- January 2021 |
- Chemicals And Materials / Coating
Global C5 Hydrocarbon Resin (HCR) Market, By Application (Adhesive and sealants, Paints and Coatings, Printing Inks, Rubber Compounding, Pressure-sensitive Tapes and Labels, Others), By Region (North America, Europe, Asia Pacific, South America, and the Middle East); Trend Analysis, Competitive Market Share & Forecast, 2020-2027.
Global C5 HCR Market size- Industry Trends & Forecast Report 2026.
The global C5 HCR market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 1.1 billion in 2020. The market is further expected to touch USD billion by 2027, growing at a CAGR of almost 6.0% during 2021-2027 (forecast period). C5 HCR is produced from aliphatic C5 hydrocarbons, produced as a by-product of the cracking process. C5 resins are widely used in many industries, such as – Adhesive and sealants, paints and coatings, printing inks, rubber compounding, pressure-sensitive tapes, and labels, etc. Furthermore, with the increasing construction and industrialization in developing countries, the demand for C5 resin is growing constantly and contributing to the growth of the market.
Source: BlueWeave Consulting
Global C5 HCR Market Overview:
Aliphatic hydrocarbon resins (C5 Resins) are made from C5 piperylene and its derivatives. C5 resins are aliphatic in nature and are fully compatible with natural rubber, LDPE, and elastomers with low polarity. C5 resins provide excellent tack and have enhanced heat stability. C5 resins have found major applications in the adhesive and hot melt industry. C5 resins, with paints, provide water resistance, UV, and chemical protection. The rubber industry is another sector with a wide range of applications for C5 resins.
C5 HCR Market Forecast and Trends
Excellent adhesive strength with enhanced thermal and chemical stability.
C5 HCR has excellent adhesive properties. C5 HCR also protects acids, bases, and water. When used with paints and coatings, they provide excellent gloss, tack, and adhesion to the paints. Therefore, they are used extensively in the automotive industry. Owing to their aliphatic nature, C5 resins are compatible with all-natural rubber, and most olefins, and are used to reduce the tacky nature of natural rubber. In recent years, the natural...