Roof Coating Market

Date: 2016-05

A roof coating is a colossal, fully observed, fluid applied roofing membrane. This coating consists of elastic properties which permits elasticity and reappear to their novel form deprived of destruction. Roof coatings can resolve roof leakages in any type of roofing material. Roof coatings, particularly cool roof coatings, are promptly gaining prominence in the global paints and coatings market as numerous nations across the globe, mainly developed are concentrating on dropping energy consumption due to the growing electricity costs. These coatings offer several advantages such as high solar reflectivity and cost effective which ultimately results in diminishing the heat buildup within residential and commercial spaces and lowers dependence on air-conditioning, thus saving energy and diminishing air pollution. Whereas, white coatings which are mainly acrylic-based constituents; are applied on flat commercial roof, are also attaining prominence quickly.

The roof coating are broadly divided into several types of materials such as wood shake, asphalt shingles, slate shingle, membrane roofing material, tiles, metals, composites, rubber, others. There several kinds of roof structures where these coating materials are applied such as gable roof, flat roof, hip roof, gambrel roof, dutch hip roof, shed roof, mansard roof, butterfly roof, winged gable roof, A-framed roof, folded plate roof & others.

Roof coatings market is segmented by type of coatings, which includes white roof coating, aluminum roof coating, silicone white roof coating, elastomeric coating, pigmented roof coating, protective roof coating, cool roof coating and others. As per the current trends, the surfactants market has grown significantly over the last few years. APAC is the largest region in terms of demand of roof coating followed by Europe and North America. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the roof coating market and future opportunities are provided in the report.

Asia-Pacific (APAC) has been the leading region in terms of deployment and adoption of roof coating market, followed by North America and Europe in 2015. The APAC region is the fastest-growing market for roof coating, in terms of volumes. The escalating construction market in APAC region is also accountable for the rise in market in terms of consumption and production capacity from the developed markets to the developing markets. China and India dominates the roof coating market in the APAC region. Developed lifestyle, growing cost of living and increasing population would benefit construction industry to flourish in APAC and thereby support roof coating market to nurture.

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