Roof Adhesives and Primers Market Size, Development, Key Opportunity, Application and Forecast
Roof Adhesives and
Primers Market: Overview
Roof adhesives help
in binding different sheets of bitumen or asphalt roll roofing
together. Roof adhesives can be used in hot and cold forms and are
commercially available in a variety of shapes. Roof adhesives enable
physical interlocking and chemical bonding between materials and
these have high environmental resistance. Primers can be used as
sealers. These provides a superior non-porous finish on topcoats.
Primers are also known as undercoats. These are applied on materials
before painting. Priming on a surface helps improve paint durability,
as it imparts additional protection for the material that is being
painted. Roof adhesives and primers provide high strength bonds,
durable sealing, excellent low temperature flexibility, are quick and
easy application, and prevent discoloration and staining. Roofing
adhesives and primers are resistant to UV rays, rain, heat, salt
water, and weather.
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Roof Adhesives and
Primers Market: Key Segments
Based on type of
resin, the global roof adhesives and primers market can be classified
into acrylic, epoxy, alkyd, and polyurethane. Acrylic and epoxy-based
roof adhesives and primers are extensively used in the market. Many
manufacturers focus on the production of polyurethane due to its
superior thermal and mechanical properties. In terms of application,
the roof adhesives and primers market can be segmented into
residential, commercial, and industrial. The residential segment can
be bifurcated into new construction and renovation. The commercial
segment can also be sub-segmented into new construction and
renovation. Based on technology, the roof adhesives and primers
market can be segregated into solventborne and waterborne.
Advancements in the
building & construction sector drives the demand for roof
adhesives and primers. Newly introduced design trends in the
residential sector and renovation activities across the globe fuel
the demand for roof adhesives and primers market. Low maintenance
cost and long shelf life are primary factors driving the demand for
roof adhesives and primers market. Economic development and rapid
urbanization in emerging economies are anticipated to fuel the demand
for roof adhesives and primers market in the next few years.
Additionally, technological advancement and increase in product
innovation are anticipated to propel the roof adhesives and primers
market. Substantial investments in infrastructure development by
various governments in emerging economies in Asia Pacific and Latin
America is estimated to drive the global roof adhesives and primers
market.
Roof Adhesives and
Primers Market: Regional Outlook
The global roof
adhesives and primers market expanded significantly in 2017. This
trend is expected to continue during the forecast period. Asia
Pacific accounts for a large share of the global roof adhesives and
primers market. Rapid urbanization is fuelling the roof adhesives and
primers market in Asia Pacific. The roof adhesives and primers market
in the region is expanding at a considerable pace. Increase in
construction and renovation activities, especially in China and
India, is driving the roof adhesives and primers market in Asia
Pacific. Availability of key resins such as epoxy, acrylic, and
polyurethane is anticipated to propel the roof adhesives and primers
market in the region. Rise in renovation activities in North America,
especially the U.S., drives the market in the region. Germany and
other countries in Eastern Europe account for significant share of
the roof adhesives and primers market in Europe. The roof adhesives
and primers market in Middle East & Africa and Latin America is
projected to expand in the next few years due to recent economic
developments and rise in investment in construction projects in these
regions.
Roof Adhesives and
Primers Market: Key Players
Key players
operating in the global roof adhesives and primers market include
Johns Manville-A Berkshire Hathaway Company, Henry Company, Henkel AG
& Co. KGaA, Sika AG, and Arkema
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