Hydrocarbon Resins Market Report Overview

Maximize Market Research published reports that help clients understand the Hydrocarbon Resins market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Hydrocarbon Resins market, trade statistics, leading players, and various market metrics.

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.

Hydrocarbon Resins Market Report Scope and Research Methodology

The report provides business statistics and analytical insights to help you understand the Hydrocarbon Resins market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Hydrocarbon Resins market size. Both primary and secondary research methodologies were used to clearly present the Hydrocarbon Resins market structure.

In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Hydrocarbon Resins key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Hydrocarbon Resins industry experts were interviewed.

The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Hydrocarbon Resins competitors' product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Hydrocarbon Resins market.

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Hydrocarbon Resins Market Regional Analysis

The report has been segmented into many key countries. This section provides a detailed analysis of the Hydrocarbon Resins market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:

1. North America- U.S., Canada, Mexico
2. Europe- UK, Germany, France, Spain, Rest of Europe
3. Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
4. South America- Brazil
5. Middle East and 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 and purification technique.

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 Report are:

• What is Hydrocarbon Resins?
• What will be the CAGR of the Hydrocarbon Resins market during the forecast period?
• Which segment of the Hydrocarbon Resins market held the largest share of the global market in 2022?
• What trends are expected to generate additional revenue for the Hydrocarbon Resins market?
• What are the opportunities for the Hydrocarbon Resins Market?
• What factors are driving the Hydrocarbon Resins market growth?
• Which company held the largest share in the Hydrocarbon Resins market?

Key Offerings:

• A detailed Market Overview
• Market Share, Size, and Forecast by Revenue|2023-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation- A detailed analysis of each segment and their segments
• Competitive Landscape - Leading key players and other prominent key players.

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