Roof Coating Market Report

Roof Coating Market Insights

Roof Coating market is likely to witness a mid-single digit CAGR of 3.8% during the forecast period. The key demand generators of the market are stringent regulations regarding VOC free coatings, rising demand for energy-efficient buildings, and organic growth of the construction industry over the next five years.

Market Share Analysis

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Roof Coating Market Share: By Material Type

Based on the material type, the market is segmented as bituminous, elastomeric, acrylic, epoxy, silicone, and others. Elastomeric coating is expected to remain dominant in the market till 2026, owing to its superior properties, such as better compatibility, elasticity offering the desired expansion and contraction during hot and cold weather, durability, resistance to fungi and mildew.  

Roof Coating Market Share: By End-User Type

Based on the end-user type, the roof coating market is segmented as residential and non-residential. The non-residential segment is expected to remain the larger market during the forecast period, owing to wider application of coatings in non-residential constructions, such as commercial buildings, hospitals, educational and other facilities.

Roof Coating Market Share: By Region

In terms of regions, North America is estimated to be the largest market, fueled by the USA. The dominance of the region is attributed to the presence a large number of raw material suppliers, roof coating manufacturers, and contractors. Asia-Pacific is expected to witness the highest growth in the market over the next five years, propelled by rapid growth in construction industry coupled with rising disposable income of the individuals across the region. 

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Some of the major roof coating manufacturers are-

• BASF SE
• RPM International Inc.
• Akzo Nobel N.V.
• PPG Industries, Inc.
• The Sherwin-Williams Company
• Hempel A/S
• The Dow Chemical Company
• Wacker Chemie AG
• Sika AG
• Nippon Paint Holdings Co., Ltd.

Market Scope & Segmentation

Roof coating is a coating applied on different types of roofs of building construction, to protect the roofs from seepages or leakages. It also helps in controlling the inner temperature of the building by the resisting the impact of solar radiation on roofs.

Roof coatings are also used to restore and extend the life of old and damaged roofs by proving them strength and toughness to resist wear and abrasion and other physical damages.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The roof coating market is segmented into the following categories. 

Roof Coating Market Size, Share, & Forecast, by Material Type:

• Elastomeric (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Bituminous (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Acrylic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Epoxy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Silicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Roof Coating Market Size, Share, & Forecast, by Substrate Type:

• Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Asphalt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Membrane (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Roof Coating Market Size, Share, & Forecast, by Roof Type:

• Flat (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Low-sloped (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Steep-sloped (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Roof Coating Market Size, Share, & Forecast, by Solution Technology Type:

• Water-based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Solvent-based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Roof Coating Market Size, Share, & Forecast, by End-User Type:

• Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Non-Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Roof Coating Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the material types by end-user type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.