KEY FINDINGS The U.S tackifier market is estimated to develop at a CAGR of 2.7% across the forecasted years 2017-2025. The U.S market of tackifiers is expected to evolve $387.3 million by 2024. The forecasted years in the tackiers market are 2017-2025. And the deliberated base year for the analysis of tackifier market is 2016. Growth in the requirement from end-user industry for adhesives, advancement in tire industry products, and evolving demand from the packaging industry are proliferating the development of the tackifier market in the U.S.
MARKET INSIGHTS The U.S tackifiers market is segmented on the basis of application, form, type, and end-use. The market by type is further bifurcated into synthetic tackifiers and natural tackifiers. The application segment is divided into pressure sensitive adhesive, hot melt adhesives, and others. The market by end-use is further divided into packaging, book binding, non-woven, construction/assembly and others. The tackifier market by form is divided into solid tackifier which is further bifurcated into resin desperation tackifiers and liquid tackifiers.
Tackifiers consists of added substances to analyze the tack properties of a substance that is chiefly utilized to provide cohesion in lubricants and stringiness in oil. Tackifiers are similarly used as consolidated agents in tire production.
COMPETITIVE INSIGHTS The key giants in the tackifiers market of U.S are Arkema, Arakawa Chemical Industries, Guangdong Komo Co., Ltd., Arizona Chemical, DRT, Westrock, Chemical Company (Eastman), Westrock, Lawter, Eastman Yasuhara Chemical Ltd., and ExxonMobil Chemical.