Synthetic Hydrocarbon Resin Market 2025-2032

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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.

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Synthetic Hydrocarbon Resin Market 2025-2032 by MarketResearch - Issuu