Press release
Liquid Applied Roofing Market is Forecasted to Reach US$ 5.6 Billion in 2028, Says Stratview Research
Stratview Research, a global market research firm has launched a report on the global liquid applied roofing market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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https://stratviewresearch.com/press_details/liquid-applied-roofing-market-is-forecasted-to-reach-us-dollar-5-6-billion-in-2028-says-stratview-research
Market Statistics:
Market Size in 2028: US$ 5.6 billion
Growth (CAGR): 4.7% during 2023-2028
Leading Material Type: Acrylic
Leading Substrate Type: Concrete
Leading Roof Type: Flat Roofs
Leading End-User Type: Commercial
Leading Construction Type: Repair & Renovation
Leading Region: Asia-Pacific
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 Liquid Applied Roofing Market:
The global liquid applied roofing market is segmented based on material type, substrate type, roof type, end-user type, construction type, and region.
Based on material type - The market is segmented into acrylic, asphalt, polyurethane, cementitious, silicone, and others. Acrylic to maintain its dominance in the liquid applied roofing market during the forecast period. Acrylic roofing solutions have become increasingly popular due to their seamless and flexible membrane properties, which provide excellent waterproofing and protection for flat or low-sloped roofs. It offers advantages such as reflectivity to reduce cooling costs, UV resistance for enhanced durability, and ease of application. Additionally, their environmental benefits and versatility in adhering to various substrates have contributed to their growing adoption. In the past decade, liquid spray applied roofing membranes, particularly polyurethane liquid spray applied roofing membranes, have experienced rapid growth within North America and Europe as a roofing system. This particular type of roofing has the remarkable ability to significantly prolong the life of a roof by several decades while demanding only a fraction of the time, labor, and expenses associated with tear-out and replacement procedures.
Based on substrate type - Among substrate types, concrete segment is poised to maintain its dominance during the forecast period. The enduring popularity of concrete roofing stems from its combination of strength, durability, energy efficiency, sound insulation, and design flexibility, making it a top choice for a wide range of commercial, industrial, and residential projects. Bitumen also accounted for a substantial market share. Its long history of proven durability, with many installations lasting for decades, instills confidence in building owners and roofing contractors alike. The excellent waterproofing properties of bitumen, combined with multiple layers and reinforcement, create a robust barrier against water infiltration, making it a reliable choice for flat or low-sloped roofs. Additionally, its inherent fire resistance adds an extra layer of safety for buildings in fire-prone areas. Bitumen roofing's time-tested performance and ability to withstand various weather conditions make it a trusted and cost-effective roofing solution for a wide range of construction projects.
To know the most attractive segments, click here for a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/789/liquid-applied-roofing-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific region is poised to remain the largest as well as the fastest-growing region in the market throughout the forecast period. This growth outlook is majorly attributed to the following-
• The region's growth is driven by major factors, including rapid urbanization, extreme weather conditions, a construction boom, and a strong emphasis on sustainable building practices.
• With a rising number of cities and infrastructure projects, there is an increasing demand for dependable waterproofing solutions to safeguard buildings from water-related damage.
Liquid Applied Roofing Market Drivers:
Some of the key drivers listed in the report are given below.
• Growing construction and infrastructure spending.
• The need for protection against water damage.
• The influence of climate and weather conditions.
• Regulatory compliance requirements.
Top 8 Companies in the Liquid Applied Roofing Market:
Stratview Research has identified the following companies as the top market players (arranged alphabetically).
• BASF SE
• 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 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:
Cool Roof Reflective Coatings Market: https://www.stratviewresearch.com/3885/cool-roof-reflective-coatings-market.html
North American Liquid Applied Roofing Market: https://www.stratviewresearch.com/3554/north-america-liquid-applied-roofing-market.html
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About us -
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.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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