Roof Waterproofing Market is Forecasted to Reach US$ 18.7 billion in 2028, Says Stratview Research

The global Roof Waterproofing Market is projected to witness a growth rate of 5.4% annually from 2023 to 2028, with an anticipated size of US$ 18.7 billion in 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Roof Waterproofing Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3540/roof-waterproofing-market.html#form

Report Highlights:
Market Size in 2028: US$ 18.7 billion
Growth (CAGR): 5.4% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 6
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Roof Waterproofing Market:
The global Roof Waterproofing Market is segmented material type, product type, roof type, end-user type, construction type & region

Based on material type: Among material types, bitumen asserts its dominance in the global roof waterproofing market across the major regions. Bitumen is a major waterproofing material widely used in the roofing industry. It consists of layers of asphalt or modified bitumen, providing excellent waterproofing properties. Bitumen membranes, reinforced with materials like polyester or fiberglass, ensure durability and protection against water infiltration. This versatile material is known for its resistance to UV radiation and its ability to withstand harsh weather conditions. Its versatility and cost-effectiveness have solidified its position as a preferred choice in the roofing industry for reliable and efficient waterproofing solutions.

Based on product type: The market is segmented into sheet membrane, liquid membrane, coatings, and integral. Sheet membranes are expected to maintain their dominance during the forecast period. It involves the application of pre-formed membranes made of materials like PVC, TPO, or EPDM onto the roof surface. Sheet membranes offer excellent waterproofing properties due to their durability, flexibility, and resistance to UV radiation. They provide a seamless and reliable barrier against water infiltration, protecting the underlying structure. With proper installation and maintenance, sheet membranes can effectively enhance the lifespan of roofs and ensure long-term waterproofing performance.

Based on roof type: The market is segmented into flat roofs, pitched roofs, and others. Flat roof dominates the roof waterproofing market, driven by their popularity in arid climates and regions with modern architectural styles. Flat roof waterproofing focuses on creating a continuous, watertight barrier to manage water pooling. Common waterproofing materials used in flat roofing include bitumen membranes, PVC, TPO, or liquid-applied coatings. Conversely, pitched, or sloped roofs are favored in high rainfall or snowy regions due to their superior water drainage capabilities.

To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests The Asia-Pacific region is poised to maintain its leadership in the roof waterproofing market throughout the forecast period. This growth outlook is majorly attributed to the following-
• Moreover, this region is anticipated to exhibit the highest growth rate in the coming years, highlighting its potential for substantial expansion in the waterproofing industry.
• Major factors, such as rapid urbanization, extreme weather conditions, a construction boom, and a focus on sustainable building practices, are driving regions' demand.
• With the increasing number of cities and infrastructure developments, there is a growing need for reliable waterproofing solutions to protect buildings from water damage.

Roof Waterproofing Market Drivers:
The Roof Waterproofing Market is driven by several key factors, including:
• Roof waterproofing is driven by a myriad of compelling factors, including the imperative to shield against water damage, extend the longevity of the roof, enhance energy efficiency, prevent the growth of mold and mildew, adhere to sustainable building practices, comply with building codes and regulations, preserve property value, and ensure a safe and comfortable indoor environment.
• By effectively waterproofing the roof, it safeguards the structure from water-related issues, reduces maintenance costs, improves insulation and energy performance, promotes a healthier living or working environment, aligns with eco-friendly construction principles, meets legal requirements, and enhances the overall value and marketability of the property.

Top 10 Companies in the Roof Waterproofing Market:
Stratview Research has identified the following companies as the top market players:
• MBCC
• Oriental Yuhong
• Sika AG
• Keshun Waterproofing Technologies
• Dow Inc.
• Saint-Gobain
• Carlisle Companies, Inc.
• RPM International Inc.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Roof Waterproofing Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Waterproofing Market: https://www.stratviewresearch.com/3552/waterproofing-market.html
• Waterproofing Sheet Membrane Market: https://www.stratviewresearch.com/3555/waterproofing-sheet-membrane-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.