Tackifier Market Size Estimation 2021 Overview, Economic Growth Factors, Development Status, Future Plans, Competitive Landscape and Forecast 2028

The global tackifier market is expected to reach a revenue of USD 3.50 billion by the end of 2028.The main feedstock for the production of tackifiers are oil resins, rosin resins and terpene resins.

Tackifiers are widely used in adhesive industries used as chemical composites significantly imaging as a vital part of the hot-melt increasing demand for sensitive adhesives. They pose a spectrum of applications including bookbinding adhesives, assemble adhesives, labels and tapes, leather, rubber articles and adhesives used in footwear and a variety of construction adhesives. Tackifiers are made both naturally as well as synthetically. Alternative raw material used as main feedstocks in the production of tackifiers include rosin resins, petroleum resins and terpene resins wherein the petroleum resins are most popularly used by many industries with a deeper bifurcation as C9 aromatic resins and C5 aromatic resins evidently used.

Rosin resins are naturally obtained from coniferous and pine trees utilized in adhesive built-up with a significant element image as the oldest existing component. Terpene resins are also of unique significance as they allow renewable use of resins primarily derived from terpene feedstock including wood sources as well as citrus fruits. The properties attributed by tackifiers resulting in pressure-susceptible adhesives is considered to exponentially increase the global tackifier market growth with greater projections of growth rate. Moreover, tackifiers are also exceptionally used for their ability to offer viscoelasticity, high glass transition temperature, low molecular weight and high softening temperature which additionally enables specific adhesion and bridging the base polymers.

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These properties delivered by the tackifiers in making of adhesives accomplishes lowering of the melt viscosity of the polymer system. A wider categorization of tackifiers compiles aliphatic and aromatic resins, rosins and its derivatives, terpene-phenol, terpene and modified terpenes and hydrocarbon resins. The individual resin polarity and molecular distribution is essentially crucial as it determines the solubility of tackifier resins included in base polymer. The primary applications of tackifiers can be found in pressure-sensitive adhesives, sealants, contact adhesives and assembly adhesives. The end-users significantly applying the tackifiers and their attributed properties includes industries such as building and construction, packaging, transportation, footwear and leather, electrical and electronics and others.

Market divisioning of the global tackifiers market involves Europe, North and Latin America, Asia Pacific and Middle East and Africa. The tackifiers market in the regions of Asia Pacific projects immense expansion growth during the forecast period mainly due to the massive development of infrastructure of manufacturing facilities, easy access and availability of raw materials and feedstock and rising prevalence of technological advancements. With the existence of countries like India, China, South Korea and Taiwan economically growing the tackifiers market contribution is expected to grow over time.

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Key Segments of the Global Tackifier Market

Type Overview, 2018-2028 (USD Million)

Synthetic
Natural

End-user Overview, 2018-2028 (USD Million)

Bookbinding
Nonwoven
Construction/Assembly
Packaging

Form Overview, 2018-2028 (USD Million)

Solid
Liquid
Resin Dispersion

Regional Overview, 2018-2028 (USD Million)

North America

U.S.
Canad

Europe

UK
Germany
France
Rest of Europ

Asia Pacific

China
Japan
India
Rest of Asia-Pacifi

Middle East and Africa

UAE
South Africa
Rest of Middle East and Afric

South America

Brazil
Rest of South America

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