Global Roof Coatings Market, By Type (Bituminous, Elastomeric, Acrylic, Epoxy, Silicone), By Product

Published Date: | Report Code : MT1912792

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Increasing demand from residential and non-residential building constructions for various applications is expected to drive the market growth of the roof coatings market during the forecast period. roof coating helps to regulate the temperature of a resident or non-resident buildings. It increases the lifespan of a roof from different environmental factors such as rain, sunlight, and wind.

Segment Analysis: 

It is used in different kinds of roofs such as flats, low steeped, and steep of residents and non-residents buildings. It comes in two different forms of technology, namely, water-based and solvent-based.

Due to the increasing demand from various end users, roof coating manufacturers are producing advanced roof coatings. Roof coatings improve and expand the lifespan of a roof structure. This is expected to drive market growth. Moreover, increasing infrastructure has led to the growth of the roof coatings market. However, increasing the cost of materials for the development of roof coatings may hamper the market.

The US is expected to lead the roof coatings market with the largest share due to the increasing reconstruction activity. Moreover, the roof coatings market in Europe, the US, Latin America, and others are expected to witness rapid growth due to rapid urbanization and construction activity.

Key Factors Impacting Market Growth:

  • Rapid urbanization and increasing construction activity
  • Environmental factors to boost market growth
  • The US is expected to account for the largest market share

Regional Analysis: 

The roof coatings market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for the roof coatings market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include construction and others. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for roof coatings market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions. Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Building & construction and others are some of the major industries in the region with strong potential for roof coatings market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from residential and non-residential building construction.

Companies Covered: RPM International Inc., PPG Industries Inc., The Dow Chemical Company, Wacker Chemie AG, Sika AG, and Nippon Paint Holdings Co…

Market Segmentation:

By Type:

  • Bituminous
  • Elastomeric
  • Acrylic
  • Epoxy
  • Silicone

By Product:

  • Metal
  • Asphalt
  • Membrane
  • Concrete
  • Plastic

By Roof Type:

  • Flat
  • Low Steeped
  • Steeped

By End User:

  • Residential
  • Non-Residential

By Technology:

  • Water-Based
  • Solvent Based

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Product
    • By Roof Type
    • By End-User
    • By Technology
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Product
    • By Roof Type
    • By End-User
    • By Technology
  • Eastern Europe
    • By Country(Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Product
    • By Roof Type
    • By End-User
    • By Technology
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Product
    • By Roof Type
    • By End-User
    • By Technology
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Product
    • By Roof Type
    • By End-User
    • By Technology
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Product
    • By Roof Type
    • By End-User
    • By Technology

Reasons To Buy This Report:

  • Market size estimation of the roof coatings market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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