The roofing adhesives industry is a sector that involves the production and distribution of adhesive products used in the installation and maintenance of roofing systems. Roofing adhesives are used to bond roofing materials such as shingles, tiles, and membranes to the underlying surface, creating a waterproof barrier that protects buildings from the elements. The market is expected to be driven by factors such as increasing urbanization, rising disposable incomes, and the growing demand for high-quality roofing materials.
The roofing adhesives market demand is expected to grow steadily in the coming years due to the increasing construction of commercial and residential buildings worldwide. Additionally, the rising focus on sustainability and energy efficiency in construction is expected to drive the demand for roofing adhesives that provide superior insulation and reduce energy consumption.
Roofing Adhesives Market Key Players
Key companies such as The 3M Company (U.S.), The Dow Chemical Company (U.S.), Henkel AG & Company (Germany), Sika AG (Switzerland), Arkema (France), GAF Materials Corporation (U.S.), Johns Manville (U.S.), Royal Adhesives & Sealants (U.S.), Henry Company (U.S.), and Dove Technology Ltd. (U.K.) among others are profiled in this report.
Two major players in the global roofing adhesives market are Henkel AG & Company (Germany) and the 3M Company (U.S.). There are other players also who has adopted many strategies. In the past two years, Sika AG (Switzerland) and Henry Company (U.S.) adopted new product launches as their major strategies for growth.
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“Demand for roofing adhesives are used in residential and non-residential/commercial constructions”
Roofing adhesives are used in both residential and non-residential/commercial constructions. In residential construction, roofing adhesives are used to bond roofing materials such as shingles, tiles, and membranes to the underlying surface. These adhesives provide a waterproof barrier that protects the building from the elements.
In non-residential/commercial construction, roofing adhesives are also used for bonding roofing materials, but they may also be used for other applications such as sealing joints and seams in roofing systems. Non-residential/commercial buildings such as office buildings, factories, and warehouses often require more complex roofing systems than residential buildings, and roofing adhesives play an important role in ensuring the integrity and durability of these systems.
The demand for roofing adhesives is driven by both residential and non-residential/commercial construction activity, as both sectors require roofing systems that are weather-resistant, energy-efficient, and durable.
“Epoxy resin is the fastest-growing segment of the overall roofing adhesives market”
Epoxy resin is the fastest-growing segment, on the basis of resin type, of the roofing adhesives market, globally. Epoxy resins offer a unique combination of adhesion, chemical resistance, and other physical properties that provide outstanding protection against severe corrosive environments.
Epoxy resin is a type of roofing adhesive that is known for its excellent bonding strength, durability, and resistance to moisture, heat, and chemicals. It is used in a variety of roofing applications, including bonding and sealing roofing materials such as tiles, shingles, and membranes, and as a coating for flat roofing systems.
The growth of the epoxy resin segment in the roofing adhesives market can be attributed to factors such as its superior performance properties, increasing demand for environmentally friendly and energy-efficient roofing systems, and the growing construction industry worldwide. Epoxy resin is also known for its versatility, which allows it to be used in a wide range of roofing applications, from bonding to coating.
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“North America is the largest market, whereas Asia-Pacific expected to grow at the highest CAGR during the forecast period”
North America was the largest market for roofing adhesives, followed by Europe and Asia-Pacific. However, the Asia-Pacific region was expected to grow at the highest CAGR in the roofing adhesives market in the coming years.
The growth of the roofing adhesives market in Asia-Pacific can be attributed to factors such as the increasing construction activity in the region, rising urbanization, and the growing demand for sustainable and energy-efficient roofing systems. Countries such as China, India, and Japan are expected to be major contributors to the growth of the roofing adhesives market in Asia-Pacific due to their significant construction and infrastructure development activities.
The roofing adhesives market in North America is expected to experience steady growth due to the mature nature of the market and the focus on energy-efficient and sustainable roofing systems. The demand for roofing adhesives in North America is driven by factors such as the need for repairs and maintenance of existing roofing systems and the increasing construction activity in the region.
