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Packaging end-use industry is expected to the dominate tackifier market by 2020

The tackifier market is projected to reach USD 3.56 Billion by 2020, at a CAGR of 4.8% from 2015 to 2020. Based on end-use industry, the tackifiers market has been segmented into packaging, bookbinding, nonwoven, construction/assembly, and others.

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Packaging end-use industry is expected to the dominate tackifier market by 2020

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  1. Tackifier Market Tackifier Market By End-use Industry, Type, Form ,Application, & Region - Global Forecast To 2020 View Full Report @ https://bit.ly/2TcGhAI

  2. Introduction • The report "Tackifier Market By End-use Industry (Packaging, Bookbinding, Nonwoven, Construction/Assembly), Type (Synthetic & Natural), Form (Solid, Liquid, Resin Dispersion) Application (PSA & HMA), by Region - Global Forecast To 2020", is projected to reach USD 3.56 Billion by 2020, at a CAGR of 4.8% from 2015 to 2020. View Full Report @ https://bit.ly/2TcGhAI

  3. Drivers & Restrains • The growth of this market is driven by the increasing demand from the adhesives industry. • The adhesives industry has been witnessing a change in recent times, owing to the increased demand for high standard performance adhesives across various end-use industries. • These developments in the adhesives industry, are expected to consequently drive the growth of the tackifiers market. • Estimating the future demand is a prime challenge for the tackifiers market, due to the economic slowdowns in various parts of the globe in the past decade. • Many economies in the North America and European region have still not recovered completely, which has affected the demand for tackifiers from major end use industries in this region. View Full Report @ https://bit.ly/2TcGhAI

  4. Industrial Insights • Packaging is the largest end-use industry for tackifiers, wherein tackifiers are used in flexible packaging, cases, cartoons, labels, and envelopes, among others. • The demand for high quality packaging feedstocks, which have the capability to provide high cost versus performance benefits, such as correct open and setting time for successful closing of packaging products as well as growing demand from the food and beverages industry, is projected to boost the growth of the tackifier market in the near future. • The synthetic tackifiers segment accounted for a larger share of the overall market. • The synthetic type of tackifiers are made from petroleum-based hydrocarbon resins, which include aliphatic resins (C5), aromatic (C9), and aliphatic/aromatic (C5/C9). • With the development of the urban infrastructure and increased manufacturing activities, predominantly in the Asia-Pacific region and the recent decline in the crude oil prices are other factors that are expected to aid the growth of the synthetic tackifiers segment. View Full Report @ https://bit.ly/2TcGhAI

  5. Regional Insights • The tackifier market in Asia-pacific is anticipated to grow at the highest CAGR between 2015 and 2020. • The economies in China and India have witnessed growth, fuelled by the increased construction activities and investments in the expansion or upgradation of manufacturing facilities. • The improving standard of living and growing middle class population are expected to lead to growth in the tackifier end-use industries, such as packaging, nonwoven, and construction/assembly. • China, Japan, and India are the major economies in Asia-Pacific and are expected to provide opportunities for the growth of tackifier end-use industries in near future. • Initiatives taken by governments to promote growth in the manufacturing sectors will further aid the growth of the tackifiers market in these countries. View Full Report @ https://bit.ly/2TcGhAI

  6. Key Players • Eastman (U.S.), Arkema (France), DRT (DérivésRésiniques et Terpéniques) (France), ExxonMobil Chemical (U.S.), Lawter (U.S.), Yasuhara Chemical (Japan), WestRock (U.S.) are some of the major players that are operating in tackifier market. • These market players has a wide market reach with established distribution network and are investing more on the research and development activities. • The market players has strong technical and market development capabilities that enabled it to upgrade its existing products for new market applications. View Full Report @ https://bit.ly/2TcGhAI

  7. About Us • MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. • Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach Markets and Markets™ for their pain points around revenues decisions. • MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. View Full Report @ https://bit.ly/2TcGhAI

  8. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. View Full Report @ https://bit.ly/2TcGhAI

  9. Contact Us: Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com View Full Report @ https://bit.ly/2TcGhAI

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