Market Overview:

Roofing Adhesives Market Size was valued at USD 6.85 Billion in 2023. The Roofing Adhesives market is projected to grow from USD 7.28 Billion in 2024 to USD 11.80 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.22% during the forecast period (2024 - 2032).

This market is made up of the adhesives specifically designed for roofing applications. These adhesives aid in the bonding of various roofing materials, such as membranes, shingles, panels, and tiles. These adhesives are designed to provide robust, long-lasting bonds, ensuring the durability and integrity of roofing systems. As they adhere well to a range of substrates and are resistant to environmental factors including moisture, temperature fluctuations, and UV rays, they are crucial for maintaining the structural integrity and weatherproofing of roofs. Particularly in the residential and non-residential sectors, there will likely be a greater need for roofing adhesives as the construction industry expands as a result of urbanisation, infrastructure expansion, and renovation projects.

The market for roofing adhesives is expanding for several reasons. First, increased construction due to urbanisation and population growth is driving demand for roofing adhesives in developing countries with robust infrastructural development. Strict building standards and regulations that mandate energy-efficient and environmentally friendly construction methods are also driving the adoption of modern roofing adhesive solutions that enhance thermal insulation and reduce carbon emissions. Furthermore, developments in adhesive formulations, such as the development of low-VOC (volatile organic compound) and solvent-free adhesives, are being fueled by regulatory pressure and growing consumer awareness of environmental issues. Additionally, the market is expanding as a result of the expansion of the remodelling and renovation sector, particularly in developed markets, as older roofs require repairs and renovations. As a result, there is a need for roofing adhesives and sealants.

The price volatility of raw materials, which impacts production costs, and the construction sector's instability due to economic uncertainties are major obstacles to the roofing adhesives industry. Due to the market's reliance on raw materials like resins and additives, price fluctuations may have an impact on manufacturers' profitability and ultimately raise consumer prices. Aside from that, a shifting demand for roofing adhesives could result from the cyclical nature of the construction industry and economic uncertainties, which could have an effect on stakeholder investment decisions and market growth. To overcome these challenges and maintain industry stability, effective pricing strategies, market diversification programmes, and supply chain management strategies are required.

Market Dynamics:

Market Drivers:

Growing Demand for Eco-Friendly Processes and Biodegradable Floor Adhesives

• Rooftop adhesive producers are progressively introducing sustainable and environmentally friendly methods in an effort to eradicate the damaging effects of chemical manufacturing on the environment and focus on reducing the emissions of volatile organic compounds (VOCs). For instance, when exposed to excessive dampness or high temperatures, building materials produce a lot of volatile organic compounds (VOCs). These adhesive materials ensure that the products have less of an environmental impact. It is also the nature of bacteria and microorganisms to break down biodegradable roofing adhesives. Natural gases released into the atmosphere during the breakdown process include carbon dioxide and water. The demand for eco-friendly practices and biodegradable roofing adhesives is expected to drive the roofing adhesive market's growth.

Shift Towards Adhesives

• The traditional method of installing a roof included a lot of mechanical fasteners, like screws or nails. These fasteners penetrate the supporting structure and secure the roofing membrane to it.  They create a strong connection, yet they also make mistakes.  These holes might eventually start to leak, especially in the area around the screw or nail heads.  Pounding nails can also be a noisy and laborious operation.
• The advantages of roofing adhesives have led to a movement away from mechanical fasteners. First of all, adhesives create a continuous connection between the substrate and the roofing membrane as opposed to nails, which create isolated points of contact.  This continuous bond is generally believed to be more waterproof and less prone to leak.  Furthermore, adhesives cure far more quickly than hammered nails, which significantly cuts down on installation time.  Thirdly, unlike fasteners, which require a flat surface for the best installation, adhesives can adapt to uneven roof surfaces, providing a secure bond even on flawed substrates.
• All things considered, the enhanced capacity of roofing adhesives to create a tight seal, speed up installation, and perform better on uneven surfaces is what is driving the shift towards them.

Market Trends:

Increasing Demand for Epoxy Resins is Driving the Market Growth

• Epoxy resin systems are widely used to bond concrete to a variety of materials, such as rubber, metal, wood, and others. When employed, epoxy resin-based roof adhesives have a number of benefits. In commercial, residential, and industrial settings, such as shopping centres, institutions, hospitals, schools, industrial buildings, prisons, and sports arenas, epoxy roof adhesives are widely used because of their benefits, which include their 100% tough bond, VOC free, non-corrosive nature, high peel strength, and other attributes. When mixing epoxy bonding ingredients at 25°C, it's crucial to use a little amount that can be used efficiently during the 15 to 30 minute pot life or setting period.
• Manufacturers are making greater investments in production and product development projects. In 2020, a new range of biodegradable adhesives for use in packaging, building, agriculture, and other materials was launched by Toyochem Co. Ltd. In 2021, Bostik unveiled a brand-new range of bio-based, sustainable disposable adhesives. The growing demand for natural roofing adhesives is anticipated to drive growth in the roofing adhesives market.
• The residential building sector is expanding as a result of increased investment and funding. In home construction, roofing adhesives are used to secure the insulation, flashings, field membrane and full roof system. The home construction business as a whole is growing, and so is the government-funded sector. According to estimates from the U.S. Department of Commerce, for instance, there were over 1,873,000 privately owned residential units with building licences in place as of March 2022. This represents a rise of roughly 6.8% over the roughly 1,755,000 units from March 2021 and 0.4% over the 1,865,000 units from February 2022. Furthermore, the European Construction Industry Federation reports that 2% more dwellings were built in Sweden in 2020 compared to 2019. The market for roofing adhesives is anticipated to rise quickly over the forecast period as a result of the growing residential construction industry.
• The increased building activity over the forecast period is predicted to drive up demand for epoxy roofing adhesives, especially in the Middle East and Asia-Pacific region. hence producing revenue for the market for roofing adhesives.
• A new market research report that was added to the archive of Intellectual Market Insights Research offers a thorough analysis of the worldwide roofing adhesives industry. With reference to past growth patterns and the current status of the roofing adhesives market, the study attempts to offer practical insights on growth projections for the worldwide industry. The verified information in the study comes from a significant quantity of primary and secondary research. The data-driven insights are extremely helpful tools that offer a deeper understanding of many aspects of the global roofing adhesives market. This helps users' developmental approach even more.

Focus on Eco-Friendly Solutions

• The market for roofing adhesives is being greatly impacted by the need for eco-friendly solutions. In the past, volatile organic compounds, or VOCs, were present in the solvents used to make a variety of roofing adhesives. In addition to creating air pollution, these volatile organic compounds (VOCs) may also be detrimental to human health.  Conventional adhesives may contain non-renewable resource-based ingredients.
• The growing environmental consciousness is accompanied by an increasing demand for sustainable building techniques. For this reason, it is imperative to draw attention to environmentally safe roofing adhesives. To address these problems, producers are developing new recipes. Key domains of innovation encompass the subsequent areas:
• Decreased VOC Level: Manufacturers of adhesives are reformulating their products in an effort to lower emissions of volatile organic compounds. Making water-based adhesives that don't need solvents at all or using solvent alternatives that have less volatile organic compounds in them are two ways to achieve this.
• Natural resins or plant starches can be used into the adhesive composition as bio-based ingredients. This is an additional tactic. As a result, the product is more sustainable and depends less on materials that come from petroleum.
• Robust adhesives minimise the quantity of solvent or water needed to create the final product. As a result, during application, less trash is produced, and the industrial process's negative environmental impact is lessened.
• By giving priority to eco-friendly solutions, roofing adhesive producers may not only satisfy builders and environmentally conscious customers, but also adhere to increasingly stringent environmental requirements. The shift towards sustainability is expected to result in a large growth in the roofing adhesives market.

Market Restraining Factors:

High Cost Associated with the Production of Floor Adhesive

• The roofing adhesive market is anticipated to face considerable constraints and impediments in the upcoming year, primarily from fluctuations in the material's production costs brought on by the high cost of raw materials like oil.
• Furthermore, the market for roofing adhesive is expected to grow more slowly throughout the forecast period because of the stringent environmental regulations that control the substance's use.
• This study on the roofing adhesive market includes detailed information about import-export laws, production analysis, value chain optimisation, market share, the impact of domestic and local companies, and prospects for revenue growth. Additional subjects discussed include market size, growth in the category market, application dominance and niches, product launches, approvals, global expansions, and industry technological breakthroughs.

Key Industry Developments:

In January 2024, Henry Company, a leading roofing manufacturer, announced the launch of its new Eco-Seal Roof Adhesive. This water-based adhesive is formulated with bio-based content and is certified as a USDA BioPreferred product. It is designed for a variety of roofing applications, including adhering membranes, flashings, and insulation. This development highlights the growing trend towards sustainable and environmentally friendly products in the roofing industry.

In December 2023, Sika AG, one of the global leader in specialty chemicals, announced the expansion of its roofing adhesives production facility in China. The expansion will increase the company's production capacity for roofing adhesives in the Asia Pacific region by 50%. This move reflects the growing demand for roofing adhesives in China and other developing markets.

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.

Report Coverage:

The report will cover the qualitative and quantitative data on the global Roofing Adhesives Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

By Type (Polyurethane, Epoxy, Silicone, Acrylic, Others), By Technology (Solvent borne, Waterborne, Others), By Application (Building and Construction, Residential, Non-Residential/ Commercial)

Report Scope and Segmentations:

Key Companies in the Roofing Adhesives Market Include:

• Polyglass USA, Inc.,
• MAPEI S.p.A.
• Sika AG
• Henkel AG & Co. KgaA
• BASF SE
• 3M
• Bostik
• B. Fuller
• Henry
• Arkema
• Taylor
• Apollo Roofing Solutions
• GAF
• Karnak
• Chemlink
• Wacker Chemie AG
• Pidilite Industries Ltd.
• Johns Manville
• Liquid Nails
• IKO Industries Ltd.
• Finpan, Inc.

Roofing Adhesives Market Segmentation:

By Type

• Polyurethane
• Epoxy
• Silicone
• Acrylic
• Others

By Technology

• Solvent borne
• Waterborne
• Others

By Application

• Building and Construction
• Residential
• Non-Residential/ Commercial

Segmentation Analysis:

The market scope is segmented because of by Type, by Technology, by Application.

By Type

Based on the Type of the market is segmented into Polyurethane, Epoxy, Silicone, Acrylic, Others.

Polyurethane adhesives are widely recognised for their exceptional strength, durability, and resistance to chemicals and water. They are ideal for a variety of roofing applications since they can be used to attach metal roofs, single-ply membranes (such TPO or PVC), and various kinds of insulation boards.

Epoxy adhesive is an outstanding high-performance substitute that adheres well to metal, wood, and concrete roofing components. They work particularly effectively in areas like industrial settings or locations where harsh chemicals may be present, when a high level of chemical resistance is essential.

Silicone adhesives provide excellent flexibility and resistance to environmental elements, making them ideal for roofs exposed to severe weather or frequent movement. They are often used for sealing around roof penetrations like skylights, vents, and pipes because of their ability can tolerate expansion and contraction.

Acrylic adhesives are a reasonably inexpensive alternative because of their high adhesion capabilities and ease of application. They are commonly utilised for bonding reasons in less demanding materials such as felt underlayment or asphalt shingles.

By Technology

Based on the Technology of the market is segmented into Solvent borne, Waterborne, Others.

Solvent-borne adhesives have traditionally been used for roofing applications. In order to make the adhesive components easier to apply, organic solvents are dissolved into the formulation.  These adhesives are very adaptable and offer superior adhesion to an array of roofing materials. However, one drawback is that the solvents may release hazardous volatile organic compounds (VOCs) and exacerbate air pollution. When using them, make sure you have adequate ventilation because they may also smell strongly.

Waterborne adhesives are an eco-friendly alternative. They significantly reduce VOC emissions because their primary solvent is water. This makes them a better choice for projects with stricter environmental regulations or for people who are interested in sustainable building methods.  Although they attach well, waterborne adhesives may not have as strong of a bond as solvent-borne adhesives.  Moreover, their suitability for some roofing materials, particularly particular varieties of insulating boards, can be limited.

By Application

Based on the Application of the market is segmented into Building and Construction, Residential, Non-Residential/ Commercial.

The largest category is Building & Construction, which covers the use of roofing adhesives in various construction projects, including the installation of new buildings and the repair and refurbishment of existing ones. These initiatives seal, insulate boards, and use roofing adhesives to bind roofing membranes at roof penetrations—areas where pipes, vents, or other elements protrude through the roof.

Residential roofing is one of the primary application areas for roofing. Here, roofing adhesives are used to attach metal roofs, asphalt shingles, and various kinds of underlayment, which are waterproof barriers placed beneath the shingles. They are necessary to keep a home's roof strong and waterproof.

Non-residential buildings like offices, warehouses, factories, and retail establishments employ roofing adhesives. We refer to this kind of building as non-residential/commercial. Several adhesive kinds may be used in this case, depending on the type of roofing system and the necessary performance attributes. For instance, stronger adhesives can be required for flat roofs of commercial structures than for residential shingles.  Additionally, adhesives used in business environments might need to be fire-resistant.

Regional Snapshots:

The Asia-Pacific region holds the greatest market share because to the notable increase in the construction industry in countries like China, India, and Southeast Asia. Expanding infrastructure developments and the growing need for affordable housing are driving the local roofing adhesives industry.

In the roofing adhesive market in North America, major manufacturers have a solid reputation. Because the US and Canada have developed economies, there is always a need for high-performance roofing solutions, including innovative adhesives. The emphasis on maintaining and renovating existing structures is contributing to the market's growth.

Strict environmental regulations shape and control the European market. As a result, low-VOC, eco-friendly roofing adhesives are currently receiving attention. The growing emphasis on energy efficiency in buildings has led to a significant demand for adhesives suitable for green roofs and solar panel installations.

The roofing adhesives market is expected to grow rapidly in Latin America, the Middle East, and Africa due to rising disposable incomes and higher investments in infrastructure development, which will stimulate greater construction activity. Consistent market expansion, however, can encounter challenges because many of these countries experience political and economic turmoil.

Roofing Adhesives Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report:

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

• How much the global Roofing Adhesives Market valued?
• Which region has the largest share in 2024 for the global Roofing Adhesives Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Roofing Adhesives Market

• Historic year: 2018- 2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Million

Roofing Adhesives Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: