Hydrocarbon Resins Market is expected to reach US$ 2.89 Bn in 2029, with a CAGR of 6.8% for the period 2023-2029, because of rising concentration of manufacturers’ towards production of economic range of products.
Hydrocarbon Resins Market Overview
As per Maximize Market Research, a global business research and consultancy firm, the total global market for Hydrocarbon Resins Market was USD in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2029.
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Hydrocarbon Resins Market Scope and Methodology
The bottom-up approach was used in the report to estimate the Hydrocarbon Resins Market. The primary and secondary data sources were used to collect data. The primary source involved interviews with significant market leaders and industry experts including business owners and marketing specialists while secondary sources are a combination of the reviews of the financial and annual reports of top manufacturers. For better information on market penetration, competitive landscape demand analysis, and regional analysis are taken at the local, regional, and global levels. The report presented the PORTER and PESTLE Analysis with the potential impact of micro-economic factors of the Hydrocarbon Resins market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Hydrocarbon Resins market.
Hydrocarbon Resins Market Regional Insights
Categorized broadly, the Hydrocarbon Resins market is segmented across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively analyzes factors, market size, growth rate, and regional import-export activities. The regional analysis extends to both local and country levels for a comprehensive examination.
Hydrocarbon Resins Market Segmentation
Automobiles can operate more effectively and perform better when hydrocarbon resins are utilized to make rubber and other adhesives. Strong new growth categories are projected to be fueled by the competition to create more fuel-efficient electric vehicles as well as the significance of adhesives, paints, and coatings in the production of automobiles.
The report’s goal is to give industry participants a thorough study of the global market for hydrocarbon resins. The research analyzes complex data in plain terms and presents the historical and current state of the industry together with projected market size and trends. The research of important players, including market leaders, followers, and newcomers, is devoted to all elements of the market and includes all relevant information.
1. Hydrocarbon Resins Market, by Type (2022-2029)
• C5 Petroleum Resins
• C9 Petroleum Resins
• C5/C9 Petroleum Resins
• Hydrogenated Hydrocarbon Resins
2. Hydrocarbon Resins Market, by Application (2022-2029)
• Adhesives & Sealants
• Printing Inks
• Rubber Compounding
• Paints & Coatings
• Tapes & Labels
• Others (including Lubricants)
3. Hydrocarbon Resins Market, by Industry (2022-2029)
• 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 is Hydrocarbon Resins?
- What was the Hydrocarbon Resins market size in 2022?
- What are the different segments of the Hydrocarbon Resins Market?
- What growth strategies are the players considering to increase their presence in Hydrocarbon Resins?
- What are the upcoming industry applications and trends for the Hydrocarbon Resins Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Hydrocarbon Resins Market?
- Who are the key players in the Hydrocarbon Resins market?
- What segments are covered in the Hydrocarbon Resins Market?
- Who are the leading companies and what are their portfolios in Hydrocarbon Resins Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- 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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