Roofing Insulation Adhesives Market by End-user, Type and Geography - Forecast and Analysis 2022-2026

The roofing insulation adhesives market share is expected to increase by USD 737.07 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.18%.

This roofing insulation adhesives market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers roofing insulation adhesives market segmentation by end-user (residential and non-residential), type (two-component roofing insulation adhesives and one-component roofing insulation adhesives), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The roofing insulation adhesives market report also offers information on several market vendors, including ALTENLOH, BRINCK and CO. US INC., Apollo Roofing Solutions Ltd., Arkema S.A., BASF SE, Bridgestone Corp., Carlisle Companies Inc., Dove Technology Ltd., DuPont de Nemours Inc, Firestone Building Products Co. LLC, GAF Materials LLC, H.B. Fuller Co., Henkel AG, and Co. KGaA, Henry Co., Huntsman International LLC, Johns Manville, OMG Inc., Paramelt Rmc BV, Sika AG, 3M Co., and The Dow Chemical Co. among others.

What will the Roofing Insulation Adhesives Market Size be During the Forecast Period?

Download Report Sample to Unlock the Roofing Insulation Adhesives Market Size for the Forecast Period and Other Important Statistics

 

Roofing Insulation Adhesives Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and after post COVID-19 era. The high demand from emerging economies is notably driving the roofing insulation adhesives market growth, although factors such as lack of skilled labor may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the roofing insulation adhesives industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.

Key Roofing Insulation Adhesives Market Driver

High demand from emerging economies is one of the major drivers impacting the roofing insulation adhesives market growth. The increase in residential and non-residential building constructions in emerging economies is expected to boost the application of roofing adhesives during the forecast period. Emerging countries such as India, China, Indonesia, Russia, and Brazil are expected to drive the demand for roofing adhesives. In 2019, the GDP of India and China was around 5.02% and 6.1%, respectively. The rise in the GDP of these countries is expected to boost the manufacturing and building industries, which will lead to the growth of the roofing adhesives market in these regions. Therefore, the global roofing insulation adhesive market is going to experience a rise during the forecast period. Therefore, these factors will drive the market for roofing insulation adhesives during the forecast period.

Key Roofing Insulation Adhesives Market Trend

The development of environment-friendly roofing products is one of the major trends influencing the roofing insulation adhesives market growth. There is a strong preference for constructing buildings with environment-friendly insulated roofing systems in developed economies, such as Canada, the US, Germany, and others. Green roofs, cool roofs, and other related energy-saving roofing systems are increasingly becoming popular in developing regions along with developed regions. Many roofing membranes are colored white to reduce the surface absorption of heat and increase heat energy reflection. In addition, the acceptance of green roofing systems helps in reducing the concentration of toxic gases emitted from the nearby industries in the atmosphere. This helps in maintaining an ecological balance of the atmosphere in the vicinity. This trend to opt for environment-friendly roofs is expected to boost the growth of the global roofing insulation adhesives market during the forecast period.

Key Roofing Insulation Adhesives Market Challenge

Lack of skilled labor is one of the major challenges impeding the roofing insulation adhesives market growth. The construction industry provides many employment opportunities but lacks skilled labor. The availability of materials and skilled labor is crucial at all stages for the successful completion of any construction project. The construction industry is characterized by workforce migration, and novices or unskilled laborers have little safety consciousness or discipline. Poor pay, a tough working environment, and a lack of job security are observed to be the critical factors that can be attributed to the attrition of the workforce in the construction industry. The training and retention costs of laborers are also increasing. Therefore, the completion of projects is hampered due to the shortage of skilled workers, affecting the market growth during the forecast period.

This roofing insulation adhesives market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global roofing insulation adhesives market as a part of the global construction materials market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the roofing insulation adhesives market during the forecast period.

Who are the Major Roofing Insulation Adhesives Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

• ALTENLOH, BRINCK and CO. US INC.
• Apollo Roofing Solutions Ltd.
• Arkema S.A.
• BASF SE
• Bridgestone Corp.
• Carlisle Companies Inc.
• Dove Technology Ltd.
• DuPont de Nemours Inc
• Firestone Building Products Co. LLC
• GAF Materials LLC
• H.B. Fuller Co.
• Henkel AG and Co. KGaA
• Henry Co.
• Huntsman International LLC
• Johns Manville
• OMG Inc.
• Paramelt Rmc BV
• Sika AG
• 3M Co.
• The Dow Chemical Co.

 

This statistical study of the roofing insulation adhesives market encompasses successful business strategies deployed by the key vendors. The roofing insulation adhesives market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The roofing insulation adhesives market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Roofing Insulation Adhesives Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the roofing insulation adhesives market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Roofing Insulation Adhesives Market?

For more insights on the market share of various regions Request PDF Sample now!

35% of the market’s growth will originate from North America during the forecast period. The US is a key market for roofing insulation adhesives in North America. However, market growth in this region will be slower than the growth of the market in other regions.

The growth of the residential construction sector will facilitate the roofing insulation adhesives market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 negatively impacted end-user industries, such as construction and building, in North America. The outbreak resulted in the imposition of lockdowns, which led to the temporary closure of several manufacturing plants, including roofing insulation adhesives in several countries, including the US, Canada, and Mexico. This disrupted the supply chain of raw materials required for the production of roofing insulation adhesives and decreased the demand for roofing insulation adhesives from construction and building industries which adversely affected the growth of the roofing insulation adhesives market in North America in 2020.

What are the Revenue-generating End-user Segments in the Roofing Insulation Adhesives Market?

To gain further insights on the market contribution of various segments Request a PDF Sample

The roofing insulation adhesives market share growth in the two-component adhesives segment will be significant during the forecast period. Two-component adhesives have parts A and B components that are mixed during application. These adhesives do not rely on ambient temperature or humidity for curing and provide a predictable cure time. The increasing demand for two-component industrial adhesives will boost the demand for roofing insulation adhesives during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the roofing insulation adhesives market size and actionable market insights on post COVID-19 impact on each segment.

You may be interested in:

Roofing Adhesive market - The market size has the potential to grow by USD 1.75 billion during 2020-2024, and the market's growth momentum will accelerate at a CAGR of 6.10%. 

Insulation market - The market share is expected to increase by USD 20.83 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.32%.

Construction Adhesives market - The market share is expected to increase by USD 3.65 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.52%.

Roofing Insulation Adhesives Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.18%
Market growth 2022-2026	$ 737.07 million
Market structure	Fragmented
YoY growth (%)	6.7
Regional analysis	North America, Europe, APAC, South America, and the Middle East and Africa
Performing market contribution	North America at 35%
Key consumer countries	US, Canada, China, Japan, Germany, and France
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	ALTENLOH, BRINCK and CO. US INC., Apollo Roofing Solutions Ltd., Arkema S.A., BASF SE, Bridgestone Corp., Carlisle Companies Inc., Dove Technology Ltd., DuPont de Nemours Inc, Firestone Building Products Co. LLC, GAF Materials LLC, H.B. Fuller Co., Henkel AG, and Co. KGaA, Henry Co., Huntsman International LLC, Johns Manville, OMG Inc., Paramelt Rmc BV, Sika AG, 3M Co., and The Dow Chemical Co.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Roofing Insulation Adhesives Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive roofing insulation adhesives market growth during the next five years
• Precise estimation of the roofing insulation adhesives market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the roofing insulation adhesives industry across North America, Europe, APAC, South America, the Middle East, and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of roofing insulation adhesives market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch