Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.6 Billion | USD 5.72 Billion | 4.82% | 2021 |
FrequentlyAsked Questions
The global tackifier market is projected to grow owing to the increasing application of tackifiers in the automotive and automobile segment. Adhesion sealants are extensively used in joint or welded areas between various structures including civil work vehicles, auto bodies, and construction vehicles.
According to Zion Market Research, the global tackifier market size was worth around USD 3.6 billion in 2021 and is predicted to grow to around USD 5.72 billion by 2028 with a compound annual growth rate (CAGR) of roughly 4.82% between 2022 and 2028.
The global tackifier market is projected to be dominated by Asia-Pacific in the coming years as it did in 2021 due to increased demand for synthetic and natural tackifiers for the production of labels and tapes, along with rising applications in the packaging, and bookbinding sector.
The global tackifier market is dominated by players like Eastman Chemical Company, Arakawa Chemical Industries Ltd, Foreverest Resources Ltd, Snowtack, KRATON CORPORATION, ZEON CORPORATION, Robert Kraemer GmbH & Co. KG, and YS RESIN PX.
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