Market Overview:
The global silicone roof coatings market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for silicone roof coatings from residential and commercial applications, owing to their properties such as resistance to corrosion, waterproofing, and thermal insulation. In addition, the growing construction industry in emerging economies is also contributing towards the growth of this market.
Product Definition:
A silicone roof coating is a type of roofing material that is applied to a roof in order to protect it from the elements. It can help to keep the roof from leaking, and it can also help to extend the life of the roof. Silicone coatings are often used on roofs that are made out of metal or asphalt, and they can be applied using either a brush or a roller.
Anti-Corrosion Coatings:
Anti-corrosion coatings are primarily employed in the metal roofing industry to protect the underlying deck from deterioration due to exposure to harsh weather conditions. Silicone anti-corrosion coating is applied over a substrate of flexible silicone rubber and is used as an alternative for lead or zinc coated roofs on buildings.
Silicone Waterproofing Coating:
Silicone waterproofing coating is a two-component system consisting of an acrylic polymer and silica. The product has high thermal stability, low viscosity, and exhibits excellent adhesion to the substrate. It can be applied by spray technique as well as by roll method over both interior & exterior surfaces of building structures including walls, roofs & floors.
Application Insights:
The demand for silicone roof coatings was highest in the residential sector accounting for over 92% of the total market revenue in 2017. The growth can be attributed to rising housing needs across various regions coupled with increasing disposable income levels of consumers, especially in Asia Pacific and Middle East & Africa.
Increasing investments by governments to develop affordable housing schemes is expected to remain a key driving factor over the forecast period. In addition, growing urbanization trends are resulting in increased construction activities, which is further anticipated to propel product demand from 2018 to 2030.
Commercial applications include government buildings, healthcare facilities, educational institutions and sports arenas among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rapid urbanization, increasing per capita income, growing population, and government initiatives for infrastructure development. In addition, rising demand for green buildings is anticipated to drive product demand in this region. China accounted for a major share of the Asia Pacific market owing to its large construction industry coupled with extensive rural-to-urban migration trends within the country.
North America emerged as one of the key markets in 2017 owing to high acceptance by consumers due to aesthetic appeal coupled with water resistance properties offered by silicone roof coatings at reasonable prices compared to other alternatives such as copper or lead based paints which are not environmentally friendly and may pose health risks over a long period of time.
Growth Factors:
- Increasing demand from the construction industry for roofing applications is expected to drive the growth of silicone roof coatings market over the forecast period.
- Rising awareness about the benefits of silicone roof coatings, such as durability, weather resistance and low maintenance costs is projected to propel market growth.
- The increasing use of silicone-based sealants in automotive and aerospace applications is also anticipated to fuel market demand over the next eight years.
- Growing popularity of green roofs will create new opportunities for silicone roof coatings manufacturers in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone Roof Coatings Market Research Report
By Type
Anti-Corrosion Coatings, Silicone Waterproofing Coating
By Application
Residential, Commercial, Others
By Companies
Akzonobel N.V., The Valspar Corporation, BASF SE, Dow Chemical Company, Nippon Paint Co. Ltd., PPG Industries, Inc., Gaco Western, Progressive Materials, Henry Company, GH International, Akzonobel N.V., Dow Corning
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Silicone Roof Coatings Market Report Segments:
The global Silicone Roof Coatings market is segmented on the basis of:
Types
Anti-Corrosion Coatings, Silicone Waterproofing Coating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akzonobel N.V.
- The Valspar Corporation
- BASF SE
- Dow Chemical Company
- Nippon Paint Co. Ltd.
- PPG Industries, Inc.
- Gaco Western
- Progressive Materials
- Henry Company
- GH International
- Akzonobel N.V.
- Dow Corning
Highlights of The Silicone Roof Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Anti-Corrosion Coatings
- Silicone Waterproofing Coating
- By Application:
- Residential
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silicone Roof Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Silicone roof coatings are a type of coating that is applied to roofs to protect them from the elements and help reduce the amount of water that leaks off the roof. Silicone coatings are also used as an anti-fog agent.
Some of the key players operating in the silicone roof coatings market are Akzonobel N.V., The Valspar Corporation, BASF SE, Dow Chemical Company, Nippon Paint Co. Ltd., PPG Industries, Inc., Gaco Western, Progressive Materials, Henry Company, GH International, Akzonobel N.V., Dow Corning.
The silicone roof coatings market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicone Roof Coatings Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Silicone Roof Coatings Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Silicone Roof Coatings Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Silicone Roof Coatings Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Silicone Roof Coatings Market Size & Forecast, 2018-2028 4.5.1 Silicone Roof Coatings Market Size and Y-o-Y Growth 4.5.2 Silicone Roof Coatings Market Absolute $ Opportunity
Chapter 5 Global Silicone Roof Coatings Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Silicone Roof Coatings Market Size Forecast by Type
5.2.1 Anti-Corrosion Coatings
5.2.2 Silicone Waterproofing Coating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Silicone Roof Coatings Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Silicone Roof Coatings Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicone Roof Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silicone Roof Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Silicone Roof Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Silicone Roof Coatings Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Silicone Roof Coatings Market Size Forecast by Type
9.6.1 Anti-Corrosion Coatings
9.6.2 Silicone Waterproofing Coating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Silicone Roof Coatings Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Silicone Roof Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Silicone Roof Coatings Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Silicone Roof Coatings Market Size Forecast by Type
10.6.1 Anti-Corrosion Coatings
10.6.2 Silicone Waterproofing Coating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Silicone Roof Coatings Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Silicone Roof Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Silicone Roof Coatings Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Silicone Roof Coatings Market Size Forecast by Type
11.6.1 Anti-Corrosion Coatings
11.6.2 Silicone Waterproofing Coating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Silicone Roof Coatings Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Silicone Roof Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Silicone Roof Coatings Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Silicone Roof Coatings Market Size Forecast by Type
12.6.1 Anti-Corrosion Coatings
12.6.2 Silicone Waterproofing Coating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Silicone Roof Coatings Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Silicone Roof Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Silicone Roof Coatings Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Silicone Roof Coatings Market Size Forecast by Type
13.6.1 Anti-Corrosion Coatings
13.6.2 Silicone Waterproofing Coating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Silicone Roof Coatings Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silicone Roof Coatings Market: Competitive Dashboard
14.2 Global Silicone Roof Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzonobel N.V.
14.3.2 The Valspar Corporation
14.3.3 BASF SE
14.3.4 Dow Chemical Company
14.3.5 Nippon Paint Co. Ltd.
14.3.6 PPG Industries, Inc.
14.3.7 Gaco Western
14.3.8 Progressive Materials
14.3.9 Henry Company
14.3.10 GH International
14.3.11 Akzonobel N.V.
14.3.12 Dow Corning