According to a latest survey, the demand for petroleum resin will be about 2.64 million tons by 2017. It is really a good news for all petroleum resin suppliers since the growing deman will provide them with a huge market. As a type of polymer materials, it plays an important role in many industries.

Thanks to its amazing adhesion, wonderful mechanical properties, excellent heat and chemical resistance, petroleum resin has become an essential material in producing adhesives, paints, printing inks, compounding agents and coatings. And of course, its role is different in different producing process. For example, it is used to enhance adherence in adhesive industries while it is used as plasticizer in rubber industry.

Now, due to the depression of downstream industries, such as what was mentioned above, the demand for petroleum resin has shrunk greatly. It is difficult to say it is good or bad for the petroleum resin industry. Many companies close down in this economic cycle, but the suppliers retained are all the exemplary enterprises.

Shanghai Qilong Chemical Co., Ltd. is one of the retained petroleum resin suppliers. We are trying to improve our production process and develop our technology in this stagnant economic cycle, and we believe we will be ready to expand the market in the near future. Welcome to visit our website to find more information about our company: http://www.shqilongchem.com