Chemicals And Materials

The global petroleum resin market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 3.2 billion in 2020. The market is further expected to touch USD  billion by 2027, growing at a CAGR of almost 7% during 2021-2027 (forecast period).

The global HHCR market is growing at a potential growth rate Year-over-Year (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 2021-2027 (forecast period)

The global DCPD resin market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 655 million in 2020. The market is further expected to touch USD  million by 2027, growing at a CAGR of almost 7% during 2021-2027 (forecast period).

The global C9 HCR market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 1.2 billion in 2020. The market is further expected to touch USD  billion by 2027, growing at a CAGR of almost 5.5% during 2021-2027 (forecast period).

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).

Global masterbatch market is gaining significant traction because of the driving factors such as the rapidly growing application of masterbatch in automobile and construction industries and the rising use of these polymers in the manufacturing of consumer goods industries

The growth in developing markets globally, and the concurrent expansion of middle-class buying capability, is motivating the demand for specialty chemicals. The increasing populace, along with the growing rate of suburbanization, has determined the need for automobiles.