The petroleum resins market was valued at $2.5 billion in 2018 and is estimated to reach $4.0 billion by 2028, exhibiting a CAGR of 5.2% from 2023 to 2028. Petroleum Resins, also referred to as hydrocarbon Resins or Petrochemical Resins, are synthetic resins composed of petroleum or petroleum-based materials. They are manufactured by polymerizing petroleum …