Market by Product Type, Form, Application, Verticals, and Geography | Forecast 2021-2028
Triton Market Research’s report has ascertained that the global market for tackifier valued at $3427.44 million in 2020, is anticipated to grow at a CAGR of 4.53% during the assessed period 2021-2028. The market is likely to reach $4507.26 million by 2028.
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Tackifiers refers to chemical
elements that enhance the stickiness of adhesives. Moreover, they contain the
ability to modify properties of elastomers, such as natural rubber, styrenic
block copolymers, and ethylene-vinyl acetate.
Triton’s research report on
tackifier provides an in-depth insight into the market. The comprehensive
analysis of the market comprises the key insights, Porter’s five forces
analysis, market attractiveness index, vendor scorecard, key market strategies,
and impact of COVID-19 on the tackifier market.
The consistent demand from
adhesives, rubber, and tire industries is one of the major factors driving the
market’s growth. In the tire industry, tackifier resins are utilized in the
formulation of rubber to add the element of tack to tire compounds. For
instance, the United States Tire Manufacturers Association (USTMA) had reported
the shipping of 325.2 million tires in 2018, with the industry generating $19
billion in revenues by the end of 2019. This rise in tire production is expected
to impact the rubber industry positively, thereby propelling the progress of
the studied market.
Furthermore, the accelerating
demand for hot-melt adhesive in Asia-Pacific is expected to offer lucrative
growth opportunities for the studied market. In Asia-Pacific, countries such as
India, China, South Korea, and Japan, are significant markets for hot-melt
adhesives. Moreover, the key factor motivating the growth of hot-melt adhesives
in India and China is the absenteeism of policies pertaining to high VOC
adhesives.
However, the uncertainty relating to raw material availability and cost, coupled with difficulties in usage of tackifiers in the pharmaceutical sector, are significant challenges hindering the market’s development. The necessity to cautiously formulate biocompatible adhesive systems, and ensure skin breathability through the adhesive to prevent maceration, are key challenges in choosing a tackifier for pharmaceutical applications.
Key
geographies covered in the global tackifier market are:
• North America: United States and
Canada
• Europe: United Kingdom, France,
Germany, Spain, Italy, Russia, and Rest of Europe
• Asia-Pacific: China, Japan, India,
Australia, South Korea, ASEAN Countries, and Rest of Asia-Pacific
• Latin America: Brazil, Mexico, and
Rest of Latin America
• Middle East and Africa: Saudi Arabia,
Turkey, United Arab Emirates, South Africa, and Rest of Middle East &
Africa
The
segmentation analysis of the tackifier market includes:
• Market by Product Type:
o Synthetic
o Natural
• Market by Form:
o Solid
o Resin
Dispersion
o Liquid
• Market by Application:
o Pressure
Sensitive Adhesive
o Hot-Melt
Adhesive
o Other
Applications
• Market by Verticals:
o Packaging
o Book
Binding
o Non-woven
o Construction/Assembly
o Other
Verticals
The renowned enterprises thriving in the tackifier
market include Eastman Chemical Company, Mitsui Chemicals Inc,
TWC Group, Les Derives Resiniques Et Terpeniques SAS (DRT), Kraton Corporation,
Teckrez Inc, Guangdong Komo Co Ltd, Exxon Mobil Corporation, Lawter Inc, Arkema
SA, Natrochem Inc, Yasuhara Chemical Co Ltd, Neville Chemical Co, WestRock
Company, and Arakawa Chemical Industries Ltd.
1. GLOBAL
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. DEMAND
FOR HOT-MELT ADHESIVES IN ASIA-PACIFIC
2.9.2. RISING
DEMAND FROM PACKAGING, CONSTRUCTION, AND PHARMACEUTICAL INDUSTRIES
3. GLOBAL
TACKIFIER MARKET OUTLOOK - BY PRODUCT TYPE
3.1. SYNTHETIC
3.2. NATURAL
4. GLOBAL
TACKIFIER MARKET OUTLOOK - BY FORM
4.1. SOLID
4.2. RESIN
DISPERSION
4.3. LIQUID
5. GLOBAL
TACKIFIER MARKET OUTLOOK - BY APPLICATION
5.1. PRESSURE
SENSITIVE ADHESIVE
5.2. HOT-MELT
ADHESIVE
5.3. OTHER
APPLICATIONS
6. GLOBAL
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. GLOBAL
TACKIFIER MARKET - REGIONAL OUTLOOK
7.1. NORTH
AMERICA
7.1.1. MARKET
BY PRODUCT TYPE
7.1.2. MARKET
BY FORM
7.1.3. MARKET
BY APPLICATION
7.1.4. MARKET
BY VERTICALS
7.1.5. COUNTRY
ANALYSIS
7.1.5.1. UNITED
STATES
7.1.5.2. CANADA
7.2. EUROPE
7.2.1. MARKET
BY PRODUCT TYPE
7.2.2. MARKET
BY FORM
7.2.3. MARKET
BY APPLICATION
7.2.4. MARKET
BY VERTICALS
7.2.5. COUNTRY
ANALYSIS
7.2.5.1. UNITED
KINGDOM
7.2.5.2. GERMANY
7.2.5.3. FRANCE
7.2.5.4. SPAIN
7.2.5.5. ITALY
7.2.5.6. RUSSIA
7.2.5.7. REST
OF EUROPE
7.3. ASIA-PACIFIC
7.3.1. MARKET
BY PRODUCT TYPE
7.3.2. MARKET
BY FORM
7.3.3. MARKET
BY APPLICATION
7.3.4. MARKET
BY VERTICALS
7.3.5. COUNTRY
ANALYSIS
7.3.5.1. CHINA
7.3.5.2. JAPAN
7.3.5.3. INDIA
7.3.5.4. SOUTH
KOREA
7.3.5.5. ASEAN
COUNTRIES
7.3.5.6. AUSTRALIA
& NEW ZEALAND
7.3.5.7. REST
OF ASIA-PACIFIC
7.4. LATIN
AMERICA
7.4.1. MARKET
BY PRODUCT TYPE
7.4.2. MARKET
BY FORM
7.4.3. MARKET
BY APPLICATION
7.4.4. MARKET
BY VERTICALS
7.4.5. COUNTRY
ANALYSIS
7.4.5.1. BRAZIL
7.4.5.2. MEXICO
7.4.5.3. REST
OF LATIN AMERICA
7.5. MIDDLE
EAST AND AFRICA
7.5.1. MARKET
BY PRODUCT TYPE
7.5.2. MARKET
BY FORM
7.5.3. MARKET
BY APPLICATION
7.5.4. MARKET
BY VERTICALS
7.5.5. COUNTRY
ANALYSIS
7.5.5.1. UNITED
ARAB EMIRATES
7.5.5.2. SAUDI
ARABIA
7.5.5.3. TURKEY
7.5.5.4. SOUTH
AFRICA
7.5.5.5. 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: GLOBAL TACKIFIER
MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: GLOBAL TACKIFIER
MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 4: GLOBAL TACKIFIER
MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 5: GLOBAL TACKIFIER
MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 6: GLOBAL TACKIFIER
MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 7: GLOBAL TACKIFIER
MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA
TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA
TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA
TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA
TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA
TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 13: EUROPE TACKIFIER
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 14: EUROPE TACKIFIER
MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 15: EUROPE TACKIFIER
MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 16: EUROPE TACKIFIER
MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 17: EUROPE TACKIFIER
MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC
TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 19: ASIA-PACIFIC
TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 20: ASIA-PACIFIC
TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 21: ASIA-PACIFIC
TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 22: ASIA-PACIFIC
TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 23: LATIN AMERICA
TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 24: LATIN AMERICA
TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 25: LATIN AMERICA
TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 26: LATIN AMERICA
TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 27: LATIN AMERICA
TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 28: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 29: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 30: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 31: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 32: MIDDLE EAST AND
AFRICA TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: GLOBAL TACKIFIER
MARKET, BY SYNTHETIC, 2021-2028 (IN $ MILLION)
FIGURE 3: GLOBAL TACKIFIER MARKET,
BY NATURAL, 2021-2028 (IN $ MILLION)
FIGURE 4: GLOBAL TACKIFIER
MARKET, BY SOLID, 2021-2028 (IN $ MILLION)
FIGURE 5: GLOBAL TACKIFIER
MARKET, BY RESIN DISPERSION, 2021-2028 (IN $ MILLION)
FIGURE 6: GLOBAL TACKIFIER
MARKET, BY LIQUID, 2021-2028 (IN $ MILLION)
FIGURE 7: GLOBAL TACKIFIER
MARKET, BY PRESSURE SENSITIVE ADHESIVE, 2021-2028 (IN $ MILLION)
FIGURE 8: GLOBAL TACKIFIER
MARKET, BY HOT-MELT ADHESIVE, 2021-2028 (IN $ MILLION)
FIGURE 9: GLOBAL TACKIFIER
MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 10: GLOBAL TACKIFIER
MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)
FIGURE 11: GLOBAL TACKIFIER
MARKET, BY BOOK BINDING, 2021-2028 (IN $ MILLION)
FIGURE 12: GLOBAL TACKIFIER
MARKET, BY NON-WOVEN, 2021-2028 (IN $ MILLION)
FIGURE 13: GLOBAL TACKIFIER
MARKET, BY CONSTRUCTION/ASSEMBLY, 2021-2028 (IN $ MILLION)
FIGURE 14: GLOBAL TACKIFIER
MARKET, BY OTHER VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 15: GLOBAL 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)
FIGURE 18: UNITED KINGDOM
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 19: GERMANY TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 20: FRANCE TACKIFIER MARKET
2021-2028 (IN $ MILLION)
FIGURE 21: SPAIN TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: ITALY TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: RUSSIA TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: REST OF EUROPE
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: CHINA TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: JAPAN TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: INDIA TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: SOUTH KOREA
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: ASEAN COUNTRIES
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 30: AUSTRALIA & NEW
ZEALAND TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 31: REST OF
ASIA-PACIFIC TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 32: BRAZIL TACKIFIER MARKET
2021-2028 (IN $ MILLION)
FIGURE 33: MEXICO TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 34: REST OF LATIN
AMERICA TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 35: UNITED ARAB
EMIRATES TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 36: SAUDI ARABIA
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 37: TURKEY TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 38: SOUTH AFRICA
TACKIFIER MARKET 2021-2028 (IN $ MILLION)
FIGURE 39: REST OF MIDDLE EAST
& AFRICA TACKIFIER MARKET 2021-2028 (IN $ MILLION)