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Liquid Roofing Market Expected to Reach 7.48 Billion USD by 2021

10-26-2016 09:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets.com

Liquid Roofing Market

Liquid Roofing Market

The report "Liquid Roofing Market by Type (PU/Acrylic Hybrids, Polyurethane, Acrylic, Bituminous, and Silicone Coatings), Application (Residential Buildings, Commercial Buildings, Public Infrastructure, and Industrial Facilities) - Global Forecast to 2021", The market size of liquid roofing is projected to reach USD 7.48 Billion, at a CAGR of 7.1%.

Browse 72 market data Tables and 63 Figures spread through 139 Pages and in-depth TOC on "Liquid Roofing Market - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/liquid-roofing-market-44859685.html
Early buyers will receive 10% customization on this report.

The market size is estimated to be 3,439.3 Million square meters by 2021, registering a CAGR of 6.7% during the forecast period. This growth is fueled by the increasing production capacities, rising development strategies, growing need for energy-efficient buildings, and growing application sectors globally.

Silicone coatings: The largest liquid roofing market, by type

Silicone coating was the largest segment for the liquid roofing market in 2015. The unique combination of properties of silicones is well suited to coating applications. The products used for silicone polymers as additives and silicone resins as the main component or binder. Silicone polymers are used to ease application of paints. The surface properties of silicones enable a paint to wet a substrate easily and give it a smooth appearance once dry. Silicone resins offer resistance to weathering in paints for exterior surfaces such as bridges and roofs of buildings. They also provide water repellence to masonry surfaces such as stone and brick.

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Residential buildings: The largest market for liquid roofing market, by application

The residential buildings industry includes both roofing and reroofing activities. Residential buildings include all kinds of residential structures such as houses, town houses, cottages, condominiums, and apartments. In residential buildings, liquid roofing is used in various applications including roofing and reroofing. Rise in standard of living and growth in the construction industry is driving the market for residential buildings.

Asia-Pacific: The largest market for liquid roofing

China, India, Japan, and Australia are some of the key liquid roofing markets in Asia-Pacific, which together accounted for nearly 38.12% of the overall market, in terms of volume, in 2015. Rising population, urbanization, and industrialization along with growing concerns related to infrastructure development and waterproofing in China and India are some of the factors that will drive the market for liquid roofing in Asia-Pacific during the forecast period. Residential construction activities in Asia-Pacific have increased due to the rising income levels, shift toward nuclear families, affordable interest rates, and changing preferences in terms of home ownership in several countries. Several new construction activities are expected to begin in the region during the forecast period, thus driving the liquid roofing market.

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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