Pharmaceutical solvents Market to Reach US$ 4.1 Bn in Revenues by 202 dec `17 | Page 2
On the basis of product type, global terpene resins market can be segmented as follows:
Liquid type
Solid type
Terpene Resins Market: Regional outlook
In terms of geography, global terpene resins market has been segmented into seven key regions.
Asia Pacific region is expected to account for significant share in overall global terpene resins
consumption throughput the forecast period. China is expected to continue its dominance in terms
of both, consumption and production of terpene resins. Consumption of terpene resins in North
America and Europe is expected register a steady growth owing to increasing demand for greener,
sustainable alternatives to conventional hydrocarbon resins. Global terpene resins market is
anticipated to register a moderate single-digit growth over the forecast period. However, concerns
pertaining to supply-security, relatively higher prices and lack of stringent regulations are expected
to restrict the adoption of such compounds to a certain extent, especially in developing countries
across the globe.
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Terpene Resins Market: Participants
Some of participants identified across the value chain in global terpene resins market are as follows:
Eastman Chemical Company
Kraton Corporation
Mangalam Organics Limited
YASUHARA CHEMICAL CO., LTD.
Foshan Baolin Chemical Industry Co., Ltd
BOC Sciences
Skyrun Industrial
Grenhall Industries Inc.
Lesco Chemical Limited
Xinyi Sonyuan Chemical Co., Ltd.
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