MARKET OVERVIEW
Roofing chemicals are chemical products used in the roofing industry for waterproofing, insulation, and maintenance purposes. They protect and extend the lifespan of roofs by providing a barrier against environmental factors such as water and UV rays. These chemicals include waterproofing coatings, sealants, adhesives, and insulation materials applied to various roofing materials like asphalt, metal, and tile in both commercial and residential roofing. The need for energy efficiency and the growing trend toward sustainable construction drive the demand for roofing chemicals.
MARKET DYNAMICS
The roofing chemicals market is expected to witness high growth owing to factors such as growing demands for energy-efficient roof coatings coupled with the rising construction industry. Growing focus on green roofing systems further boosts the roofing chemicals market growth. However, high manufacturing and installation costs and a lack of skilled labor negatively impact the overall market growth. Nonetheless, emerging markets offer growth opportunities for the roofing chemicals market and the key players involved.
MARKET SCOPE
The "Global Roofing Chemicals Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on global market trend analysis. The report aims to provide an overview of the roofing chemicals market with detailed market segmentation by type, application and geography. The global roofing chemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading roofing chemicals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global roofing chemicals market is segmented based on type and application. Based on type, the market is segmented as asphalt/bituminous, acrylic resin, epoxy resin, styrene, and elastomers. Based on the application the market is segmented as membrane roofing, elastomeric roofing, bituminous roofing, metal roofing and plastic (PVC) roofing.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global roofing chemicals market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The roofing chemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the roofing chemicals market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trends. The report also provides an exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the roofing chemicals market in these regions.
MARKET PLAYERS
The reports cover key developments in the roofing chemicals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from the roofing chemicals market are anticipated to have lucrative growth opportunities in the future with the rising demand for roofing chemicals in the global market. Below mentioned is the list of few companies engaged in the roofing chemicals market.
The report also includes the profiles of key roofing chemicals companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for the last three years, key developments in the past five years.
- 3M Company
- Akzo Nobel N.V.
- Carlisle Companies Inc.
- Compagnie de Saint-Gobain
- Firestone Building Products Company, LLC
- GAF Materials LLC
- Johns Manville (Berkshire Hathaway Inc.)
- Owens Corning
- Sika AG
- The Dow Chemical Company