Market by Product Type, Form, Application, Verticals, and Country | Forecast 2021-2028
Triton’s research report establishes that the Middle East and Africa’s tackifier market is predicted to observe growth at a compound annual growth rate of 4.81% through the projected years of 2021-2028.
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The countries considered for
analysis in this market are:
• The United Arab Emirates
• Turkey
• South Africa
• Saudi Arabia
• Rest of Middle East & Africa
In the Middle East and Africa
region, several countries rely mainly on the oil business, including Saudi
Arabia, Kuwait, Oman, Iraq, and others. Moreover, the OPEC region was formed to
prepare and maintain the global demand-supply, along with oil prices. Here, the
region observed significant growth in the demand for tackifiers due to the
surge in the number of end-user industries. This is further anticipated to fuel
the studied market’s progress over the estimated period.
In the United Arab Emirates,
Dubai offers a lucrative consumer electronics market, which has led to high
consumer expenditure levels. Moreover, the demand for electronic products has
gained significant traction due to rapid population growth, the rising number
of tourists, and expansion in the hospitality sector. Furthermore, construction
activities are also growing in Dubai, which adds to the country’s construction
industry’s growth. This growth in various end-user industries fuels the demand
for tackifiers in the production process, supporting the development of the tackifier
market across the United Arab Emirates.
On the other hand, the
packaging sector is among the major sectors driving the progress of the tackifier
market across Saudi Arabia. Here, the country has experienced a significant
shift from rigid to flexible packaging, owing to the growing demand for instant
foods. The packaging innovations are primarily motivating the consumption of
tackifiers in the industry, driving the expansion of the tackifier market.
Exxon Mobil Corporation is an
oil and gas company engaged in the production of crude oil, natural gas, along
with the manufacturing of petroleum products. It also manufactures and sells
commodity petrochemicals, such as polypropylene, plastics, aromatics, and other
wide range of specialty products. Escorez™ Tackifying Resins are petroleum
hydrocarbon tackifiers offered by the company. Its business operations are in
several regions, including the Middle East and Africa.
1. MIDDLE
EAST AND AFRICA TACKIFIER MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON TACKIFIER MARKET
2.2. KEY
INSIGHTS
2.2.1. SHIFTING
TREND TOWARDS BIO-BASED TACKIFIERS
2.2.2. GROWING
VARIETY OF PACKAGING TAPES
2.2.3. DEVELOPMENT
OF VOC-FREE TACKIFIERS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. PARTNERSHIP
& AGREEMENTS
2.6.4. BUSINESS
EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. GROWING
USAGE OF ADHESIVES
2.7.2. SURGE
IN DEMAND FROM TIRE & RUBBER INDUSTRY
2.8. MARKET
RESTRAINTS
2.8.1. UNCERTAINTY
REGARDING RAW MATERIAL AVAILABILITY AND COST
2.8.2. INCONVENIENCE
OF USAGE IN PHARMACEUTICAL APPLICATIONS
2.9. MARKET
OPPORTUNITIES
2.9.1. RISING
DEMAND FROM PACKAGING, CONSTRUCTION, AND PHARMACEUTICAL INDUSTRIES
3. MIDDLE
EAST AND AFRICA TACKIFIER MARKET OUTLOOK - BY PRODUCT TYPE
3.1. SYNTHETIC
3.2. NATURAL
4. MIDDLE
EAST AND AFRICA TACKIFIER MARKET OUTLOOK - BY FORM
4.1. SOLID
4.2. RESIN
DISPERSION
4.3. LIQUID
5. MIDDLE
EAST AND AFRICA TACKIFIER MARKET OUTLOOK - BY APPLICATION
5.1. PRESSURE
SENSITIVE ADHESIVE
5.2. HOT-MELT
ADHESIVE
5.3. OTHER
APPLICATIONS
6. MIDDLE
EAST AND AFRICA TACKIFIER MARKET OUTLOOK - BY VERTICALS
6.1. PACKAGING
6.2. BOOK
BINDING
6.3. NON-WOVEN
6.4. CONSTRUCTION/ASSEMBLY
6.5. OTHER
VERTICALS
7. MIDDLE
EAST AND AFRICA TACKIFIER MARKET - REGIONAL OUTLOOK
7.1. UNITED
ARAB EMIRATES
7.2. SAUDI
ARABIA
7.3. TURKEY
7.4. SOUTH
AFRICA
7.5. REST
OF MIDDLE EAST & AFRICA
8. COMPETITIVE
LANDSCAPE
8.1. ARAKAWA
CHEMICAL INDUSTRIES LTD
8.2. ARKEMA
SA
8.3. EASTMAN
CHEMICAL COMPANY
8.4. EXXON
MOBIL CORPORATION
8.5. GUANGDONG
KOMO CO LTD
8.6. KRATON
CORPORATION
8.7. LAWTER
INC
8.8. LES
DERIVES RESINIQUES ET TERPENIQUES SAS (DRT)
8.9. MITSUI
CHEMICALS INC
8.10. NATROCHEM
INC
8.11. NEVILLE
CHEMICAL CO
8.12. TECKREZ
INC
8.13. TWC
GROUP
8.14. WESTROCK
COMPANY
8.15. YASUHARA
CHEMICAL CO LTD
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 4: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 5: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 6: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 7: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY SYNTHETIC, 2021-2028 (IN $ MILLION)
FIGURE 3: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY NATURAL, 2021-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY SOLID, 2021-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY RESIN DISPERSION, 2021-2028 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY LIQUID, 2021-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY PRESSURE SENSITIVE ADHESIVE, 2021-2028 (IN $
MILLION)
FIGURE 8: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY HOT-MELT ADHESIVE, 2021-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY BOOK BINDING, 2021-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY NON-WOVEN, 2021-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY CONSTRUCTION/ASSEMBLY, 2021-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY OTHER VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)
FIGURE 16: UNITED ARAB
EMIRATES TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: SAUDI ARABIA
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 18: TURKEY TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 19: SOUTH AFRICA
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 20: REST OF MIDDLE EAST
& AFRICA TACKIFIER MARKET 2021-2028 (IN $ MILLION)