MARKET OVERVIEW
Tackifiers are substances used to increase a material's adhesive properties, typically a polymer or a rubber. They are widely used in various industries such as packaging, construction, automotive, and others. The end-users of tackifiers are manufacturers of adhesives, sealants, tapes, and other products that require enhanced adhesion properties. Tackifiers have several advantages over other adhesive enhancers. They improve the adhesive's initial tack, or stickiness, which allows for a stronger bond to form. They also increase the flexibility and durability of the bond, making it more resistant to environmental conditions such as temperature and moisture. Tackifiers can also be tailored to specific applications, allowing optimal performance in specific environments. The future of the tackifier market is expected to be positive, driven by the increasing demand for high-performance adhesives in various industries.
MARKET DYNAMICS
The tackifiers market is anticipated to grow in the forecast period owing to the tire industry's product advancements and growing demands for adhesives from end-use industries. Rising demands from the packaging industry and demands from the booming construction industry in developing countries further fuel the growth of the tackifiers market. However, the emerging tackifier free adhesives market is a major restraint for the growth of the tackifiers market. Nonetheless, shifting focus towards bio-based tackifiers and rising demands from the pressure sensitive adhesives industry offer significant growth opportunities for the major players operating in the tackifiers market during the forecast period.
MARKET SCOPE
The "Global Tackifiers Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of tackifiers market with detailed market segmentation by type, form, application, end-use industry, and geography. The global tackifiers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tackifiers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global tackifiers market is segmented on the basis of type, form, application, and end-use industry. Based on type, the market is segmented as natural and synthetic. By form, the market is segmented as solid, liquid, and resin dispersion. Based on the application, the market is segmented as tapes & labels, assembly adhesives, bookbinding adhesives, footwear, leather & rubber, and others. The market on the basis of the end-use industry, is classified as automotive, building & construction, packaging, non-wovens, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tackifiers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The tackifiers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tackifiers market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the tackifiers market in these regions.
MARKET PLAYERS
The reports cover key developments in the tackifiers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from tackifiers market are anticipated to lucrative growth opportunities in the future with the rising demand for tackifiers in the global market. Below mentioned is the list of few companies engaged in the tackifiers market.
The report also includes the profiles of key tackifiers companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Arakawa Chemical Industries,Ltd.
- DRT (Derives Resiniques et Terpeniques)
- Eastman Chemical Company
- Exxon Mobil Corporation
- Guangdong KOMO Co., Ltd--
- Kraton Corporation
- LSC Environmental Products LLC
- Neville Chemical Company
- SI Group, Inc.
- Yasuhara Chemical Co., Ltd.