Market Overview:
The global roofing chemicals market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for roofing chemicals from various end-use industries, such as construction, automotive, and packaging. In terms of type, the acrylic resin segment is projected to lead the global roofing chemicals market during the forecast period. This growth can be attributed to its properties such as high weather resistance and durability. In terms of application, membrane roofing is projected to lead the global market during the forecast period owing to its growing demand in residential and non-residential buildings across regions.
Product Definition:
Roofing chemicals are used to waterproof and protect roofs. They are applied in a thick coat, which seals the surface and prevents water from seeping through.
Acrylic Resin:
Acrylic resin is a type of polymer, which is derived from carbon chains and linked by ester groups. The most common form of acrylic resin used in roofing chemicals industry includes methyl acrylate (MMA), ethyl acrylate (EMA), butyl acrylate (BA), and 2- ethyl hexanoate(2- EHA). It has high heat & impact resistance properties along with excellent weatherproofing characteristics.
Asphalt/Bituminous:
Asphalt/bituminous is a highly refined and purified form of the mineral bitumen. It is a black, viscous, asphalt-like substance that is produced from the distillation of crude oil. The product has several uses in roofing chemicals industry including waterproofing and sealing materials for residential & commercial buildings as well as highways. Asphalt/bituminous can also be used to repair damaged roofs due to extreme weather conditions such as snowfall or rainfall.
Application Insights:
The market is segmented by application into membrane roofing, elastomeric roofing, bituminous roofing, plastic (PVC) roofs and metal roofs. In 2017, the membrane roofs dominated the overall market with a share of over 60.0%. The demand for low cost and easy to install membranes is expected to drive growth over the forecast period.
Membrane roofs are made using various materials such as polyethylene terephthalate (PET), polyester fiberglass or cellulose based products which are used in residential applications owing to their low cost and high durability properties. Growing awareness regarding energy efficiency coupled with rising concerns regarding global warming has resulted in increased demand for sustainable building materials which is likely to propel growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global roofing chemicals market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major economies, such as China, India, Japan and South Korea. Rapidly growing population coupled with increasing consumer disposable income levels has resulted in increased demand for residential housing across these countries. This factor is projected to have a positive impact on industry growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high acceptance of quality products coupled with stringent regulations imposed by government agencies pertaining to sustainability issues associated with construction materials used for building structures such as buildings or pavements. Europe was followed by North America which accounted for approximately 25% of total market volume share in 2017 due to presence of developed infrastructure and well-established manufacturing base primarily located along East Coast U.S., Mexico City area and Gulf Coast states including Florida & Alabama).
Growth Factors:
- Growing demand from the construction industry as a result of increasing population and rapid urbanization
- Rising awareness about the benefits of using roofing chemicals for better roofing performance
- Increasing use of advanced technologies in the production of roofing chemicals
- Growing demand from emerging markets due to rising income levels and growing infrastructure investments
- Proliferation of new applications for roofing chemicals in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Roofing Chemicals Market Research Report
By Type
Acrylic Resin, Asphalt/Bituminous, Elastomer, Epoxy Resin, Styrene
By Application
Membrane Roofing, Elastomeric Roofing, Bituminous Roofing, Plastic (PVC) Roofing, Metal Roofing
By Companies
BASF, DowDuPont, Saint-Gobain, 3M, Akzo Nobel, Sika, Owens Corning, Carlisle Companies, Johns Manville, GAF Materials, BASF
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Roofing Chemicals Market Report Segments:
The global Roofing Chemicals market is segmented on the basis of:
Types
Acrylic Resin, Asphalt/Bituminous, Elastomer, Epoxy Resin, Styrene
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
Membrane Roofing, Elastomeric Roofing, Bituminous Roofing, Plastic (PVC) Roofing, Metal Roofing
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:
- BASF
- DowDuPont
- Saint-Gobain
- 3M
- Akzo Nobel
- Sika
- Owens Corning
- Carlisle Companies
- Johns Manville
- GAF Materials
- BASF
Highlights of The Roofing Chemicals 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:
- Acrylic Resin
- Asphalt/Bituminous
- Elastomer
- Epoxy Resin
- Styrene
- By Application:
- Membrane Roofing
- Elastomeric Roofing
- Bituminous Roofing
- Plastic (PVC) Roofing
- Metal Roofing
- 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 Roofing Chemicals 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.
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- Correctly Positioning New Products
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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?
Roofing chemicals are a type of chemical used to seal and protect roofs from the elements. Roofing chemicals can be used in a variety of ways, including as an adhesive, primer, or sealant.
Some of the key players operating in the roofing chemicals market are BASF, DowDuPont, Saint-Gobain, 3M, Akzo Nobel, Sika, Owens Corning, Carlisle Companies, Johns Manville, GAF Materials, BASF.
The roofing chemicals market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Roofing Chemicals 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 Roofing Chemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Roofing Chemicals 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 Roofing Chemicals 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 Roofing Chemicals Market Size & Forecast, 2018-2028
4.5.1 Roofing Chemicals Market Size and Y-o-Y Growth
4.5.2 Roofing Chemicals Market Absolute $ Opportunity
Chapter 5 Global Roofing Chemicals 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 Roofing Chemicals Market Size Forecast by Type
5.2.1 Acrylic Resin
5.2.2 Asphalt/Bituminous
5.2.3 Elastomer
5.2.4 Epoxy Resin
5.2.5 Styrene
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Roofing Chemicals 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 Roofing Chemicals Market Size Forecast by Applications
6.2.1 Membrane Roofing
6.2.2 Elastomeric Roofing
6.2.3 Bituminous Roofing
6.2.4 Plastic (PVC) Roofing
6.2.5 Metal Roofing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Roofing Chemicals 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 Roofing Chemicals 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 Roofing Chemicals Analysis and Forecast
9.1 Introduction
9.2 North America Roofing Chemicals 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 Roofing Chemicals Market Size Forecast by Type
9.6.1 Acrylic Resin
9.6.2 Asphalt/Bituminous
9.6.3 Elastomer
9.6.4 Epoxy Resin
9.6.5 Styrene
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 Roofing Chemicals Market Size Forecast by Applications
9.10.1 Membrane Roofing
9.10.2 Elastomeric Roofing
9.10.3 Bituminous Roofing
9.10.4 Plastic (PVC) Roofing
9.10.5 Metal Roofing
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 Roofing Chemicals Analysis and Forecast
10.1 Introduction
10.2 Europe Roofing Chemicals 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 Roofing Chemicals Market Size Forecast by Type
10.6.1 Acrylic Resin
10.6.2 Asphalt/Bituminous
10.6.3 Elastomer
10.6.4 Epoxy Resin
10.6.5 Styrene
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 Roofing Chemicals Market Size Forecast by Applications
10.10.1 Membrane Roofing
10.10.2 Elastomeric Roofing
10.10.3 Bituminous Roofing
10.10.4 Plastic (PVC) Roofing
10.10.5 Metal Roofing
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 Roofing Chemicals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Roofing Chemicals 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 Roofing Chemicals Market Size Forecast by Type
11.6.1 Acrylic Resin
11.6.2 Asphalt/Bituminous
11.6.3 Elastomer
11.6.4 Epoxy Resin
11.6.5 Styrene
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 Roofing Chemicals Market Size Forecast by Applications
11.10.1 Membrane Roofing
11.10.2 Elastomeric Roofing
11.10.3 Bituminous Roofing
11.10.4 Plastic (PVC) Roofing
11.10.5 Metal Roofing
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 Roofing Chemicals Analysis and Forecast
12.1 Introduction
12.2 Latin America Roofing Chemicals 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 Roofing Chemicals Market Size Forecast by Type
12.6.1 Acrylic Resin
12.6.2 Asphalt/Bituminous
12.6.3 Elastomer
12.6.4 Epoxy Resin
12.6.5 Styrene
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 Roofing Chemicals Market Size Forecast by Applications
12.10.1 Membrane Roofing
12.10.2 Elastomeric Roofing
12.10.3 Bituminous Roofing
12.10.4 Plastic (PVC) Roofing
12.10.5 Metal Roofing
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) Roofing Chemicals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Roofing Chemicals 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) Roofing Chemicals Market Size Forecast by Type
13.6.1 Acrylic Resin
13.6.2 Asphalt/Bituminous
13.6.3 Elastomer
13.6.4 Epoxy Resin
13.6.5 Styrene
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) Roofing Chemicals Market Size Forecast by Applications
13.10.1 Membrane Roofing
13.10.2 Elastomeric Roofing
13.10.3 Bituminous Roofing
13.10.4 Plastic (PVC) Roofing
13.10.5 Metal Roofing
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 Roofing Chemicals Market: Competitive Dashboard
14.2 Global Roofing Chemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 DowDuPont
14.3.3 Saint-Gobain
14.3.4 3M
14.3.5 Akzo Nobel
14.3.6 Sika
14.3.7 Owens Corning
14.3.8 Carlisle Companies
14.3.9 Johns Manville
14.3.10 GAF Materials
14.3.11 BASF
