The global HHCR market is growing at a potential growth rate YearoverYear YoY and has reached USD 970 million in 2020 The market is further expected to touch USD million by 2027 growing at a CAGR of almost 8 during 20212027 ID: 829905
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Page | 1 Hydrogenated H ydrocarbon Resin (HHCR) Market Report - Global Forecast to 2027 Hydrogenated H ydrocarbon Resin (HHCR) Market Report - Global Forecast to 202 7 Page | 2 Hydrogenated H ydrocarbon Resin (HHCR) Market Report - Global Forecast to 2027 VIEW REPORT PRESS RELEASE SAMPLE REPORT Page | 3 Hydrogenated H ydrocarbon Resin (HHCR) Market Report - Global Forecast to 2027 Summary : Global HHCR Market, By Grade (C5 - HHCR, C9 - HHCR, DCPD - HHCR); By Application (Baby Diapers, Polyester Resins, Tackifiers, Packaging materials, Rubber Compounding Paints and coatings, Hot melt adhesives, etc.), By Region (North America, Europe, Asia Pacific, South America, and the Middle East); Trend Analysis, Competitive Market Share & Forecast, 2020 - 2027 Market Overview: Hydrogenated hydrocarbon resin (HHCR), also known as “WaterWhite”, is a hydrogenated product of several types of resins. Typically, C5, C9, DCPD, or C5/C9 resins are used as feedstock for the manufacturing of HHCR. Major applications of HHCR are adhesives, hot melt adhesiv es, paints, and coatings, etc . Segmentation: Based on the End - use, the Hydrogenated hydrocarbon resin (HHCR) market is segmented into Paints and coating, tackifiers, hot melt adhesives, rubber compounding, UPR, baby diapers, lubricants, etc. The adhesives ma rket is likely to dominate globally. The enhanced thermal and oxidative resisting properties along with resistive nature against water, acids, and alkali are fueling the demand and acting as the major factors driving the growth of this end - user segment. HH CR is also used for the manufacturing of hygiene products, polyolefin modifiers, rubber solvent, etc . Regional Analysis: The global market for HHCR is divided into Asia Pacific, Europe, North America, South America, and the Middle East. Asia Pacific region is likely to witness the highest growth rate for the HHCR market owing to its rapidly developing countries, high demand for end - user industry products, ever - improving lifestyles, and presence of many automotive and construction businesses in the region. T he increasing demand for hygiene products in South Asia is likely to contribute to the growth of the HHCR market in Asia - pacific . North America is projected to follow the lead of Asia - Pacific, with high income, great business opportunities, and the availa bility of a highly - skilled workforce . Competitive Dashboard: The leading players for the global HHCR market include Axis Chemicals Pty Ltd, Commonwealth Laminating & Coating Inc, Credrez, Dycon Chemicals, BASF, Dow Chemicals, Henghe Petrochemical Co., Ltd, Shandong ShenxianRuisen Petroleum Resins Co., Ltd, Resin Che micals Co. Ltd, SGL Carbon, Solutia Inc., Sumitomo Chemicals, Ineos Phenol, ExxonMobil, Rain carbon, Zeon Corporation, Idemitsu, Puyang Changyu Petroleum Resins, Lesco, Kolon Hydrocarbon, PuyangTiancheng Chemical Co. Ltd, Arakawa Chemical Industries, and o thers are expanding their presence in the market by Page | 4 Hydrogenated H ydrocarbon Resin (HHCR) Market Report - Global Forecast to 2027 implementing various business strategies. Major players are engaged in mergers and acquisitions, expansion of their manufacturing facilities, infrastructural growth, investment in R&D facilities, and the quest for opportunities to expand vertically through the value chain . Page | 5 Hydrogenated H ydrocarbon Resin (HHCR) Market Report - Global Forecast to 2027 About Us Blueweave Consulting offers a one - stop solution for your market intelligence needs for any service or product. You get well - researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well - informed and tim ely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk - return trade - off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavors successful. For more information, kindly visit our Website www.blueweaveconsulting.com or contact us at info@blueweaveconsulting .com