Press release
Roofing Adhesives Market Competitive Insights and Precise Outlook 2020-2025
Roofing Adhesives market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.The market for roofing adhesives is expected to grow at a CAGR of over 4% during the forecast period.
The Roofing Adhesives market is highly competitive and consists of a number of major players. Top Companies like Sika AG, Pidilite Industries Ltd, Bostik (Arkema Group), MAPEI S.p.A, and 3M.among others.
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Scope of the Report
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.
Key Market Trends
Increasing demand for Epoxy Resins
- Epoxy resin systems are widely used for bonding concrete to a variety of materials such wood, metal, rubber and others.
- The application of epoxy resin-based roof adhesives offers various benefits. Some of the advantages offered are 100% tough bond, VOC free, non-corrosive, high peel strength, non-flammable, etc.,
- Owing to such properties, epoxy roof adhesives are extensively used in the industrial areas, commercial, residential and public places, including shopping malls, institutions, hospitals, schools, industrial buildings, prisons, and sports halls.
- Epoxy bonding agents have a pot life or setting time of 15-30 minutes at 25C, making it necessary to mix only the limited amount that can be properly used at the given period.
- Hence, owing to the growing construction activities, especially in Asia-Pacific and Middle Eastern countries, the demand for epoxy roofing adhesives is expected to increase over the forecast period.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features:The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools:Roofing Adhesives Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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