Press release
Hydrocarbon Resins Market to hit USD 2.89 Bn by 2029, Investment Opportunities, Market Size and Market Share
Hydrocarbon Resins Market
Pune 27, Feb 2023: The total global market for the "Hydrocarbon Resins Market" was valued at USD 1.70 Bn in 2021 and is expected to significantly grow at a CAGR of 6.8 percent over the forecast period to reach USD 2.89 Bn by 2029. Maximize Market Research, a top international business & consultancy firm in India, has recently published a report on the Hydrocarbon Resins Market.
Hydrocarbon Resins Market Report Scope and Research Methodology
The report provides the market dynamics including supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers. The report covers an analysis of major players and their market segments, current business strategy, geographical expansion, cost & manufacturing, and pricing structures. For the industrial analysis PESTLE, a SWOT analysis tool was used for the global Hydrocarbon Resins Market. The Hydrocarbon Resins Market attractiveness index is provided on the basis of Porter's five-force analysis. The reports provide an estimated value of the size and growth potential of the Hydrocarbon Resins Market based on the kind of product, the end-use industry, the application and the region. Also report included a comprehensive competitive analysis of the leading players in the Hydrocarbon Resins Market, including their company profiles, recent developments, and insights about their products, business offerings and important market tactics.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/hydrocarbon-resins-market/130807/
Construction and building sector growth to drive Hydrocarbon Resins Market growth
Hydrocarbon resins are used in the construction and building industry. The growing construction and building industry is expected to drive the market demand during the forecast period. The modified C5 aliphatic and C9 aromatic resins have been used for various industrial purpose which includes the hydrogenation of all hydrocarbon resin to improve colour, odor, and stability. Similarly, the increasing demand of Hydrocarbon Resin from the adhesive industry is expected to drive the Hydrocarbon Resins Market growth.
Asia Pacific dominated the global Hydrocarbon Resins Market in 2021
Asia Pacific held the largest market share in 2021 and is expected to significantly grow during the forecast period. Increasing applications of hydrocarbon resins in various vehicles, used in the manufacturing of rubber and other adhesive, paints and coating in vehicle manufacturing. The market is driven by high investment in infrastructure and important applications of hydrocarbon resin in road asphalt are expected to drive the market growth. The global demand for electric vehicles is a major factor that influences the market growth during the forecast period.
However, the market players are highly focused on developing innovative and high-quality products and fulfilling the end-user requirements due to the market is expected to drive market growth.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/130807
In 2021, the C5 petroleum segment held the largest market share of the Hydrocarbon Resins Market
Based on type, the C5 petroleum segment held the largest market share in 2021 and significantly dominate during the forecast period. C5 resin is fully compatible with natural rubber and several synthetic elastomers of low polarity. Used in applications such as asphalt modification, roofing roads and modified wax compounds.
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)
Hydrocarbon Resins Market Key Players include:
Eastman Chemical Company
Exxon Mobil Corporation
Total SA (Cray Valley)
KOLON Industries Inc.
Lesco Chemical Limited
ZON CORPORATION
Arakawa Chemical Industries Ltd.
Shadong Landun Petroleum Resin Co., Ltd.
Puyang Tiacheng Chemcal Co., Ltd.
Shanghai Jinsen Hydrocarbon Resins Co, Ltd.
Neville Chemical Company
HIGREE
Cray Valley
RÜTGERS Group
Qingdao Bater Chemical
Qingdao Eastsun New Materials Corporation
MITSUI CHEMICALS AMERICA
Others
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Table of content for the Global Hydrocarbon Resins Market includes:
Global Hydrocarbon Resins Market: Research Methodology
Global Hydrocarbon Resins Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Hydrocarbon Resins Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Hydrocarbon Resins Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Industry (2021-2029)
Regional Global Hydrocarbon Resins Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Industry (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Purchase Report : https://www.maximizemarketresearch.com/checkout/?method=PayPal&reportId=130807&type=Single%20User
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 | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Application, Industry 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
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Ink Resins Market - Industry Analysis and Forecast (2022 - 2029) - By Type, Printing Process, Printing Ink, Application and Region- know more
https://www.maximizemarketresearch.com/market-report/ink-resins-market/41407/
Petroleum Resins Market - Global Industry analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-petroleum-resins-market/20961/
Global Fischer-Tropsch Wax Market: Industry Analysis and Forecast (2020-2026) by Type, Application, and Region- know more
https://www.maximizemarketresearch.com/market-report/global-fischer-tropsch-wax-market/102838/
Flux Remover Market: Global Industry Analysis and Forecast (2021-2027) - know more
https://www.maximizemarketresearch.com/market-report/global-flux-remover-market/96060/
Isoparaffin Solvents Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-isoparaffin-solvents-market/81277/
Aliphatic Hydrocarbon Solvents & Thinners Market - Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-aliphatic-hydrocarbon-solvents-thinners-market/33062/
Dicyclopentadiene Market-Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-dicyclopentadiene-market/55212/
Furan Resins Market - Global Industry Analysis by Type, Application, Region and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-furan-resins-market/116002/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
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 Industries, 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 Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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