Tackifier Market Global Industry Analysis & Forecast 2017-2023

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Global Tackifier Market Industry Analysis & Forecast 2017-2023

Report Segmentation • TACKIFIERS MARKET, BY TYPE

TACKIFIERS MARKET, MARKET, BY

BY END END USE USE •• TACKIFIERS

• INTRODUCTION • SYNTHETIC TACKIFIERS

INTRODUCTION •• INTRODUCTION PACKAGING •• PACKAGING BOOK BINDING BINDING •• BOOK NONWOVEN •• NONWOVEN CONSTRUCTION/ASSEMBLY •• CONSTRUCTION/ASSEMBLY

• NATURAL TACKIFIERS

• TACKIFIERS MARKET, BY APPLICATION • INTRODUCTION • PRESSURE SENSITIVE ADHESIVE • HOT MELT ADHESIVE • OTHERS

• TACKIFIERS MARKET, BY FORM • INTRODUCTION • SOLID TACKIFIERS • RESIN DESPERATION TACKIFIERS • LIQUID TACKIFIERS

OTHERS •• OTHERS

REGIONAL ANALYSIS ANALYSIS •• REGIONAL INTRODUCTION •• INTRODUCTION NORTH AMERICA AMERICA •• NORTH UNITED STATES STATES (U.S.) (U.S.) •• UNITED CANADA •• CANADA MEXICO •• MEXICO EUROPEUNITED KINGDOM KINGDOM (U.K) (U.K) •• EUROPEUNITED GERMANY •• GERMANY FRANCE •• FRANCE

ITALY •• ITALY RUSSIA •• RUSSIA REST OF OF EUROPE EUROPE •• REST ASIA-PACIFIC •• ASIA-PACIFIC CHINA •• CHINA JAPAN •• JAPAN INDIA •• INDIA REST OF OF ASIA-PACIFIC ASIA-PACIFIC •• REST ROW •• ROW BRAZIL •• BRAZIL •• ••

ARGENTINA ARGENTINA OTHER COUNTRIES COUNTRIES OTHER

Report Description • Tackifiers are chemical compounds used in composing adhesives to boost the tack or stickiness of the adhesive. Tackifiers are usually resins, hydrogenated hydrocarbon resins and their mixtures and terpene-phenol resins.

• Tackifiers have characteristics like low molecular weight, glass transition and pliable temperature above room temperature which provides suitable viscoelastic properties.

• The global Tackifiers market is projected to grow during the forecast period of 20172024. The growing consumption of tackifiers in the packaging industry for pressure sensitive adhesives and recent upgradations of hydrocarbon producing plants are some of the key factors expected to drive the growth of the Tackifiers market.

• The Tackifiers market is segmented on the basis of geography, type, form, application and end-user.

Market Insights • The Tackifier Market is primarily driven by the growth in the Packaging industry. The Packaging industry is the largest consumer of Tackifier in the production of Labels and tapes, graphics and other packaging applications succeeded by the paper binding industry. Both these industries are the largest consumers of PSA and HMA tackifiers.

• The paper binding industry uses these Tackifiers in the production of hard binding, paperback binding, covers binding, edition, and library binding.

• The Rubber processing and automotive industries are two major markets that boost Tackifier Market.

• The nonwoven industry is also considered as a major end-user market and is predicted to maintain its market share. High logistic cost and matured market conditions are two biggest limitations for the growth of Tackifier market.

Market Share

Regional study • Market regions that are covered in the report are Asia pacific, North America, Europe and Rest of the world.

• Europe is the largest market for Tackifiers.

• Asia-Pacific is a growing market for Tackifiers and is estimated to bypass Europe in next 5 years to become the leading market for Tackifiers. T • he booming packaged food industry is a driving factor for the market growth of Tackifiers in North America.

Competitive Insights

• The major companies that are profiled in the report are Eastman Chemical Company (Eastman), ExxonMobil Chemical, Westrock, Guangdong Komo Co. Ltd., Arakawa Chemical Industries, Ltd. among others. ExxonMobil Chemical Company declared its arrangements to fabricate the world’s biggest hydrogenated tackifiers manufacturing office in Singapore.

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