Roofing Adhesives Market Projected to Reach 8.01 Billion USD by 2026
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.
The report "Roofing Adhesives Market by Resin Type (PU, Epoxy, Silicone, Acrylic), Technology (Solvent Borne, and Waterborne), Application (Building & Construction) - Global Forecast to 2026", The roofing adhesives market size is estimated to grow from USD 4.17 Billion in 2016 to USD 5.78 Billion by 2021, at a CAGR of 6.75% from 2016 to 2021.
Browse 126 market data tables and 59 figures spread through 247 pages and in-depth TOC on “Roofing Adhesives Market - Global Forecast to 2026”
Early buyers will receive 10% customization on this report.
The market is driven by the rising demand of roofing adhesives in residential and non-residential/commercial constructions. The technology and resins used in roofing adhesives are ecofriendly, flexible, and cost-effective. This will lead to more demand in end-use industries.
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.
Request for Sample PDF @ http://www.marketsandmarkets.com/pdfdownload.asp?id=213190310
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.
North America is the largest market, whereas Asia-Pacific expected to grow at the highest CAGR during the forecast period
In 2015, North America is estimated to have accounted for the largest market share, in terms of volume and value, of the overall roofing adhesives market. However, the market in Asia-Pacific is witnessing the highest CAGR during the forecast period. The emerging middle class population, growing industrialization, and rising disposable income levels are also expected to add to the demand as more people prefer to roofing compliances, which in-turn leads to rise in demand for roofing adhesives in building & construction in the region.
For more Info:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=213190310
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.)
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Visit MarketsandMarkets @ http://www.marketsandmarkets.com
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of client
Jan 30, 2017