The global roofing insulation adhesives market was valued at around USD 1 billion in 2016 and is expected to reach almost USD 2 billion by 2021, says Technavio.
Technavio has announced its latest industry research study on the global roofing insulation adhesives market, under its additives, adhesives, and sealants portfolio. This report discusses the main drivers and major emerging trends and offers a breakdown of key vendors like 3M, Arkema, BASF, Henkel, Sika, and The Dow Chemical Company.
According to Ajay Adhikari, a lead analyst for additives, adhesives, and sealants research at Technavio, “The rising demand for green roofing or vegetated roofs is driving the growth of the market. Green roofing uses green technology, such as cool roofs, solar panel covered roofs, and photovoltaic panels to offer a cooling effect to the building and promote sustainable development. These technique is gaining immense popularity among environment-friendly residential and commercial builders in the global market.”
Green roofing is a building roof, which is partially or fully covered with vegetation planted over a waterproofing membrane. The adoption of this roofing method is very high in developed countries like Canada, the US, and the UK. Moreover, it is estimated that the increase construction of condominiums and luxury apartments in urban areas of emerging countries will drive the market growth during the forecast period.
Click here to request a free sample of this report
Development of environment-friendly roofing products
The increasing preference for constructing buildings with environment-friendly insulated roofing systems in developed economies like Canada, the US, and Germany will boost the demand for these insulation adhesives in the market. Green roofs, cool roofs, and other related energy-saving roofing systems are being introduced in the market to promote sustainable development in various countries around the world.
Growing focus on roofing design
The vendors are focusing on developing better roofing designs to provide better energy saving in the buildings, which, in turn, will lead to the growth of the market during the forecast period. The manufacturers are designing energy-efficient roofs that ensure better reflection of ultraviolet and infrared rays, which lowers the general temperature of the building and reduces the use of air conditioners and other cooling equipment.
Ask an analyst to know more about this report
This market study comprises a detailed report on market shares and sizes of the sub-sectors and geography. A breakdown of the leading companies, including their market shares, business overview, key financials, etc. is provided in this study. This market research analysis also provides a detailed study of main drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Roofing Insulation Adhesives Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Insulation Market 2017-2021
- Global Vacuum Insulation Panels Market 2017-2021
- Global Electric Insulator Market 2016-2020
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
