The global Tackifiers market was valued at 319.93 Million USD in 2021 and will grow with a CAGR of 7.71% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Tackifiers are low-molecular weight compounds (oligomers) that are added to adhesive formulations to improve tack and peel adhesion. Their glass transition temperature (Tg) is typically higher than that of the base polymer but their molecular weight is much lower. The tackifiers dissolve in the polymer matrix and break up their structure and thereby enhance the mobility and tack of the base polymer. They also provide functionality that promotes specific adhesion, bridging and reduces molecular cohesion, which in turn, lowers the melt viscosity and softening point of the polymer system.Tackifiers are a unique class of materials that are commonly used in certain adhesive formulations. They normally have low molecular weights and are resinous, but they have glass transition temperatures and softening temperatures that are often significantly above room temperature. It is this combination of the properties that make these materials useful for imparting “tack” and desirable viscoelastic properties in the formulation of pressure sensitive adhesives. Tackifiers are a principal component used to vary and refine both performance and processing properties of the adhesive. Global sales of tackifiers are 1119.2 K MT in 2017, increased from 884.7 K MT in 2013. The largest consumption region is Asia-Pacific, consumed 518.3 K MT in 2017. The second consumer is North America, owned 28.87% consumption share in 2017.

By Market Verdors:

Exxonmobil

Eastman

Kolon Industries

Cray Valley

Guangdong Komo

DRT

Zeon

Yasuhara Chemical

Harima Chemicals

Arakawa Chemical

Shanghai Jinsen

Kraton

IDEMITSU

RÜTGERS Group

By Types:

Hydrocarbon Resins

Rosin Esters

Terpene Resins

By Applications:

Hot Melt Adhesive

Pressure Sensitive Adhesive

Paint & Coating

Rubber

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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