Tackifier Market is projected to reach USD 3.56 Billion by 2020, at a CAGR of 4.8% from 2015 to 2020.
Browse 96 tables and 55 figures spread through 135 Pages and in-depth TOC on "Tackifier Market by End-use Industry (Packaging, Bookbinding, Nonwoven, Construction/Assembly), Type (Synthetic & Natural), Form (Solid, Liquid, Resin Dispersion) Application (PSA & HMA), by Region - Global Forecast To 2020".

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Packaging is the largest end-use industry for tackifiers, wherein tackifiers are used in flexible packaging, cases, cartoons, labels, and envelopes, among others. The demand for high quality packaging feedstocks, which have the capability to provide high cost versus performance benefits, such as correct open and setting time for successful closing of packaging products as well as growing demand from the food and beverages industry, is projected to boost the growth of the tackifier market in the near future.

The synthetic tackifiers segment accounted for a larger share of the overall market. The synthetic type of tackifiers are made from petroleum-based hydrocarbon resins, which include aliphatic resins (C5), aromatic (C9), and aliphatic/aromatic (C5/C9). With the development of the urban infrastructure and increased manufacturing activities, predominantly in the Asia-Pacific region and the recent decline in the crude oil prices are other factors that are expected to aid the growth of the synthetic tackifiers segment.

The tackifier market in Asia-pacific is anticipated to grow at the highest CAGR between 2015 and 2020. The economies in China and India have witnessed growth, fuelled by the increased construction activities and investments in the expansion or upgradation of manufacturing facilities.

The improving standard of living and growing middle class population are expected to lead to growth in the tackifier end-use industries, such as packaging, nonwoven, and construction/assembly. China, Japan, and India are the major economies in Asia-Pacific and are expected to provide opportunities for the growth of tackifier end-use industries in near future. Initiatives taken by governments to promote growth in the manufacturing sectors will further aid the growth of the tackifiers market in these countries.

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Eastman (U.S.), Arkema (France), DRT (Dérivés Résiniques et Terpéniques) (France), ExxonMobil Chemical (U.S.), Lawter (U.S.), Yasuhara Chemical (Japan), WestRock (U.S.) are some of the major players that are operating in tackifier market.
These market players has a wide market reach with established distribution network and are investing more on the research and development activities. The market players has strong technical and market development capabilities that enabled it to upgrade its existing products for new market applications.

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