Global Synthetic Petroleum Resin market cagr 7.8%

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Synthetic Petroleum Resin Market

Synthetic Petroleum Resin Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Synthetic Petroleum Resin Market Size and Growth

The Synthetic Petroleum Resin market is experiencing significant growth, driven by increased demand in adhesives, coatings, and construction applications. As of 2023, the market size is valued at approximately $20 billion, with a projected CAGR of 5% over the next five years, reflecting robust industrial expansion and innovation in materials.

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Companies Covered

(Covid 19 Impact Covered)

◍ EastmanChemicalCompany

◍ ExxonMobilCorporation

◍ TotalCrayValley

◍ KolonIndustries

◍ ArakawaChemical

◍ NingboYonghuaResin

◍ ZEONCorporation

◍ ZhejiangHenghePetrochemical

◍ RUTGERSGroup

The Synthetic Petroleum Resin Market is competitive, with key players like Eastman Chemical, ExxonMobil, Total Cray Valley, Kolon Industries, Arakawa Chemical, Ningbo Yonghua Resin, ZEON Corporation, Zhejiang Henghe Petrochemical, and RUTGERS Group. These companies innovate and expand applications, driving market growth. Sales figures include:

- Eastman Chemical: $10.5 billion

- ExxonMobil: $181.5 billion

- Total Cray Valley: $1 billion

- ZEON Corporation: $3.4 billion Request Sample Report

Market Segmentation

By Application

Adhesive&Sealants

PrintingInks ◍ Paints&Coatings ◍ Others

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By Product

Market Growth

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$ X Billion USD

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Global Synthetic Petroleum Resin market cagr 7.8% by ReportPrime - Issuu