Market by Product Type, Form, Application, Verticals, and Country | Forecast 2021-2028
Triton’s report implies that the Latin American tackifier market is anticipated to register growth at a CAGR of 4.66% during the reviewed period 2021-2028.
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The countries analyzed in this
market include:
• Brazil
• Mexico
• Rest of Latin America
In Latin America, there is a
significant growth in the tackifier market due to the continual development
witnessed in the construction and automotive industries. Moreover, the economic
recovery in the region has resulted in the rise of the purchasing power of
consumers, positively impacting the studied market’s progress. Additionally,
the consumer electronic and packaging sector’s development is likely to
contribute to the demand for tackifiers in the near future.
For instance, the automotive
industry is proliferating in Brazil. Over the years, automobile production has
experienced significant growth, which is likely to enhance the demand for
tackifiers for automotive applications. Additionally, the government introduced
multiple construction programs due to the reduction in public financing for
infrastructure projects. For instance, the Program of Investment Partnerships
aided in expanding and strengthening the relationship among the private sector
and the state with the help of partnership contracts. This rise in government
investments, along with the growing demand for homes, are predicted to surge
the demand for tackifiers, stimulating the growth of the tackifier market.
Similarly, Mexico’s automotive
sector has also witnessed substantial growth, owing to the surging investments
by prominent companies. The country is also considered the fourth largest
automobile exporter, which adds to the automotive industry’s growth. Above all,
the country’s footwear industry is displaying a potential growth trend over the
next few years. This growth in multiple end-user industries is expected to
enhance the demand for tackifiers for applications, thereby augmenting the tackifier
market’s expansion across Mexico.
WestRock Company offers paper
and packaging solutions to its large consumer base. Its product portfolio
entails folding cars, protective packaging, retail displays, and bleached
paperboard, among others. The company serves in several industries, including
healthcare, retail, food, commercial printing, and home. Also, it provides
bio-based tackifier resins widely used in the adhesives industry. Further, the
company has business operations in several regions, including Latin America.
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VIEW REPORT1. LATIN
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. LATIN
AMERICA TACKIFIER MARKET OUTLOOK - BY PRODUCT TYPE
3.1. SYNTHETIC
3.2. NATURAL
4. LATIN
AMERICA TACKIFIER MARKET OUTLOOK - BY FORM
4.1. SOLID
4.2. RESIN
DISPERSION
4.3. LIQUID
5. LATIN
AMERICA TACKIFIER MARKET OUTLOOK - BY APPLICATION
5.1. PRESSURE
SENSITIVE ADHESIVE
5.2. HOT-MELT
ADHESIVE
5.3. OTHER
APPLICATIONS
6. LATIN
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. LATIN
AMERICA TACKIFIER MARKET - REGIONAL OUTLOOK
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
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: LATIN AMERICA TACKIFIER
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA
TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)
TABLE 4: LATIN AMERICA
TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)
TABLE 5: LATIN AMERICA
TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 6: LATIN AMERICA
TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 7: LATIN AMERICA TACKIFIER
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: LATIN AMERICA
TACKIFIER MARKET, BY SYNTHETIC, 2021-2028 (IN $ MILLION)
FIGURE 3: LATIN AMERICA
TACKIFIER MARKET, BY NATURAL, 2021-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA
TACKIFIER MARKET, BY SOLID, 2021-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA
TACKIFIER MARKET, BY RESIN DISPERSION, 2021-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA TACKIFIER
MARKET, BY LIQUID, 2021-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
TACKIFIER MARKET, BY PRESSURE SENSITIVE ADHESIVE, 2021-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
TACKIFIER MARKET, BY HOT-MELT ADHESIVE, 2021-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA
TACKIFIER MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA
TACKIFIER MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA
TACKIFIER MARKET, BY BOOK BINDING, 2021-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA
TACKIFIER MARKET, BY NON-WOVEN, 2021-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA
TACKIFIER MARKET, BY CONSTRUCTION/ASSEMBLY, 2021-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA
TACKIFIER MARKET, BY OTHER VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA
TACKIFIER MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)
FIGURE 16: BRAZIL TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: MEXICO TACKIFIER
MARKET 2021-2028 (IN $ MILLION)
FIGURE 18: REST OF LATIN
AMERICA TACKIFIER MARKET 2021-2028 (IN $ MILLION)