Asia-Pacific Tackifiers Market Worth USD 1.15 Billion by 2021

The report “Asia-Pacific tackifiers Market by type (synthetic and natural), application (pressure sensitive adhesive, hot melt adhesive, and others), form (solid, resin dispersion, and liquid), end-use industry (packaging, book binding, nonwoven, construction/assembly, and others), and by region”, Asia-Pacific Tackifiers Market Is Projected to reach USD 1.15 billion by 2021 at CAGR of 7.4% from 2016 to 2021.

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Solid Form of tackifiers are expected to dominate Asia-Pacific tackifiers market by 2021

Based on form, the tackifiers market has been classified into solid, resin dispersion, and liquid. Tackifiers are manufactured and supplied in three of the above-mentioned form to meet the specific logistics requirements. Tackifiers are generally supplied in solid form, such as flaked and pellets that can be converted into lump, block, or fuse depending upon the circumstances. Solid tackifiers are expected to maintain its high share in tackifiers market by 2021.

Packaging industry to dominate the Asia-Pacific tackifiers market by 2021

The Packaging was the largest end-use industry in Asia-Pacific in 2015 followed by book-binding and nonwoven. Tackifiers are used in the manufacturing of adhesives, which are further processed and used in the packaging industry. Packaging industry is the largest end-user industry of adhesives, and consumes around 65% of the total adhesive production globally, thus driving the demand for the tackifiers in packaging industry.

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The key players operating in the Asia-Pacific tackifiers market are Eastman (U.S.), ExxonMobil (U.S.), Arizona Chemicals (U.S.), Arkema (France), DRT (Dérivés Résiniques et Terpéniques) (France), Lawter (U.S.), Guangdong Komo Co. Ltd (China), Yasuhara Chemical Co., Ltd, (Japan), and Arakawa Chemical (Japan), among others.

Brief information on Research methodology for the report can be found in the report description provided on website.

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