Market Overview:
The global tackifier resins market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for adhesives and sealants in various end-use industries, such as construction, automotive, and packaging. In addition, the growing demand for paints and coatings is also contributing to the growth of the global tackifier resins market. Based on type, hydrocarbon resins are expected to account for a major share of the global tackifier resins market in 2018. This can be attributed to their high thermal stability and compatibility with most elastomers and plastics. Based on application, hot melt adhesive is expected to account for a major share of the global tackifier resins market in 2018.
Product Definition:
Tackifier resins are a type of resin used in adhesives. They are added to the adhesive to help it stick better to surfaces. This is important because it helps ensure that the adhesive will stay in place and not come loose.
Hydrocarbon Resins:
Hydrocarbon resins are a group of compounds derived from crude oil. The most common hydrocarbon resins include phenol-formaldehyde, bisphenol A (BPA), and alkylphenols. These products find application in various industries including construction, electrical & electronics, automotive industry and packaging among others. Growing demand for hydrocarbon resins in the form of coatings is expected to drive the market over the forecast period.
Rosin Esters:
The rosin esters are natural waxes, which are derived from pine oleoresin. They find application in the food industry as sizing agents and additives for adhesion of flavoring agents to foods. Rosin esters also act as a thickening agent and stabilizer in cosmetics, pharmaceuticals, paints & coatings industries. The growing demand for rosin ester-based tackifiers resins is expected to drive market growth over the forecast period.
Application Insights:
Hot melt adhesive was the dominant application segment in terms of revenue share in 2017. The product is widely used to manufacture hot-melt adhesives for use in various industries such as construction, automotive, and packaging. In addition, it finds applications as a component of several other products including pressure sensitive tapes and labels.
Pressure sensitive adhesive is anticipated to be the fastest growing application segment over the forecast period owing to increasing demand from numerous industries including food processing and textiles where high-temperature resistance properties are required for products that come into contact with food or textile fibers respectively. Increasing consumer disposable income has led to an increase in spending on luxury goods which has resulted in increased penetration of these products across major economies worldwide which will further boost industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to register a significant CAGR from 2018 to 2030 owing to increasing product demand from packaging, construction, automotive, and other industries. China has been one of the largest consumers of tackifier resins in Asia Pacific due to rapid industrialization coupled with an increase in infrastructure activities.
Europe was estimated at USD X million in 2017 and is projected to expand at a CAGR of XX% during the forecast period on account of rising product demand from major application sectors including adhesives & sealants, coatings & printing ink as well as rubber manufacturing sector especially tire production facilities located across Germany, U.K.
Growth Factors:
- Increasing demand for adhesives and sealants from the automotive and construction industries
- Rising demand for tackifier resins in Asia Pacific due to growth in end-user industries such as packaging, transportation, and construction
- Growing use of tackifier resins in hot melt adhesive formulations
- Increasing popularity of water-based adhesive systems over solvent-based systems
- Technological advancements that have led to the development of new tackifier resin products
Scope Of The Report
Report Attributes
Report Details
Report Title
Tackifier Resins Market Research Report
By Type
Hydrocarbon Resins, Rosin Esters, Terpene Resins
By Application
Hot Melt Adhesive, Pressure Sensitive Adhesive, Paint & Coating, Rubber, Other
By Companies
Exxonmobil, Eastman, Kolon Industries, Cray Valley, Guangdong Komo, DRT, Zeon, Yasuhara Chemical, Harima Chemicals, Arakawa Chemical, Shanghai Jinsen, Kraton, IDEMITSU, RuTGERS Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Tackifier Resins Market Report Segments:
The global Tackifier Resins market is segmented on the basis of:
Types
Hydrocarbon Resins, Rosin Esters, Terpene Resins
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hot Melt Adhesive, Pressure Sensitive Adhesive, Paint & Coating, Rubber, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Exxonmobil
- Eastman
- Kolon Industries
- Cray Valley
- Guangdong Komo
- DRT
- Zeon
- Yasuhara Chemical
- Harima Chemicals
- Arakawa Chemical
- Shanghai Jinsen
- Kraton
- IDEMITSU
- RuTGERS Group
Highlights of The Tackifier Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydrocarbon Resins
- Rosin Esters
- Terpene Resins
- By Application:
- Hot Melt Adhesive
- Pressure Sensitive Adhesive
- Paint & Coating
- Rubber
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tackifier Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tackifier resins are a type of resin that is used to adhere materials together. They can be used in a variety of applications, including adhesives for furniture, flooring, and other products.
Some of the major players in the tackifier resins market are Exxonmobil, Eastman, Kolon Industries, Cray Valley, Guangdong Komo, DRT, Zeon, Yasuhara Chemical, Harima Chemicals, Arakawa Chemical, Shanghai Jinsen, Kraton, IDEMITSU, RuTGERS Group.
The tackifier resins market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tackifier Resins Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tackifier Resins Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tackifier Resins Market - Supply Chain
4.5. Global Tackifier Resins Market Forecast
4.5.1. Tackifier Resins Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tackifier Resins Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tackifier Resins Market Absolute $ Opportunity
5. Global Tackifier Resins Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tackifier Resins Market Size and Volume Forecast by Type
5.3.1. Hydrocarbon Resins
5.3.2. Rosin Esters
5.3.3. Terpene Resins
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tackifier Resins Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tackifier Resins Market Size and Volume Forecast by Application
6.3.1. Hot Melt Adhesive
6.3.2. Pressure Sensitive Adhesive
6.3.3. Paint & Coating
6.3.4. Rubber
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tackifier Resins Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tackifier Resins Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tackifier Resins Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tackifier Resins Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tackifier Resins Demand Share Forecast, 2019-2026
9. North America Tackifier Resins Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tackifier Resins Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tackifier Resins Market Size and Volume Forecast by Application
9.4.1. Hot Melt Adhesive
9.4.2. Pressure Sensitive Adhesive
9.4.3. Paint & Coating
9.4.4. Rubber
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tackifier Resins Market Size and Volume Forecast by Type
9.7.1. Hydrocarbon Resins
9.7.2. Rosin Esters
9.7.3. Terpene Resins
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tackifier Resins Demand Share Forecast, 2019-2026
10. Latin America Tackifier Resins Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tackifier Resins Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tackifier Resins Market Size and Volume Forecast by Application
10.4.1. Hot Melt Adhesive
10.4.2. Pressure Sensitive Adhesive
10.4.3. Paint & Coating
10.4.4. Rubber
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tackifier Resins Market Size and Volume Forecast by Type
10.7.1. Hydrocarbon Resins
10.7.2. Rosin Esters
10.7.3. Terpene Resins
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tackifier Resins Demand Share Forecast, 2019-2026
11. Europe Tackifier Resins Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tackifier Resins Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tackifier Resins Market Size and Volume Forecast by Application
11.4.1. Hot Melt Adhesive
11.4.2. Pressure Sensitive Adhesive
11.4.3. Paint & Coating
11.4.4. Rubber
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tackifier Resins Market Size and Volume Forecast by Type
11.7.1. Hydrocarbon Resins
11.7.2. Rosin Esters
11.7.3. Terpene Resins
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tackifier Resins Demand Share, 2019-2026
12. Asia Pacific Tackifier Resins Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tackifier Resins Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tackifier Resins Market Size and Volume Forecast by Application
12.4.1. Hot Melt Adhesive
12.4.2. Pressure Sensitive Adhesive
12.4.3. Paint & Coating
12.4.4. Rubber
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tackifier Resins Market Size and Volume Forecast by Type
12.7.1. Hydrocarbon Resins
12.7.2. Rosin Esters
12.7.3. Terpene Resins
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tackifier Resins Demand Share, 2019-2026
13. Middle East & Africa Tackifier Resins Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tackifier Resins Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tackifier Resins Market Size and Volume Forecast by Application
13.4.1. Hot Melt Adhesive
13.4.2. Pressure Sensitive Adhesive
13.4.3. Paint & Coating
13.4.4. Rubber
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tackifier Resins Market Size and Volume Forecast by Type
13.7.1. Hydrocarbon Resins
13.7.2. Rosin Esters
13.7.3. Terpene Resins
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tackifier Resins Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tackifier Resins Market: Market Share Analysis
14.2. Tackifier Resins Distributors and Customers
14.3. Tackifier Resins Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Exxonmobil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eastman
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kolon Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cray Valley
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Guangdong Komo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DRT
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zeon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yasuhara Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Harima Chemicals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Arakawa Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanghai Jinsen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kraton
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IDEMITSU
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. RuTGERS Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
