Electronic Grade Hydrocarbon Resin Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 8.9% from 2026 to 2033.
In 2023, the global Electronic Grade Hydrocarbon Resin market was valued at USD 1,921.30 million and is projected to reach USD 2,730.83 million by 2030, growing at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. Regionally, North America held a significant portion of this market, valued at USD 643.10 million in 2023. Europe followed with a valuation of USD 485.20 million, while the Asia Pacific region accounted for USD 624.50 million in the same year. The Rest of the World, encompassing regions such as Latin America and the Middle East & Africa, collectively contributed USD 168.50 million to the global market. The Asia Pacific region, particularly countries like China, Japan, and South Korea, leads the global market due to its robust electronics manufacturing sector and rapid industrialization. In North America and Europe, the demand is driven by technological advancements and the increasing adoption of electronic devices. Emerging markets in Latin America and the Middle East & Africa are experiencing growth, supported by rising consumer demand for electronic products and investments in telecommunications and automotive sectors. Opportunities in these regions are further bolstered by the expansion of infrastructure and the increasing penetration of consumer electronics.
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Dow
Covestro
Shin-Etsu Chemical
Momentive
Wacker Chemie AG
Honeywell
DSM
BASF
Huntsman
Evonik
Suzhou Sunmun Technology Co.
Ltd.
Jiangsu Sanmu Group Co.
Ltd.
Sanyo Chemical Industries
Ltd.
Sichuan EM Technology Co.
Ltd.
Kolon Industries
Inc.
Eternal Materials Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electronic Grade Hydrocarbon Resin Market
Aliphatic Resins
Aromatic Resins
Cycloaliphatic Resins
Polymerized Resins
Adhesives
Coatings
Inks
Electronics
Others
Consumer Electronics
Automotive
Aerospace
Telecommunications
Healthcare
Thermosetting Resins
Thermoplastic Resins
Low Molecular Weight Resins
Medium Molecular Weight Resins
High Molecular Weight Resins
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electronic Grade Hydrocarbon Resin Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electronic Grade Hydrocarbon Resin Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electronic Grade Hydrocarbon Resin Market, By Type
6. Global Electronic Grade Hydrocarbon Resin Market, By Application
7. Global Electronic Grade Hydrocarbon Resin Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Electronic Grade Hydrocarbon Resin Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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