Roofing adhesives find application in a wide spectrum of roofing needs ranging from joining tiles to insulating. These adhesives must exhibit properties such as bleed and stain resistance, color retention, strong bonding capabilities, flexibility at low temperatures, long-lasting sealing and ease of application. While certain types of floor adhesives are specific to particular roofing needs, a select few multi-purpose solutions are adept at bonding several materials including those used in residential, sports and non-residential roofing.
Heat transfer fluids (HTFs) find their application in an array of renewable energy technologies such as concentrated solar power (CSP) plants, biodiesel production systems, wind turbines, and geothermal systems. Furthermore, HTFs can serve as an energy storage medium for the solar energy, which facilitates a consistent power supply in spite of the intermittent availability of sunlight. The demand for solar energy, in conjunction with the government's stringent regulations on clean energy, is anticipated to drive the growth of HTFs in the renewable energy industry.
On the other hand, High cost associated with the production of floor adhesive may hamper the market growth to some extent.
The emergence of the coronavirus has had a detrimental impact on the roofing adhesive market. The global government has enforced rigorous regulations as a result of this pandemic, which has had an adverse effect on the growth of the roofing adhesive market. Furthermore, the primary consumers of roof adhesive, including residential and non-residential construction, have ceased their activities, causing a decrease in the demand for construction materials such as roof adhesive worldwide. Additionally, the majority of raw material suppliers in the floor adhesive market were compelled to terminate their operations, and the leading suppliers have prioritized providing relief for the pandemic.
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Delvens Industry Expert's Standpoint
The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The Roofing Insulation Adhesives industry, in the short- and medium-term forecast, is confronted with a multitude of significant challenges. These challenges are primarily caused by shifting consumer preferences in a projected economic downturn scenario, amendments to industrial policies aimed at aligning with the growing environmental concerns, and the massive fluctuations in raw material costs triggered by the prevailing geo-political tensions. Furthermore, the expected economic turbulences add to the complexity of the challenges that the Roofing Insulation Adhesives industry players have to confront and address. Therefore, it is imperative for the industry players to take a proactive approach and to devise a comprehensive strategy that is capable of addressing these multifarious challenges in a timely and effective manner. Growing demand for eco-friendly processes and biodegradable floor adhesives and Rising awareness regarding advantages of luxury homes. These factors have led to the expansion of the market and increased demand for Roofing Adhesive solutions.
Key Findings
• The Resin Type segment is further fragmented into PU, Epoxy, Silicone and Acrylic. Due to the burgeoning demand from the commercial sector worldwide, it is expected that the epoxy segment, which currently holds sway in the market, will experience considerable expansion over the projected period. This synthetic substance undergoes solidification upon exposure to heat and boasts exceptional attributes such as chemical resistance and optimal adherence to other physical properties, thus rendering it resilient to inclement weather conditions.
• The Technology segment is further bifurcated into Solvent Borne, and Waterborne. During the projected period, it is anticipated that waterborne coatings will continue to dominate the market in terms of market share and growth rate. This is largely due to their exceptional shear strength, lustrous appearance, impressive flexibility, and strict adherence to federal environmental regulations, which serve as their primary drivers. A solution consisting of various compounds dissolved in a solvent is commonly known as solvent-borne.
• The Application segment is further bifurcated into residential, and non-residential. The category of residential buildings exhibited the largest market share in value, with non-residential and commercial structures following suit. A number of factors, including increases in income, a trend toward nuclear family living, consistently low interest rates, and modern views on property ownership in certain countries, are all contributing to the growth of the roofing adhesives market.

• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period due to the increasing disposable income of individuals and high demand for roofing adhesives in this region.
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Regional Analysis
North America to Dominate the Market
• North America is estimated to account for the largest market share during the forecast period due to the increasing disposable income of individuals and high demand for roofing adhesives in this region.
Competitive Landscape
• 3M
• Apollo
• Arkema
• Ashland
• Bostik (Arkema Group)
• Carlisle Syntec
• Chemlink
• Dove Technology
• DOW
• GAF
• H.B. Fuller Company
• Henkel AG & Company
• Henry Company
• Johns Manville
• Jowat
• MAPEI S.p.A
• Pidilite Industries Ltd.
• Royal Adhesives & Sealants
• Sika AG
Recent Developments
• In March, 2022, Debondable hot-melt adhesives from Conagen were introduced, and they are widely sought-after. They are made of high-performance materials from sustainable and natural biomolecules.

• SOPREMA Inc., a leading manufacturer of roofing, waterproofing, wall protection, and civil engineering waterproofing systems, has completed its acquisition of DERBIGUM Americas Inc., the United States division of the Belgian roofing solutions provider DERBIGUM.
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Reasons to Acquire
• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

• Gain authentic and granular data access for the Roofing Adhesive Market to understand the trends and the factors involved in changing market situations.

• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
Report Scope
The Roofing Adhesive Market is segmented into various segments such as resin type, technology, application and region:
Based on Resin Type
• Polyurethane
• Epoxy
• Silicone
• Acrylic
• Others
Based on the Technology
• Waterborne
• Solvent borne
Based on the Application
• Building & Construction
•
o Residential
•
o
 New Construction
 Repairs & Maintenance
o Non-Residential/Commercial
•
o
 New Construction
 Repairs & Maintenance

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