Press release
Tackifier Market Insights on Trends, Drivers and Opportunities by 2023 & key players - Arkema Group, Eastman Chemical Company, Guangdong Komo Co Limited, Arizona Chemicals, and ExxonMobil.
Tackifier Market was valued at USD xx million in 2018 and projected to reach USD xx million by 2023 growing at a CAGR of xx% during the forecast period 2018 to 2023.
Tackifier Market Overview:
The growth of the tackifier market is propelled by the rising demand from the adhesives industry. The adhesives business has been witnessing a change in modern times, owing to the improved demand for high standards, offering across various end-use industries. These improvements in the adhesives industry are expected to consequently fuel the growth of the tackifiers market.
Browse details of 120 number of pages research report developed on Tackifier Market @ https://www.researchcosmos.com/reports/tackifier-market/1245103552
Tackifier Market Growth Drivers and Restraints:
Tackifier resin distributions are used across various end-use applications such as packaging, construction & buildings, automotive, and nonwovens. The upsurge in separate end-use product demand and industrial construction are the crucial factors increasing the demand for tackifier resin distributions, which in turn, is driving the overall growth of global tackifier market. With the strengthening of state rules and regulations to preserve the environment, demand for environment-friendly solvent-free resin dispersions is supposed to increase in upcoming years that supports the overall market over the projection period. Packaging is the biggest end-use industry of tackifiers and is required to contribute the highest share to the market by 2020. The increasing demand for packaging from the food and refreshments industry and rising market for biodegradable packaging materials are required to boost the demand for tackifiers in the packaging industry.
Geographic Insights of Tackifier Market:
The APAC contributed to the highest market shares during 2017 due to the growing number of construction activities. The business will continue to grow in the area for the following four years due to the increasing amount of loans and the upgradation of manufacturing plants. The new upgrade of hydrocarbon production plants and the increasing demand from the packaging industry will also drive the market for tackifiers in Asia Pacific.
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Key Market Players of Tackifier Market:
The key players of the world tackifier market are Arkema Group, Eastman Chemical Company, Guangdong Komo Co Limited, Arizona Chemicals, and ExxonMobil.
Tackifier Market Key Segmentation:
By Feedstock:
• Rosin Resins
• Petroleum Resins
• Terepene Resins
By Form:
• Solid
• Liquid
• Resin Dispersion
By Type:
• Synthetic
• Natural
By Application:
• Tapes & Labels (Including Pressure Sensitive Adhesives (PSAs)
• Assembly Adhesives
• Bookbinding Adhesives
• Footwear, Leather, and Rubber Articles
• Others (Road Marking, Paints & Coatings, Inks, etc.)
By End-user:
• Automotive
• Building & Construction (Including Furniture)
• Non-Wovens
• Packaging
• Footwears
• Others
By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/tackifier-market/1245103552
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
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