Roof Coatings Market Overview:
Roof Coatings Market may expand at a CAGR of nearly 5% to register over USD 200 Million by the end of 2023.
Roof Coatings Market Key Players:
• BASF SE,
• Sika AG,
• Evonik Industries AG,
• PPG Industries,
• Akzo Nobel N.V,
• 3M,
• Bayer,
• Asian Paints Limited,
• Berger Paints,
• Nippon Paint Company,
• Valspar Corporation,
• Hempel,
among others are some of the prominent players at the forefront of competition in the global Roof coating market and are profiled in MRFR Analysis.
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Roof Coatings Market Segmentation:
The roof coating market is segmented into five key dynamics for the convenience of the report,
By Types:
Bituminous, Elastomeric, Acrylic, Silicone, and Epoxy among others.
By Substrates:
Metal, Concrete, Asphalt, Plastic, and Membrane among others.
By Roof Types:
Flat, Low-Steeped, and Steep among others.
By Applications:
Residential, and Non-Residential among others.
By Regions:
North America, Europe, APAC and the Rest-of-the-World (RoW).
Roof Coatings Market Regional Analysis:
Besides, the healthy growth of the construction industry alongside the rapid urbanization and industrialization in the region will support the market growth in the region during the assessment period. Furthermore, increasing government investments in infrastructure development will foster the market growth for roof coatings especially in countries such as India, Japan, China, and South Korea.
The Asia Pacific region is estimated to dominate the global roof coatings market during the forecast period, followed by North America and Europe respectively. The burgeoning construction industry in some of the APAC countries such as China, India, Japan, and Indonesia drive the regional market growth.
The North American region has acquired the next largest market share in the global roof coatings market. The US backed by the increasing product demand in reconstruction applications accounts for the major contributor to the growth of this regional market.
The European region is emerging as a lucrative market for roof coatings, witnessing huge accruals. The increasing construction projects backed by the resurging economy in the region is contributing to the market growth significantly, augmenting the demand for the product. Countries such as the UK, France, Germany, Italy, Spain, and the Netherlands heading with their growing roof coatings market account for the key contributors of the market growth.
Roof Coatings Market Table of Content to be Continue…….,
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