Roof Coating Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Roof Coating Market
The roof coating market size was valued at USD 1.72 billion in 2023, and the market is now projected to grow from USD 1.79 billion in 2024 to USD 2.53 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period of 2023-2032.
The COVID-19 lockdowns disrupted the supply chain of construction substances, along with coatings, due to new authority’s rules restricting labor and lowering production output. Movement restrictions also led to a decline in uncooked material availability, critically impacting market call for from give up-use industries. Roof coating jobs, which require close contact, posed additional social distancing challenges. However, the marketplace sooner or later recovered as production activities in residential and commercial areas started out to normalize.
The incredible waterproofing houses of coatings are riding market boom, as they may be crucial for current buildings. Conventional roofing materials frequently fail under vital climate conditions, whereas roof coatings offer a long-lasting, water-resistant barrier. These coatings efficiently prevent water penetration and enhance the roof's resilience to rain and snow. Increasing climatic irregularities have heightened the want for reliable waterproofing answers, boosting the call for roof coatings.
The increasing demand for silicone roof coating is driven by using its durability and advanced adhesion. Its excessive stable base guarantees amazing sturdiness and quicker curing instances as compared to other coatings. Silicone coating's chemical composition lets in for clean installation on numerous surfaces, addressing troubles like sagging, leaks, and harm. Additionally, it is miles likeminded with special roofing materials, which include metal, concrete, and single-ply membranes, making it a versatile preference for diverse packages.
Comprehensive Analysis of Roof Coating Market
The roof coating market growth is rising at an exponential rate due to its market segmentation. This marketplace enlargement successfully affords an in-depth local exam thinking about the dominant deliver and demand forces that effect the enterprise. These segmentations are methodically segregated by type analysis, by substrate analysis, by technology analysis, by end-use sector analysis. By type analysis include, bituminous, urethane coatings, acrylic, silicone, and others. By substrate analysis include, metal, asphalt, membrane, concrete, plastic, and others. By technology analysis include, water-based, solvent-based, and others. By end-use sector analysis include, residential and non-residential.
The Asia Pacific region lead the roof coating market share by benefitting a market size of USD 0.57 billion in 2023 due to highest population in the world.
The pinnacle players inside the market play a critical function in the enterprise assuring market growth and placing marketplace requirements. These players include, BASF SE (Germany), Akzo Nobel N.V. (Netherlands), RPM International Inc. (U.S.), PPG Industries (U.S.), The Sherwin-Williams Company (U.S.), HITAC ADHESIVES & COATINGS (India), Neogard (U.S.), DOW (U.S.), Wacker Chemie AG (Germany), SIKA AG (Switzerland) these market players provide a level-playing competitive landscape.
In November 2023, Dow announced AB Specialty Silicones as the distributor for elastomeric coatings in the U.S. and Canada.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 4.4% from 2024 to 2032
Unit Value (USD Billion), Volume (Kiloton)
Segmentation
By Type
Bituminous
Elastomeric
- Urethane Coatings
- Acrylic
- Silicone
- Others
Others
By Substrate
Metal
Asphalt
Membrane
Concrete
Plastic
Others
By Technology
Water-based
Solvent-based
Others
By End-use Sector
Residential
Non-Residential
By Region
North America (By Type, Substrate, Technology, End-use Sector, and Country)
U.S. (By End-use Sector)
Canada (By End-use Sector)
Europe (By Type, Substrate, Technology, End-use Sector, and Country)
Germany (By End-use Sector)
U.K. (By End-use Sector)
Italy (By End-use Sector)
Spain (By End-use Sector)
Rest of Europe (By End-use Sector)
Asia Pacific (By Type, Substrate, y Technology, End-use Sector, and Country)
China (By End-use Sector)
Japan (By End-use Sector)
India (By End-use Sector)
South Korea (By End-use Sector)
Rest of Asia Pacific (By End-use Sector)
Latin America (By Type, Substrate, Technology, End-use Sector, and Country)
Brazil (By End-use Sector)
Mexico (By End-use Sector)
Rest of Latin America (By End-use Sector)
Middle East and Africa (By Type, Substrate, Technology, End-use Sector, and Country)
GCC (By End-use Sector)
South Africa (By End-use Sector)
Rest of Middle East and Africa (By End-use Sector)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 4.5. COVID-Impact 19 Impact on Global Belt Loader Market
- 5. Global Belt Loader Market Analysis, Insights and Forecast, 2019-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Ownership
- 5.2.1. New Delivery
- 5.2.2. Resale
- 5.2.3. Lease/Rent
- 5.3. Market Analysis, Insights and Forecast – By System
- 5.3.1. Self-Propelled
- 5.3.2. Electric
- 5.3.3. Towable
- 5.3.4. Diesel
- 5.3.5. Other
- 5.4. Market Analysis, Insights and Forecast – By Weight
- 5.4.1. 0-1000 Kg
- 5.4.2. 1000 – 5000 Kg
- 5.4.3. <5000 Kg
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Rest of the World
- 6. North America Belt Loader Market Analysis, Insights and Forecast, 2019-2030
- 6.1. Market Analysis, Insights and Forecast – By Ownership
- 6.1.1. New Delivery
- 6.1.2. Resale
- 6.1.3. Lease/Rent
- 6.2. Market Analysis, Insights and Forecast – By System
- 6.2.1. Self-Propelled
- 6.2.2. Electric
- 6.2.3. Towable
- 6.2.4. Diesel
- 6.2.5. Other
- 6.3. Market Analysis, Insights and Forecast – By Weight
- 6.3.1. 0-1000 Kg
- 6.3.2. 1000 – 5000 Kg
- 6.3.3. <5000 Kg
- 6.4. Market Analysis, Insights and Forecast – By Region
- 6.4.1. U.S.
- 6.4.1.1. Market Analysis, Insights and Forecast – By Ownership
- 6.4.1.1.1. New Delivery
- 6.4.1.1.2. Resale
- 6.4.1.1.3. Lease/Rent
- 6.4.2. Canada
- 6.4.2.1. Market Analysis, Insights and Forecast – By Ownership
- 6.4.2.1.1. New Delivery
- 6.4.2.1.2. Resale
- 6.4.2.1.3. Lease/Rent
- 7. Europe Belt Loader Market Analysis, Insights and Forecast, 2019-2030
- 7.1. Market Analysis, Insights and Forecast – By Ownership
- 7.1.1. New Delivery
- 7.1.2. Resale
- 7.1.3. Lease/Rent
- 7.2. Market Analysis, Insights and Forecast – By System
- 7.2.1. Self-Propelled
- 7.2.2. Electric
- 7.2.3. Towable
- 7.2.4. Diesel
- 7.2.5. Other
- 7.3. Market Analysis, Insights and Forecast – By Weight
- 7.3.1. 0-1000 Kg
- 7.3.2. 1000 – 5000 Kg
- 7.3.3. <5000 Kg
- 7.4. Market Analysis, Insights and Forecast – By Region
- 7.4.1. U.K.
- 7.4.1.1. Market Analysis, Insights and Forecast – By Ownership
- 7.4.1.1.1. New Delivery
- 7.4.1.1.2. Resale
- 7.4.1.1.3. Lease/Rent
- 7.4.2. Germany
- 7.4.2.1. Market Analysis, Insights and Forecast – By Ownership
- 7.4.2.1.1. New Delivery
- 7.4.2.1.2. Resale
- 7.4.2.1.3. Lease/Rent
- 7.4.3. France
- 7.4.3.1. Market Analysis, Insights and Forecast – By Ownership
- 7.4.3.1.1. New Delivery
- 7.4.3.1.2. Resale
- 7.4.3.1.3. Lease/Rent
- 7.4.4. Russia
- 7.4.4.1. Market Analysis, Insights and Forecast – By Ownership
- 7.4.4.1.1. New Delivery
- 7.4.4.1.2. Resale
- 7.4.4.1.3. Lease/Rent
- 7.4.5. Rest of Europe
- 7.4.5.1. Market Analysis, Insights and Forecast – By Ownership
- 7.4.5.1.1. New Delivery
- 7.4.5.1.2. Resale
- 7.4.5.1.3. Lease/Rent
- 8. Asia Pacific Belt Loader Market Analysis, Insights and Forecast, 2019-2030
- 8.1. Market Analysis, Insights and Forecast – By Ownership
- 8.1.1. New Delivery
- 8.1.2. Resale
- 8.1.3. Lease/Rent
- 8.2. Market Analysis, Insights and Forecast – By System
- 8.2.1. Self-Propelled
- 8.2.2. Electric
- 8.2.3. Towable
- 8.2.4. Diesel
- 8.2.5. Other
- 8.3. Market Analysis, Insights and Forecast – By Weight
- 8.3.1. 0-1000 Kg
- 8.3.2. 1000 – 5000 Kg
- 8.3.3. <5000 Kg
- 8.4. Market Analysis, Insights and Forecast – By Region
- 8.4.1. China
- 8.4.1.1. Market Analysis, Insights and Forecast – By Ownership
- 8.4.1.1.1. New Delivery
- 8.4.1.1.2. Resale
- 8.4.1.1.3. Lease/Rent
- 8.4.2. India
- 8.4.2.1. Market Analysis, Insights and Forecast – By Ownership
- 8.4.2.1.1. New Delivery
- 8.4.2.1.2. Resale
- 8.4.2.1.3. Lease/Rent
- 8.4.3. Japan
- 8.4.3.1. Market Analysis, Insights and Forecast – By Ownership
- 8.4.3.1.1. New Delivery
- 8.4.3.1.2. Resale
- 8.4.3.1.3. Lease/Rent
- 8.4.4. Australia
- 8.4.4.1. Market Analysis, Insights and Forecast – By Ownership
- 8.4.4.1.1. New Delivery
- 8.4.4.1.2. Resale
- 8.4.4.1.3. Lease/Rent
- 8.4.5. Rest of Asia Pacific
- 8.4.5.1. Market Analysis, Insights and Forecast – By Ownership
- 8.4.5.1.1. New Delivery
- 8.4.5.1.2. Resale
- 8.4.5.1.3. Lease/Rent
- 9. Rest of the World Belt Loader Market Analysis, Insights and Forecast, 2019-2030
- 9.1. Market Analysis, Insights and Forecast – By Ownership
- 9.1.1. New Delivery
- 9.1.2. Resale
- 9.1.3. Lease/Rent
- 9.2. Market Analysis, Insights and Forecast – By System
- 9.2.1. Self-Propelled
- 9.2.2. Electric
- 9.2.3. Towable
- 9.2.4. Diesel
- 9.2.5. Other
- 9.3. Market Analysis, Insights and Forecast – By Weight
- 9.3.1. 0-1000 Kg
- 9.3.2. 1000 – 5000 Kg
- 9.3.3. <5000 Kg
- 9.4. Market Analysis, Insights and Forecast – By Sub-Region
- 9.4.1. Middle East & Africa
- 9.4.1.1. Market Analysis, Insights and Forecast – By Ownership
- 9.4.1.1.1. New Delivery
- 9.4.1.1.2. Resale
- 9.4.1.1.3. Lease/Rent
- 9.4.2. Latin America
- 9.4.2.1. Market Analysis, Insights and Forecast – By Ownership
- 9.4.2.1.1. New Delivery
- 9.4.2.1.2. Resale
- 9.4.2.1.3. Lease/Rent
- 10. Competitive Analysis
- 10.1. Global Market Rank Analysis (2021)
- 10.2. Competition Dashboard
- 10.3. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability)
- 10.3.1. Aero Specialties Inc. (U.S.)
- 10.3.1.1. Overview,
- 10.3.1.2. Products & services,
- 10.3.1.3. SWOT analysis,
- 10.3.1.4. Recent developments,
- 10.3.1.5. strategies,
- 10.3.1.6. financials (based on availability)
- 10.3.2. Charlatte Manutention SA (France)
- 10.3.2.1. Overview,
- 10.3.2.2. Products & services,
- 10.3.2.3. SWOT analysis,
- 10.3.2.4. Recent developments,
- 10.3.2.5. strategies,
- 10.3.2.6. financials (based on availability)
- 10.3.3. Darmec Technologies Srl (Italy)
- 10.3.3.1. Overview,
- 10.3.3.2. Products & services,
- 10.3.3.3. SWOT analysis,
- 10.3.3.4. Recent developments,
- 10.3.3.5. strategies,
- 10.3.3.6. financials (based on availability)
- 10.3.4. ERSEL TECHNOLOGY (Turkey)
- 10.3.4.1. Overview,
- 10.3.4.2. Products & services,
- 10.3.4.3. SWOT analysis,
- 10.3.4.4. Recent developments,
- 10.3.4.5. strategies,
- 10.3.4.6. financials (based on availability)
- 10.3.5. FAST Global Solutions (WASP Inc.) (U.S.)
- 10.3.5.1. Overview,
- 10.3.5.2. Products & services,
- 10.3.5.3. SWOT analysis,
- 10.3.5.4. Recent developments,
- 10.3.5.5. strategies,
- 10.3.5.6. financials (based on availability)
- 10.3.6. JIANGSU TIANYI AVIATION INDUSTRY CORPORATION LIMITED (China)
- 10.3.6.1. Overview,
- 10.3.6.2. Products & services,
- 10.3.6.3. SWOT analysis,
- 10.3.6.4. Recent developments,
- 10.3.6.5. strategies,
- 10.3.6.6. financials (based on availability)
- 10.3.7. Sinfonia Technology Co. Ltd. (Japan)
- 10.3.7.1. Overview,
- 10.3.7.2. Products & services,
- 10.3.7.3. SWOT analysis,
- 10.3.7.4. Recent developments,
- 10.3.7.5. strategies,
- 10.3.7.6. financials (based on availability)
- 10.3.8. Textron Ground Support Equipment Inc. (U.S.)
- 10.3.8.1. Overview,
- 10.3.8.2. Products & services,
- 10.3.8.3. SWOT analysis,
- 10.3.8.4. Recent developments,
- 10.3.8.5. strategies,
- 10.3.8.6. financials (based on availability)
- 10.3.9. TLD Group (France)
- 10.3.9.1. Overview,
- 10.3.9.2. Products & services,
- 10.3.9.3. SWOT analysis,
- 10.3.9.4. Recent developments,
- 10.3.9.5. strategies,
- 10.3.9.6. financials (based on availability)
- 10.3.10. Weihai Guangtai Airport Equipment Co. Ltd. (China)
- 10.3.10.1. Overview,
- 10.3.10.2. Products & services,
- 10.3.10.3. SWOT analysis,
- 10.3.10.4. Recent developments,
- 10.3.10.5. strategies,
- 10.3.10.6. financials (based on availability)
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