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| Market size in 2024 | US$ 845.6 million |
Forecast Market size by 2030 | US$ 1.19 billion |
|---|---|---|---|
| Growth Rate | CAGR of 5.8% | Number of Pages | 125 Pages |
The "Global Aromatic Hydrocarbon Resins Market" size was valued at US$ 845.6 million in 2024 and is projected to reach US$ 1.19 billion by 2030, at a CAGR of 5.8% during the forecast period 2024-2030.
The "United States Aromatic Hydrocarbon Resins Market" size was valued at US$ 221.4 million in 2024 and is projected to reach US$ 304.7 million by 2030, at a CAGR of 5.5% during the forecast period 2024-2030.
Aromatic Hydrocarbon Resins are synthetic resins derived from the polymerization of aromatic hydrocarbons, typically obtained as by-products from petroleum refining processes, like C9 or C10 aromatic feedstocks. Known for their tackiness and adhesive properties, these resins are commonly used as tackifiers in adhesives, coatings, rubber compounding, and printing inks.
Aromatic hydrocarbon resins provide excellent thermal stability, gloss, and compatibility with other resins and polymers, making them suitable for applications in industrial adhesives, pressure-sensitive tapes, hot-melt adhesives, and coatings. Their adhesive and cohesive properties help improve durability, bonding strength, and resistance in end products, particularly in packaging, construction, and automotive industries.
Specialized petroleum-based resins with aromatic structure, used in adhesives, rubber compounds, and coatings for enhanced performance characteristics.
Report Overview
This report provides a deep insight into the global Aromatic Hydrocarbon Resins market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Aromatic Hydrocarbon Resins Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Aromatic Hydrocarbon Resins market in any manner.
Global Aromatic Hydrocarbon Resins Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Aromatic Hydrocarbon Resins Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 845.6 million |
| Forecast Market size by 2030 | US$ 1.19 billion |
| Growth Rate | CAGR of 5.8% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 125 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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