Maximize Market Research, a Global Business Consultancy, Launches the Highly Anticipated Roof Coating Market Report
Maximize Market Research, renowned for serving large and medium-sized enterprises worldwide, announces the release of its eagerly awaited "Roof Coating Market" Report. With a global presence spanning 34 countries, the report provides valuable insights for industry players and stakeholders.
Estimated Growth Rate for Roof Coating Market
The Global Roof Coating Market size was valued at USD 2.78 billion in 2023 and is expected to grow at a CAGR of 3.7% from 2024 to 2030, reaching a market size of approximately US$ 3.59 billion by 2030.
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Roof Coating Market Research Methods and Report Scope
Report Scope: The report underscores the Asia Pacific region's immense potential as a lucrative opportunity for the Roof Coating market and its component manufacturers over the next decade. Notably, the market has demonstrated resilience and an upward trend post the Covid lockdown period, even amid economic challenges. The report delves into the promising prospects and opportunities in the Asia Pacific region for the Roof Coating market in the coming years.
Research Methods: Market experts anticipate a steady rise in the Roof Coating market between 2022 and 2030. Leading industry players are expected to take aggressive measures to fuel sector growth through 2022. The report covers import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits in the Roof Coating market. It also analyzes manufacturing bases, capacity, production, factory prices, revenues, and market share for each manufacturer. The report explores countries (regions) such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
Roof Coating Market Segmentation
by Type
Elastomeric
Bituminous
Acrylic
Silicon
Epoxy
Others
by Technology
Water-based
Solvent-based
The market for roof coatings is divided into two segments based on technology: solvent-based and water-based. Due to an increase in the demand for antifungal coating, the water-based segment of the market held a dominant position in 2023. These coatings are made to prevent fungal development and provide exceptional tensile strength. Over the past few decades, there has been a notable increase in the solvent-based sector market. Solvent-based coatings are produced by mixing catalyst and solvent with silicon coating, which facilitates roller and spray application.
by Substrate
Metal
Concrete
Asphalt
Plastic
Membrane
The roof coating market is divided into five segments based on substrate: Metal, Concrete, Asphalt, Plastic, and Membrane. Because it is inexpensive and simple to install, the asphalt sector had the biggest market share in 2023. Because the asphalt substrate is readily accessible around the world, the product's cost is reduced. Coatings with chemical resistance and waterproofing, including silicone and urethane, extend the product's lifespan. Because metal roofing doesn't catch fire during a wildfire, it is said to be the safest type of roofing material. Metals are coated with silicon to increase their longevity and prevent corrosion. During the projection period, it is expected that the roof coating market would witness a considerable increase in market size for the membrane and plastic roofing segments.
by End-User
Residential
Non-residential
The roof coating market is divided into residential and non-residential end users based on end users. In 2023, the non-residential category had the biggest market share. The building industry's demand for roof coating and growing industrialization are expected to propel this category to its expected position as the market leader by 2030. A large portion of the market is accounted for by the residential segment because of migration and population growth. This increases the home market's demand for roof coating.
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Roof Coating Market Key Players
1. RPM International Inc.
2. The Dow Chemical Company (US)
3. AkzoNobel NV
4. BASF SE
5. Nippon Paint Co. Ltd
6. PPG Industries, Inc.
7. The Sherwin-Williams Company
8. Hempel A/S
9. Sika AG
10. Tikkurila OYJ
11. Wacker Chemie AG
12. Anvil Paints and Coatings, Inc.
13. Asian Paints Limited
14. Armor Coat Roof Coatings
15. Kansai Paint Co., Ltd.
16. SR Technologies
17. GAF
18. SK Kaken Co., Ltd.
19. Surface Chemists of Florida, Inc.
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Table of content for the Roof Coating Market includes:
Part 01: Executive Summary
Part 02: Scope of the Roof Coating Market Report
Part 03: Global Roof Coating Market Landscape
Part 04: Global Roof Coating Market Sizing
Part 05: Global Roof Coating Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Analysis
The Roof Coating market report offers an extensive regional analysis across Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into key geographies, highlighting segments and sub-segments within the industry. The report presents figures, revenue data, and a thorough analysis of the business chain structure, providing insights into opportunities and industry news. Businesses can gain a profound understanding of market dynamics, enabling informed decisions and capitalizing on emerging prospects.
Key Questions answered in the Roof Coating Market Report are:
- What is Roof Coating Market?
- What is the forecast period of the Roof Coating Market?
- What is the competitive scenario of the Roof Coating market?
- Which region held the largest market share in the Roof Coating Market?
- What are the opportunities for the Roof Coating Market?
- What are the restraining factors in the Roof Coating market?
- Who are the key players of the Roof Coating market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Roof Coating
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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