Hydrocarbon Resins Market Top Key Players, Industry Analysis And Forecast By 2027

The new study on the Global Hydrocarbon Resins Market 2021-2027 analyzes the crucial capabilities, key infrastructures, major organizations, evaluates measures to attain potential success in the Hydrocarbon Resins industry. Because of the in-depth overview of the world Hydrocarbon Resins market, the recent document allows investors, traders, and manufacturers to plan some innovative techniques, and meanwhile, align them with operational and commercial enterprise models. Additionally, the Hydrocarbon Resins market report provides crucial facets at the technological modifications that gained the market, competitive environment, behavioral updates, and so on.

The global Hydrocarbon Resins market exhibited moderate growth during 2021-2027. Looking forward, the market to grow at a CAGR of around 7.2%.

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In regards to explaining powerful insights of the global Hydrocarbon Resins market, the research report permits the investors and stakeholders to grab different techniques to extend distinct commercial patterns and practices. Besides this, the market report offers important statistics about the worldwide Hydrocarbon Resins market such as opportunities, threats, main drivers, and key restraints of the Hydrocarbon Resins market in the period of the years 2021-2027.

The leading market players listed are:

Eastman Chemical Company, KOLON Industries, Neville Chemical, Cray Valley, Qingdao Bater Chemical, R�TGERS Group, LESCOCHEM, HIGREE, Qingdao Eastsun New Materials Corporation, Exxon Mobil, Arakawa Chemical Industries, MITSUI CHEMICALS AMERICA, ZEON

Types of Products:

C5, Aliphatic Resins
C9, Aromatic Resins
C5/C9, Aliphatic/Aromatic Resins

Application spectrum:

Adhesive
Rubber Mixing Aids
Paint and Ink Additives
Asphalt Additives
Others

Competitive Landscape

The global C9 resin market is partially fragmented in nature with the presence of various players in the market. Some of the major companies in c9 resins market include Cray Valley, Eastman Chemical Company, Henan Anglxxon Chemical Co., Ltd., Kolon Industries, Inc., and Neville Chemical Company, among others.

Regions and Countries Level Analysis:

In Asia-Pacific, China is the leading producer of paints & coatings across the globe. It currently produces more than half of the Asia-Pacific coatings, and is home to more than 10,000 paint companies, among which local producers occupies more than half of the domestic paint market share.
Moreover, India has over 550 manufacturers currently engaging in the printing inks business. Huber Group, DIC India, Siegwerk, Sakata, and Flint and Toyo are among the leading players in the printing inks market, comprising around 75% of the total market share.
The production of natural rubber in India has rapidly increased in the last two years. The natural rubber production registered a growth rate of almost 20%, with the production of 690 thousand tons. These factors will largely contribute to the demand for C9 resins in the region.

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Market Analysis:

C9 Resins are used in adhesives as these resins have very good adhesiveness; they can increase the adhesiveness of adhesives, resistance to acid, alkaline and water.
These are widely used as tackifiers in the adhesives to increase the adhesion. These resins also reduce the production cost.
These are majorly used in hot-melt adhesives and pressure-sensitive tapes and labels. The increase of hot melt adhesives in automotive, healthcare and paper, board & packaging is increasing rapidly in the Asia-Pacific, Europe, and North America region.

Research Objectives:

To study and analyze the global Hydrocarbon Resins consumption (value) by key regions/countries, product type and application, history data from 2021 to 2027, and forecast to 2027.
To understand the structure of the Hydrocarbon Resins market by identifying its various subsegments.
Focuses on the key global Hydrocarbon Resins manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis, and development plans in the next few years.
To analyze the Hydrocarbon Resins with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
To project the consumption of Hydrocarbon Resins submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Scenario for Covid-19:

Several countries' companies and manufacturing facilities were harmed during the pandemic's early closure. Deferred facilities and disrupted supply chains were the biggest impediments to market expansion at the time.

Nonetheless, most of the regions have improved or are recovering as a result of the mandatory preventative measures in place to limit the disease's spread. Vaccination efforts are also growing increasingly popular in the region, which is assisting the sector's growth.

Customization:

The Global Hydrocarbon Resins market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our syndicated reports at no additional cost to all of our clients.

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This release was published on openPR.