Hydrogenation Petroleum Resin Market
Hydrogenation Petroleum Resin Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
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Hydrogenation Petroleum Resin Market Size and Growth
The Hydrogenation Petroleum Resin market is experiencing significant growth, driven by rising demand in adhesives, coatings, and plastics. The market size is projected to reach approximately USD 2 billion by 2028, reflecting a CAGR of around 6%. Key factors include advancements in technology and a shift towards eco-friendly products.
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Companies Covered
(Covid 19 Impact Covered)
◍ ExxonMobil
◍ Kolon
◍ Eastman
◍ Formosan Union
◍ Arakawa
◍ IDEMITSU
◍ China Petroleum Lanzhou Chemical
◍ Heyun Group
◍ Hebei Qiming
◍ Zhejiang Henghe
◍ Puyang Shenghong Chemical
The Hydrogenation Petroleum Resin Market features key players like ExxonMobil, Kolon, and Eastman, enhancing product offerings and innovation. Companies focus on developing advanced resins for adhesives, coatings, and sealants, driving market growth through strategic partnerships and expansions. Sales figures include ExxonMobil (around $250 billion) and Eastman (approximately $9 billion).
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Market Segmentation
By Application
◍ Adhesive
◍ Coating
◍ Packaging Materials
◍ Other
By Product
◍ Hydrogenated C9 petroleum Resin
◍ Hydrogenated C5 petroleum Resin
◍ Hydrogenated DCPD petroleum Resin
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Market Growth
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$ X Billion USD
