Press release
At 7% CAGR, Global Roofing Chemicals Market Size to Surpass USD 160 Billion by 2026 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors
The findings from the report "Roofing Chemicals Market By Type (Acrylic resin, Asphalt/ Bituminous, Elastomer, Epoxy resin, Styrene) and By Application (Membrane roofing, Elastomeric roofing, Bituminous Roofing, Metal roofing, Plastic (PVC) roofing): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020 It is estimated that the market would expand at a compound annual growth rate of 7% and will reach close to USD 160 Billion by the year 2026.๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/roofing-chemicals-market-by-type-acrylic-resin-asphalt-986
The major players in the Roofing Chemicals market are as follows:
BASF SE
The Dow Chemical Company
E. I. du Pont de Nemours and Company
Saint-Gobain S.A.
Eastman Chemical Company
3M Company
Owens Corning
Akzo Nobel N.V
Sika AG
Others
The top covering of any building is referred to as the roof, and it is made up of a variety of materials that are assembled in such a way as to offer protection from environmental elements such as wind, snow, rain, and sunshine. The very topmost layer of a building's roof is comprised of a roofing chemical substance. This material renders the roof of the building waterproof and stops water from penetrating the created structure below. These chemicals improve the performance of the roofing system, which in turn helps to keep the temperature inside the structure stable and allows the structure to be used for a greater variety of functions.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/sample/roofing-chemicals-market-by-type-acrylic-resin-asphalt-986
With the growing population across the globe, there is a rising demand for residential and commercial construction around the world is helping in the growth of the roofing chemicals market. The increasing demand for strong and robust materials that are used in the construction industry, the changing lifestyle of the people, and more growing trend of sustainable living are some other factors that are escalating the demand for the roofing chemicals market.
Other factors such as easy-to-use, non-combustible, and lightweight are some other valuable factors that are accelerating the demand for the roofing chemicals market. However, the high manufacturing cost, implementation, and installation of the roofing chemicals market are proving to create obstacles in the growth of the roofing chemicals market. Another reason such as the use of synthetic chemical-based roofing materials that cause toxic effects on the environment is proving to restrain the growth of the roofing chemicals market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/roofing-chemicals-market-by-type-acrylic-resin-asphalt-986
Nevertheless, the growing innovations related to bio-based roofing chemicals that leave less carbon footprint to offer various opportunities for the growth of the roofing chemicals market.
On the basis of type segment, the roofing chemical market is divided into Acrylic resin, Asphalt/ Bituminous, Elastomer, Epoxy resin, and Styrene. The Asphalt/ Bituminous roofing material is expected to dominate the market owing to its high tensile strength, improved textures of the surface, and good price-to-performance value.
๐๐๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/roofing-chemicals-market-by-type-acrylic-resin-asphalt-986
The bituminous roofing material is black, sticky, and highly viscous chemical that is widely used for coating and is used in manufacturing bituminous shingles. On the basis of the application segment, the roofing chemical market is divided into Bituminous roofing, Membrane Roofing, Metal Roofing, Plastic (PVC) roofing, and Elastomeric roofing.
Bituminous roofing is expected to show propel the market over the forecasted period as it is mainly used in the construction of industrial and commercial buildings like warehouses, storehouses, and factory sheds because of the growing industrialization across the globe.
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/roofing-chemicals-market-by-type-acrylic-resin-asphalt-986
This report segments the Roofing Chemicals Market market as follows:
Global Roofing Chemicals Market Market: By Type Segmentation Analysis
Acrylic resin
Asphalt/ Bituminous
Elastomer
Epoxy resin
Styrene
Global Roofing Chemicals Market Market: By Application Segmentation Analysis
Membrane roofing
Elastomeric roofing
Bituminous roofing
Metal roofing
Plastic (PVC) roofing
Global Roofing Chemicals Market Market: Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐@
https://www.linkedin.com/pulse/55-cagr-beverages-can-market-size-worth-usd-5580-billion-arnav-kukade/
https://www.linkedin.com/pulse/85-cagr-global-goat-milk-infant-formula-market-size-hit-arnav-kukade/
https://www.linkedin.com/posts/arnav-kukade-855477257_global-plywood-market-activity-6998711478648213505-xsWj/
https://www.linkedin.com/posts/chris-arnold-624301203_globalbusiness-fire-testing-activity-6999357451737141248-NvtH/
https://www.linkedin.com/pulse/63-cagr-powder-coatings-market-size-worth-usd-2272-billion-arnold/
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