GLOBAL HYDROGENATED PETROLEUM RESIN MARKET

 

INTRODUCTION

 By eliminating weak double bonds, hydrogenation of hydrocarbon resins primarily improves the color and stability (UV and heat resistance) of the resin. Resins with a wide range of compatibility and good stabil-ity are produced using full, partial, and selective hydrogenation techniques.    The petroleum resin is appropriate for use in literally thousands of applications, including paints and varnishes, coatings, printing ink, lithographic inks, paper, adhesives, rubber, concrete-curing compounds, and other areas where tackiness is required.  

GLOBAL HYDROGENATED PETROLEUM RESIN MARKET   SIZE AND FORECAST

  The global hydrogenated petroleum resin market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.  

MARKET DYNAMICS

The primary growth driver in the hydrogenated  petroleum resin market in the global market during the anticipated period will be the rising application of hydrogenated petroleum resin in the production of hot-melt adhesives.   In addition to this, the market is driven by the expanding demand for paints and coatings in the global market for hydrogenated petroleum resin, which is also used to produce many other types of paint for the construction and automotive industries.    There are several prospects for market expansion due to the rising demand for a product used in rubber compounding, which is driving up the market for hydrogenated petroleum resin.   The global market for hydrogenated petroleum-resin is expanding quickly, but several reasons are limiting this growth, such as the rising cost of raw materials in the petroleum resin industry, which constitutes a danger to the market's expansion.   Additionally, the expansion of the hydrogenated petroleum resin market on the worldwide market is constrained by the availability of advantageous substitutes on the market, such as rosin resin.  

COMPANY PROFILE

• Eastman Chemical Company, 
• Shandong Landun Petroleum Resin Co., Ltd., 
• Shanghai Jinsen Hydrocarbon Resins Co., 
• Puyang Tiancheng Chemical Co., Ltd., 
• ExxonMobil Corporation

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per global hydrogenated petroleum resin market right now and how will it change in the next 5-6 years?
2. Average cost to set up a global hydrogenated petroleum resin market in the US, Europe and China?
3. How many global hydrogenated petroleum resin markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a global hydrogenated petroleum resin market and key vendor selection criteria
6. Where is the global hydrogenated petroleum resin market  manufactured? What is the average margin per equipment?
7. Market share of global hydrogenated petroleum resin market manufacturers and their upcoming products
8. The most important planned global hydrogenated petroleum resin market in next 2 years
9. Details on network of major global hydrogenated petroleum resin market and pricing plans
10. Cost advantage for OEMs who manufacture global hydrogenated petroleum resin market in-house
11. 5 key predictions for next 5 years in global hydrogenated petroleum resin market
12. Average B-2-B global hydrogenated petroleum resin market price in all segments
13. Latest trends in global hydrogenated petroleum resin market, by every market segment
14. The market size (both volume and value) of the global hydrogenated petroleum resin market in 2022-2030 and every year in between?
15. Global production breakup of global hydrogenated petroleum resin market, by suppliers and their OEM relationship