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The Global Roof Coating Market size is forecast to reach USD 2.03 billion from USD 2,041.56 Million in 2021, delivering a CAGR of 4.79% through 2030. The market growth is driven by the evolving construction sector and rise in several residential & commercial construction projects, primarily across the developing economies.
Roof coatings are specifically designed for the protection of roof assemblies in construction in order to augment the life-span of roofs. These coatings are thicker than paints and are formulated to protect roofs from the harsh environmental or weathering effect, such as wind, rain, UV rays, and others.
In roof coatings, resins are mixed, which transforms into an elastomeric and durable film when applied to walls. This offers a unique waterproofing property that enables these coating to cover all the membrane seams and cracks. Some of the commonly used roof coatings in buildings are polyurethane coatings, acrylic coatings, silicone coatings, and asphalt coatings, among others.
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Top Companies: Sherwin-Williams, Valspar Corporation, PPG Industries, AkzoNobel NV, Nippon Paint Co. Ltd., RPM International Inc., The Dow Chemical Company, Fletcher Insulation, BASF SE, Hempel A/S, Owens Corning, GAF, Heritage Roofing, and Lloyd Insulations, among others.
Further key findings from the report suggest
Resin type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2019-2030)
Roof Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2019-2030)
Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2019-2030)
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Roof Coatings Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Roof Coatings Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Roof Coatings Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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