he tackifiers market is projected to reach USD 3.56 Billion by 2020, at a CAGR of 4.8% from 2015 to 2020. The key factor responsible for the growth of the tackifiers market is the increased demand from the adhesives industry.

Get More Information Here...
http://www.marketsandmarkets.com/Market-Reports/tackifier-market-68258568.html
Tackifiers 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
Get a Copy of PDF Brochure @ http://bit.ly/1pH8iy0

Speak to Analyst @ http://bit.ly/1Wle5DQ

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 tackifiers 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.

The tackifiers 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.
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.

Contact:
Mr. Rohan
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]