Press release
Liquid Roofing Market Size, Share - Industry Growth 2021
Liquid Roofing
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The market size of liquid roofing is projected to reach USD 7.48 billion by 2021, registering a CAGR of 7.1% from 2016 to 2021. The market is projected to register a CAGR of 6.7% to reach 3,439.3 million square meters by 2021. The increasing demand for energy-efficient buildings fuels the growth of the liquid roofing market.
The residential buildings segment is the largest as well as the fastest-growing application segment of the liquid roofing market. 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 such as roofing and reroofing.
Asia-Pacific is the fastest-growing market of liquid roofing, in terms of value and volume, with China dominating the market. High economic growth, growing manufacturing industries, cheap labor, increasing foreign investments, agreement/collaboration, expansion, and a global shift in production capacity from the developed markets to emerging markets are the major factors fueling the growth of the liquid roofing market in this region.
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This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided into three categories, namely, by company, by designation, and by region.
• By Company Type- Tier 1- 40.0%, Tier 2- 25.0%, and Tier 3- 35.0%
• By Designation- C Level- 30.0%, Researchers- 40.0%, and Presidents- 30.0%
• By Region- Europe – 22.0%, North America – 45.0%, Asia-Pacific – 17.0%, and RoW – 16.0%
Key Points From Table Of Content:
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Cost-Effectiveness of Liquid Roofing
5.3.1.2 Rising Demand for Energy-Efficient Buildings
5.3.2 Restraints
5.3.2.1 Higher Cost of Elastomeric Membranes
5.3.3 Opportunities
5.3.3.1 Government Policies Advancing Infrastructure Growth
5.3.3.2 Growing Requirement for Water Management Activities in Asia-Pacific
5.3.4 Challenges
5.3.4.1 Fluctuating Raw Material Prices
11 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 BASF SE
11.2 The DOW Chemical Company
11.3 Saint-Gobain S.A.
11.4 3M Company
11.5 Akzonobel N.V.
11.6 Sika AG
11.7 Kraton Performance Polymers Inc.
11.8 GAF Materials
11.9 Johns Manville Corporation
11.10 Kemper System Inc.
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