Aqueous Tackifier Resin Dispersion Market (2027): Pressure sensitive applications is driving force behind the growth of this industry

The Aqueous Tackifier Resin Dispersion market was valued at USS 675 million in 2019 and expected to grow at a CAGR of 8% during the forecast period from 2020 to 2027 to reach around USD 930 million in 2027.

Global Aqueous Tackifier Resin Dispersion Market, 2015 – 2027 (USD Million)

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Aqueous Tackifier Resin Dispersions are of crucial importance for improving the adhesion and cohesion performance of pressure sensitive as well as hot melt adhesives. Aqueous Tackifier Resin Dispersion is added to many other dispersions such as PVE, EVA, SBR, NBR, etc. for the desired changes in adhesion properties. Earlier Tackifier Resin Dispersions are used to include high levels of volatile organic solvents. However, with increasing environmental concerns due to VOC, solvent-free Aqueous Tackifier Resin Dispersions are now more widely used.

Key Trends in Global Aqueous Tackifier Resin Dispersion Market

Strong Demand for Aqueous Tackifier Resin Dispersion in Pressure Sensitive Adhesive Application

Strong demand for Aqueous Tackifier Resin Dispersion in pressure sensitive applications is the main driving force behind the growth of this industry. Pressure sensitive adhesives are used mainly in contact adhesion and flooring applications. Labeling and tapes also drive demand for pressure sensitive applications. Aqueous Tackifier Resin Dispersions are typically used in labels, tapes and decals based on different types of natural and synthetic rubber latex or emulsion polymers. With increasing demand for pressure sensitive adhesives, demand for Aqueous Tackifier Resin Dispersion is likely to increase.

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Impact of COVID 19 on Global Aqueous Tackifier Resin Dispersion Market

COVID 19 has had an unparalleled impact on the growth of the global Aqueous Tackifier Resin Dispersion industry. The global Aqueous Tackifier Resin Dispersion has seen very serious setbacks as never before. The demand for Aqueous Tackifier Resin Dispersion is expected to fall by almost 20% in 2020 both in terms of volume and revenue. However, with the start of the worldwide unlocking process and anticipation of the launch of the COVID 19 vaccine in the first half of 2020, the demand for Aqueous Tackifier Resin Dispersion is expected to recover.

Global Aqueous Tackifier Resin Dispersion Market by Type Insights

Based on its type, the global market for Aqueous Tackifier Resin Dispersion can be segmented into Synthetic tackifiers and Natural tackifiers. The Synthetic tackifiers segment by type dominated the global market for Aqueous Tackifier Resin Dispersion with a share of more than 60 per cent in 2019. Natural roses also had a significant market share in 2019. The most commonly used natural tackifiers are rosins and rosin derivatives as well as terpenes.

Global Aqueous Tackifier Resin Dispersion Market by Application Insights

Based on its Applications, the global market for Aqueous Tackifier Resin Dispersion can be segmented into Pressure sensitive adhesives (PSA) and Hot melt adhesives (HMA). By application, Pressure sensitive adhesives was the largest segment in 2019, accounting for more than 65 percent of the total revenue generated by this industry. Pressure-sensitive adhesives are growing in demand as a result of an increase in the market for tapes and labels worldwide. This, in turn, fueled the growth of the Aqueous Tackifier Resin Dispersion market.

Global Aqueous Tackifier Resin Dispersion Market Share by Application, 2019

Packaging, Bookbinding, Nonwoven, Construction/assembly and Others are some of the major end-user industries for Aqueous Tackifier Resin Dispersion. Packaging was the largest end-user industries for Aqueous Tackifier Resin Dispersion.

Global Aqueous Tackifier Resin Dispersion Market by Regional Insights

Asia Pacific accounted for more than 40% of the total revenue generated by the global Aqueous Tackifier Resin Dispersion market in 2019. North America followed Asia Pacific. Asia Pacific Aqueous Tackifier Resin Dispersion is likely to hold the largest market share in the forecast period. The ever-increasing end-user industries in the region are mainly driving the growth of Aqueous Tackifier Resin Dispersion in Asia Pacific. Packaging and automotive are the largest end-use industries for Aqueous Tackifier Resin Dispersion and currently run by Asia Pacific. Despite current low consumption, Latin America and the Middle East and Africa have significant potential to grow in the years to come.

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Global Aqueous Tackifier Resin Dispersion Market Competitive Landscape

Key players operating in the field of manufacturing Aqueous Tackifier Resin Dispersion including but not limited to Eastman Chemical, Kraton, Dyna-Tech Adhesives, Lawter, DANQUINSA, Harima Chemicals, BAOLIN, RESPOL RESINAS, Schill + Seilacher, ExxonMobil, Arizona Chemicals, Arkema, DRT, Guangdong Komo Co. Ltd., Yasuhara Chemical Co., Ltd. and Arakawa Chemical. Global Aqueous Tackifier Resin Dispersion market is highly fragmented with large number of players. Most of players are focusing improvement of their distribution network to increase their reach to end-users. Major companies are focusing on extensive research and development to have competitive advantage over their rivals with development of innovative products.

Market Segmentation

Global Aqueous Tackifier Resin Dispersion Market by Type, 2015 – 2027

·       Synthetic tackifiers

·       Natural tackifiers

Global Aqueous Tackifier Resin Dispersion Market by Application, 2015 – 2027

·       Pressure sensitive adhesives (PSA)

·       Hot melt adhesives (HMA)

Global Aqueous Tackifier Resin Dispersion Market by End-user, 2015 – 2027

·       Packaging

·       Bookbinding

·       Nonwoven

·       Construction/assembly

·       Others

Global Aqueous Tackifier Resin Dispersion Market by Region, 2015 – 2027

·       North America

·       Europe

·       Asia Pacific

·       Latin America

·       Middle East and Africa

Global Aqueous Tackifier Resin Dispersion Market: Key Players

·       Eastman Chemical

·       Kraton

·       Dyna-Tech Adhesives

·       Lawter

·       DANQUINSA

·       Harima Chemicals

·       BAOLIN

·       RESPOL RESINAS

·       Schill + Seilacher

·       ExxonMobil

·       Arizona Chemicals

·       Arkema

·       DRT

·       Guangdong Komo Co. Ltd.

·       Yasuhara Chemical Co., Ltd.

.        Arakawa Chemical

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Blog: Aqueous Tackifier Resin Dispersions Market is growing at a CAGR of 8% during the forecast period

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About Us Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Media Contact Name: Charlie Geffen Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US (US/CANADA) Ph.: +1-800-361-8290 E-mail: sales@credenceresearch.com

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