GLOBAL TACKIFIER MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

GLOBAL TACKIFIER MARKET 2021-2028

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

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Triton Market Research’s report has ascertained that the global market for tackifier valued at $3427.44 million in 2020, is anticipated to grow at a CAGR of 4.53% during the assessed period 2021-2028. The market is likely to reach $4507.26 million by 2028.


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Tackifiers refers to chemical elements that enhance the stickiness of adhesives. Moreover, they contain the ability to modify properties of elastomers, such as natural rubber, styrenic block copolymers, and ethylene-vinyl acetate.

Triton’s research report on tackifier provides an in-depth insight into the market. The comprehensive analysis of the market comprises the key insights, Porter’s five forces analysis, market attractiveness index, vendor scorecard, key market strategies, and impact of COVID-19 on the tackifier market.

The consistent demand from adhesives, rubber, and tire industries is one of the major factors driving the market’s growth. In the tire industry, tackifier resins are utilized in the formulation of rubber to add the element of tack to tire compounds. For instance, the United States Tire Manufacturers Association (USTMA) had reported the shipping of 325.2 million tires in 2018, with the industry generating $19 billion in revenues by the end of 2019. This rise in tire production is expected to impact the rubber industry positively, thereby propelling the progress of the studied market.

Furthermore, the accelerating demand for hot-melt adhesive in Asia-Pacific is expected to offer lucrative growth opportunities for the studied market. In Asia-Pacific, countries such as India, China, South Korea, and Japan, are significant markets for hot-melt adhesives. Moreover, the key factor motivating the growth of hot-melt adhesives in India and China is the absenteeism of policies pertaining to high VOC adhesives.

However, the uncertainty relating to raw material availability and cost, coupled with difficulties in usage of tackifiers in the pharmaceutical sector, are significant challenges hindering the market’s development. The necessity to cautiously formulate biocompatible adhesive systems, and ensure skin breathability through the adhesive to prevent maceration, are key challenges in choosing a tackifier for pharmaceutical applications.



Key geographies covered in the global tackifier market are:

•           North America: United States and Canada

•           Europe: United Kingdom, France, Germany, Spain, Italy, Russia, and Rest of Europe

•           Asia-Pacific: China, Japan, India, Australia, South Korea, ASEAN Countries, and Rest of Asia-Pacific

•           Latin America: Brazil, Mexico, and Rest of Latin America

•           Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of Middle East & Africa

The segmentation analysis of the tackifier market includes:

•           Market by Product Type:

           o          Synthetic

           o          Natural

•           Market by Form:

           o          Solid

           o          Resin Dispersion

           o          Liquid

•           Market by Application:

           o          Pressure Sensitive Adhesive

           o          Hot-Melt Adhesive

           o          Other Applications

•           Market by Verticals:

           o          Packaging

           o          Book Binding

           o          Non-woven

           o          Construction/Assembly

           o          Other Verticals

The renowned enterprises thriving in the tackifier market include Eastman Chemical Company, Mitsui Chemicals Inc, TWC Group, Les Derives Resiniques Et Terpeniques SAS (DRT), Kraton Corporation, Teckrez Inc, Guangdong Komo Co Ltd, Exxon Mobil Corporation, Lawter Inc, Arkema SA, Natrochem Inc, Yasuhara Chemical Co Ltd, Neville Chemical Co, WestRock Company, and Arakawa Chemical Industries Ltd.

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Table of Content

1.    GLOBAL 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.   DEMAND FOR HOT-MELT ADHESIVES IN ASIA-PACIFIC

2.9.2.   RISING DEMAND FROM PACKAGING, CONSTRUCTION, AND PHARMACEUTICAL INDUSTRIES

3.    GLOBAL TACKIFIER MARKET OUTLOOK - BY PRODUCT TYPE

3.1. SYNTHETIC

3.2. NATURAL

4.    GLOBAL TACKIFIER MARKET OUTLOOK - BY FORM

4.1. SOLID

4.2. RESIN DISPERSION

4.3. LIQUID

5.    GLOBAL TACKIFIER MARKET OUTLOOK - BY APPLICATION

5.1. PRESSURE SENSITIVE ADHESIVE

5.2. HOT-MELT ADHESIVE

5.3. OTHER APPLICATIONS

6.    GLOBAL 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.    GLOBAL TACKIFIER MARKET - REGIONAL OUTLOOK

7.1. NORTH AMERICA

7.1.1.   MARKET BY PRODUCT TYPE

7.1.2.   MARKET BY FORM

7.1.3.   MARKET BY APPLICATION

7.1.4.   MARKET BY VERTICALS

7.1.5.   COUNTRY ANALYSIS

7.1.5.1. UNITED STATES

7.1.5.2. CANADA

7.2. EUROPE

7.2.1.   MARKET BY PRODUCT TYPE

7.2.2.   MARKET BY FORM

7.2.3.   MARKET BY APPLICATION

7.2.4.   MARKET BY VERTICALS

7.2.5.   COUNTRY ANALYSIS

7.2.5.1. UNITED KINGDOM

7.2.5.2. GERMANY

7.2.5.3. FRANCE

7.2.5.4. SPAIN

7.2.5.5. ITALY

7.2.5.6. RUSSIA

7.2.5.7. REST OF EUROPE

7.3. ASIA-PACIFIC

7.3.1.   MARKET BY PRODUCT TYPE

7.3.2.   MARKET BY FORM

7.3.3.   MARKET BY APPLICATION

7.3.4.   MARKET BY VERTICALS

7.3.5.   COUNTRY ANALYSIS

7.3.5.1. CHINA

7.3.5.2. JAPAN

7.3.5.3. INDIA

7.3.5.4. SOUTH KOREA

7.3.5.5. ASEAN COUNTRIES

7.3.5.6. AUSTRALIA & NEW ZEALAND

7.3.5.7. REST OF ASIA-PACIFIC

7.4. LATIN AMERICA

7.4.1.   MARKET BY PRODUCT TYPE

7.4.2.   MARKET BY FORM

7.4.3.   MARKET BY APPLICATION

7.4.4.   MARKET BY VERTICALS

7.4.5.   COUNTRY ANALYSIS

7.4.5.1. BRAZIL

7.4.5.2. MEXICO

7.4.5.3. REST OF LATIN AMERICA

7.5. MIDDLE EAST AND AFRICA

7.5.1.   MARKET BY PRODUCT TYPE

7.5.2.   MARKET BY FORM

7.5.3.   MARKET BY APPLICATION

7.5.4.   MARKET BY VERTICALS

7.5.5.   COUNTRY ANALYSIS

7.5.5.1. UNITED ARAB EMIRATES

7.5.5.2. SAUDI ARABIA

7.5.5.3. TURKEY

7.5.5.4. SOUTH AFRICA

7.5.5.5. REST OF MIDDLE EAST & AFRICA

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: GLOBAL TACKIFIER MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: GLOBAL TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 4: GLOBAL TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)

TABLE 5: GLOBAL TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 6: GLOBAL TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 7: GLOBAL TACKIFIER MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)

TABLE 11: NORTH AMERICA TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 13: EUROPE TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 14: EUROPE TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 15: EUROPE TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)

TABLE 16: EUROPE TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 17: EUROPE TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 18: ASIA-PACIFIC TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 19: ASIA-PACIFIC TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 20: ASIA-PACIFIC TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)

TABLE 21: ASIA-PACIFIC TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 22: ASIA-PACIFIC TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 23: LATIN AMERICA TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 24: LATIN AMERICA TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 25: LATIN AMERICA TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)

TABLE 26: LATIN AMERICA TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 27: LATIN AMERICA TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 28: MIDDLE EAST AND AFRICA TACKIFIER MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 29: MIDDLE EAST AND AFRICA TACKIFIER MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 30: MIDDLE EAST AND AFRICA TACKIFIER MARKET, BY FORM, 2021-2028 (IN $ MILLION)

TABLE 31: MIDDLE EAST AND AFRICA TACKIFIER MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 32: MIDDLE EAST AND AFRICA TACKIFIER MARKET, BY VERTICALS, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: GLOBAL TACKIFIER MARKET, BY SYNTHETIC, 2021-2028 (IN $ MILLION)

FIGURE 3: GLOBAL TACKIFIER MARKET, BY NATURAL, 2021-2028 (IN $ MILLION)

FIGURE 4: GLOBAL TACKIFIER MARKET, BY SOLID, 2021-2028 (IN $ MILLION)

FIGURE 5: GLOBAL TACKIFIER MARKET, BY RESIN DISPERSION, 2021-2028 (IN $ MILLION)

FIGURE 6: GLOBAL TACKIFIER MARKET, BY LIQUID, 2021-2028 (IN $ MILLION)

FIGURE 7: GLOBAL TACKIFIER MARKET, BY PRESSURE SENSITIVE ADHESIVE, 2021-2028 (IN $ MILLION)

FIGURE 8: GLOBAL TACKIFIER MARKET, BY HOT-MELT ADHESIVE, 2021-2028 (IN $ MILLION)

FIGURE 9: GLOBAL TACKIFIER MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 10: GLOBAL TACKIFIER MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)

FIGURE 11: GLOBAL TACKIFIER MARKET, BY BOOK BINDING, 2021-2028 (IN $ MILLION)

FIGURE 12: GLOBAL TACKIFIER MARKET, BY NON-WOVEN, 2021-2028 (IN $ MILLION)

FIGURE 13: GLOBAL TACKIFIER MARKET, BY CONSTRUCTION/ASSEMBLY, 2021-2028 (IN $ MILLION)

FIGURE 14: GLOBAL TACKIFIER MARKET, BY OTHER VERTICALS, 2021-2028 (IN $ MILLION)

FIGURE 15: GLOBAL TACKIFIER MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)

FIGURE 16: UNITED STATES TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 17: CANADA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 18: UNITED KINGDOM TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 19: GERMANY TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 20: FRANCE TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 21: SPAIN TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 22: ITALY TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: RUSSIA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: REST OF EUROPE TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: CHINA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: JAPAN TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: INDIA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: SOUTH KOREA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 29: ASEAN COUNTRIES TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 30: AUSTRALIA & NEW ZEALAND TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 31: REST OF ASIA-PACIFIC TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 32: BRAZIL TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 33: MEXICO TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 34: REST OF LATIN AMERICA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 35: UNITED ARAB EMIRATES TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 36: SAUDI ARABIA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 37: TURKEY TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 38: SOUTH AFRICA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

FIGURE 39: REST OF MIDDLE EAST & AFRICA TACKIFIER MARKET 2021-2028 (IN $ MILLION)

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