Hydrocarbon Resins Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast Till 2028
The Global Hydrocarbon Resins Market research report published by Reports and Data is an investigative research study that focuses on top players of the industry, business expansions, geographical reach, segments and sub-segments of the market, and cost and value chain analysis. It offers crucial insights into market share, market size, revenue growth, current and emerging trends, consumer preferences and demands, factors influencing the market growth, and other important data to help clients, businesses, and stakeholders capitalize on the emerging opportunities in the Hydrocarbon Resins market. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario and provides an in-depth impact analysis of the health crisis on the overall market growth.
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The materials and chemical industry has registered a rapid revenue growth over the recent past owing to the constant requirement for materials and chemicals across various sectors including agriculture, pharmaceutical and biotechnology, paper, healthcare, food and beverage, and manufacturing among others. Rapid demand for products like perfumes, soaps, detergents for daily usage, increasing adoption of green energy and organic products, increasing investments in research and development activities, and rising support from various public and private sectors are key factors fueling global Hydrocarbon Resins market growth. In addition, factors such as rising disposable income, increasing efforts to reduce carbon footprint and consumer shift to eco-friendly and sustainable products are expected to fuel overall market growth going ahead.
Over the years, mergers and acquisitions, collaborations, and partnerships have played a pivotal role in companies’ plans of expanding customer base and gaining a robust footing in the market. Rising investments by the key industry players for the R&D activities will further bolster market growth over the analysis period.
The report utilizes key statistical tools such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and venture return analysis to offer better insights into the market landscape. The report also covers recent developments and provides a comprehensive industry overview to help readers understand the complete scenario and dynamics of the global Hydrocarbon Resins market.
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Key companies profiled in the report:
Eastman Chemical Company
Shadong Landun Petroleum Resin Co., Ltd.
Puyang Tiacheng Chemcal Co. , Ltd.
Shanghai Jinsen Hydrocarbon Resins Co, Ltd.
Arakawa Chemical Industries Ltd.
Kolon Industries Inc.
Lensco Chemical Ltd.
Neville Chemical Company
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Opportunities For Players Operating In The Global Hydrocarbon Resins Market:
Manufacturers of hydrocarbon resins are seeing new opportunities in case and carton closures, protective coatings, and roofing applications. To enhance raw material and end-use product uptake, chemical companies are gaining a strong research base to manufacture resins with superior pigment wetting, thermoplastic, and non-reactive qualities. Resins with a low molecular weight, excellent water repellency, and good color stability in commercial printing inks are seeing an increase in manufacturing.
Hydrocarbon Resins Market Segmentation:
Type Outlook (Revenue, USD Billion; 2018-2028)
- C5 Resin
- C9 Resin
- Hydrogenated Hydrocarbon Resin
Application Outlook (Revenue, USD Billion; 2018-2028)
- Printing Inks
- Paints and Coatings
- Tapes and Labels
End User Outlook (Revenue, USD Billion; 2018-2028)
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