Hydrocarbon Resins Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Hydrocarbon Resins Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Hydrocarbon Resins market, with forecasts outspreading to the year 2030.
Forecasted Growth Potential of Hydrocarbon Resins Market:
The 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 Methodology:
The study employed a combination of primary and secondary research techniques to gather market data. Primary research methods, including questionnaires, interviews, and market observations, provided the researchers with direct and valuable insights into the market. These first-hand data sources are typically advantageous for gaining a deeper understanding of the market dynamics. On the other hand, secondary research methods, such as reviewing industry reports, business websites, and news articles, helped the researchers compile background information and additional market data.
The study offers a comprehensive analysis of the Hydrocarbon Resins Market by focusing on various aspects such as market revenue, financial health, product portfolio, technological advancements, and mergers and acquisitions. This holistic approach provides a detailed view of the market, enabling stakeholders, investors, and market participants to develop informed investment and marketing strategies.
Hydrocarbon Resins Market Regional Insights:
The Americas, Europe, Africa, South Africa, and the Middle East.
Understanding the complex dynamics of the international Hydrocarbon Resins firm within the framework of regional research is crucial. The foundation for international trade in goods is laid out in this book. This study goes into great information about the Hydrocarbon Resins market's size and growth rate. Talks about contemporary business methods are taking place in many different countries and places. Europe, the Americas, the Middle East, Asia-Pacific, and South Africa.
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.
Manufacturers are expanding their capacity for hydrogenated hydrocarbon resins in addition to growing the production of C5 and C9 petroleum resins. The NOVARES brand of Rain Carbon Inc. is gaining recognition for its pure line of hydrogenated hydrocarbon resins, produced using an extremely effective hydrogenation.
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:
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