Synthetic Tackifiers Market

Explore the Synthetic Tackifiers Market, including emerging trends, regional analysis, and future growth prospects

Improving Adhesive Performance: The Potential of Synthetic Tackifiers

Category: Chemicals & Materials

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ID: CVC-81274

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Format: PDF+Excel Dataset

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Published Date: Feb-23

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Pages: 300

Report Highlights

According to a research survey conducted by ChemView Consulting, Synthetic Tackifiers Market is estimated to be worth US$ 4.09 Bn in 2023. The market is expected to grow at a CAGR of 4.80 % between 2023 and 2033 to hit US$ 6.54 Bn by 2033 end.

Key Market Trends

The Future of Eco-Friendly Adhesives

With increasing awareness of the impact of traditional synthetic materials on the environment, the demand for sustainable alternatives has risen. The synthetic pacifiers market is no exception. In the coming years, we can expect the development and commercialization of synthetic tackifiers that are derived from renewable resources and have lower carbon footprints. These eco-friendly tackifiers will be used in a variety of applications such as packaging, automotive, and construction, to make products more sustainable and reduce waste.

Advanced Processing Techniques for High-Performance Synthetic Tackifiers

As the demand for high-performance adhesives continues to grow, manufacturers are turning to advanced processing techniques to improve the properties of synthetic tackifiers. In the near future, we can expect the development and use of techniques such as microencapsulation, emulsion polymerization, and surface modification to enhance the strength, durability, and thermal stability of synthetic tackifiers. These advanced processing techniques will open up new possibilities for the use of synthetic tackifiers in industries such as aerospace, electronics, and medical devices, where high-performance adhesives are critical.

Market Drivers

Adhesive Advancements: Synthetic Tackifiers Elevating Adhesive Performance

The growing demand for high-performance adhesives in industries such as packaging, construction, and automotive has driven the synthetic tackifiers market. These tackifiers enhance adhesive properties like bond strength, adhesion, and durability, making them essential for various bonding applications and ensuring reliable performance.

Flexible Formulations: Synthetic Tackifiers Supporting Customizable Adhesive Solutions

The increasing need for tailor-made adhesive solutions for specific applications has fueled the growth of the synthetic tackifiers market. These tackifiers offer the ability to customize adhesion properties, processing characteristics, and compatibility, allowing manufacturers to create specialized adhesive products for various industries.

Sustainable Solutions: Synthetic Tackifiers Embracing Eco-friendly Alternatives

As the focus on sustainability and environmentally friendly practices in the adhesives industry increases, the synthetic tackifiers market has evolved to incorporate greener alternatives. The development of bio-based and biodegradable synthetic tackifiers helps reduce environmental impact while maintaining adhesive performance, further driving market growth.

Segmentation Insights

After conducting a thorough analysis of the Synthetic Tackifiers Market, we have identified the top three trending segments in the industry. These segments are experiencing high demand, strong market growth, and widespread adoption.

Most Popular (Fastest Growth Rate)

Hydrocarbon Tackifiers (Hot Melt Adhesives)

Hydrocarbon Tackifiers have emerged as the most popular choice in the Synthetic Tackifiers Market for Hot Melt Adhesives. These tackifiers offer excellent thermal stability, low odour, and good compatibility with a wide range of polymers, making them ideal for use in hot melt adhesives used in packaging, construction, and textiles. The high performance and versatility of hydrocarbon tackifiers make them the preferred choice for consumers seeking reliable and effective adhesive solutions.

Most Selling (Largest Market Share)

Phenolic Tackifiers (Pressure Sensitive Adhesives)

Phenolic Tackifiers are the most selling product in the Synthetic Tackifiers Market for Pressure Sensitive Adhesives. These tackifiers offer exceptional adhesion and high-temperature resistance, making them ideal for use in pressure-sensitive adhesives used in the medical devices, paper and packaging, and construction industries. The high-quality and performance of phenolic tackifiers make them the go-to choice for consumers seeking effective and long-lasting adhesive solutions.

Trending (Gaining Traction)

Hydrocarbon Tackifiers (Polymer and Plastics)

Hydrocarbon Tackifiers are gaining significant traction in the Synthetic Tackifiers Market for Polymer and Plastics. These tackifiers offer excellent compatibility with a wide range of polymers and plastics, improving the adhesion properties and increasing the bonding strength. The versatility and ease of use of hydrocarbon tackifiers make them the trending choice for consumers seeking effective and efficient solutions in the polymer and plastics industry.

Regional Insights

Growing demand for green and sustainable products fuels the synthetic tackifiers market in North America

The demand for green and sustainable products is increasing rapidly in North America, driven by the growing awareness of the harmful effects of traditional products on the environment. Synthetic tackifiers, which are derived from petrochemicals, are known for their non-renewable nature and harmful effects on the environment. As a result, the demand for green and sustainable alternatives to synthetic tackifiers is increasing in North America.

The development of bio-based tackifiers is one of the key trends in the synthetic tackifiers market in North America. These tackifiers are derived from renewable sources such as plant resins and are environmentally friendly. Additionally, they offer similar adhesive properties to synthetic tackifiers, making them suitable for use in various applications.

Increasing Awareness about Sustainable Products to Boost the Synthetic Tackifiers Market in Asia Pacific

The synthetic tackifiers market in the Asia Pacific region is expected to witness significant growth in the coming years due to the increasing awareness about sustainable products. As consumers become more conscious about the environmental impact of products, there is a growing demand for eco-friendly and sustainable solutions across various industries.

Synthetic tackifiers offer several sustainable benefits, such as reduced carbon footprint, lower energy consumption, and longer product lifespan. This has resulted in an increased adoption of synthetic tackifiers in various applications, including packaging, automotive, and construction.

Report Includes

Market Size Data

  • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
  • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
  • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
  • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
  • Incremental dollar opportunity generated in the forecast period would be indicated
  • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

Market Background

  • Macroeconomic factors that impact the market developments
  • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
  • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
  • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
  • Trade analysis and analysis of key supply and demand hubs
  • Identification of hotbed opportunities existing in the market
  • Porter’s and PEST analysis to understand the business environment of the geography
  • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

Pricing Analysis

  • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
  • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
  • Cost teardown analysis and key factors impacting pricing

Value Chain Analysis

  • Country-wise list of raw material suppliers
    • Raw material price trends and buyers’ sentiment
    • Overview of Intelligent Sourcing Technique
    • Raw material procurement requirements
    • Vendor selection criteria
  • Country-wise list of product manufacturers
  • Country-wise list of distributors/traders
  • Country-wise list of end-users
    • End-Users/Customers consumption mapping
    • Key End-Users/Customers client list
  • Country-wise list of other key channel partners
  • Average profitability margins
  • Regional value chain dynamics

Competition Analysis

    • Market shares and production capacities of key players
    • Tier structure analysis of market
    • Comprehensive competition dashboard representing the top 10-15 players in the market
    • Individual company profiles of top 15 to 20 manufacturers
      • Business Overview
      • Product Portfolio
      • Key Financials
      • Recent Developments
      • SWOT Analysis
      • Strategies

Research Scope/Taxonomy
Market Analysis by Types:

  • Hydrocarbon
  • Phenolic

Market Analysis by Application:

  • Hot Melt Adhesives
  • Pressure Sensitive Adhesives
  • Solvent Based Adhesives
  • Natural Rubber Systems
  • Synthetic Rubber Systems

Market Analysis by End use:

  • Paints and Coatings
  • Polymer and Plastics
  • Medical Devices
  • Paper and Packaging
  • Construction
  • Textile

Market analysis by region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Middle East & Africa
  • East Asia
  • South Asia & Pacific

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

Key Companies Profiled

  • Exxon Mobil Corporation
  • Eastman Chemical Company
  • Hexion Inc.
  • Kraton Corporation
  • Enterplast, Inc.
  • Harima Chemicals Inc.
  • Asahi Chemical Synthetic Co., Ltd
  • Taoka Chemical Co., Ltd
  • Pukhraj Additives LLP
  • Pinova Inc.
  • Full Service S.R.L

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1. Executive Summary
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definitions
3. Research Methodology
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4. Key Emerging Trends Analysis
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5. Global Synthetic Tackifiers Market Value (US$ Mn) and Volume (Tons) Analysis
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6. Global Synthetic Tackifiers Market Pricing Analysis
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7. Cross-Sectional Analysis
7.1. Cross Analysis of Application W.R.T. Product Types
8. Supply Vs. Demand Analysis
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9. Market Background
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10. Global Synthetic Tackifiers Market 2017 – 2032 By Types
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Types [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. Hydrocarbon
10.3.2. Phenolic
10.4. Market Attractiveness Analysis by Types
11. Global Synthetic Tackifiers Market 2017 – 2032 by Application
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Hot Melt Adhesives
11.2.2. Pressure Sensitive Adhesives
11.2.3. Solvent Based Adhesives
11.2.4. Natural Rubber Systems
11.2.5. Synthetic Rubber Systems
11.3. Market Attractiveness Analysis by Application
12. Global Synthetic Tackifiers Market 2017 – 2032 by End-Use
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-Use [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Paints and Coatings
12.2.2. Polymer and Plastics
12.2.3. Medical Devices
12.2.4. Paper and Packaging
12.2.5. Construction
12.2.6. Textile
12.3. Market Attractiveness Analysis by End-Use
13. Global Synthetic Tackifiers Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia-Pacific
13.3.5. Middle East
13.3.6. Africa
13.4. Market Attractiveness Analysis by Region
14. North America Synthetic Tackifiers Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. U.S.
14.3.1.2. Canada
14.3.2. By Types
14.3.3. By Application
14.3.4. By End-Use
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Types
14.4.3. By Application
14.4.4. By End-Use
15. Latin America Synthetic Tackifiers Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Brazil
15.3.1.2. Mexico
15.3.1.3. Rest of Latin America
15.3.2. By Types
15.3.3. By Application
15.3.4. By End-Use
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Types
15.4.3. By Application
15.4.4. By End-Use
16. Europe Synthetic Tackifiers Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Germany
16.3.1.2. Italy
16.3.1.3. France
16.3.1.4. UK
16.3.1.5. Spain
16.3.1.6. Netherlands
16.3.1.7. Norway
16.3.1.8. Russia
16.3.1.9. Rest of Europe
16.3.2. By Types
16.3.3. By Application
16.3.4. By End-Use
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Types
16.4.3. By Application
16.4.4. By End-Use
17. Asia-Pacific Synthetic Tackifiers Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.1.4. India
17.3.1.5. Indonesia
17.3.1.6. Thailand
17.3.1.7. Vietnam
17.3.1.8. Australia & New Zealand
17.3.1.9. Rest of Asia-Pacific
17.3.2. By Types
17.3.3. By Application
17.3.4. By End-Use
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Types
17.4.3. By Application
17.4.4. By End-Use
18. Middle East Synthetic Tackifiers Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. Saudi Arabia
18.4.1.2. Turkey
18.4.1.3. U.A.E.
18.4.1.4. Rest of the Middle East
18.4.2. By Types
18.4.3. By Application
18.4.4. By End-Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Types
18.5.3. By Application
18.5.4. By End-Use
19. Africa Synthetic Tackifiers Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. South Africa
19.4.1.2. Nigeria
19.4.1.3. Egypt
19.4.1.4. Rest of Africa
19.4.2. By Types
19.4.3. By Application
19.4.4. By End-Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Types
19.5.3. By Application
19.5.4. By End-Use
20. Competition Analysis
20.1. Tier Structure Breakdown
20.2. Market Share Analysis
20.3. Production Capacity Analysis
20.4. Company Footprint Analysis
20.4.1. Product Footprint of Players
20.4.2. Regional Footprint of Players
20.4.3. Channel Footprint of Players
20.5. Brand Preference Analysis
20.6. Competition Dashboard
21. Company Profiles
21.1. Exxon Mobil Corporation
21.1.1. Company Overview
21.1.2. Product & Financial Portfolio
21.1.3. Manufacturing Facilities
21.1.4. Recent Developments
21.1.5. SWOT Analysis
21.1.6. Strategy Overview
21.2. Eastman Chemical Company
21.3. Hexion Inc.
21.4. Kraton Corporation
21.5. Enterplast, Inc.
21.6. Harima Chemicals Inc.
21.7. Asahi Chemical Synthetic Co., Ltd
21.8. Taoka Chemical Co., Ltd
21.9. Pukhraj Additives LLP
21.10. Pinova Inc.
21.11. Full Service S.R.L
22. Assumptions and Acronyms

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