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Tackifiers Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A06758
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Aug 2020 | 62 Views
 
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Tackifiers Market Outlook -2027

Tackifiers are chemical compounds used in formulating adhesives to increase the stickiness of the surface of the adhesive. Tackifiers are low-molecular-weight compounds, which exhibit exceptional viscoelastic properties due to high glass transition temperature and high softening temperature. They disperse in the polymer matrix as their structure disintegrates, and thus assist in specific adhesion and bridging o base polymers. Tackifiers are resins (aliphatic or aromatic) and their derivatives. The solubility of tackifiers resins in the base polymer is determined depending on factors such as their polarity and molecular distribution. If the resin is not compatible with the base polymer, it does not affect the properties of the polymer and result in ineffective tact and adhesion for the base polymer.

 

Market scope and structure analysis

                      Report Metric

                                          Details

  Market size available for years

  2019–2027                     

  Base year considered

  2019                              

  Forecast period

  2020–2027                     

  Forecast unit

  Value (USD)           

  Segments covered

  Form, Type, Application, Industry Vertical, and Region

  Geographies covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LAMEA

  Companies covered

Exxon Mobil Corporation, Kraton Polymers, Eastman Chemical Company, SI Group Inc., Arizona Chemicals, and Arkema Group

 

COVID-19 scenario analysis

The outbreak of the novel coronavirus pandemic has severely affected the global tackifiers market.

  • Owing to the significant economic downfall caused by the global pandemic, the growth of the automotive and the construction industries has declined exponentially. 
  • This is attributed to the fact that the construction and automotive industries are the major consumers of tackifiers.
  • Moreover, the nationwide lockdown caused disruption in supply chain, which has affected the manufacturers of tackifiers tapes to a notable extent.  

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

Rapid development of the packaging, construction, and pharmaceutical industries is the major factor driving the demand for tackifiers as adhesives and sealants, there by positively impacting  the growth of the global tackifier market. Tackifier adhesives are extensively used n door sealants, seat upholstery attachments, and packaging tray seals in the packaging and construction industries. Tackifier adhesives are solvent-based liquids, tapes, monomer–polymer mixtures, emulsions, and liquid or powder curing agents. Rise in number of construction projects and increase in sales in furniture are expected to boost the adoption of tackifiers. 

The adoption of tackifiers is anticipated to increase in the medical industry, due to surge in demand for water-based and pressure-based adhesives. Various medical-grade tapes and films can withstand ethylene oxide and gamma sterilization, as they use the high-quality tackifier adhesives.

The pressure-susceptible adhesive segment is projected to drive the global tackifier market. These are utilized majorly in marks, tapes, and graphic businesses. Name plates, decals, emblems, logos, window safety films, and signage are important uses of in the graphic business. Dissolvable-free glues are hot dissolve adhesives and are a kind of thermoplastic glue. These are provided in round or cylindrical shape of various diameters. 

The tackifiers market in the Asia-Pacific region is anticipated to grow significantly, due to rapid industrial developments and increase in construction activities in the nations such as India and China. The market is further expected to grow at a steady rate in the North America, owing to high demand for tackifiers as adhesives and sealants in the automotive, aerospace, and construction industries.

Key segments covered

                     Segment

                                          Subsegment

  Form

  • Solid
  • Liquid
  • Resin Dispersion

  Type

  • Natural Tackifiers
  • Synthetic Tackifiers

  Application

  • Pressure Sensitive Adhesives
  • Hot Melted Adhesives

 

 

  Industry Vertical

  • Automotive
  • Pharmaceutical
  • Packaging
  • Construction

 

  • Others

 

Key benefits of the report

  • This study presents the analytical depiction of the global tackifiers industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global tackifiers market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global tackifiers market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global tackifiers market research report:

  • Which are the leading market players active in the global tackifiers market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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