Hydrocarbon Resins Market Size, Analysis Report 2022-2028
The new research report titled "Hydrocarbon Resins Market, Global Industry Analysis, and Forecast to 2028" gives a detailed analysis and future forecasts of the market. The report highlights the significant players, including market size, share, and demand, development. This report further covers the latest trends, technological advancements, and growth opportunities.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hydrocarbon resins market include Eastman Chemical Company, ExxonMobil Corporation, Shandong Landun Petroleum Resin Co., Ltd., Puyang Tiacheng Chemical Co., Ltd. and Shanghai Jinsen Hydrocarbon Resins Co., Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
An increase in urbanization and industrial activities, favorable demographics, and rises in household incomes in numerous developing and developed countries are predicted to fuel demand for hydrocarbon resins. Hydrocarbon resins are used worldwide in adhesives for the construction of buildings and manufacturing of paints and coatings. Hydrocarbon resins are added to paints as they increase the final finishes of paints, the adhesiveness of paint films, and the hardness and resistance to acid and alkaline elements. Thus, growth in hydrocarbon resins in paints and coatings is expected to boost the global hydrocarbon resins market during the forecast period. Companies are expanding production facilities to meet flourishing global demand. The Asia Pacific to remain a dominant shareholder. However, growing initiatives towards environmental sustainability are projected to hamper the overall growth of the hydrocarbon resins market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hydrocarbon resins . The growth and trends of hydrocarbon resins industry provide a holistic approach to this study.
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Market Segmentation
This section of the Hydrocarbon Resins market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
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
By End User
Building & Construction
Personal Hygiene
Tires
Automotive
Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the hydrocarbon resins market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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