Roofing Adhesives Market By Resin Type (Acrylic, Polyurethane, Silicone, Epoxy and Other Resin Types), Technology (Solvent Borne and Water Borne) and Application (Commercial and Residential) - Global Industry Analysis And Forecast To 2025
The roofing adhesives tie the sheets of the asphalt roll roofing or the SBS mod-bit material together. These glues may be utilized cold or hot, and are also accessible in an assortment of sizes from the buckets to the drums. The demand for these adhesives is attributed due to factors like; increasing population of middle class, rising demand from the construction sector for the elastic bonding adhesives for applications like provide chemical, avoid cracks, resistance to grease & oil, etc., the increased durability of these adhesives due to the increasing technological advancement and various other factors. Therefore, the Roofing Adhesives Market is anticipated to expand and has tremendous scope during the forecast period. The global Roofing Adhesives Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Based on Resin Type the market is segmented into Acrylic, Polyurethane, Silicone, Epoxy and Other Resin Types. The Polyurethane section is leading the market but the Epoxy section is seen profitable section during the projected period this is attributed due to properties like; chemical resistance, combination of adhesion & physical, wide range of applications, etc.
Based on Technology the market is segmented into Solvent Borne and Water Borne.
Based on Application the market is segmented into Commercial and Residential. The Residential section is leading the market due to increasing disposable income with the people, increasing affordability of the interest rates, and various other factors.
The Asia Pacific region is dominating the global Roofing Adhesives Market owing to; increasing demand from the infrastructural, residential & commercial activities in various economies in this region.
Roofing Adhesives Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
GAF Materials Corporation
The 3M Company
The Dow Chemical Company
Henkel AG & Company
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?