APAC Tackifier Market - Industry Trends and Forecast to 2031
Asia-Pacific tackifier market is expected to reach USD 18,05,791.34 thousand by 2030 from USD 13,10,960.60 thousand in 2022, growing at a CAGR of 4.4% during the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Tackifier Market, By Product (Hydrocarbon Resins, Rosin Resins, and Terpene Resins), Feedstock (Synthetic Tackifiers and Natural/Biobased Tackifiers), Form (Solid, Liquid, and Resin Dispersion), Application (Pressure Sensitive Adhesives (PSA), Hot Melt Adhesives (HMA), and Others), End-User (Packaging, Construction/Assembly, Nonwoven, Bookbinding, and Others), Country (China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Taiwan, Vietnam, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2030
Overview of Asia-Pacific Tackifier Market Dynamics
Driver
• Increase in demand of hot melt adhesives
Restraint
• Fluctuation in raw material price
Opportunity
• Increasing collaboration and partnership among market players
Market Players
Some of the key players operating in the Asia-Pacific tackifier market are:
• Henkel AG & Co. KGaA
• ZEON CORPORATION
• Eastman Chemical Company
• Arkema
• Kolon Industries, Inc.
• H.B. Fuller Company
• BASF SE
• Exxon Mobil Corporation
• SI Group, Inc.
• KRATON CORPORATION
• Cray Valley
• Arakawa Chemical Industries,Ltd.
• YASUHARA CHEMICAL CO., LTD.
• Lawter, A Harima Chemicals, Inc. Company
• Lesco Chemical Limited
• TECKREZ, INC.
• Henan Anglxxon Chemical Co.,Ltd.
• Robert Kraemer GmbH & Co. KG