Wednesday, November 28, 2018

Roofing Adhesives Market is Expected to Reach Worth 8.01 Billion USD by 2026

[247 Pages Report] In this study, 2015 has been considered as the base year for estimating the market size. 2021 is considered as mid-term and 2026 as long-term forecast years. The global roofing adhesives market was valued at USD 3.91 Billion in 2015, and is projected to reach USD 5.78 Billion by 2021 at a CAGR of 6.75% from 2016 to 2021. This report aims to estimate the market size and future growth potential of the roofing adhesives market across different segments such as resin type, technology, application, and region. Factors influencing the market growth such as drivers, restraints, opportunities, industry-specific challenges, and opportunities in the market for stakeholders and competitive landscape in the market are presented in the report.

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The players profiled in the roofing adhesives market report are 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.)

roofing-adhesive-market1

On the basis of Resin Type:
  • Polyurethane
  • Epoxy
  • Silicone
  • Acrylic
  • Others

On the basis of Technology:
  • Waterborne
  • Solvent borne

On the basis of Application:
  • Building & Construction
  • Residential
  • New Construction
  • Repairs & Maintenance
  • Non-Residential/Commercial
  • New Construction
  • Repairs & Maintenance

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Company Information:
  • Detailed analysis and profiling of additional market players
The global roofing adhesives market is projected to reach USD 5.78 Billion by 2021 in the midterm, at a CAGR of 6.75% from 2016 to 2021. This market is projected in the long term to be USD 8.01 Billion by 2026. This growth is driven by growing middle class population in emerging countries such as China, India, and Brazil. Increasing demand of elastic bonding adhesives from construction application to avoid cracks, provide chemical, oil and grease resistance, and higher durability has also increased the demand for roofing adhesives.

Demand for roofing adhesives are used in residential and non-residential/commercial constructions

Roofing adhesives are used in residential and non-residential/commercial construction in building & construction application. The overall market is dominated by the residential constructions. Growing number of residential and commercial buildings coupled with increasing population in various countries, such as China and India are expected to drive the market.

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. Strong demand for performance epoxy resins and reactive liquid polymers, typically used in applications such as industrial maintenance, automotive and aerospace and concrete coatings, has been witnessed across the globe.

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