Hydrocarbon Resins Market Report Overview:
The primary goal of MMR’s “Hydrocarbon Resins market” report is to assist clients in making informed business decisions. This involves identifying areas that require improvement, recognizing well-performing segments, and guiding new entrants in navigating and establishing their presence within the competitive landscape. The report also sheds light on the existing challenges within the Hydrocarbon Resins market.
Anticipated Growth in Revenue:
Hydrocarbon Resins Market is expected to reach US$ 3.08 Bn in 2030, with a CAGR of 6.8% for the period 2024-2030, because of rising concentration of manufacturers’ towards production of economic range of products.
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Hydrocarbon Resins Market Scope and Research Methodology
The report offers a comprehensive analysis of global Hydrocarbon Resins market trends, forecasts, and financial aspects. It presents an in-depth examination of segments and sub-segments within both global and regional Hydrocarbon Resins markets. Utilizing a bottom-up approach, the report delves into estimations of market size. The Hydrocarbon Resins Market report encompasses essential information about key market participants and emerging players, including their services, revenue, financial standing, portfolios, growth strategies, and regional presence. Future market size and growth rate predictions, alongside current and prospective trends in the Hydrocarbon Resins market, are also provided.
The report delves into demand projections, market trends, and micro and macro factors in detail. It identifies drivers and constraints impacting the growth of the Hydrocarbon Resins market. Employing both qualitative and quantitative methods, the research employs tools such as SWOT, PESTLE, and Porter’s Five Forces for the analysis of the Hydrocarbon Resins market. The analysis identifies key upcoming developments projected to shape demand within the Hydrocarbon Resins market over the forecast period.
Hydrocarbon Resins Market Regional Revelations:
Geographically, Hydrocarbon Resins market report is segmented into several key regions are as follows,
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
Hydrocarbon Resins Market Segmentation:
by Type
C5 Petroleum Resins
C9 Petroleum Resins
C5/C9 Petroleum Resins
Hydrogenated Hydrocarbon Resins
The process of polymerizing by-product streams, such as aliphatic (C5), aromatic (C9), and DCPD (dicyclopentadiene), which are mostly obtained from the cracking of petroleum hydrocarbons for the synthesis of ethylene, results in hydrocarbon resins, which are glass-like oligomers. Hydrogenation of these hydrocarbon resins can enhance compatibility while also improving color, fragrance, and stability. Brittle or sticky materials known as hydrocarbon resins are created by polymerizing several unsaturated petroleum, rosin, or coal tar constituents. C5 and C9 are therefore anticipated to lead the market going forward.
by Application
Adhesives & Sealants
Printing Inks
Rubber Compounding
Paints & Coatings
Tapes & Labels
Others (including Lubricants)
by Industry
Building & Construction
Personal Hygiene
Tires
Automotive
Others (including Oil & Gas
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Hydrocarbon Resins Market Key Players:
1. Eastman Chemical Company
2. Exxon Mobil Corporation
3. Total SA (Cray Valley)
4. KOLON Industries Inc.
5. Lesco Chemical Limited
6. ZON CORPORATION
7. Arakawa Chemical Industries Ltd.
8. Shadong Landun Petroleum Resin Co., Ltd.
9. Puyang Tiacheng Chemcal Co., Ltd.
10. Shanghai Jinsen Hydrocarbon Resins Co, Ltd.
11. Neville Chemical Company
12. HIGREE
13. Cray Valley
14. RÜTGERS Group
15. Qingdao Bater Chemical
16. Qingdao Eastsun New Materials Corporation
17. MITSUI CHEMICALS AMERICA
18. Others
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Key questions answered in the Hydrocarbon Resins Market are:
- What was the Hydrocarbon Resins market size in 2024?
- What is the growth rate of the Hydrocarbon Resins Market?
- Which are the factors expected to drive the Hydrocarbon Resins market growth?
- What are the different segments of the Hydrocarbon Resins Market?
- What are the factors restraining the growth of the Hydrocarbon Resins Market?
- What segments are covered in the Hydrocarbon Resins Market?
- Who are the key players in the Global Hydrocarbon Resins market?
- What are the upcoming industry applications and trends for the Hydrocarbon Resins Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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