Synthetic Hydrocarbon Resin Market
Automotive Adhesives & Sealants Market Overview
Synthetic hydrocarbon resins are thermoplastic polymers derived from petroleum-based feedstocks, primarily used as tackifiers in adhesives, sealants, and coatings. These resins enhance performance properties such as adhesion, cohesion, and thermal stability in various industrial applications. The product is categorized into C5, C9, and other types based on the hydrocarbon feedstock composition.
Market Value & Growth Projections
Market Value & Growth
Projections: • Market Value in 2025 : 4.8 billion • Projected Value by 2032: USD 5.1 billion
CAGR 6.8%
Key Market Drivers:
Expansion of Automotive Sector to Fuel Market Growth
Development of Sustainable Resin Variants to Drive Market Adoption
Market Segmentation
Application
Adhesives & Sealants
Printing Inks
Key Market Players
Kolon Industries (South Korea)
Eastman Chemical Company (U.S.)
Total CrayValley (France)
ExxonMobil Corporation (U.S.)
North America :
Regional Market Analysis
The North American synthetic hydrocarbon resin market benefits from advanced manufacturing capabilities and stringent quality standards, particularly in the U.S., where demand is driven by adhesive & sealant applications across automotive and construction industries.
Europe:
Europe remains a hub for high-performance hydrocarbon resins, with Germany, France, and the U.K. leading demand, especially for C5 and C9 resins in adhesives and printing inks. Strict EU REACH regulations continue to shape production methods, driving a shift toward sustainable, low-VOC formulations.
Follow
LinkedIn: https://www.linkedin.com/company/24 chemicalresearchold/posts/ Facebook: https://www.facebook.com/24chemicalr esearch/ Twitter: https://x.com/24Chemical
