Global Roofing Chemicals Market 2024-2028
The roofing chemicals market is forecasted to grow by USD 46.8 bn during 2023-2028, accelerating at a CAGR of 7.08% during the forecast period. The report on the roofing chemicals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for thermal management in buildings, high demand for bitumen coating, and rising construction activities in developing nations.
Technavio's roofing chemicals market is segmented as below:
By Product
- Asphalt
- Acrylic resin
- Epoxy resin
- Elastomer
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rising development of bio-based roofing chemicals as one of the prime reasons driving the roofing chemicals market growth during the next few years. Also, increasing mergers, acquisitions, partnerships, and innovation among active vendors and government initiatives for smart cities will lead to sizable demand in the market.
The report on the roofing chemicals market covers the following areas:
- Roofing chemicals market sizing
- Roofing chemicals market forecast
- Roofing chemicals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading roofing chemicals market vendors that include 3M Co., Akzo Nobel NV, Atlas Roofing Corp., BASF SE, Berkshire Hathaway Inc., CICO Group, Compagnie de Saint Gobain, Dow Chemical Co., DuPont de Nemours Inc., Eastman Chemical Co., GAF Materials LLC, Henry Co., Industrial Foams Pvt. Ltd., Holcim Ltd., National Coatings Corp., NovaTuff Coatings, Owens Corning, PPG Industries Inc., Sika AG, and SOPREMA SAS. Also, the roofing chemicals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.