Petroleum resins are thermoplastic hydrocarbon resins with a low molecular weight derived from cracked petroleum fractions. It has a tackifying effect, which means it is slightly sticky, and is thus used in coatings, paints, varnishes, printing inks, paper, lithographic inks, adhesives, concrete curing compounds, rubber, and other applications. Powders, crushed nuggets, flakes, solid blocks, beads, solutions, and dispersions are all available.

The increasing use of Petroleum Resins Market for coating, waterproofing, and rubber compounding in various end-use industries such as automotive, construction, and consumer goods is driving growth in the petroleum resins market.

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