins Market, by Product Type
- Solid
- Liquid
-
North America Terpene Resins Market, by Grade
- Technical
- Industrial
-
North America Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- U.S.
- U.S. Terpene Resins Market, by Product Type
- Solid
- Liquid
- U.S. Terpene Resins Market, by Grade
- Technical
- Industrial
- U.S. Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- U.S. Terpene Resins Market, by Product Type
- Canada
- Canada Terpene Resins Market, by Product Type
- Solid
- Liquid
- Canada Terpene Resins Market, by Grade
- Technical
- Industrial
- Canada Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Canada Terpene Resins Market, by Product Type
-
Mexico
- Mexico Terpene Resins Market, by Product Type
- Solid
- Liquid
- Mexico Terpene Resins Market, by Grade
- Technical
- Industrial
- Mexico Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Mexico Terpene Resins Market, by Product Type
-
North America Terpene Resins Market, by Product Type
- Europe
-
Europe Terpene Resins Market, by Product Type
- Solid
- Liquid
-
Europe Terpene Resins Market, by Grade
- Technical
- Industrial
-
Europe Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- U. K.
- U.K. Terpene Resins Market, by Product Type
- Solid
- Liquid
- U.K. Terpene Resins Market, by Grade
- Technical
- Industrial
- U.K. Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- U.K. Terpene Resins Market, by Product Type
- France
- France Terpene Resins Market, by Product Type
- Solid
- Liquid
- France Terpene Resins Market, by Grade
- Technical
- Industrial
- France Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- France Terpene Resins Market, by Product Type
-
Germany
- Germany Terpene Resins Market, by Product Type
- Solid
- Liquid
- Germany Terpene Resins Market, by Grade
- Technical
- Industrial
- Germany Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Germany Terpene Resins Market, by Product Type
-
Italy
- Italy Terpene Resins Market, by Product Type
- Solid
- Liquid
- Italy Terpene Resins Market, by Grade
- Technical
- Industrial
- Italy Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Italy Terpene Resins Market, by Product Type
-
Spain
- Spain Terpene Resins Market, by Product Type
- Solid
- Liquid
- Spain Terpene Resins Market, by Grade
- Technical
- Industrial
- Spain Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Spain Terpene Resins Market, by Product Type
-
Rest of Europe
- Rest of Europe Terpene Resins Market, by Product Type
- Solid
- Liquid
- Rest of Europe Terpene Resins Market, by Grade
- Technical
- Industrial
- Rest of Europe Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Rest of Europe Terpene Resins Market, by Product Type
-
Europe Terpene Resins Market, by Product Type
- Asia Pacific
-
Asia Pacific Terpene Resins Market, by Product Type
- Solid
- Liquid
-
Asia Pacific Terpene Resins Market, by Grade
- Technical
- Industrial
-
Asia Pacific Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- China
- China Terpene Resins Market, by Product Type
- Solid
- Liquid
- China Terpene Resins Market, by Grade
- Technical
- Industrial
- China Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- China Terpene Resins Market, by Product Type
- Japan
- Japan Terpene Resins Market, by Product Type
- Solid
- Liquid
- Japan Terpene Resins Market, by Grade
- Technical
- Industrial
- Japan Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Japan Terpene Resins Market, by Product Type
-
Germany
- Germany Terpene Resins Market, by Product Type
- Solid
- Liquid
- Germany Terpene Resins Market, by Grade
- Technical
- Industrial
- Germany Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Germany Terpene Resins Market, by Product Type
-
India
- India Terpene Resins Market, by Product Type
- Solid
- Liquid
- India Terpene Resins Market, by Grade
- Technical
- Industrial
- India Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- India Terpene Resins Market, by Product Type
-
South Korea
- South Korea Terpene Resins Market, by Product Type
- Solid
- Liquid
- South Korea Terpene Resins Market, by Grade
- Technical
- Industrial
- South Korea Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- South Korea Terpene Resins Market, by Product Type
-
South East Asia
- South East Asia Terpene Resins Market, by Product Type
- Solid
- Liquid
- South East Asia Terpene Resins Market, by Grade
- Technical
- Industrial
- South East Asia Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- South East Asia Terpene Resins Market, by Product Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Terpene Resins Market, by Product Type
- Solid
- Liquid
- Rest of Asia Pacific Terpene Resins Market, by Grade
- Technical
- Industrial
- Rest of Asia Pacific Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Rest of Asia Pacific Terpene Resins Market, by Product Type
-
Asia Pacific Terpene Resins Market, by Product Type
- Latin America
-
Latin America Terpene Resins Market, by Product Type
- Solid
- Liquid
-
Latin America Terpene Resins Market, by Grade
- Technical
- Industrial
-
Latin America Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Brazil
- Brazil Terpene Resins Market, by Product Type
- Solid
- Liquid
- Brazil Terpene Resins Market, by Grade
- Technical
- Industrial
- Brazil Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Brazil Terpene Resins Market, by Product Type
- Argentina
- Argentina Terpene Resins Market, by Product Type
- Solid
- Liquid
- Argentina Terpene Resins Market, by Grade
- Technical
- Industrial
- Argentina Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Argentina Terpene Resins Market, by Product Type
-
Rest of Latin America
- Rest of Latin America Terpene Resins Market, by Product Type
- Solid
- Liquid
- Rest of Latin America Terpene Resins Market, by Grade
- Technical
- Industrial
- Rest of Latin America Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Rest of Latin America Terpene Resins Market, by Product Type
-
Latin America Terpene Resins Market, by Product Type
- Middle East & Africa
-
Middle East & Africa Terpene Resins Market, by Product Type
- Solid
- Liquid
-
Middle East & Africa Terpene Resins Market, by Grade
- Technical
- Industrial
-
Middle East & Africa Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- GCC Countries
- GCC Countries Terpene Resins Market, by Product Type
- Solid
- Liquid
- GCC Countries Terpene Resins Market, by Grade
- Technical
- Industrial
- GCC Countries Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- GCC Countries Terpene Resins Market, by Product Type
- South Africa
- South Africa Terpene Resins Market, by Product Type
- Solid
- Liquid
- South Africa Terpene Resins Market, by Grade
- Technical
- Industrial
- South Africa Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- South Africa Terpene Resins Market, by Product Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Terpene Resins Market, by Product Type
- Solid
- Liquid
- Rest of Middle East & Africa Terpene Resins Market, by Grade
- Technical
- Industrial
- Rest of Middle East & Africa Terpene Resins Market, by Application
- Inks & Coatings
- Adhesives & Sealants
- Chewing Gums
- Plastic & Rubber
- Leather Processing
- Other Applications
- Rest of Middle East & Africa Terpene Resins Market, by Product Type
-
Middle East & Africa Terpene Resins Market, by Product Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Terpene Resins in terms of revenue?
-
The global Terpene Resins valued at USD 1.1 Billion in 2022 and is expected to reach USD 1.84 Billion in 2030 growing at a CAGR of 7.7%.
Which are the prominent players in the market?
-
The prominent players in the market are Eastman Chemical Company (U.S.), Kratom Corporation (U.S.), Mangalam Organics Ltd. (India), Yasuhara Chemical Co. Ltd (Japan), Ingevity (U.S.), Bolin Chemical Industry Co. Ltd (China), Lesko Chemical Company (China), Arakawa Chemicals (Japan), Xinyi Son yuan Chemical Co. Ltd. (Japan), BOC Sciences (U.S.), Skyrun Industrial (China), Grenhall Industries Inc. (Canada).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.7% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Terpene Resins include
- Increasing demand for terpene from adhesives & Sealants application
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Terpene Resins in 2022.