Liquid-applied Roof Coating Market: Introduction
Liquid-applied Roof Coating is a process of waterproofing a roof that involves the application of the fully bonded, monolithic, liquid-based coating on the roof. It is suitable for all types of roofs, including flat, pitched, and domes. This liquid-applied roof coating system restores the deteriorating and provides durability, highly efficient weather ability, and a cost-efficient roofing system.
The liquid-applied roof coating is ideal for maintaining the room temperature inside the building, absorbing UV radiations, and waterproof the roof. It can be applied in both reroofing and new construction. Various roof coating materials can be liquid-applied such as acrylic, silicone, blended, PMMA, asphalt, polyurethane, amongst others.
Technological advancement and rising awareness about the environment, the manufacturers have developed eco-friendly liquid roof coatings with ultra-low or no volatile organic compounds (VOC). The global demand for liquid-applied roof coating systems has expected to grow with the healthy CAGR in the coming years.
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Liquid-applied Roof Coating Market: Segmentation
The global Liquid-applied Roof Coating market is segmented on the basis of type, application and region.
Based on the type, the global Liquid-applied Roof Coating market is segmented as:
- Acrylic Coatings
- Asphalt Coatings
- Polyurethane Coatings
- Silicone Coatings
- Blended Coating
- PMMA Coating
- Others
Based on the application, the global Liquid-applied Roof Coating market is segmented as:
- Commercial
- Residential
Based on region, the global Liquid-applied Roof Coating market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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Liquid-applied Roof Coating Market: Regional Outlook
North America holds the majority of the share in liquid-applied roof coating market owing to the massive demand for cool roofing to increase energy efficiency, increasing the use of coating in roofing, and augmented application of liquid roofing in new construction to improve the life span. Increase in construction spending in developing as well as developed regions are further driving the demand for the Liquid-applied roof coating system. In Europe, the overall building & construction industry is matured, resulting in stagnant growth in the Liquid-applied roof coating market. Shift of the construction industry to developing economies such as China and India owing to stable economic growth and increase in disposable income has increased the consumption of Liquid-applied roof coating in the countries. In Latin America, due to increasing demand for energy-efficient house cooling system, the Liquid-applied roof coating market will witness significant growth in the coming years. The demand for Liquid-applied roof coating in Middle East & Africa is mostly driven by the rising economy and increased construction spending of GCC Countries, resulting in steep growth in the Liquid-applied roof coating market.
Liquid-applied Roof Coating Market: Prominent players
Prominent players in the global Liquid-applied Roof Coating market is PPG Industries, Sherwin-Williams, AkzoNobel NV, Nippon Paint Holdings Co., Ltd., 3M, National Coatings Corp., GAF Materials, Gardner-Gibson, Garland Polyglass, and Tremco amongst others. The Liquid-applied Roof Coating market is fragmented with the presence of diversified global and regional players with global vendors ruling the market.
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The market report provides the readers with the below-mentioned insights:
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- Key trends, including ecological conservation, patented solutions, and globalization.
- Consumption pattern of each segment of the Liquid-applied Roof Coating Marketin every region.
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- Detailed study of the factors (positive and negative) impacting the growth of the global Endobronchial ValvesProjector Lamps Market.
- Critical analysis of R&D activities performed by Liquid-applied Roof Coating Marketplayers to expand their production footprint across various industries.
- Thorough research of effect of the Liquid-applied Roof Coating Marketacross various end use industries.
The market report gets rid of the following queries:
- Which end use has the highest rate of consumption and why?
- Which regions are the Liquid-applied Roof Coating Marketplayers targeting to gain a competitive edge?
- What is the growth forecast of the global Liquid-applied Roof Coating Marketin region?
- What is the Y-o-Y growth rate of the globalProjector Lamps Market?
- Which segment will have the maximum share of the global Liquid-applied Roof Coating Marketby the end of year?
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