Insights on the Tackifier Global Market to 2026 - Featuring Arkema Group, Exxon Mobil and Natrochem Among Others - ResearchAndMarkets.com - Business Wire

DUBLIN--(BUSINESS WIRE)--The "Tackifier Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global tackifier market is expected to grow at with a CAGR greater than 4% during the forecast period.

Companies Mentioned

• Arakawa Chemical Industries,Ltd.
• KRATON CORPORATION
• Arkema Group
• DRT (Les Derives Resiniques et Terpeniques)
• Eastman Chemical Company
• Exxon Mobil Corporation
• Lawter Inc.
• Neville Chemicals Company
• Natrochem, Inc.
• Teckrez Inc.
• TWC Group

Key Market Trends

Building & Construction Industry to Dominate the Market

• Among the end-user industries, building & construction accounts for the major share of the global tackifiers market currently.
• Pressure-sensitive and water-borne adhesives are in major demand for various purposes in the building and construction industry for heating, ventilation, air conditioning, concrete, joint cements, manufactured housing, resilient flooring, etc.
• These adhesives use significant percentage of tackifiers to improve the tack, peel, and bonding of the surface. The growing construction industry across the world is providing growth prospects to the market studied, which is likely to lead to an increasing demand for tackifiers in the adhesive market.
• Hence, owing to the above-mentioned factors, building & construction industry is expected to dominate the market studied during the forecast period.

Asia-Pacific to Dominate the Market

• Continuous improvement in the economic conditions of the Asia-Pacific region has enhanced the financial status of the consumers, which, in turn, has increased the demand for electronic appliances, buildings, automobiles, and textiles in the region.
• China is also one of the largest manufacturer & exporter of adhesives to many countries and occupies the major share of the Asia-Pacific tackifier market.
• The major adhesive manufacturing companies, such as Henkel AG & Company, KGaA, H B Fuller Company, Ashland, and Evonik Industries AG, have their manufacturing plants in this region, and they are planning to build more manufacturing plants, which likely will increase the production of adhesives. The increase in the production of adhesives and their outputs is expected to drive the consumption of tackifiers.
• Thus, the Asia-Pacific region is expected to dominate the tackifier market during the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Growing Urban Infrastructure in Developing Countries

4.1.2 Growing Demand for Hot-melt Adhesives in Asia-Pacific

4.2 Restraints

4.2.1 Emerging Tackifier Free Adhesives Market

4.2.2 Other Restraints

4.3 Industry Value-chain Analysis

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Feedstock

5.2 Form

5.3 Type

5.4 Application

5.5 End-user Industry

5.6 Geography

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share/Ranking Analysis

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Shifting Focus towards Bio-based Tackifiers

For more information about this report visit https://www.researchandmarkets.com/r/bu3l9y

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2021-08-16 09:53:00Z
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