Advanced Research Report to Uncover Key Factors of Roofing Chemicals Market by Top Key Players - Saint-Gobain S.A., Eastman Chemical Company, 3M, etc

The global Roofing Chemicals market is forecast to reach USD 167.27 Billion by 2027, according to a new report by Reports and Data. The strong demand for effective waterproofing and highly elastic, weatherproof roofing solutions in recently constructed buildings as well as in the reconstruction of old buildings is expected to stimulate market growth over the forecast period.

The increasing demand for acrylic roofing to reduce the internal temperature of poorly ventilated and uninsulated buildings, thereby eliminating the need to invest in air conditioning, should propel the market over the forecast period. Widespread applications of polyurethane membrane systems in old concrete, wood, felted asphalt, and substrates are expected to be a significant driver for this segment.

In market segmentation by manufacturers, the report covers the following companies:- BASF SE, The Dow Chemical Company, E. I. du Pont de Nemours and Company, Saint-Gobain S.A., Eastman Chemical Company, 3M, Owens Corning, Akzo Nobel N.V., GAF Materials Corporation, and Sika AG, among others.

The growing number of R&D activities and mergers and acquisitions carried out by companies such as The Dow Chemical Company, GAF Materials Corporation, and Saint-Gobain, to increase their production capacities and their operational and manufacturing facilities in the sector roofing chemicals, is expected to propel the market over the next eight years.

Growing infrastructure in emerging and developed countries like the United States, China, India, and Germany due to the significant growth of the global construction industry is expected to stimulate the market during the forecast period.

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Key highlights of the Global Roofing Chemicals Market Report:

Detailed market scope, structure, dynamics, and estimated growth.

Assessment of prevalent strategies in the market.
In-depth analysis of recent developments and technological innovations.

Study of key factors and their impact on market growth.

Detailed segmentation analysis.

Competitive analysis.

The COVID-19 impact:
Self-delays and low labor availability for residential construction due to social restrictions and lock-in policies will negatively impact demand patterns for the market. However, the easing of restrictions in specific regions and public discourse on the revival of economic activities in the market indicate that the recovery of demand is imminent.

Also, supply chain disruptions and production shutdowns have resulted in a downgraded outlook for the COmmercial segment, which is a significant market for Roofing Chemicals application, which will have short-term impacts on market sales that could have lasting effects. While the industry expects things to return to near normal state well before the end of 2020, negative demand shock caused by the crisis is likely to last.

For the purpose of this report, Reports and Data have segmented into the global Roofing Chemicals market on the basis of Type, Application, End-Use Industry, and Region:

Type Outlook (Revenue, USD Billion; 2020-2027)
Epoxy Resin
Bituminous
Asbestos
Elastomers
Others

Application Outlook (Revenue, USD Billion; 2020-2027)
Metal Roofing
Membrane Roofing
Others

End-Use Industry Outlook (Revenue, USD Billion; 2020-2027)
Residential
Commercial
Others

Regional Outlook (Revenue, USD Billion; 2020-2027)
North America
Europe
Asia Pacific
MEA
Latin America

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Further key findings from the report suggest

Bituminous has become the largest segment of the market by type and generated revenues of USD 25.10 billion in 2020.

The increasing number of manufacturers and suppliers of epoxy resins, bitumen, and elastomers is expected to drive market growth over the forecast period.

Metal roofing was the significant application segment in 2020 and is expected to hold a considerable market share over the forecast period.

Asia-Pacific is expected to be a significant regional segment over the forecast period, with an estimated CAGR of approximately 8.1%.

Growing demand for cold roofs to save energy should be a significant driver for regional markets.

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The study aims to analyze market size of major segments & leading companies in recent years to forecast the values for the forecast years. The report includes both qualitative and quantitative assessment for the major regions and countries mapped in the study.

Furthermore, the report also provides detailed information about vital aspects such as drivers, constraints, opportunities, and challenges that impact the future growth of the market.
Additionally, the report evaluates both micro- and macro-economic indicators, along with a detailed competitive analysis and product portfolios of key players.

Table of contents:
Chapter 1, analyzes the Roofing Chemicals Introduction, product offerings and scope, complete market overview, growth opportunities, market risks, driving forces and others.

Chapter 2, presents a detailed study of the key manufacturers of Roofing Chemicals, along with sales, revenue, and the price of Roofing Chemicals.

Chapter 3, includes the competitive scenario among the major manufacturers and vendors.

Chapter 4, shows the global Roofing Chemicals market by regions, clubbed with sales, revenue and market share of Roofing Chemicals, for each region, from 2016 to 2026.

Chapter 5, 6, 7, 8 and 9, studies the market by region, by type, by application and by manufacturers, with the sales, revenue and market share included by key countries in these regions.

Key objectives of the study:
To study the current impact of COVID-19 on major segments of the market and to predict changes in the industry due to the pandemic.

To calculate market size, in both value and volume, and CAGR for the base year and the estimated year.

To study the technological development in the industry in recent years and the technological pipeline and forecast the impact of the COVID-19 outbreak on technological landscape and overall market.

To perform a regional analysis by examining market presence in the leading regions.

To study key trends observed in the historical analysis and estimate future trends.

To examines the regions expected to grow at a significant rate in the coming years and vital factors contributing to the overall revenue.

To highlight the existing growth opportunities, challenges, risks, drivers, and constraints expected to affect the market in the coming years.

To profile leading companies in the market, along with product portfolios and strategic initiatives.

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