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Roof Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global roof coatings market reached a value of US$ 3.32 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.16 Billion by 2027, exhibiting a CAGR of 3.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. 

Roof coatings refer to monolithic, elastomeric, fluid applied roofing membranes that are widely installed for eliminating damages caused by water, heat and ultraviolet (UV) radiations. At present, they are commercially available in varying types, such as acrylic, elastomeric, silicone, plastic and cool. These coatings aid in reducing the risk of roof leaks, ensuring thermal stability, and maintaining the temperature of the structure, thereby extending the shelf life of the roof. On account of these properties, roof coatings find extensive applications across various sectors.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Roof Coatings Market Trends:

One of the key factors driving the market growth is the widespread adoption of roof coatings across the residential, commercial, healthcare, hospitality, and public sectors, for eradicating damage caused by heavy rains and heat. In line with this, the favorable initiatives undertaken by the government bodies of various countries for promoting the usage of green coatings in infrastructures for mitigating greenhouse gas (GHG) emissions are catalyzing the market growth. This is further supported by the increasing consumer consciousness regarding the sustainable properties of these roof coatings that consume lesser energy as compared to their conventional counterparts, which is acting as another major growth-inducing factor. Moreover, the rising commercial building activities across the globe, along with escalating population and evolving lifestyle is, providing an impetus to the market growth. The extensive utilization of volatile organic compounds (VOCs) in the paint roof coatings for the protection from weathering, chemical reaction, ageing and oxidation is considerably contributing to the market growth. Other factors, such as strategic collaborations between top players and the increasing investments in the research and development (R&D) activities for introducing advanced coatings materials to protect from the torrid heat, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global roof coatings market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on roof type, material, technology and end user.

Breakup by Roof Type:

  • Low Sloped Roof
  • Steep Sloped Roof
  • Others
     

Breakup by Material:

  • Elastomeric
  • Bituminous
  • Acrylic
  • Epoxy
  • Silicone
  • Others
     

Breakup by Technology:

 

 
 

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  • Water-based
  • Solvent-based
     

Breakup by End User:

  • Residential
  • Commercial
  • Hospitality
  • Healthcare
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., BASF SE, Covestro AG, Dow Inc., Hempel A/S, Huntsman International LLC, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, The Sherwin-Williams Company and Wacker Chemie AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Roof Type, Material, Technology, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Akzo Nobel N.V., BASF SE, Covestro AG, Dow Inc., Hempel A/S, Huntsman International LLC, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, The Sherwin-Williams Company and Wacker Chemie AG.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global roof coatings market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global roof coatings market?
  • What are the key regional markets?
  • What is the breakup of the market based on the roof type?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global roof coatings market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Roof Coatings Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Roof Type
    6.1    Low Sloped Roof
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Steep Sloped Roof
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Material
    7.1    Elastomeric
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Bituminous
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Acrylic
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Epoxy
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Silicone
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Technology
    8.1    Water-based
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Solvent-based
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End User
    9.1    Residential
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Commercial
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Hospitality
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Healthcare
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Akzo Nobel N.V.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    BASF SE
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Covestro AG
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Dow Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Hempel A/S
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 SWOT Analysis
        15.3.6    Huntsman International LLC
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Nippon Paint Holdings Co. Ltd.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    PPG Industries Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    RPM International Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Sika AG
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        15.3.11    The Sherwin-Williams Company
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Wacker Chemie AG
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Roof Coatings Market: Major Drivers and Challenges
Figure 2: Global: Roof Coatings Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Roof Coatings Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Roof Coatings Market: Breakup by Roof Type (in %), 2021
Figure 5: Global: Roof Coatings Market: Breakup by Material (in %), 2021
Figure 6: Global: Roof Coatings Market: Breakup by Technology (in %), 2021
Figure 7: Global: Roof Coatings Market: Breakup by End User (in %), 2021
Figure 8: Global: Roof Coatings Market: Breakup by Region (in %), 2021
Figure 9: Global: Roof Coatings (Low Sloped Roof) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Roof Coatings (Low Sloped Roof) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Roof Coatings (Steep Sloped Roof) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Roof Coatings (Steep Sloped Roof) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Roof Coatings (Other Roof Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Roof Coatings (Other Roof Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Roof Coatings (Elastomeric) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Roof Coatings (Elastomeric) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Roof Coatings (Bituminous) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Roof Coatings (Bituminous) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Roof Coatings (Acrylic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Roof Coatings (Acrylic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Roof Coatings (Epoxy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Roof Coatings (Epoxy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Roof Coatings (Silicone) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Roof Coatings (Silicone) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Roof Coatings (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Roof Coatings (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Roof Coatings (Water-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Roof Coatings (Water-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Roof Coatings (Solvent-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Roof Coatings (Solvent-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Roof Coatings (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Roof Coatings (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Roof Coatings (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Roof Coatings (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Roof Coatings (Hospitality) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Roof Coatings (Hospitality) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Roof Coatings (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Roof Coatings (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Roof Coatings (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Roof Coatings (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: North America: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: North America: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: United States: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: United States: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Canada: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Canada: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Asia-Pacific: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Asia-Pacific: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: China: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: China: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Japan: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Japan: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: India: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: India: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: South Korea: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: South Korea: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Australia: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Australia: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Indonesia: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Indonesia: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Europe: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Europe: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Germany: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Germany: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: France: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: France: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: United Kingdom: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: United Kingdom: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Italy: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Italy: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Spain: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Spain: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Russia: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Russia: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Latin America: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Latin America: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Brazil: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Brazil: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Mexico: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Mexico: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Others: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Others: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Middle East and Africa: Roof Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Middle East and Africa: Roof Coatings Market: Breakup by Country (in %), 2021
Figure 89: Middle East and Africa: Roof Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Global: Roof Coatings Industry: SWOT Analysis
Figure 91: Global: Roof Coatings Industry: Value Chain Analysis
Figure 92: Global: Roof Coatings Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Roof Coatings Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Roof Coatings Market Forecast: Breakup by Roof Type (in Million US$), 2022-2027
Table 3: Global: Roof Coatings Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Roof Coatings Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 5: Global: Roof Coatings Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Roof Coatings Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Roof Coatings Market: Competitive Structure
Table 8: Global: Roof Coatings Market: Key Players

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