global-tackifier-market Global Tackifier Market

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Global Tackifier Market

  • Published Date: 25 Dec 2017
  • Number of Pages: 175
  • Category: Chemicals
  • Country: Global
Tackifiers are essentially chemical compounds that are used to improve the stickiness of various types of adhesives. They are extensively used in Food and Beverages, textiles, construction and many other industries. Their viscoelastic properties make them a significant part of most hot melt and pressure sensitive adhesives. Both natural and synthetic variables are available in the market. Rosin,Petroleum and Terpene resins are used for manufacturing most Tackifier compounds.

Market Dynamics

Tackifiers have a variety of applications in the form of Pressure sensitive and hot-melt adhesives. The consistent growth in the Tackifier market is due to the growing levels of construction and infrastructure across the world. The rising demand for hot-melt adhesives in Asia - Pacific also adds to the growth.

Market Segmentation

The Tackifier market may be divided into two - Synthetic Tackifiers and Natural Tackifiers. Currently, the synthetic Tackifiers have taken up a larger share of the market, reasons being accessibility with respect to volumes and grades of hydrocarbon feedstocks. However, the natural version is foreseen to undergo greater growth over the years.

It may be grouped into three on the basis of type - solid, Liquid and resin dispersions. The solid portion contributed the largest share of the market in 2016. Tackifiers are usually provided in solid form - chipped pellets that can be changed over into lump, block, or fuse depending on the conditions. Packaging was the section of the market that portrayed the largest rise in demand in the past decade. Economic growth in the Asia - Pacific is expected to take the growth trends further upwards. The improving interest from the food and beverages industry, beauty care products, and pharmaceuticals is expected to drive the development of the packaging market in near future, globally.

Geographic Analysis

The market is divided on the basis of geography:
--> Asia-Pacific
--> The Americas
--> Europe, Middle East and Africa (EMEA)

Major growth has been observed in the Asia-Pacific region. The growth in consumption of Tackifiers in packaging industry for pressure sensitive adhesives as well as recent up-gradation of hydrocarbon producing plants, form the key factors. These factors are expected to bring about significant growth in the region.
Although Europe accounted for the largest share of the Global Tackifier market for the past couple of years, followed by Asia-Pacific and North America, it is anticipated that Asia-Pacific will grow faster in the coming decade.

Key Players

Eastman Chemical Company (United States), Exxonmobil Chemical Company Inc. (United States), Arizona Chemicals (United States), Arakawa Chemical Industries Ltd. (Japan), Arizona Chemicals (United States), Arkema (France), Westrock (United States), Guangdong Komo Co. Ltd. (China), Yasuhara Chemical (Japan)

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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