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Rubber Tackifier Resins Market Key Players, Growth Rate, Size, Share, Demands and Forecasts to 2029
The global Rubber Tackifier Resins market was valued at US$ 1,234.53 million in 2022 and is anticipated to reach US$ 1,762.12 million by 2029, witnessing a CAGR of 5.37% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.Get a Free Sample Copy of the Global Rubber Tackifier Resins Market Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6861360
North American market for Rubber Tackifier Resins is estimated to increase from $ 197.19 million in 2023 to reach $ 257.42 million by 2029, at a CAGR of 4.54% during the forecast period of 2023 through 2029.
Asia-Pacific market for Rubber Tackifier Resins is estimated to increase from $ 789.79 million in 2022 to reach $ 1,111.98 million by 2029, at a CAGR of 5.87% during the forecast period of 2023 through 2029.
The major global manufacturers of Rubber Tackifier Resins include BASF, Exxonmobil, Zeon, SI Group, Kolon Industries, Schill+Seilacher, DRT, and Red Avenue New Materials, etc. In 2022, the world's top three vendors accounted for approximately 29.78 % of the revenue.
By Company-
- BASF
- SI Group
- Kolon Industries
- Red Avenue New Materials
- Zeon
- Cray Valley
- Yanggu Huatai Chemical
- Exxonmobil
- Sumitomo
- DRT
- Eastman
- Guangdong Komo
- Jiangsu Guoli Chemical Technology
- Wuhan Jing He Chemical
- Arakawa Chemical
- Schill+Seilacher
- M&B GreenUs
- Lawter (Harima)
- Shandong Landun Petroleum Resin
- Yasuhara Chemical
Segment by Type
- Phenolic Resin
- Hydrocarbon Resins
- Others
Segment by Application
- Automotive
- Medical
- Industry
- Others
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The global rubber tackifier resins market has been growing steadily in recent years, driven by the increasing demand for adhesives and sealants in various industries such as automotive, construction, packaging, and woodworking.
The Asia Pacific region is expected to dominate the rubber tackifier resins market during the forecast period due to the growing demand for adhesives and sealants in the region's rapidly expanding manufacturing sector. North America and Europe are also expected to contribute significantly to the market growth due to the increasing demand for high-performance adhesives and sealants in the automotive and construction industries.
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