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.
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.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.