LATIN AMERICA TACKIFIER MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

LATIN AMERICA TACKIFIER MARKET 2021-2028

Market by Product Type, Form, Application, Verticals, and Country | Forecast 2021-2028

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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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Table of Content

1.    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

List of table

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)

List of Figures

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)

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