Market by Product Type, Form, Application, Verticals, and Country | Forecast 2021-2028
Triton’s report has concluded the tackifier market in North America expects growth at a CAGR of 4.00% during the assessed period 2021-2028.
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The countries studied
in this market are:
• United States
• Canada
In North America, the
demand for tackifiers is primarily driven by the presence of a larger number of
end-user industries in the United States and Canada. Moreover, the easy
availability of raw materials is anticipated to further boost the studied
market’s growth in the near future. Additionally, optimistic construction
forecasts are likely to fuel the tackifier market’s expansion across the
region.
In the United States,
the flexible packaging segment has gained substantial traction, owing to the
benefits of higher consumer preference over other packaging methods. Here, the
changing trends in consumer behavior, along with manufacturer convenience, are
enhancing the growth of the flexible packaging industry across the country.
This further fuels the demand for tackifiers for packaging applications,
thereby opening multiple growth opportunities for the tackifier market.
Furthermore, over the
years, there has been rapid growth in residential construction, resulting in
the construction of several residential housing units. This growth in
residential construction is likely to stimulate the demand for tackifiers, in
turn, boosting the tackifier market on a growth path in the United States.
Likewise, the
construction sector is anticipated to witness a steady growth in Canada. Here,
the country’s residential and commercial construction rates are observing a
substantial rise, owing to the government initiatives and surging immigration
leading to new construction projects. Hence, as stated above, these factors
widen the scope and growth of the tackifier market across Canada.
Kraton Corporation
manufactures styrenic block copolymers and other engineered polymers. Its
products are utilized in several applications, such as adhesives, coatings,
consumer products, sealants, and automotive, among others. AQUATAC waterborne
tackifiers, one of the company’s products, contain high solid content that
enhances operational efficiency for adhesive manufacturers. The company has its
headquarter in Texas, the United States.
1. NORTH
AMERICA 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. NORTH
AMERICA TACKIFIER MARKET OUTLOOK - BY PRODUCT TYPE
3.1. SYNTHETIC
3.2. NATURAL
4. NORTH
AMERICA TACKIFIER MARKET OUTLOOK - BY FORM
4.1. SOLID
4.2. RESIN
DISPERSION
4.3. LIQUID
5. NORTH
AMERICA TACKIFIER MARKET OUTLOOK - BY APPLICATION
5.1. PRESSURE
SENSITIVE ADHESIVE
5.2. HOT-MELT
ADHESIVE
5.3. OTHER
APPLICATIONS
6. NORTH
AMERICA 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. NORTH
AMERICA TACKIFIER MARKET - REGIONAL OUTLOOK
7.1. UNITED
STATES
7.2. CANADA
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: NORTH AMERICA TACKIFIER
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: NORTH AMERICA
TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA
TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 5: NORTH AMERICA
TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA
TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 7: NORTH AMERICA TACKIFIER
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: NORTH AMERICA
TACKIFIER MARKET, BY SYNTHETIC, 2021-2028 (IN $ MILLION)
FIGURE 3: NORTH AMERICA
TACKIFIER MARKET, BY NATURAL, 2021-2028 (IN $ MILLION)
FIGURE 4: NORTH AMERICA
TACKIFIER MARKET, BY SOLID, 2021-2028 (IN $ MILLION)
FIGURE 5: NORTH AMERICA
TACKIFIER MARKET, BY RESIN DISPERSION, 2021-2028 (IN $ MILLION)
FIGURE 6: NORTH AMERICA
TACKIFIER MARKET, BY LIQUID, 2021-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
TACKIFIER MARKET, BY PRESSURE SENSITIVE ADHESIVE, 2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
TACKIFIER MARKET, BY HOT-MELT ADHESIVE, 2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
TACKIFIER MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH
AMERICA TACKIFIER MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)
FIGURE 11: NORTH
AMERICA TACKIFIER MARKET, BY BOOK BINDING, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH
AMERICA TACKIFIER MARKET, BY NON-WOVEN, 2021-2028 (IN $ MILLION)
FIGURE 13: NORTH
AMERICA TACKIFIER MARKET, BY CONSTRUCTION/ASSEMBLY, 2021-2028 (IN $ MILLION)
FIGURE 14: NORTH
AMERICA TACKIFIER MARKET, BY OTHER VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA
TACKIFIER MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)
FIGURE 16: UNITED
STATES TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: CANADA
TACKIFIER MARKET 2021-2028 (IN $ MILLION)