Press release
Hydrocarbon Resin Market Projected to Reach USD 4.7 Billion by 2031
Hydrocarbon Resin
Hydrocarbon resins are synthetic polymers used predominantly as tackifiers. There are various ways of manufacturing hydrocarbon resins with diverse softening points as well as chemical compositions. They can be easily hydrogenated for enhancing their thermal stability and color.
Hydrocarbon resins are versatile products that hold the capability of performing crucial functions in several applications such as production of inks, coatings, rubber, and adhesives. The rubber industry makes use of hydrocarbon resins for optimizing traction and rolling resistance of tires. The other applications constitute modification of paints, paper, bitumen, and plastic.
Request a PDF Sample of this Report Now! https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=35270&utm_source=openpr_Kaustubh&utm_medium=openpr_Kaustubh
C9 resins, in ink industry, are used in several printing processes such as gravure, flexography, and screen printing. They enhance ink adhesion, drying properties, gloss, color intensity, apart from proper printability on diverse substrates, thereby making them an ideal choice amongst the alternatives that are available.
Hydrocarbon resins are used in construction activities on frequent basis as a concrete-curing compound owing to their exceptional properties of adhesion (as mentioned above), which is bolstering their sales.
Hydrocarbon Resin Market Report by TMR highlights the factors that catalyse as well as restrain the hydrocarbon resin market growth. The latest trends and opportunities have also been captured in the report.
Key Takeaways from Hydrogen Resin Market Report
Usage of Hydrocarbon Resins in Paints & Coatings, and Adhesives & Sealants Sector
Hydrocarbon resins are used in formulating paints & coatings in order to improve properties such as durability, gloss, and adhesion. Such resins add water and weather resistance to the road-making paints and industrial coatings. They are deployed in rust preventive paints for devising paints resistant to water and chemicals.
Hydrocarbon resins can be used in pressure-sensitive, hot melt, carpet and floor backing, and construction applications. The advantages of hot melt adhesives include lower production costs, lack of solvents, beneficial regulatory environment, and environmentally-friendliness.
Building & Construction Sector to shape the Trajectory of Hydrocarbon Resin Market Expanse
Southeast Asia, China, India, Brazil, ASEAN, and Mexico are being swept by urbanization at a rapid pace, thereby boosting the building & construction sector in Asia Pacific. Hydrocarbon resins offer various advantages as compared to the other resins. It is easily possible to modify C9 aromatic and C5 aliphatic resins for several industrial uses. It involves altering compatibility and hydrogenating the hydrocarbon resins to improve odor, color, and stability.
The developed economies of North America and Europe are witnessing refurbishment of the residential as well as commercial complexes. The EU has pledged to achieve carbon neutrality through upgradation of buildings by the year 2050.
Hydrocarbon Resin Market Regional Insights
Asia Pacific - The Consolidation Partner
Asia Pacific holds close to 39% of the hydrocarbon resin market share and the scenario is expected to remain unchanged during the forecast period. This is ascribed to the exponential growth of building & construction sector in India and China. As per Euromonitor, Asia Pacific is expected to account for almost 40% of construction sector's output value by the year 2030.
Leading Players in Hydrocarbon Resin Industry
Eastman Chemical Company, ExxonMobil Corporation, Mitsui Chemicals, KOLON Industries Inc., ENEOS Corporation, American Refining Group, Cray Valley, Zeon Corporation, VNK AS, Lesco Chemical Limited, Arakawa Chemical Industries Ltd., Puyang Tiacheng Chemical Co., Ltd., Neville Chemical Company, Qingdao Eastsun New Materials Corp., and ECOPOWER New Material Co. Ltd.
Key Strategies by Prominent Hydrocarbon Resin Manufacturers
The leading players are launching novel products to stand out from their counterparts in the hydrocarbon resin market. For instance, in March 2024, SABIC introduced its new resin and is also one of the finalists for 'Edison Best New Product Awards'.
Similarly, in April 2024, Novoset announced that it had concluded a licensing agreement with Shin-Etsu Chemical Co., Ltd. in order to manufacture and market modified hydrocarbon resins based on the former's intellectual property. The resins are known for possessing ultra-low dielectric loss properties at higher frequencies, have low CTE, higher Tg, and exceptional long-term thermos-oxidative stability at 250 degree Celsius.
Market Segmentation
Type
C5 Resins
C9 Resins
C5/C9 Copolymer Resins
Hydrogenated Resins
Category
Aromatic
Aliphatic
Function
Tackifier
Reinforcing Material
Curing Agent
Others
Application
Asphalt Paving
Shingle
Hot-melt Adhesives
Pressure-sensitive Adhesives
Solvent Adhesives
Road-marking Paints
Rubber Compounding
Adhesives Tapes
Printer Inks
Flexible Packaging
Lubricant Additives
Others
End-use
Adhesives & Sealants
Building & Construction
Paints & Coatings
Rubber
Inks & Dyes
Tapes & Labels
Lubricants
Packaging
Others
Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=35270<ype=S&utm_source=openpr_Kaustubh&utm_medium=openpr_Kaustubh
More Trending Reports by Transparency Market Research -
Polyfluoroalkyl Substances (PFAS) Waste Management Market - (폴리플루오로알킬 물질 (PFAS) 폐기물 관리 시장) https://www.transparencymarketresearch.com/polyfluoroalkyl-substances-pfas-waste-management-market.html
Zinc-air Batteries Market - (아연공기 배터리 시장) https://www.transparencymarketresearch.com/zin-cair-batteries-market.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
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 Resin Market Projected to Reach USD 4.7 Billion by 2031 here
News-ID: 3612585 • Views: …
More Releases from transparencymarketresearch
Boranophosphates Market to Reach USD 68.1 Mn by 2035: Key Growth Insights
The global boranophosphates market was valued at USD 27.8 Mn in 2024 and is projected to reach USD 68.1 Mn by 2035, growing at a CAGR of 8.5% from 2025 to 2035. This growth is driven by increasing applications in pharmaceuticals, biotechnology, and molecular biology, where boranophosphates are used for their stability and efficiency in therapeutic and diagnostic research.
The boranophosphates market is anticipated to grow at a CAGR of 8.5%…
Copper Pipes & Tubes Market to Reach USD 44 Bn by 2031: Growth at 3.1% CAGR
The global copper pipes & tubes market, valued at USD 32.1 Bn in 2021, is projected to reach USD 44 Bn by 2031, growing at a CAGR of 3.1% from 2022 to 2031. This growth is driven by rising demand across HVAC, plumbing, and industrial applications due to copper's durability, corrosion resistance, and high thermal conductivity. Increasing urbanization, infrastructure development, and advancements in manufacturing technologies are further fueling market expansion.
The…
Oleogels Market to Reach USD 1.6 Billion by 2035, Growing at 6.2% CAGR
The global oleogels market was valued at USD 849.6 million in 2024 and is projected to reach USD 1.6 billion by 2035, growing at a CAGR of 6.2% from 2025 to 2035. This growth is driven by the increasing demand for healthier fat alternatives in food products, expanding applications in pharmaceuticals and cosmetics, and rising consumer preference for plant-based and sustainable ingredients.
The oleogels market is anticipated to grow at a…
Hyaluronic Acid Beauty Products Market to Reach US$ 4.0 Bn by 2031, Growing at 7 …
The global hyaluronic acid beauty products market was valued at US$ 2.1 Bn in 2022 and is projected to reach US$ 4.0 Bn by 2031, growing at a CAGR of 7.4% from 2023 to 2031. This growth is driven by rising demand for advanced skincare solutions, increasing consumer focus on anti-aging and hydration benefits, and the expanding popularity of premium beauty products worldwide.
Hyaluronic acid products are used to boost hydration…
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…
