At 3.48 % CAGR Roof Coating Market potentially worth USD 1.94 billion by 2022

Study papers on Roof Coating market and regional forecast. Roof Coating market players are AkzoNobel N.V. (Netherlands), BASF SE (Germany), The Dow Chemical Company (US), Nippon Paints Co. Ltd (Japan), PPG Industries, Inc. (US), The Sherwin-Williams Company (US), RPM International Inc. (US), Sika AG (Switzerland), Wacker Chemie AG (Germany), Hempel A/S(Denmark).

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Roof coating market is projected to grow at a CAGR of 3.48% from 2017,to reach USD 1.94 billion by 2022. The roof coating market is projected to witness considerable growth due to the growing awareness about environment-friendly roofing materials and increasing need for efficient building thermal management. Moreover, regulatory frameworks promote the use of roof coating. The roof coating market has immense opportunities owing to the emergence of new technology and growing construction industry in emerging economies. Factors such as high costs of production and application restrain the growth of the market.

Target Audience

• Roof coating material producers
• Raw material producers and suppliers
• Roof coating  distributors and traders
• End-use sectors
• Governments and R&D institutions
• Market research and consulting firms
• Associations and industry bodies

Asia Pacific is projected to be the fastest-growing in the roof coating market, in terms of value and volume, followed by Middle East& Africa ,North America, and Europe .Asia Pacific is the hub of foreign investments and booming residential &non-residential construction sectors, largely due to the low-cost labor and cheap availability of land. The increase in demand for roof coating can largely be attributed to the rising population of the region with high disposable incomes and the construction opportunities in this region. Moreover, the increasing demand for sustainable & eco-friendly construction drives the roof coating market in the region.

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The roof coating market, by end-use sector, is segmented into residential and non-residential. The non-residential segment is further divided into commercial, hospitality, healthcare, and others. The demand for roof coating in the residential sector is minimal as compared to that in non-residential, mainly due to the lack of awareness in this market. The demand for roof coating in the non-residential sector is higher as safety concerns are higher in non-residential constructions such as hospitals and hotels.

Competitive Landscape

1 Introduction
2 Competitive Leadership Mapping, 2016
2.1 Dynamic Differentiators
2.2 Innovators
2.3 Visionary Leaders
2.4 Emerging Companies
3 Competitive Benchmarking, 2016
3.1 Strength of Product Portfolio (25 Players)
3.2 Business Strategy Excellence (25 Players)
4 Market Share Analysis
4.1 Akzo Nobel N.V.
4.2 BASF SE
4.3 PPG Industries, Inc.
4.4 Sika AG

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The segmentation considered for this report is based on type, substrate, roof type, solution technology, end-use sector, and region, which constitutes the key markets. The report covers detailed information regarding the major factors influencing the growth of the roof coating market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, and recent developments associated with the roof coating market.

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