Hydrogenated hydrocarbon Resin (HHCR), also known as “Water White”, 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 adhesives, 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 market 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. HHCR 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. The 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 availability of a highly-skilled workforce
Key Players:
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 Chemicals 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 others are expanding their presence in the market by 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.
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