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Roofing Chemicals Market Size, Share Global Analysis Report, 2020–2026
Roofing Chemicals Market By Type (Acrylic resin, Asphalt/ Bituminous, Elastomer, Epoxy resin, Styrene) and By Application (Membrane roofing, Elastomeric roofing, Bituminous roofing, Metal roofing, Plastic (PVC) roofing): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
The Roofing Chemicals market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Roofing Chemicals market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Roofing Chemicals industry. The report analyzes and declares the historical and current trends analysis of the Roofing Chemicals industry and subsequently recommends the projected trends anticipated to be observed in the Roofing Chemicals market during the upcoming years.
Key Insights from Primary Research
- As per the analysis shared by our primary respondents, the Roofing Chemicals market is expected to grow at a CAGR of around 7%.
- Through the primary analysis, it was identified that the Roofing Chemicals market was valued at around USD 115 Billion in 2019.
- The “Asphalt/ Bituminous” category, on the basis of type segmentation, is expected to be the leading revenue-generating category.
- On the basis of application segmentation, the “Bituminous roofing” category is expected to hold the leading share.
- On the basis of region, the Asia Pacific region is expected to dominate the market because of the growing construction activities in this region.
Key Recommendations from Analysts
- As per our analysts, the roofing chemicals market is in huge demand as it provides good protection from external natural factors like rain, sunlight, wind, and high temperatures.
- The roofing chemicals market is available in various types which provides various options for customers to choose from, based on their requirements.
- As the roofing chemicals market is growing at a CAGR of around 7%, there are many opportunities for shareholders across the entire value chain.
- The rising demand for the roofing chemicals market from developing regions like the Asia Pacific region provides various opportunities for the major players of this market to invest in these countries for higher profits in the coming years.
- The growing demand for a sustainable lifestyle provides a range of opportunities for manufacturers in innovating new chemicals and roofing chemical products that are less harmful to the environment.
Market Attractiveness – By End-User
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Roofing Chemicals industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Roofing Chemicals industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Roofing Chemicals market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Roofing Chemicals industry. The Roofing Chemicals market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the Roofing Chemicals sector. Key strategic developments in the Roofing Chemicals market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Roofing Chemicals market are appropriately highlighted in the report.
Roofing chemical material is the outermost layer on the roof of the building, which makes the roof of the building waterproof and prevents water from leaking into the built structure. With the rising population around the globe, there is an increasing demand for residential and commercial construction around the world which helps to increase the market for roofing chemicals. The use of synthetic chemical-based roofing materials that have harmful effects on the environment is proving to be a constraint on the growth of the roofing chemical industry. Growing developments related to bio-based roofing chemicals that leave less carbon footprint provide a range of opportunities for the growth of the roofing chemicals industry.
The Roofing Chemicals market research report delivers an acute valuation and taxonomy of the Roofing Chemicals industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Roofing Chemicals industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Roofing Chemicals industry is provided for the leading economies of the world.
The Roofing Chemicals market is segmented based on Type and Application. On the basis of type segmentation, the market is classified into Acrylic resin, Asphalt/ Bituminous, Elastomer, Epoxy resin, and Styrene. In terms of Application segmentation, the market is bifurcated into Membrane roofing, Elastomeric roofing, Bituminous roofing, Metal roofing, and Plastic (PVC) roofing.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 115 Billion |
Projected Market Size in 2026 |
USD 160 Billion |
CAGR Growth Rate |
7% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
BASF SE, The Dow Chemical Company, E. I. du Pont de Nemours and Company, Saint-Gobain S.A, Eastman Chemical Company, 3M Company, Owens Corning, Akzo Nobel N.V, Sika AG, and Others. |
Key Segment |
By Type, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the Roofing Chemicals industry by its scope and segmentation is as follows:
Some of the essential players operating in the Roofing Chemicals market, but not restricted to include
- BASF SE
- The Dow Chemical Company
- E. I. du Pont de Nemours and Company
- Saint-Gobain S.A
- Eastman Chemical Company
- 3M Company
- Owens Corning
- Akzo Nobel N.V
- Sika AG
By Type Segmentation Analysis (Customizable)
- Acrylic resin
- Asphalt/ Bituminous
- Elastomer
- Epoxy resin
- Styrene
By Application Segmentation Analysis (Customizable)
- Membrane roofing
- Elastomeric roofing
- Bituminous roofing
- Metal roofing
- Plastic (PVC) roofing
Regional Segmentation Analysis (Customizable)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- BASF SE
- The Dow Chemical Company
- E. I. du Pont de Nemours and Company
- Saint-Gobain S.A
- Eastman Chemical Company
- 3M Company
- Owens Corning
- Akzo Nobel N.V
- Sika AG
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