Global Hyrdocarbon Resin market cagr 15.6%

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Hyrdocarbon Resin Market

Hyrdocarbon Resin Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Hyrdocarbon Resin Market Size and Growth

The hydrocarbon resin market is experiencing significant growth, driven by increasing demand in adhesives, coatings, and inks. As of 2023, the market size is estimated to surpass $3 billion, with a projected CAGR of around 5% over the next five years, reflecting trends in industrial applications and sustainable materials. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ BASF SE

◍ The DOW Chemical Company

◍ Eastman Chemical Company

◍ ExxonMobil Corporation

◍ Total CrayValley

◍ Kolon Industries

◍ Arakawa Chemical Industries Limited

◍ Lesco Chemical Limited

The hydrocarbon resin market features key players like BASF, DOW, Eastman, ExxonMobil, Total CrayValley, and others, focusing on applications in adhesives, coatings, and inks. These companies enhance market growth through innovation, strategic partnerships, and expanding production capacities. Sales revenue for selective companies includes: DOW: $43 billion; BASF: $79 billion.

◍ Puyang Ruisen Petroleum Resins Co., Ltd.

◍ Zeon Corporation

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Market Segmentation

By Application

By Product

Other ◍ Rubber Mixing Aids ◍ Paint and Ink Additives

◍ Asphalt Additives

◍ Other

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C5 Aliphatic Resins

C9 Aromatic Resins

Market Growth

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$ X Billion USD

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