Key Findings
The North America tackifier market is registered to project a CAGR of 4.44%, during the forecast years of 2021 to 2028. The optimistic construction forecasts, the easy availability of raw materials, and the presence of several end-user industries, are expected to fuel the region’s market growth.
Market Insights
The North America tackifier market growth is analyzed by evaluating Canada and the United States. Canada’s construction industry is the second-largest across North America and is anticipated to augment at a considerable pace, through 2024. The country’s commercial and residential construction rates are also observing significant growth, owing to the rising immigration and government initiatives. The overall investment within the building construction sector in Canada, in 2018, recorded a 2.5% growth, following a remarkable 7.2% rise, in 2017. Similarly, the nation’s residential building construction’s total investment depicted an increase of 0.3%, and reached nearly $116 billion.
On the other hand, Canada harbors a thriving footwear sector, and is likely to witness steady growth over the upcoming years. Besides, the majority of the shoe manufacturing establishments, in addition to shoe stores, are based in Ontario. In 2018, the country’s footwear producers generated an annual income of $6,256 million, and is predicted to reach $6,467 million, by the end of 2019. As a result, these factors are set to play an important role in supplementing Canada’s tackifier market, over the forecast period.
Competitive Insights
Some of the leading companies operating in the market are, Eastman Chemical Company, Exxon Mobil Corporation, and Eastman Chemical Company.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments