In terms of revenue, the Global Tackifiers For Hot Melt Adhesives Market was valued at US$ 1582.17 Mn in 2020 growing at a CAGR of 3.9% over the forecast period (2021 – 2030).
Absolute Markets Insights has published a comprehensive analysis of its massive repository titled as Tackifiers For Hot Melt Adhesives Market. This informative data has been scrutinized by using effective exploratory techniques such as primary and secondary research methodologies. Different dynamic methodologies of the businesses have been elaborated to get a complete and detailed description of changing variables. To provide an effective business outlook, different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porter’s Five model have been used for analyzing the Tackifiers For Hot Melt Adhesives market on the basis of strengths, challenges and global opportunities in front of the businesses.
The major key pillars for global Tackifiers For Hot Melt Adhesives market are listed below: Arakawa Chemical Industries, Ltd., BASF SE, Cray Valley, DRT, Eastman Chemical Company, ExxonMobil, Harima Chemicals Group, Inc., Kolon Industries, Inc., Kraton Corporation, Rain Carbon Germany GmbH, Yasuhara Chemical Co., Ltd., and Zeon Corporation
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According to Absolute Markets Insights report, Rosin resins is expected to grow at the fastest rate during 2021-2030 period in the global tackifiers for hot melt adhesives market. Low prices, abundant availability, natural origin and chemical modification potential are some of the major factors projected to drive the segment growth at proliferative rate. The utility of such resins can be enhanced via several modifications including hydrogenation, dimerization, functionalization, esterification or by combination of aforementioned modifications. Commercially derived products include rosin esters, hydrogenated rosin resins, dimerized rosin resins and modified rosin resin. High demand for such products for construction, cord strapping, carpeting & textiles, and automotive applications is projected to further propel the product demand.
Segmentation of Tackifiers For Hot Melt Adhesives Market:
By Type of Resin:
- Hydrocarbon Resins
- Rosin Resins
- Terpene Resins
- Others
By Form:
- Solid
- Molten
- Liquid
By Application:
- Packaging
- Corrugated Board
- Non-pressure Sensitive Labels, Signs, Decals and Marking Systems
- Flexible & Specialty Packaging
- Composite Containers and Tubes
- Others
- Nonwovens & Disposables
- Automotive
- Bookbinding
- Electronics
- Shoemaking
- Road Marking
- Woodworking
- Building and Construction
- Textiles
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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