Roofing Adhesives Market Spurred by Higher Usage in Recovering Building & Construction Industry
Roofing adhesives also functions with the same features and helps in binding together sheets of SBS-mod-bit or asphalt roll roofing. They can be used in both hot and cold forms and are available in a variety of sizes. Also, they are capable of maintaining their performance regardless of exposure to UV light, rain, heat, salt water, and other weathering conditions. There are different kinds of adhesives like hot glue, fabric adhesives, epoxy, polyurethane and others. Hence, the demand for these adhesives is being increased which leads growth to the Roofing Adhesives Market.
Recovering building & construction industry in most of the regions is the major key factor that drives high growth for the Roofing Adhesives Market. Infrastructural development and increasing usage of coatings and adhesives in residential and non residential/commercial construction are the major growth drivers of the market. Among all applications residential construction segment is holding the largest share and is dominating the market.
North America is dominating the Roofing Adhesives Market, due to higher usage of roofing adhesives in building and construction industry. Europe is holding the second position followed by Asia-Pacific. Asia-Pacific is projected to have the fastest growth during the forecast period, due to increasing demand from its expanding building & construction industry as a result of fast development of the infrastructure in the region.
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