Get In Touch

Tackifiers Market: Overview

Tackifiers are low-molecular-weight compounds which are used as additives for adhesive formulations in order to enhance the tack and peel adhesion. They disperse in the polymer matrix as their structure disintegrates. Due to this, they help in improving the tack and mobility of the base polymer.

Tackifiers possess exceptional viscoelastic properties as they possess high glass transition temperature, high softening temperature, and low molecular weight. They assist in specific adhesion and bridging of base polymers. They also reduce molecular cohesion. These properties of tackifiers result in lowering the melt viscosity of the polymer system.

Tackifiers can generally be resins such as aliphatic and aromatic resins, rosins and their derivatives, terpenes, terpene-phenol resins and modified terpenes, and hydrocarbon resins. The solubility of tackifier resins in the base polymer is determined based on factors such as their polarity and molecular distribution. If the resin is not compatible with the base polymer, it does not affect properties of the polymer. This may result in ineffective tack and adhesion for the base polymer.

Selection of tackifier resin depends on the base polymer being used. For instance, resins with high aromaticity are favored to be used with polar polymers such as acrylics and urethanes. Similarly, aliphatic resins are typically preferred for use with non-polar polymers such as chloroprene and natural rubber.

Tackifiers Market: Key Segments

Based on resin, the market for tackifiers can be segmented into rosin resins, terpene resins, and hydrocarbon resins.

  • Rosin ester resins are obtained from pine trees. They are one of the most commonly used, conventional tackifier resins. There are three types of rosin resins: tall oil resin, wood rosin, and gum rosin. Rosin resins are typically compatible with a majority of base polymers and they offer exceptional tack. They are inexpensive compared to terpene resins.
  • Hydrocarbon resins are derived from petroleum feedstocks. They are generally synthesized from petroleum-based byproducts of naphtha crackers. There are three key classes of hydrocarbon resins: C5 aliphatic resins, C9 aromatic resins, and DCPD cycloaliphatic resins. Sometimes, hydrogenation of hydrocarbon resins is carried out in order to lower discoloration or yellowing of the resin. The hydrogenation also results in enhanced stability of resins against heat and UV rays. Hydrocarbon resins are inexpensive compared to rosin resins.
  • Terpene resins are derivatives of turpentine oil, which is obtained from citrus fruits or pine wood. Different types of terpene resins are available in the market. Key grades comprise phenol-modified terpenes, styrene-modified terpenes, and pinene-based polyterpenes. Terpene resins are compatible with a wide variety of base polymers. They offer exceptional heat resistance along with peel adhesion to pressure-sensitive adhesive formulations and hot melt adhesive formulations. However, they are highly expensive compared to hydrocarbon resins and rosin resins.

Tackifiers are primarily applied in sealants, pressure–sensitive adhesives, contact adhesives, and assembly adhesives. Formulations of these adhesives and sealants wherein tackifiers are used can be solvent-borne, waterborne, hot-melt, or reactive. Key end-user industry segments of the market for tackifiers are packaging, building & construction, transportation, electrical & electronics, footwear & leather, road marking, and others.

Tackifiers Market: Regional Outlook

Based on geography, the global market for tackifiers can be divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific tackifiers market is anticipated to expand at a significant growth rate during the forecast period. Growth of the market in Asia Pacific can be attributed to development of manufacturing infrastructure, easy availability of raw materials, and technological advancements in the region. Additionally, countries such as China, India, South Korea, and Taiwan are projected to contribute to the market in the region in the near future. Moreover, Asia Pacific is projected to dominate the global market during the forecast period. The market in the region is likely to expand at a significant growth rate from 2018 to 2026.

Furthermore, the market in North America is also projected to expand at a significant rate in the near future. Rapid growth of sectors such as automotive, aerospace, and construction and increase in the demand for adhesives and sealants in diverse manufacturing industries are estimated to propel the tackifiers market in North America between 2018 and 2026.

Tackifiers Market: Key Players

Key players operating in the global tackifiers market include Exxon Mobil Corporation, Kraton Polymers, Eastman Chemical Company, and SI Group Inc. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Tackifiers Market

Pre Book