Roofing Adhesives Market | Exactitude Consultancy Reports
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The roofing adhesives market is expected to grow at 8.55% CAGR from 2023 to 2029. It is expected to reach above USD 13.92 billion by 2029 from USD 6.46 billion in 2022.
Roofing Adhesives Market Overview
A material that holds two surfaces together so that they never separate is called an adhesive. Wetting the surface, sticking to it via building strength, and preserving stability are their essential characteristics.
Similar to this, roofing adhesives secure sheets of asphalt roll roofing or styrene-butadiene-styrene modified bitumen (SBS-mod-bit). Roof adhesives come in a range of sizes and can be applied in both hot and cold forms. They have a high level of environmental resistance and allow for the chemical and physical interlocking of materials. Roofing adhesives can continue to function properly even when exposed to UV rays, rain, heat, salt water, and other environmental factors. Roofing adhesives are widely utilized in construction and building projects.
Segment Analysis
Based on the types of resin used, roofing adhesives can be segmented into polyurethane, epoxy, silicone, and acrylic variations. One of these, polyurethane roofing adhesive, held a significant market share. However, it is also projected that the epoxy category will grow quickly during the forecast period. Epoxy is made of a synthetic material that, when heated or after application of pressure, solidifies. These resins display a superb fusion of adhesion, chemical resistance, and other physical attributes that enable them to tolerate harsh environmental conditions. As a result, the demand for epoxy resins is anticipated to increase significantly throughout the forecast period. The demand for epoxy in the building and construction industry—which, coincidentally, is one of the main uses of roofing adhesives—is increased by the fact that it is also used as “low-tech” glue in a variety of materials, including wood, concrete, and others.
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