PUBLISHER: IMARC | PRODUCT CODE: 1298822
PUBLISHER: IMARC | PRODUCT CODE: 1298822
Roof Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global roof coatings market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.
Roof coatings refer to monolithic, elastomeric, fluid applied roofing membranes that are widely installed for eliminating damages caused by water, heat and ultraviolet (UV) radiations. At present, they are commercially available in varying types, such as acrylic, elastomeric, silicone, plastic and cool. These coatings aid in reducing the risk of roof leaks, ensuring thermal stability, and maintaining the temperature of the structure, thereby extending the shelf life of the roof. On account of these properties, roof coatings find extensive applications across various sectors.
Roof Coatings Market Trends:
One of the key factors driving the market growth is the widespread adoption of roof coatings across the residential, commercial, healthcare, hospitality, and public sectors, for eradicating damage caused by heavy rains and heat. In line with this, the favorable initiatives undertaken by the government bodies of various countries for promoting the usage of green coatings in infrastructures for mitigating greenhouse gas (GHG) emissions are catalyzing the market growth. This is further supported by the increasing consumer consciousness regarding the sustainable properties of these roof coatings that consume lesser energy as compared to their conventional counterparts, which is acting as another major growth-inducing factor. Moreover, the rising commercial building activities across the globe, along with escalating population and evolving lifestyle is, providing an impetus to the market growth. The extensive utilization of volatile organic compounds (VOCs) in the paint roof coatings for the protection from weathering, chemical reaction, ageing and oxidation is considerably contributing to the market growth. Other factors, such as strategic collaborations between top players and the increasing investments in the research and development (R&D) activities for introducing advanced coatings materials to protect from the torrid heat, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global roof coatings market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on roof type, material, technology and end user.
Breakup by Roof Type:
Low Sloped Roof
Steep Sloped Roof
Others
Breakup by Material:
Elastomeric
Bituminous
Acrylic
Epoxy
Silicone
Others
Breakup by Technology:
Water-based
Solvent-based
Breakup by End User:
Residential
Commercial
Hospitality
Healthcare
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., BASF SE, Covestro AG, Dow Inc., Hempel A/S, Huntsman International LLC, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, The Sherwin-Williams Company and Wacker Chemie AG.
Key Questions Answered in This Report
1. What was the size of the global roof coatings market in 2022?
2. What is the expected growth rate of the global roof coatings market during 2023-2028?
3. What are the key factors driving the global roof coatings market?
4. What has been the impact of COVID-19 on the global roof coatings market?
5. What is the breakup of the global roof coatings market based on the roof type?
6. What is the breakup of the global roof coatings market based on the material?
7. What is the breakup of the global roof coatings market based on the technology?
8. What is the breakup of the global roof coatings market based on the end user?
9. What are the key regions in the global roof coatings market?
10. Who are the key players/companies in the global roof coatings market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Roof Coatings Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Roof Type
- 6.1 Low Sloped Roof
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Steep Sloped Roof
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Material
- 7.1 Elastomeric
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Bituminous
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Acrylic
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Epoxy
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Silicone
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Technology
- 8.1 Water-based
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Solvent-based
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by End User
- 9.1 Residential
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Commercial
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Hospitality
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Healthcare
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Akzo Nobel N.V.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 BASF SE
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Covestro AG
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Dow Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Hempel A/S
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 Huntsman International LLC
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Nippon Paint Holdings Co. Ltd.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 PPG Industries Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 RPM International Inc.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Sika AG
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.11 The Sherwin-Williams Company
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Wacker Chemie AG
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Akzo Nobel N.V.
List of Figures
- Figure 1: Global: Roof Coatings Market: Major Drivers and Challenges
- Figure 2: Global: Roof Coatings Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Roof Coatings Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Roof Coatings Market: Breakup by Roof Type (in %), 2022
- Figure 5: Global: Roof Coatings Market: Breakup by Material (in %), 2022
- Figure 6: Global: Roof Coatings Market: Breakup by Technology (in %), 2022
- Figure 7: Global: Roof Coatings Market: Breakup by End User (in %), 2022
- Figure 8: Global: Roof Coatings Market: Breakup by Region (in %), 2022
- Figure 9: Global: Roof Coatings (Low Sloped Roof) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Roof Coatings (Low Sloped Roof) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Roof Coatings (Steep Sloped Roof) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Roof Coatings (Steep Sloped Roof) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Roof Coatings (Other Roof Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Roof Coatings (Other Roof Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Roof Coatings (Elastomeric) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Roof Coatings (Elastomeric) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Roof Coatings (Bituminous) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Roof Coatings (Bituminous) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Roof Coatings (Acrylic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Roof Coatings (Acrylic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Roof Coatings (Epoxy) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Roof Coatings (Epoxy) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Roof Coatings (Silicone) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Roof Coatings (Silicone) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Roof Coatings (Other Materials) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Roof Coatings (Other Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Roof Coatings (Water-based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Roof Coatings (Water-based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Roof Coatings (Solvent-based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Roof Coatings (Solvent-based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Roof Coatings (Residential) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Roof Coatings (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Roof Coatings (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Roof Coatings (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Roof Coatings (Hospitality) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Roof Coatings (Hospitality) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Roof Coatings (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Roof Coatings (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Roof Coatings (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Roof Coatings (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: North America: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: North America: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: United States: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: United States: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Canada: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Canada: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Asia-Pacific: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Asia-Pacific: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: China: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: China: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Japan: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Japan: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: India: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: India: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: South Korea: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: South Korea: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Australia: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Australia: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Indonesia: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Indonesia: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Others: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Others: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Europe: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Europe: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Germany: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Germany: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: France: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: France: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: United Kingdom: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: United Kingdom: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Italy: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Italy: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Spain: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Spain: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Russia: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Russia: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Others: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Others: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Latin America: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Latin America: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Brazil: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Brazil: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Mexico: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Mexico: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Others: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Others: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Middle East and Africa: Roof Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 88: Middle East and Africa: Roof Coatings Market: Breakup by Country (in %), 2022
- Figure 89: Middle East and Africa: Roof Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 90: Global: Roof Coatings Industry: SWOT Analysis
- Figure 91: Global: Roof Coatings Industry: Value Chain Analysis
- Figure 92: Global: Roof Coatings Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Roof Coatings Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Roof Coatings Market Forecast: Breakup by Roof Type (in Million US$), 2023-2028
- Table 3: Global: Roof Coatings Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 4: Global: Roof Coatings Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 5: Global: Roof Coatings Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 6: Global: Roof Coatings Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Roof Coatings Market: Competitive Structure
- Table 8: Global: Roof Coatings Market: Key Players
