Hydrocarbon Resins Market Overview

According to the research analyst's insights from the report, the Asia Pacific region holds tremendous potential as a lucrative opportunity for the Hydrocarbon Resins Market and its component manufacturers over the next decade. Remarkably, the market has exhibited resilience and an upward trend even in the face of an economic slowdown, as analyzed post the Covid lockdown period. Maximize Market Research, a prominent international business consultancy firm catering to large and medium-sized enterprises worldwide has recently released its highly anticipated "Hydrocarbon Resins Market”.

Request a sample copy or view the report summary: https://www.maximizemarketresearch.com/request-sample/130807/

Hydrocarbon Resins Market Scope

Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Hydrocarbon Resins market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Hydrocarbon Resins market are examined in the report.

Volume Expansion of Hydrogenated Resin:

In order to produce more hydrogenated resins, Chinese businesses are expanding their facilities and modernizing their current ones, thanks to the Made in China 2029 mandate and the easy access to hydrogenation technology. In 2021, it is projected that Chinese producers will account for 130 percent of the world's capacity, including all planned and current expansions. The bulk of the 712kT of capacity that will be constructed between 2015 and 2021 will be in China.

 The demand for hydrocarbon resins is directly impacted by the expansion of the adhesives industry:

Due to their color and odorlessness, as well as the fact that they have no adverse health consequences, hydrocarbon resins have witnessed a considerable increase in demand over time. Changing customer and regulatory requirements are driving the demand for hydrocarbon resins.

Demand has increased as a result of new requirements for specialty hot melt adhesives, including defined compatibility, thermostability, and softening point. These and other challenging uses and product requirements are taken into consideration while formulating resins.

Available Exclusive Sample Copy of this Report @ : https://www.maximizemarketresearch.com/request-sample/130807/

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

Hydrocarbon Resins Market Key Players

1. Eastman Chemical Company
2. Exxon Mobil Corporation
3. Total SA (Cray Valley)
4. KOLON Industries Inc.
5. Lesco Chemical Limited
6. ZON CORPORATION
7. Arakawa Chemical Industries Ltd.
8. Shadong Landun Petroleum Resin Co., Ltd.
9. Puyang Tiacheng Chemcal Co., Ltd.
10. Shanghai Jinsen Hydrocarbon Resins Co, Ltd.
11. Neville Chemical Company
12. HIGREE
13. Cray Valley
14. RÜTGERS Group
15. Qingdao Bater Chemical
16. Qingdao Eastsun New Materials Corporation
17. MITSUI CHEMICALS AMERICA
18. Others

Regional Analysis

In the worldwide hydrocarbon resin market study, the main regions covered are North America, Europe, Asia Pacific, Africa & Middle East, and South America. Due to increased infrastructure investment, the Asia Pacific region is anticipated to grow quickly. China, for instance, has promised to invest several billions of dollars in the Belt and Road Initiative. Similar declarations have been made by India, which plans to invest more than USD 1.4 trillion between 2024 and 2030. The growing infrastructure expenditure and significant use of hydrocarbon resin in road asphalt offer businesses in the global hydrocarbon resin market a bright future. The need for electric vehicles worldwide remains a significant growth opportunity for the global hydrocarbon resin market, outside from the construction industry.

For more Information Click Here @ : https://www.maximizemarketresearch.com/request-sample/130807/

Key Questions answered in the Hydrocarbon Resins Market Report are:

• What is Hydrocarbon Resins Market?
• What is the forecast period of the Hydrocarbon Resins Market?
• What is the competitive scenario of the Hydrocarbon Resins market?
• Which region held the largest market share in the Hydrocarbon Resins Market?
• What are the opportunities for the Hydrocarbon Resins Market?
• What are the restraining factors in the Hydrocarbon Resins market?
• Who are the key players of the Hydrocarbon Resins market?

Key offerings:

• Market Share, Size, and Forecast by Revenue
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Hydrocarbon Resins
• Landscape- Leading key players and other prominent key players.

Explore Our Trending Research:

 Global Plastic Resins Market https://www.maximizemarketresearch.com/market-report/global-plastic-resins-market/109653/

Carbon Dioxide Market https://www.maximizemarketresearch.com/market-report/global-carbon-dioxide-market/110534/

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 science and engineering, electronic components, 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 industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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