Liquid Roofing Market to be Worth USD 7.48 Billion by 2021


Posted September 21, 2018 by armaan007

Liquid Roofing Market expected to reach USD 7.48 Billion by 2021, at a CAGR of 7.1%, over 2016–2021

 
Global Liquid Roofing Market size was USD 4.97 Billion in 2015, and is expected to register a CAGR of 7.1% between 2016 and 2021. The market size was 2,333.0 Million square meter in 2015; it is projected to register a CAGR of 6.7% during the forecast period. In this study, 2015 has been considered as the base year and 2021 as the forecast year for estimating market size of liquid roofing between 2016 and 2021.

Request for free sample PDF: https://www.marketsandmarkets.com/pdfdownload.asp?id=44859685

Silicone coating was the largest segment for the liquid roofing market in 2015. The unique combination of properties of silicones is well suited to coating applications. The products used for silicone polymers as additives and silicone resins as the main component or binder. Silicone polymers are used to ease application of paints. The surface properties of silicones enable a paint to wet a substrate easily and give it a smooth appearance once dry. Silicone resins offer resistance to weathering in paints for exterior surfaces such as bridges and roofs of buildings. They also provide water repellence to masonry surfaces such as stone and brick.

China, India, Japan, and Australia are some of the key Liquid Roofing Market in Asia-Pacific, which together accounted for nearly 38.12% of the overall market, in terms of volume, in 2015. Rising population, urbanization, and industrialization along with growing concerns related to infrastructure development and waterproofing in China and India are some of the factors that will drive the market for liquid roofing in Asia-Pacific during the forecast period. Residential construction activities in Asia-Pacific have increased due to the rising income levels, shift toward nuclear families, affordable interest rates, and changing preferences in terms of home ownership in several countries. Several new construction activities are expected to begin in the region during the forecast period, thus driving the liquid roofing market.

The liquid roofing market has a diversified and established ecosystem of its upstream players such as raw material suppliers, including BASF (Germany), Dow Chemical (U.S.), Saint-Gobain (France), 3M (Minnesota), and AkzoNobel N.V. (Netherlands), Bergquist Company (U.S.), Indium Corporation (U.S.), and Parker Hannifin (U.S.), among others.

Early buyers will receive 10% customization on this report.

For more details: https://www.prnewswire.com/news-releases/liquid-roofing-market-worth-748-billion-usd-by-2021-591003291.html

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Marketsandmarkets
Country India
Categories Construction , Engineering , Marketing
Tags liquid roofing , liquid roofing applications , liquid roofing industry , liquid roofing manufacturers , liquid roofing market
Last Updated September 21, 2018