Hydrocarbon Resins Market Overview: Trends and Growth Forecast


Posted February 5, 2025 by gaurimmr

North America region held the highest share in 2023.

 
Hydrocarbon Resins Market Overviews

Maximize Market Research is an Hydrocarbon Resins research firm that has published a detailed analysis of the “Hydrocarbon Resins Market”. MMR's in-depth market assessments in research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Hydrocarbon Resins market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.

Because manufacturers are increasingly focusing on producing a wide range of affordable products, the hydrocarbon resins market is predicted to reach US$ 3.08 billion in 2030, with a compound annual growth rate (CAGR) of 6.8% during the 2024–2030 period.

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Hydrocarbon Resins Market Scope and Methodology:

The Hydrocarbon Resins Market Report provides an in-depth analysis of the global Hydrocarbon Resins market, highlighting key trends, drivers, challenges, and opportunities that influence the industry's landscape. The report delves into various market segments, including product types, applications, and geographical regions. Through meticulous primary and secondary research methods, data is collected from industry experts, market participants, and reputable sources such as company websites, annual reports, press releases, and databases. The research methodology integrates both qualitative and quantitative approaches to ensure precise and reliable analysis, utilizing statistical tools and models to generate meaningful insights and forecasts.

Hydrocarbon Resins Market Regional Insights

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Hydrocarbon Resins market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Hydrocarbon Resins market status of the various countries featured in the research is provided by the Regional Analysis.

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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

Glass-like oligomers known as hydrocarbon resins are produced by polymerizing by-product streams such as aliphatic (C5), aromatic (C9), and DCPD (dicyclopentadiene), which are primarily obtained from the breakdown of petroleum hydrocarbons for the synthesis of ethylene. Hydrogenating these hydrocarbon resins can enhance their stability, color, and scent while also changing compatibility. Hydrocarbon resins are sticky or brittle materials created by polymerizing a number of unsaturated petroleum, rosin, or coal tar components. C5 and C9 are therefore anticipated to dominate the market in the near future.

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

Key questions answered in the Hydrocarbon Resins Market are:

What is Hydrocarbon Resins?
What was the Hydrocarbon Resins market size in 2023?
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 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 leading companies and what are their portfolios in Hydrocarbon Resins Market?
What segments are covered in the Hydrocarbon Resins Market?
Who are the key players in the Hydrocarbon Resins market?
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Key Offerings:

Past Market Size and Competitive Landscape (2024 to 2030)
Past Pricing and price curve by region (2024 to 2030)
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
For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/hydrocarbon-resins-market/130807/


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Country India
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Tags hydrocarbon resins system market , hydrocarbon resins system market industry , hydrocarbon resins system market size , hydrocarbon resins system market analysis , hydrocarbon resins system market share , hydrocarbon resins system market growth , hydrocarbon resins system market demand , hydrocarbon resins system market forecast
Last Updated February 5, 2025