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Roof Coating Market by Type, Substrate, Technology, Roof Type, End-use Sector And Region - Global Forecast to 2022

Roof Coating Market: Global Forecast until 2022

  • August 2017
  • 203 pages
  • ID: 5090304
In this report:
In terms of value, the non-residential segment of the Rest of Europe roof coating market, by end-use sector, accounted for a larger share of ##.##% in 2016.
In terms of value, the non-residential segment of the European roof coating market, by end-use sector, accounted for a larger share of ##.##% in 2016.

Summary

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Roof coating market is estimated to rise at a compound annual growth rate of ~3.5 percent during the forecast period.

The roof coating market is estimated to rise at a compound annual growth rate of ~3.5 percent from 2017, to attain ~$1.9B by 2022. The roof coating market is forecasted to witness considerable increase due to the increasing awareness about environment-friendly roofing materials and growing need for efficient building thermal management.

Also, regulatory frameworks promote the use of roof coating. The roof coating market has immense opportunities due to the emergence of new technology and increasing construction industry in emerging economies. Elements such as high costs of production and application restrain the increase of the market.

The non-residential market is forecasted to dominate the roof coating market through 2022.

The roof coating market, by end-use industry, is broken down into residential and non-residential. The non-residential segment is further divided into commercial, hospitality, healthcare, and others.

The market demand for roof coating in the residential market is minimal as compared to that in non-residential, primarily due to the lack of awareness in this industry. The industry demand for roof coating in the non-residential industry is higher as safety concerns are higher in non-residential constructions including hospitals and hotels

The Asia Pacific roof coating market is intended to be the quickest-rising during the forecast period.

Asia-Pac is forecasted to be the quickest-increasing in the roof coating market, in terms of value importance and quantity, succeeded by Middle East (ME) & African continent, North America continent, and Europe (EU). Asia Pacific (APAC) is the hub of foreign investments and booming residential & non-residential construction markets, largely due to the low-cost labor and cheap availability of land.

The growth in demand for roof coating can largely be attributed to the growing population of the area with high disposable incomes and the construction opportunities in this area. Furthermore, the growing demand for sustainable & eco-friendly construction drives the roof coating market in the territory.

Breakdown of Primaries

Primary Q&A were managed with a number of industry experts in order to gather info associated to various aspects of the roof coating market. Measures reached after analyzing secondary sources were validated through these interviews.

Primary sources included professionals including manufacturers, distributors, consultants, and academic professionals. The classification of primaries interviews are like:

By Company Type: Tier 1 - 35.0 percent, Tier 2 - 30.0 percent, and 1/3 3 - 35.0 percent

By Designation: Manager Level - 65.0 percent, C Level - 35.0 percent

By area: North america (NA) - 25.0 percent, Asia Pacific - 22.0 percent, Europe - 28.0 percent, and South America - 10.0 percent, Middle East & Africa - 15.0 percent

Note: Tier 1: Revenue > $500.0M, Tier 2: $100.0M < Revenue < $500.0M, Tier 3: Revenue < $100.0M

Segment Research

The distribution considered for this business report is based on category, substrate, roof type, solution technology, end-use market, and area, which constitutes the top sectors.

The industry report includes exhaustive information concerning the main factors influencing the increase of the roof coating market including drivers, industry restraints, opportunities, and possibilities. An in-depth study of the main industry actors has been done to furnish business insights into their sector overview, products & services, top strategies, and recent evolutions combined with the roof coating market.

Why acquiring this study can help you

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the roof coating market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. The market research will facilitate partners to comprehend the sector and offers them information on the main market drivers, market restraints, alternatives, and opportunities.

3. This industry report will facilitate partners to better find out their players and obtain additional insights with regard to their rank in the business sector. The company profiles section includes strategies approved by roof coating manufacturers including new product launches, acquisitions, and business developments & market investments.

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