Hydrogenated Petroleum Resins Market is expected to register high volume gains at a CAGR of 6.3%
The global petroleum resins market is expected to reach USD 4.1 billion by 2025, growing at a CAGR of 6.9% from 2017 to 2025, according to a new report by Radiant Insights, Inc. The rising demand for petroleum resins in EVA-based adhesives, contact adhesives for footwear, printing inks, sealants, paints, specialty tapes, repositionable tapes, packaging tapes, and permanent labels is expected to increase the market size. Automotive was the prominent segment and accounted 23.9% of the overall revenue share in 2016. The segment is expected to register substantial gains owing to the increasing production of passenger cars, light commercial vehicles, and heavy commercial vehicles in countries such as India, Thailand, and China. For further inquiries, about - Global Petroleum Resins Market Analysis, Size, Growth, Trends and Forecast 2014 - 2025, click on this link – https://www.radiantinsights.com/research/petroleum-resins-market Increasing demand for hydrocarbon resins in adhesiv...