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Tackifier Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_6412 | Date : Jan, 2023 | Pages : 182 | Region : Global

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Tackifier resins are typically combined with other polymers to make compounds with required end-use properties. The foremost criterion for the selection of a tackifier resin is the compatibility check between the resin and the polymer under consideration. Viscosity, color, odor, softening point, and stability are few other selection criteria, which affect adhesive properties and the formula cost. The selection of a particular tackifier is critical because of its chemical properties, which are subjected to changes based on its applications.
The rising demand for tackifiers from the packaging, construction and pharmaceutical industries is estimated to be one of the major factors that have a positive impact on the growth of the market. The rising number of construction projects and the increasing sales of furniture will boost the adoption of tackifiers. Tackifier adhesives are extensively used in door sealants, seat upholstery attachments, and packaging tray seals in the packaging and construction industries. Tackifier adhesives are usually solvent-based liquids, tapes, monomer-polymer mixtures, emulsions, and liquid or powder curing agents. The adoption of tackifiers will increase in the medical industry due to the rising demand for water-based and pressure-based adhesives. Various medical-grade tapes and films can withstand ethylene oxide and gamma sterilization because they use high-quality tackifiers adhesives. 
APAC contributed the maximum market shares during 2019 due to the increasing number of construction activities. The market will continue to grow in the region for the next four years due to the rising amount of investments and the upgradation of manufacturing plants. The recent upgrade of hydrocarbon production facilities and the rising demand from the packaging industry, will also drive the demand for tackifiers in APAC.
The Global Tackifier Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Tackifier Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Arakawa Chemical Industries
Arkema
Eastman Chemical
Kraton


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Synthetic Tackifier
Natural Tackifier

In Market segmentation by applications :
Packaging
Bookbinding
Nonwoven
Construction/Assembly

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Tackifier Market for the forecast period 2023-2030?
• What are the driving forces in the Tackifier Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Tackifier industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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