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According to our LPI (LP Information) latest study, the global Indene market size was valued at US$ 257.3 million in 2023. With growing demand in downstream market, the Indene is forecast to a readjusted size of US$ 321.1 million by 2030 with a CAGR of 3.2% during review period.
The research report highlights the growth potential of the global Indene market. Indene are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Indene. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Indene market.
Indene (CAS 95-13-6) is a flammable polycyclic hydrocarbon with chemical formula C9H8. It is composed of a benzene ring fused with a cyclopentene ring. This aromatic liquid is colorless although samples often are pale yellow. The principal industrial use of indene is in the production of indene/coumarone thermoplastic resins.
Indene can come from deep processing of coal tar or from C9 fraction. According to QYR research, most of the Indene comes from the C9 fraction, but most of the Indene is further processed into resins because selling Indene directly is very cumbersome and has a small profit. Therefore, Indene rarely appears on the market, but this market does exist.
Global Indene (CAS 95-13-6) key players include Eastman, Shandong Kete Chemical, Guangdong Xinhuayue Petrochemical, Neville Chemical, etc. Global top four manufacturers hold a share over 20%.
Japan is the largest market, with a share over 15%, followed by Europe, and USA, both have a share about 30 percent.
In terms of product, 65%-75% Indene is the largest segment, with a share over 95%. And in terms of application, the largest application is Coumarone Indene Resin, followed by Styrene Indene Resin.
Key Features:
The report on Indene market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Indene market. It may include historical data, market Segmentation by Type (e.g., 65%-75%, ?95%), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Indene market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Indene market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Indene industry. This include advancements in Indene technology, Indene new entrants, Indene new investment, and other innovations that are shaping the future of Indene.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Indene market. It includes factors influencing customer ' purchasing decisions, preferences for Indene product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Indene market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Indene market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Indene market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Indene industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Indene market.
Market Segmentation:
Indene market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- 65%-75%
- ?95%
- Others
Segmentation by application
- Coumarone Indene Resin
- Styrene Indene Resin
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Eastman
- Shandong Kete Chemical
- Guangdong Xinhuayue Petrochemical
- Neville Chemical
- RÜTGERS Group
- Daqing Huake
- Shandong Qilong Chemical
- Cray Valley
- Kolon
- Zibo Luhua Hongjin New Material
- JFE Chemical Corporation
- Shandong Aoertong Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Indene market?
What factors are driving Indene market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Indene market opportunities vary by end market size?
How does Indene break out type, application?