Roofing Adhesives Market Size (2024 - 2029)

The roofing adhesives market is anticipated to experience growth driven by the expanding global construction industry and a shift towards adhesives over mechanical fastening systems. Despite the potential hindrance posed by stringent environmental regulations, the market's expansion is supported by the dominance of the epoxy segment, particularly due to rising demand from the commercial sector. The increasing interest in bio-based roofing adhesives presents future opportunities. The Asia-Pacific region leads in market consumption, with significant contributions from countries like China, India, and ASEAN nations.

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Market Size of Roofing Adhesives Industry

Roofing Adhesives Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Roofing Adhesives Market Key Players

*Disclaimer: Major Players sorted in no particular order

Roofing Adhesives Market Analysis

The roofing adhesives market is expected to grow at a CAGR of over 4% during the forecast period. Major factors driving the market studied are growing global construction industry and increasing replacement of mechanical fastening systems with adhesives. Increasing stringent environmental regulations are expected to hinder the growth of the market studied.

  • Epoxy segment dominated the market and is expected to grow during the forecast period owing to the increasing demand from commercial segment across the globe.
  • Increasing demand for bio-based roofing adhesives is likely to act as an opportunity in the near future.
  • Asia-Pacific dominated the market across the globe with the largest consumption coming from countries such as China, India and ASEAN Countries.

Roofing Adhesives Industry Segmentation

The roofing adhesive market report includes:

Resin Type
Epoxy
Polyurethane
Acrylic
Others
Technology
Water-borne
Solvent-borne
Others
End-user Industry
Residential
Non-Residential
Commercial
Institutional/Industrial
Infrastructure
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Roofing Adhesives Market Size Summary

The roofing adhesives market is poised for significant growth, driven by the expanding global construction industry and the shift from mechanical fastening systems to adhesive solutions. Despite the positive outlook, the market faces challenges due to increasingly stringent environmental regulations. The epoxy segment leads the market, fueled by rising demand from the commercial sector worldwide. The Asia-Pacific region holds a dominant position in the market, with countries like China, India, and ASEAN nations contributing significantly to consumption. This region's growth is supported by extensive construction activities, which are expected to bolster the demand for roofing adhesives, particularly epoxy-based products known for their strong bonding capabilities and environmental benefits.

Epoxy resin systems are favored for their versatility and performance, offering advantages such as high peel strength and non-corrosive properties, making them suitable for various applications, including industrial, commercial, and residential buildings. The market is characterized by a fragmented landscape with key players like Sika AG, Pidilite Industries Ltd, Bostik (Arkema Group), MAPEI S.p.A, and 3M holding marginal shares. The increasing interest in bio-based roofing adhesives presents new opportunities for market expansion. As countries like China and India continue to invest heavily in infrastructure, the demand for roofing adhesives is anticipated to rise, further propelling market growth during the forecast period.

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Roofing Adhesives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Global Construction Industry

      2. 1.1.2 Increasing Replacement of Mechanical Fastening Systems with Adhesives

    2. 1.2 Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Resin Type

      1. 2.1.1 Epoxy

      2. 2.1.2 Polyurethane

      3. 2.1.3 Acrylic

      4. 2.1.4 Others

    2. 2.2 Technology

      1. 2.2.1 Water-borne

      2. 2.2.2 Solvent-borne

      3. 2.2.3 Others

    3. 2.3 End-user Industry

      1. 2.3.1 Residential

      2. 2.3.2 Non-Residential

        1. 2.3.2.1 Commercial

        2. 2.3.2.2 Institutional/Industrial

        3. 2.3.2.3 Infrastructure

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 France

        4. 2.4.3.4 Italy

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle-East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle-East and Africa

Roofing Adhesives Market Size FAQs

The Roofing Adhesives Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Sika AG, Pidilite Industries Limited , Arkema Group , 3M and MAPEI S.p.A are the major companies operating in the Roofing Adhesives Market.

Roofing Adhesives Report Snapshots

Roofing Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)