The 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:
The main goal of this study is to provide users with an understanding of the Hydrocarbon Resins Market in terms of definition, market potential, segmentation, pertinent trends, and challenges that the industry faces in important regions and nations. After being collected from reputable sources such websites, corporate annual reports, journals, and other publications, the market figures and data were examined and assessed by professionals in the field.
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Hydrocarbon Resins Market Scope:
After being collected from reputable sources such websites, corporate annual reports, journals, and other publications, the market figures and data were examined and assessed by professionals in the field.
Hydrocarbon Resins Market Segmentation:
by Type
C5 Petroleum Resins
C9 Petroleum Resins
C5/C9 Petroleum Resins
Hydrogenated Hydrocarbon Resins
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:
The major industry participants are included in the report, including market participants, suppliers of equipment and raw materials, end users, traders, distributors, and so forth. Leading companies in the Hydrocarbon Resins Market are
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
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Regional Analysis:
The study centres on the global markets for Hydrocarbon Resins Market , with development projections spanning from 2022 to 2029. It covers industries, global suppliers, major players, and market share by region. Additionally, it includes company and product introductions, market status and development trends by types and applications, price and profit status, and marketing status. 2020 serves as the base year for all of the analysis.
Competitive Landscape:
More than fifteen significant market participants from different regions are included in the Hydrocarbon Resins Market investigation. In analysing the market and determining its size, the research, on the other hand, considers all industry leaders, followers, and new entrants with investors. Because the industrial environment varies by region, the Hydrocarbon Resins Market study concentrates on the regional impact on supply chains, labour prices, raw material availability, advanced technology availability, and reliable suppliers. The report offers recommendations as well for a potential hotspot in the Asia-Pacific region. This study looks at how demand is affected by the manufacturing policy of major nations.
COVID-19 Impact Analysis on Hydrocarbon Resins Market Market:
The influence of COVID-19 is discussed in the report: The COVID-19 virus has spread to nearly every country on the earth since its outbreak in December 2019, forcing the WHO to designate it a global health catastrophe. The coronavirus epidemic's global repercussions are already being felt, and they will have a significant impact on the Hydrocarbon Resins Market sector in 2021.
Global Hydrocarbon Resins Market Market research report offers:
• The global Hydrocarbon Resins Market is defined, as well as a look at numerous influencing factors like drivers, restraints, and opportunities.
• The market competition landscape is defined, characterised, and analysed using Porter's Five Force Analysis and SWOT analysis, with a focus on global primary manufacturers.
• A variety of varieties for the product's application have been investigated. The individual share of these segments was determined by statistical analysis.
• In-depth examination of the worldwide Hydrocarbon Resins Market competitive landscape
• Identifying and analysing micro and macro factors that affect and will affect market growth.
• A comprehensive list of the global Hydrocarbon Resins Market industry's major participants.
• It presents a descriptive study of demand-supply chaining in the worldwide Hydrocarbon Resins Market .
• Market size estimation, as well as historical and anticipated trend analysis
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The global Hydrocarbon Resins Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the hydrocarbon resins market include Eastman Chemical Company, ExxonMobil Corporation, Shandong Landun Petroleum Resin Co., Ltd., Puyang Tiacheng Chemical Co., Ltd. and Shanghai Jinsen Hydrocarbon Resins Co., Limited.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Hydrocarbon Resins Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/hydrocarbon-resins-market/download-sampleMarket DynamicsAn increase in urbanization and industrial activities, favorable demographics, and rises in household incomes in numerous developing and developed countries are predicted to fuel demand for hydrocarbon resins.
Hydrocarbon resins are added to paints as they increase the final finishes of paints, the adhesiveness of paint films, and the hardness and resistance to acid and alkaline elements.
Thus, growth in hydrocarbon resins in paints and coatings is expected to boost the global hydrocarbon resins market during the forecast period.
