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Roofing Adhesives Market Trends

  • Report ID: GMI8224
  • Published Date: Feb 2024
  • Report Format: PDF

Roofing Adhesives Market Trends

In recent years, several noteworthy trends have emerged in the roofing adhesives industry, shaping the industry's landscape, and driving innovation. One prominent trend is the increasing demand for sustainable and eco-friendly adhesive solutions. With growing environmental awareness and stringent regulations promoting green building practices, manufacturers are focusing on developing adhesives with lower VOC emissions, reduced environmental impact, and improved recyclability. This trend reflects a broader industry shift towards sustainability and aligns with the preferences of environmentally conscious consumers and construction companies aiming to achieve LEED (Leadership in Energy and Environmental Design) certification for their projects.
 

Another significant trend is the rise of advanced adhesive technologies offering enhanced performance and durability. Innovations such as moisture-curing adhesives, self-adhered membranes, and single-component solutions are gaining traction in the market due to their ease of use, superior bonding capabilities, and resistance to extreme weather conditions. These advancements not only improve installation efficiency and long-term reliability but also contribute to the overall quality and longevity of roofing systems. Furthermore, the integration of smart technologies and digital solutions for adhesive application monitoring and quality control is poised to revolutionize the industry, enabling real-time data analysis, predictive maintenance, and optimized performance for roofing adhesives across various applications.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for roofing adhesives was valued at around USD 6 billion in 2023 and is anticipated to register a CAGR of over 6.3% between 2024 and 2032, as they are designed to provide strong and durable bonds.

Water-borne roofing adhesives industry segment accounted for 45% share in 2023 and is projected to grow through 2032, as they are known for their low VOC emissions and environmental friendliness, and are gaining popularity due to stringent regulations and increasing demand for sustainable building materials.

North America market for roofing adhesives generated USD 2.22 billion in 2023 and will grow significantly through 2032, attributed to robust construction activity in residential, commercial, and industrial sectors.

Acordis Cellulosic Fibers, AkzoNobel, Ashland, Borregaard, Celanese, China National Tobacco Corporation, Daicel, Eastman Chemical, J.M. Huber, Mitsubishi Chemical Holdings, Rayonier Advanced Materials, Rhodia Acetow International, Sappi and Sichuan

Roofing Adhesives Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
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