Press release
Hydrocarbon Resins Market to Reach US$ 3.7 Bn by 2030|Eastman Chemical Company, Exxon Mobil Corporation
Hydrocarbon Resins Market 2022-2030
In recent years, high growth has been witnessed of adhesives & sealants and paints & coatings industries. Increased use of hydrocarbon resins in the manufacturing of these products has surged market growth. With growth in these industries and production innovation, the global hydrocarbon resins market is anticipated to progress at a healthy growth rate over the next decade.
Request for Free Sample Report of "Hydrocarbon Resins Market" Market @ https://www.persistencemarketresearch.com/samples/31738
The global hydrocarbon resins market is estimated to expand at a CAGR of around 7% by value during the forecast period of 2022-2030.
Key Players:
The report has profiled some of the important players prevalent in the global like - Eastman Chemical Company, Exxon Mobil Corporation, Total SA (Cray Valley), KOLON Industries Inc., Lesco Chemical Limited ZEON CORPORATION, and Arakawa Chemical Industries Ltd, and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Hydrocarbon Resins Market.
Key Takeaways from Hydrocarbon Resins Market Study
The global adhesives and sealants market has witnessed tremendous growth in recent years. Demand for hydrocarbon resins squarely grows with the growth of this industry.
The paper industry is also showing significant growth in the global market, which will result in increased demand for hydrocarbon resins in the coming years. In North America, increased supply of hydrogenated hydrocarbon resins is favoring market growth.
Demand for DCPD in China continues to be strong, resulting in higher prices for the same. Expansion of crude C5 extraction and processing capacity in China is adding to the growth of the global hydrocarbon resins market.
The global ink market is growing at a moderate CAGR, manly driven by emerging countries, which directly impacts the hydrocarbon resins market in a positive way.
High adoption of C5 hydrocarbon resins in road marking applications in emerging countries provides high CAGR growth to the paints & coatings segment. Adhesives & sealants account for the maximum market share in the global hydrocarbon resins market.
China is one of the countries with the fastest growth of petroleum resins in the world, with demand ever-increasing. Hydrocarbon resin manufacturers in China have huge export potential, and are actively expanding their overseas markets.
The COVID-19 pandemic has resulted in import-export, trade, and manufacturing restrictions. As such, demand for hydrocarbon resins from end-use industries will be adversely affected in the near term.
"Increased demand and application range of hydrocarbon resins and distinctive properties of each type are anticipated to bolster demand over the coming years. Competition in the global market is anticipated to intensify with increasing number of regional players and growing demand for hydrocarbon resins," says a PMR analyst.
Market Landscape Continues to Remain Moderately Fragmented
The competitive landscape in the global hydrocarbon resins market is competitive, with moderate fragmentation at regional and domestic levels. Tier-1 players account for more than one-third of the total market share. Key players are focused on capturing profitable growth through collaborations with end-use customers and continuing to meet or exceed targets through continued operational excellence.
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/31738
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Hydrocarbon Resins Market Manufacturers
Hydrocarbon Resins Market Distributors/Traders/Wholesalers
Hydrocarbon Resins Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Hydrocarbon Resins Market - Report Highlights
A detailed overview of parent market of Hydrocarbon Resins Market
Changing Hydrocarbon Resins Market dynamics in the industry
In-depth segmentation of the Hydrocarbon Resins Market
Historical, current, and projected Hydrocarbon Resins Market size regarding volume and value
Recent industry trends and developments in Hydrocarbon Resins Market
Competitive landscape of the Hydrocarbon Resins Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Hydrocarbon Resins Market performance
Must-have information for Hydrocarbon Resins Market players to sustain and enhance their market footprint
Key Questions Answered in the Hydrocarbon Resins Market Report
How is the Hydrocarbon Resins Market expected to grow over the projected period?
What direction is the Hydrocarbon Resins Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Hydrocarbon Resins Market in future?
What are the key market drivers in the Hydrocarbon Resins Market?
What are significant opportunities and improvement areas for Hydrocarbon Resins Market manufacturers?
What are the key developments and trends taking over the Hydrocarbon Resins Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Hydrocarbon Resins Market?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
Click Here to Buy this Report@ https://www.persistencemarketresearch.com/checkout/31738
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hydrocarbon Resins Market to Reach US$ 3.7 Bn by 2030|Eastman Chemical Company, Exxon Mobil Corporation here
News-ID: 2556259 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Hydrocarbon
Hydrogenated Hydrocarbon Resin Tackifier Market | Valuates Reports
Hydrogenated Hydrocarbon Resin Tackifier Market | Valuates Reports
Hydrogenated petroleum resin is a product that converts unsaturated hydrocarbons in petroleum resins into saturated hydrocarbons through hydrogenation reaction, and improves the hue, odor and weather resistance of petroleum resins. It is mainly divided into C5 hydrogenated resin and C9 hydrogenated resin.
The global market for Hydrogenated Hydrocarbon Resin Tackifier was estimated to be worth US$ million in 2023 and is forecast to a…
Hydrocarbon Resins Market Highlights On Future Development 2031
𝐇𝐲𝐝𝐫𝐨𝐜𝐚𝐫𝐛𝐨𝐧 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧
Transparency Market Research delivers key insights on the global hydrocarbon resins market. In terms of revenue, the global hydrocarbon resins market is estimated to expand at a CAGR of 6.7% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global hydrocarbon resins market.
𝐑𝐞𝐚𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/hydrocarbon-resins-market.html
The global hydrocarbon resins market is broadly affected by…
Aromatic Hydrocarbon Market 2022 | Detailed Report
The study provides an in-depth analysis of the major market players in the Aromatic Hydrocarbon market. It provides a detailed analysis of each segment and driving factors coupled with growth rate analysis. Furthermore, the report also provides regional analysis that offers insights on the market potential across each region to enable market players to leverage market opportunities. The Aromatic Hydrocarbon research report provides region-wise and country-wise market scope to understand…
Infrared Hydrocarbon Gas Detector Market 2021 | Detailed Report
Infrared Hydrocarbon Gas Detector Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Infrared Hydrocarbon Gas Detector Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5048525
The report provides a comprehensive analysis of company profiles listed below:
- Honeywell
- Bacharach
-…
Aliphatic Hydrocarbon Solvents
Market Overview
The research on the Aliphatic Hydrocarbon Solvents Market Market will be applicable to investors, business owners, industry experts, and various grades of people. The report also produces a vivid picture of the various factors that will drive the market in the upcoming years. The market report furnishes a SWOT analysis of the global market. The overview report also gives a total summary of the market over…
Aliphatic Hydrocarbon Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Aliphatic Hydrocarbon Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Aliphatic Hydrocarbon players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aliphatic Hydrocarbon with respect to individual growth…
