Tackifiers are generally resins and can be classified as chemical compounds used in formulating adhesives applications to enlarge the tack, and the stickiness of the adhesive surface since as usually have low-molecular-weight with high glass transition temperature provide higher stress compliance at a slow strain rate. According to BlueQuark Research & Consulting, the global Tackifiers market is expected to witness significant growth during the forecasted period. Factors like growing urban infrastructure in the construction industry are expected to dominate the Tackifier market during the forecasted period. Further, the pressure-susceptible adhesive is projected to control the global Tackifier market and is also estimated to grow. Tapes can be contemporary, medical, or subjective based on the application in which they are operated. Furthermore, the Tackifiers are commonly aliphatic and aromatic resins, rosins, and their derivatives, thus increasing the Tackifier market growth during the forecasted period. However, the emerging Tackifier-free adhesives market is hindering the growth of the market growth. Growing market penetration of limonene components may hinder the Tackifier market development in the period mentioned above. Variations in raw material rates will act as an obstacle to market growth.

Tackifiers are used in numerous applications, such as assembly adhesives and labels, bookbinding adhesives, leather, different construction adhesives, and adhesives used mainly for rubber and footwear products. Tackifiers are used for paperback binding, hard binding, covers binding, and library binding.

The building and construction sector is the foremost user of Tackifiers due to their rising demand for applications as growing urban infrastructure in developing countries. Pressure-sensitive and water-borne adhesives are in significant need in the building and construction industry for heating, ventilation, air conditioning, air concrete, joint cement, manufactured housing, resilient flooring, etc. These adhesives use a significant percentage of Tackifiers to improve the tack, peel, and surface bond. The rising demand for cement and sealant in several manufacturing industries in developing countries is expected to enhance the demand for Tackifier resins. These resins are consumed in multiple applications, including tapes & labels, construction adhesives, assembly adhesives, and rubber & leather adhesives. Tackifier resins are worn extensively to manufacture rubber products, including tires for heavy vehicles. Growth in the automobile industry and the rise in demand for rubber articles are predicted to drive the Tackifier resins market during the forecasted period. Rosin resin is the oldest natural raw material for the adhesives industry and is derived from the pine tree. Rosin resins are compatible with all significant base polymers, including ethylene-vinyl acetate and offer exceptional tack due to rich adhesive properties. The rapid development in major sectors like automotive, construction and electronics has led to an increase in demand for adhesives. Tackifier is an additive in making adhesives such as hot melt adhesives and pressure-sensitive adhesives. Hot melt adhesives are used in automotive for bonding carpet, headliner, door panels and insulation of wires, while pressure-sensitive adhesives are used for automotive interior trim assembly. The rise in production of automobiles on account of growing demand has positively impacted the usage of bonds in the automotive industry.

The Asia Pacific is expected to proliferate due to rapidly increasing applications in large and expanding industrial bases in the region, especially in developing nations such as China and India. Pressure-sensitive adhesives are utilized mainly in the marks, tapes, and graphics businesses. Marks or labels are usually used as a part of general-purpose products, therapeutic, wares, food packaging, and beauty care products. Nameplates, Decals, Emblems, logos, window safety films, and signage, among others, are essential employments of graphics. Dissolvable free glues are hot dissolve adhesives and are a kind of thermoplastic glue. These are generally provided in strong round or pellets shape and hollow sticks of various diameters. Interchange utilizations of Tackifiers integrate their utilization in additives, strengthening resins, and others. Tackifiers have added substances allude to reflect on the tack properties of a material mainly utilized to give stringiness in oil and slight stickiness in lubricants. Tackifier resins are oligomers (low-molecular-weight compounds) extensively used as additives in adhesive formulations to enhance the tack, stickiness, and peel linkage. Tackifiers help improve the approach and mobility of the base polymer as it disperses in the polymer matrix. Pressure-sensitive and water-borne adhesives are in significant demand in the building and construction industry for heating, ventilation, air conditioning, concrete, joint cement, manufactured housing, resilient flooring, etc. These adhesives use a significant percentage of tackifiers to improve the surface's tack, peel, and bonding. The increasing construction industry across the world is offering growth prospects to the market studied, likely leading to increasing demand for tackifiers in the adhesive market. Tackifier resin has a high glass transition temperature and low molecular weight, and the high softening temperature has also minimized molecular cohesion. Tackifier resins are non-corrosive and non-toxic to humans. Tackifiers are manufactured using natural or synthetic materials. The key feedstock utilized in making tackifiers is terpene resins, petroleum resins, and rosin resins. Petroleum resins are in high need of feedstock, wherein C9 aromatic resins, C5 aromatic, aliphatic resins and C5/aromatic resins are the main resins used. Rosin resin is examined as the most seasoned resin derived from pine and coniferous trees and used in combination with cement. Terpene resins are inexhaustible resins taken from terpene feedstock, which can be derived from citrus products of the soil sources.

Some of the market's key players are Eastman Chemical Company, Arkema Group, Kraton Chemical LLC, Guangdong Komo Co Limited, Exxon Mobil Corporation, Les Derives Resiniques, ET Terpeniques SA, and YASUHARA CHEMICAL CO. Ltd.

In June 2021, IMCD, a Dutch distributor of specialty chemicals and ingredients, announced the acquisition of Shanghai Yuanhe Chemicals in China.

Global Tackifier Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Tackifier market by segmenting based on Feedstock (Rosin Resins, Petroleum Resins, and Terpene Resins), Form (Solid, Liquid, and Resin Dispersion), Type (Synthetic and Natural), Application (Tapes & Labels, Assembly, Bookbinding, Footwear, Leather, and Rubber Articles, and Others), End-user Industry (Automotive, Building & Construction, Non-Wovens, Packaging, and Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.