Roof Coating Market, By Type (Elastomeric, Bituminous, and Tiles), By Roof Type (Slope Roof and Flat Roof), By Technology (Solvent-based and Water-based), By Substrate (Metal, Asphalt, Concrete, Plastic, Membrane), By Application (Residential, Commercial, Hospitality, Healthcare, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI264519 | Publish Date: February 2023 | No. of Pages: 182

Global Roofing Coatings Market By Overview

Introduction:

Roof Coatings are fully adhered, monolithic and fluid applied roofing membrane. Most of the roof coatings are elastomeric as they has elastic properties which allows them in stretching & returning to their original shape without damage. Roof Coatings is the process which is used for protecting and extending life of an installed roofing system. Roof Coatings are also known as roof covering. Roof Coatings use a thick coating formula which includes, high quality resins. Roof Coatings application provides extra layer of protection. Most common types of Roof Coatings are asphalt coatings, acrylic coatings, silicone coatings, and polyurethane coatings. Asphalt has dominated the target market growth. Rising construction activities has driven the market growth. Roof Coatings are widely used in construction of hospitals, commercial buildings, educational institutes, etc. Elastomeric coating has superior properties like better compatibility, elasticity, durability, and resistance to mildew and fungi. Elastomeric coating has dominated the target market growth due to its excellent properties. Roof coatings improves the protection of roof. Climatic condition like hailstones damage the roof but roof coatings provides protection by adding additional layer of protection. Rising urban population has contributed in development of infrastructure, concrete jungles and industrialization, and rise in temperature. To stop the heating of the roofs and to reduce the indoor temperature roof coatings are used as cool top. Cool roof coatings are in demand for indoor cooling, and to prevent cracks. Rapid growth in urban population has contributed in construction activities and growth in industries which has given rise in use of roof coatings and thus, become a positive impact on target market growth. Roof Coatings Market accounted for US$ 3.82 billion in 2022 and is estimated to be US$ 9.2 billion by 2032 and is anticipated to register a CAGR of 8.6%.

Global Roofing Coatings Market By Dynamics

The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.

Restrains:

In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.

Global Roofing Coatings Market By Segmentation

The global roof coatings market report segments the market on the basis of type, application, and region.

The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the global roof coatings market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
  • PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

Global Roofing Coatings Market By Key Players

Key players in the global roof coatings market include,

  • BASF SE
  • Akzo Nobel N.V.
  • The Dow Chemical Company
  • RPM International Inc.
  • The Sherwin Williams Company
  • Sika AG
  • PPG Industries Inc.
  • Nippon Paint Holdings Co. Ltd
  • Nouryon
  • Kemper System

 Prophecy Market Insights offers required customization on this report according to specific business requirements.

Global Roofing Coatings Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Roofing Coatings Strategies
      • Key Questions this Study will Answer
        • By Type (Elastomeric, Bituminous, and Tiles)

        • By Application (Residential, Commercial, Hospitality, Healthcare, and Others)

        • By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) 

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
  • North America (U.S., Canada)
  • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
  • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Roofing Coatings Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
    • BASF SE
    • Akzo Nobel N.V.
    • The Dow Chemical Company
    • RPM International Inc.
    • The Sherwin Williams Company
    • Sika AG
    • PPG Industries Inc.
    • Nippon Paint Holdings Co. Ltd
    • Nouryon
    • Kemper System
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The roof coatings market report segmented into type, application, and region.

Factors driving market growth include the increasing focus on energy-efficient roofing solutions, rising demand for sustainable construction materials, and the need for enhanced roof protection.

Global restraints may involve challenges related to the application process, the impact of weather conditions on coating performance, and competition from alternative roofing materials.

What are the regions considered in the report, and which region will dominate the Roof Coating Market?

The key players operating in the coatings and paints industry include BASF SE, Akzo Nobel N.V., The Dow Chemical Company, RPM International Inc., The Sherwin-Williams Company, Sika AG, PPG Industries Inc., Nippon Paint Holdings Co. Ltd, Nouryon, and Kemper System.