Global Rubber Tackifier Resins Market Growth 2023-2029

Global Rubber Tackifier Resins Market Growth 2023-2029

The global Rubber Tackifier Resins market size is projected to grow from US$ 1207.7 million in 2022 to US$ 1765 million in 2029; it is expected to grow at a CAGR of 1765 from 2023 to 2029.

Global rubber tackifiers are mainly produced by BASF, SI Group, Kolon Industries, Red Avenue New Materials, Zeon, Cray Valley, Yanggu Huatai Chemical, etc. The top eight manufacturers occupy more than 50% of the market share, of which the largest manufacturer is BASF with 24.68% of the market share. Global rubber tackifiers production regions are mainly located in North America, Germany, China, Japan, South Korea, etc. In terms of product categories, phenolic resins have a higher market share of 51.77%, followed by hydrocarbon resins with a 36.39% share. In terms of its applications, the automotive industry is its top application area, accounting for 75.05% of the market share, followed by medical with 11.45%.

Rubber tackifier is a kind of thermoplastic resin, which is safe for high-performance compounding process, soluble in benzene and toluene, and can be stored in airtight containers at room temperature for a long time.Tackifier resin for rubber is used extensively in the manufacture of rubber articles, especially in the making of tires for the mobility industry.

LPI (LP Information)' newest research report, the “Rubber Tackifier Resins Industry Forecast” looks at past sales and reviews total world Rubber Tackifier Resins sales in 2022, providing a comprehensive analysis by region and market sector of projected Rubber Tackifier Resins sales for 2023 through 2029. With Rubber Tackifier Resins sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rubber Tackifier Resins industry.

This Insight Report provides a comprehensive analysis of the global Rubber Tackifier Resins landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rubber Tackifier Resins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rubber Tackifier Resins market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rubber Tackifier Resins and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rubber Tackifier Resins.

This report presents a comprehensive overview, market shares, and growth opportunities of Rubber Tackifier Resins market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Phenolic Resin
Hydrocarbon Resins
Others

Segmentation by application
Automotive
Industrial
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
SI Group
Kolon Industries
Red Avenue New Materials
Zeon
Cray Valley
Yanggu Huatai Chemical
Exxonmobil
Sumitomo
DRT
Eastman
Guangdong Komo
Jiangsu Guoli Chemical Technology
Wuhan Jing He Chemical
Arakawa Chemical
Schill+Seilacher
M&B GreenUs
Lawter (Harima)
Shandong Landun Petroleum Resin
Yasuhara Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rubber Tackifier Resins market?

What factors are driving Rubber Tackifier Resins market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Rubber Tackifier Resins market opportunities vary by end market size?

How does Rubber Tackifier Resins break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.