DUBLIN--(BUSINESS WIRE)--The "Roof Coatings Market by Material - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
The global roof coatings market was valued at $951 million in 2016, and is expected to reach $1,680 million by 2023, registering a CAGR of 8.8% from 2017 to 2023.
Roof coating is a fluid applied roofing membrane, which is used to regulate the temperature of buildings. These coatings possess elastic properties, which allow them to stretch and retain its original shape. They are the top layer of composite roof membrane and underlying system.
The growth of the global roof coatings market is driven by surge in cool roof technology and the development of the construction industry. Moreover, increase in construction activities in Asia-Pacific is anticipated to boost the global roof coatings market during the forecast period. Roof coatings help to reduce the use of air conditioning systems, which in turn helps to minimize pollution and save energy. However, one of the major challenges for the growth of the market is the volatile raw material prices. Conversely, the development of green technologies is anticipated to provide new opportunities for the key players.
- RPM International Inc.
- The Dow Chemical Company
- AkzoNobel NV
- BASF SE
- Nippon Paint Co. Ltd
- Valspar Corporation
- PPG Industries, Inc.
- The Sherwin-Williams Company
- Hempel A/S
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Global Roof Coatings Market, By Material
Chapter 5. Global Roof Coatings Market, By Technology
Chapter 6. Global Roof Coatings Market, By Roof Types
Chapter 7. Global Roof Coatings Market, By Application
Chapter 8. Market Size And Forecast Global Roof Coatings Market, By Geography
Chapter 9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/7wd7xs/global_roof?w=4