Asia-Pacific Liquid Roofing Market
Asia Pacific liquid roofing market is expected to reach USD 5.42 billion by 2031 from USD 2.99 billion in 2023 growing with a CAGR of 7.8% in the forecast period of 2024 to 2031.
Market Segmentation
Asia Pacific Liquid Roofing Market, By Type (Bituminous Coatings, Acrylic Coatings, Elastomeric Membranes, Silicone Coatings, PU / Acrylic Hybrids, Polyurethane Coatings, Epoxy Coatings, EPDM Rubbers, and Others), Roof Type (Flat Roof, Pitched Roof, Saw Tooth, and Others), Substrate (Concrete, Composite, Metal, and Others), Installation (Reroofing and Repairs and New Construction), End User (Residential Building, Commercial Building, Industrial Building, and Public Infrastructure), Country (China, Japan, India, South Korea, Australia, Indonesia, Taiwan, Malaysia, Singapore, Thailand, Philippines, New Zealand, rest of Asia-Pacific) - Industry Trends and Forecast to 2031
Overview of Asia Pacific Liquid Roofing Market Dynamics
Drivers
• Growing demand for waterproofing solutions
• Increased focus on construction and infrastructural growth
• Rising usage of 2k polyurethane liquid roofing
• Growing awareness for roof restoration
Restraints
• Fluctuating raw material prices for liquid roofing products
• Availability of alternative substitutes
Opportunities
• Growing demand for green liquid roofing
• Advancements in liquid roofing technology
• Strategic partnership and collaboration for liquid roofing
Challenges
• Liquid roofing gets damage over time
• Installation and weather dependency complexity
Market Players
The key players operating in the Asia Pacific liquid roofing market are listed below:
• 3M
• BASF SE
• Henkel Corporation
• Sika AG
• BMI Group Holdings UK Limited
• SOPREMA
• SAINT-GOBAIN
• Dow
• Johns Manville
• MAPEI S.p.A.
• Akzo Nobel N.V.
• Henry Company
• KRATON CORPORATION
• Pidilite Industries Ltd.
• Garland Industries, Inc.
• GAF, Inc.
• H.B. Fuller Company
• STP Limited, India
• RPM International Inc.
• KEMPER SYSTEM
• ALT Global, LLC
• Widopan Products GmbH
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