DUBLIN--(BUSINESS WIRE)--The "Roof Coating Market by Type, Substrate, Technology, Roof Type, End-use Sector, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The roof coating market is projected to grow at a CAGR of 3.48% from 2017, to reach USD 1.94 billion by 2022
The roof coating market is projected to witness considerable growth due to the growing awareness about environment-friendly roofing materials and increasing need for efficient building thermal management. Moreover, regulatory frameworks promote the use of roof coating. The roof coating market has immense opportunities owing to the emergence of new technology and growing construction industry in emerging economies. Factors such as high costs of production and application restrain the growth of the market.
The roof coating market, by end-use sector, is segmented into residential and non-residential. The non-residential segment is further divided into commercial, hospitality, healthcare, and others. The demand for roof coating in the residential sector is minimal as compared to that in non-residential, mainly due to the lack of awareness in this market. The demand for roof coating in the non-residential sector is higher as safety concerns are higher in non-residential constructions such as hospitals and hotels.
Asia Pacific is projected to be the fastest-growing in the roof coating market, in terms of value and volume, followed by Middle East & Africa, North America, and Europe. Asia Pacific is the hub of foreign investments and booming residential & non-residential construction sectors, largely due to the low-cost labor and cheap availability of land. The increase in demand for roof coating can largely be attributed to the rising population of the region with high disposable incomes and the construction opportunities in this region. Moreover, the increasing demand for sustainable & eco-friendly construction drives the roof coating market in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Roof Coating Market, By Type
8 Roof Coating Market, By Substrate
9 Roof Coating Market, By Roof Type
10 Roof Coating Market, By Solution Technology
11 Roof Coating Market, By End-Use Sector
12 Roof Coating Market, By Region
13 Competitive Landscape
14 Company Profiles
- Akzo Nobel N.V.
- Anvil Paints & Coatings, Inc.
- Armor Coat Roof Coatings
- Asian Paints Limited
- BASF SE
- Duro-Last, Inc.
- Gardner-Gibson, Inc.
- Hempel A/S
- Johns Manville
- Kansai Paint Co., Ltd.
- National Coatings Corporation
- Nippon Paint Holdings Co., Ltd.
- PPG Industries, Inc.
- RPM International Inc.
- SK Kaken Co., Ltd.
- SR Products
- Sika AG
- Surface Chemists of Florida, Inc.
- The DOW Chemical Company
- The Karnak Corporation
- The Lubrizol Corporation
- The Sherwin-Williams Company
- Tikkurila OYJ
- Wacker Chemie AG
For more information about this report visit https://www.researchandmarkets.com/research/s8x8wv/roof_coating