The Hydrocarbon Resins Market is expected to reach US$ 2.54Bn in 2027, with a CAGR of 6.8% for the period 2021-2027, because of rising concentration of manufacturers' towards production of economic range of products.
Hydrocarbon Resins Market Overview:
Maximize Market Research (MMR) spent a lot of time and effort investigating the Hydrocarbon Resins Market, focusing on each sector while considering and regional trends. In order to create a balanced market environment, the primary drivers as well as significant restraints have been thoroughly addressed. To give readers a complete picture of the market, the research separates it into several areas, including Product, Application, Retailers, and Regions. The research also includes long-term industry estimates for the Hydrocarbon Resins Market.
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Market Scope:
The Hydrocarbon Resins market is expected to develop at a steady rate between 2021 and 2027, according to the forecast. Between 2021 and 2027, the industry is expected to grow rapidly, with leading market players putting in significant effort.
The development process is examined, as well as cost structures and development goals and objectives. This Hydrocarbon Resins market report covers import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins. In the Hydrocarbon Resins market, this study looks at each producer's manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. Among the countries (regions) are the United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
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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
• Others (including Oil Gas)
Key Players:
• Eastman Chemical Company
• Exxon Mobil Corporation
• Total SA (Cray Valley)
• KOLON Industries Inc.
• Lesco Chemical Limited
• ZON CORPORATION
• Arakawa Chemical Industries Ltd.
• Shadong Landun Petroleum Resin Co., Ltd.
• Puyang Tiacheng Chemcal Co., Ltd.
• Shanghai Jinsen Hydrocarbon Resins Co, Ltd.
• Neville Chemical Company
• HIGREE
• Cray Valley
• RÜTGERS Group
• Qingdao Bater Chemical
• Qingdao Eastsun New Materials Corporation
• MITSUI CHEMICALS AMERICA
• Others
Regional Analysis:
The Hydrocarbon Resins market is split up into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America.
COVID-19 Impact Analysis on Hydrocarbon Resins Market:
The COVID-19 Pandemic has the potential to disrupt markets in three ways: by directly affecting production and demand, disrupting supply networks and marketplaces, and bankrupting businesses and financial institutions. The purpose of this research is to understand more about the current situation, the economic slump, and COVID-19's impact on the Hydrocarbon Resins market.
Key Questions answered in the Hydrocarbon Resins Market Report are:
- Which product segment grabbed the largest share in the Hydrocarbon Resins market?
- How is the competitive scenario of the Hydrocarbon Resins market?
- Which are the key factors aiding the Hydrocarbon Resins market growth?
- Which region holds the maximum share in the Hydrocarbon Resins market?
- What will be the CAGR of the Hydrocarbon Resins market during the forecast period?
- Which application segment emerged as the leading segment in the Hydrocarbon Resins market?
- Which are the prominent players in the Hydrocarbon Resins market?
- What key trends are likely to emerge in the Hydrocarbon Resins market in the coming years?
- What will be the Hydrocarbon Resins market size by 2027?
- Which company held the largest share in the Hydrocarbon Resins market?
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