The roofing adhesive market size has the potential to grow by USD 1.75 billion during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 6.10%.
This report provides a detailed analysis of the market by resin type (polyurethane resins, epoxy resins, silicone resins, acrylic resins, and others), application (non-residential and residential), technology (waterborne, solvent-borne, and others), geography (North America, Europe, APAC, South America, and MEA), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 3M Co.
- Arkema SA
- Bridgestone Corp.
- Carlisle SynTec Systems
- Dow Inc.
- H.B. Fuller Co.
- Henkel AG & Co. KGaA
- Johns Manville
- PPG Industries Inc.
- Sika AG
The roofing adhesive market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as increasing demand from emerging economies to achieve growth opportunities. However, factors such as fluctuating raw material prices will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the roofing adhesive market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This roofing adhesive market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Roofing Adhesive Market: Key Drivers and Trends
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Roofing Adhesive Market: Segmentation by Geography
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32% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for roofing adhesives in North America. However, market growth in this region will be slower than the growth of the market in other regions.
One of the prime factors that will facilitate the roofing adhesive market growth in North America over the forecast period is increasing building activity. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Roofing Adhesive Market: Segmentation by Resin Type
Request for a FREE sample and Get more information on the market contribution of various segments
This report provides an accurate prediction of the contribution of all the segments to the growth of the roofing adhesive market size.
Polyurethane is a polymer composed of urethane links. Most polyurethanes do not melt when heated. High heat resistance makes them ideal for use in electrical, construction, and chemical applications. Polyurethane foams are light in weight, chemically stable, versatile, rigid, and long-lasting, and they provide better thermal resistance in insulation. They are predominantly used in the building and construction industry for roofing purposes to make buildings energy efficient. Hence the growth of the market in the polyurethane segment will be significant throughout the forecast period. Fetch actionable market insights on post COVID19 impact on each segment.
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Roofing Insulation Adhesives market - The market share is expected to increase by USD 737.07 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.18%.
Roofing Adhesive Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive roofing adhesive market growth during the next five years
- Precise estimation of the roofing adhesive market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the roofing adhesive industry across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of roofing adhesive market vendors
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Roofing Adhesive Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2020-2024 |
$ 1.75 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.32 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 32% |
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Key consumer countries |
US, China, Germany, UK, and India |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
3M Co., Arkema SA, Bridgestone Corp., Carlisle SynTec Systems, Dow Inc., H.B. Fuller Co., Henkel AG & Co. KGaA, Johns Manville, PPG Industries Inc., and Sika AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |