Market Overview:
The global liquid-applied roof coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for roof coatings from the commercial and household applications, globally. In terms of type, acrylic roof coatings are expected to lead the global liquid-applied roof coatings market during the forecast period, owing to their properties such as high weathering resistance and durability. In terms of application, commercial applications are expected to account for a larger share of the global liquid-applied roof coatings market during the forecast period.
Product Definition:
Liquid-applied roof coatings are a type of coating that is applied to a roof in liquid form and then dries to form a waterproof barrier. These coatings are usually applied in one or two coats, and they can be used on both flat and sloped roofs. Liquid-applied roof coatings are important because they can protect roofs from water damage and extend their life.
Acrylic Roof Coatings:
Acrylic roof coatings are expected to witness significant growth in the forthcoming years owing to their increasing application scope in various end-use industries. The growing construction industry coupled with rising demand for energy-efficient and durable roofing solutions is anticipated to drive the acrylic roof coatings market over the forecast period.
Acrylic or polyacrylic acid based liquid applied roofs offer high durability, low maintenance cost along with superior weather resistance as compared to conventional coating systems including bitumen and lead sheets.
Asphalt Roof Coatings:
Asphalt roof coatings are a special type of roofing material that is made up of solid or semi-solid asphalt. It has high durability and resistance to extreme weather conditions, which makes it suitable for use in liquid applied roof coatings. The product also provides fire protection and acoustic insulation at the same time.
The global asphalt roof coatings market size was estimated at USD 2,64 billion in 2015.
Application Insights:
The global liquid-applied roof coatings market is segmented by application into a household and commercial sector. The household application segment dominated the overall industry in terms of revenue share in 2017, owing to growing demand for residential construction across various regions, including Asia Pacific and Europe. Liquid-applied roof coatings are used on houses to improve their aesthetic value as well as provide protection from extreme weather conditions such as snow, ice, and heavy rains.
The commercial sector is expected to witness significant growth over the forecast period due to rising demand for office buildings from companies around the world that are looking for cost-effective solutions while building their new offices or expanding their existing ones at a faster rate than ever before possible. Liquid applied roof coating systems offer benefits such as ease of use/application along with high durability resulting in lower labor costs per square foot when compared with conventional flat roofs which further enhances profitability margins of project developers/owners during economic slowdowns or recessionsary environments respectively.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 45% in 2017 owing to high product demand from developing countries, such as China and India. In addition, increasing number of construction activities due to growing population is anticipated to fuel the product demand further.
The growth of global liquid-applied roof coatings market by region can be attributed to different factors such as changing lifestyle, economic development along with rapid urbanization & infrastructure development that has led towards increased spending on construction sector resulting into increased consumption of roofing systems including asphalt concrete mixers (ACM), metal composite mixers (MCM) and others.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global liquid-applied roof coatings market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for energy-efficient and environment-friendly products.
- Rising awareness about the benefits of liquid-applied roof coatings: The growing awareness about the benefits of using liquid-applied roof coatings is another key factor driving the growth of this market. These benefits include improved thermal insulation, resistance to weathering and UV radiation, reduced cooling costs, and extended life span of roofs.
- Growing construction industry in developing countries: The construction industry in developing countries is booming due to rapid urbanization and industrialization, which is fueling the growth of the global liquid-applied roof coatings market.
- Technological advancements: Continuous technological advancements are leading to innovations in product design and formulation that are helping manufacturers offer better quality products with enhanced performance characteristics such as durability, flexibility, adhesion properties, etc., thereby boosting the growth of this market segmentation .
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid-Applied Roof Coatings Market Research Report
By Type
Acrylic Roof Coatings, Asphalt Roof Coatings, Silicone Roof Coatings, Urethane Roof Coatings, Blended Roof Coatings, PMMA Roof Coatings, Other Roof Coatings
By Application
Household, Commercial
By Companies
GAF Materials, Gardner-Gibson, Garland, Polyglass, Tremco, Gaco Western
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Liquid-Applied Roof Coatings Market Report Segments:
The global Liquid-Applied Roof Coatings market is segmented on the basis of:
Types
Acrylic Roof Coatings, Asphalt Roof Coatings, Silicone Roof Coatings, Urethane Roof Coatings, Blended Roof Coatings, PMMA Roof Coatings, Other Roof Coatings
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
Household, Commercial
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:
- GAF Materials
- Gardner-Gibson
- Garland
- Polyglass
- Tremco
- Gaco Western
Highlights of The Liquid-Applied 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:
- Acrylic Roof Coatings
- Asphalt Roof Coatings
- Silicone Roof Coatings
- Urethane Roof Coatings
- Blended Roof Coatings
- PMMA Roof Coatings
- Other Roof Coatings
- By Application:
- Household
- Commercial
- 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 Liquid-Applied 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.
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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?
Liquid-applied roof coatings are a type of coating that is applied to roofs using a spray gun. The coating is made up of water, solvents, and pigments and is applied in a thin layer. Liquid-applied roof coatings are often used on metal roofs because they provide an easy way to apply the coating and they have good adhesion properties.
Some of the major players in the liquid-applied roof coatings market are GAF Materials, Gardner-Gibson, Garland, Polyglass, Tremco, Gaco Western.
The liquid-applied roof coatings market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liquid-Applied Roof Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Liquid-Applied Roof Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Liquid-Applied Roof Coatings Market - Supply Chain
4.5. Global Liquid-Applied Roof Coatings Market Forecast
4.5.1. Liquid-Applied Roof Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liquid-Applied Roof Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Liquid-Applied Roof Coatings Market Absolute $ Opportunity
5. Global Liquid-Applied Roof Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Liquid-Applied Roof Coatings Market Size and Volume Forecast by Type
5.3.1. Acrylic Roof Coatings
5.3.2. Asphalt Roof Coatings
5.3.3. Silicone Roof Coatings
5.3.4. Urethane Roof Coatings
5.3.5. Blended Roof Coatings
5.3.6. PMMA Roof Coatings
5.3.7. Other Roof Coatings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Liquid-Applied Roof Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Liquid-Applied Roof Coatings Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Liquid-Applied Roof Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Liquid-Applied Roof Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Liquid-Applied Roof Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Liquid-Applied Roof Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Liquid-Applied Roof Coatings Demand Share Forecast, 2019-2026
9. North America Liquid-Applied Roof Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Liquid-Applied Roof Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Liquid-Applied Roof Coatings Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liquid-Applied Roof Coatings Market Size and Volume Forecast by Type
9.7.1. Acrylic Roof Coatings
9.7.2. Asphalt Roof Coatings
9.7.3. Silicone Roof Coatings
9.7.4. Urethane Roof Coatings
9.7.5. Blended Roof Coatings
9.7.6. PMMA Roof Coatings
9.7.7. Other Roof Coatings
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Liquid-Applied Roof Coatings Demand Share Forecast, 2019-2026
10. Latin America Liquid-Applied Roof Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Liquid-Applied Roof Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Liquid-Applied Roof Coatings Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liquid-Applied Roof Coatings Market Size and Volume Forecast by Type
10.7.1. Acrylic Roof Coatings
10.7.2. Asphalt Roof Coatings
10.7.3. Silicone Roof Coatings
10.7.4. Urethane Roof Coatings
10.7.5. Blended Roof Coatings
10.7.6. PMMA Roof Coatings
10.7.7. Other Roof Coatings
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Liquid-Applied Roof Coatings Demand Share Forecast, 2019-2026
11. Europe Liquid-Applied Roof Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Liquid-Applied Roof Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Liquid-Applied Roof Coatings Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liquid-Applied Roof Coatings Market Size and Volume Forecast by Type
11.7.1. Acrylic Roof Coatings
11.7.2. Asphalt Roof Coatings
11.7.3. Silicone Roof Coatings
11.74. Urethane Roof Coatings
11.7.5. Blended Roof Coatings
11.7.6. PMMA Roof Coatings
11.7.7. Other Roof Coatings
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Liquid-Applied Roof Coatings Demand Share, 2019-2026
12. Asia Pacific Liquid-Applied Roof Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Liquid-Applied Roof Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Liquid-Applied Roof Coatings Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liquid-Applied Roof Coatings Market Size and Volume Forecast by Type
12.7.1. Acrylic Roof Coatings
12.7.2. Asphalt Roof Coatings
12.7.3. Silicone Roof Coatings
12.7.4. Urethane Roof Coatings
12.7.5. Blended Roof Coatings
12.7.6. PMMA Roof Coatings
12.7.7. Other Roof Coatings
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Liquid-Applied Roof Coatings Demand Share, 2019-2026
13. Middle East & Africa Liquid-Applied Roof Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Liquid-Applied Roof Coatings Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Liquid-Applied Roof Coatings Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Liquid-Applied Roof Coatings Market Size and Volume Forecast by Type
13.7.1. Acrylic Roof Coatings
13.7.2. Asphalt Roof Coatings
13.7.3. Silicone Roof Coatings
13.7.4. Urethane Roof Coatings
13.7.5. Blended Roof Coatings
13.7.6. PMMA Roof Coatings
13.7.7. Other Roof Coatings
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Liquid-Applied Roof Coatings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Liquid-Applied Roof Coatings Market: Market Share Analysis
14.2. Liquid-Applied Roof Coatings Distributors and Customers
14.3. Liquid-Applied Roof Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GAF Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gardner-Gibson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Garland
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Polyglass
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tremco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gaco Western
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook