#Elastomeric Roof Coating Market Trends and Outlook
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Elastomeric Coating Market Trends and Future Prospects: A Comprehensive Study on Global Elastomeric Coating Market Dynamics and Growth Opportunities
The Elastomeric Coating Market refers to the global industry that produces and distributes elastomeric coatings, which are specially formulated coatings designed to provide flexibility, durability, and weather resistance to various surfaces. Elastomeric coatings are commonly used in construction, infrastructure, automotive, and industrial applications.
Here is some full information about the Elastomeric Coating Market:
Market Overview: The Elastomeric Coating Market has experienced significant growth in recent years due to the increasing demand for high-performance coatings in various sectors. Elastomeric coatings are preferred for their ability to expand and contract with substrate movement, making them suitable for applications where flexibility and durability are essential.
Types of Elastomeric Coatings: There are several types of elastomeric coatings available in the market, including acrylic, silicone, polyurethane, and butyl. Each type has its specific properties and applications. Acrylic elastomeric coatings are the most commonly used, offering excellent UV resistance and waterproofing capabilities.
Application Areas: Elastomeric coatings find wide applications in different industries and sectors. Some common application areas include:
Building and Construction: Elastomeric coatings are extensively used for waterproofing, protecting exterior walls, roofs, and concrete surfaces from weathering, cracks, and moisture intrusion.
Infrastructure: Bridges, parking decks, and other infrastructure elements benefit from elastomeric coatings to protect against corrosion and extend their lifespan.
Automotive: Elastomeric coatings are used for automotive underbody protection, providing resistance against stone chips, rust, and abrasion.
Industrial: Elastomeric coatings are applied to various industrial equipment, machinery, and tanks to protect them from chemical corrosion, abrasion, and weathering.
Market Drivers: Several factors are driving the growth of the Elastomeric Coating Market, including:
Increasing construction activities and infrastructure development worldwide.
Growing demand for energy-efficient buildings and sustainable construction materials.
Rising awareness about the benefits of elastomeric coatings in terms of reducing maintenance costs and extending the lifespan of structures.
Advancements in coating technologies, leading to improved product performance and durability.
Strict environmental regulations promoting the use of eco-friendly and low-VOC coatings.
Regional Market Analysis: The Elastomeric Coating Market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each region has its market dynamics influenced by factors such as economic development, construction activities, industrial growth, and government regulations.
Key Players: The Elastomeric Coating Market is highly competitive, with several prominent players operating globally. Some of the key players in the market include Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries, Inc., BASF SE, Dow Chemical Company, RPM International Inc., Nippon Paint Holdings Co., Ltd., and Axalta Coating Systems, among others.
Market Trends: The Elastomeric Coating Market is witnessing several trends that are shaping its growth, including:
Development of eco-friendly and sustainable elastomeric coatings with low VOC emissions.
Increasing adoption of cool roof coatings to enhance energy efficiency.
Rising demand for elastomeric coatings with enhanced durability, crack-bridging capabilities, and resistance to extreme weather conditions.
Growing focus on research and development activities to introduce innovative products and technologies.
Future Outlook: The Elastomeric Coating Market is expected to continue its growth trajectory in the coming years. The market will likely witness increased demand due to the expanding construction and infrastructure sectors, the need for protective coatings, and the development of advanced elastomeric coatings with improved performance attributes.
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Polymer Modified Bitumen Market Key Company Overview & Financial Performance, 2022
The global Polymer Modified Bitumen Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Polymer Modified Bitumen Market size is expected to value at USD 13.34 billion by 2022. The market is subject to witness a substantial growth due to the growing demand from various end-user industries such as building & construction industry and roofing industry, and increasing use as adhesive and coatings. Massive increase in infrastructural spending, particularly in developing economies across the globe such as India, China and Brazil are anticipated to fuel expansion over the next seven years.
Key Players:
Total S.A.
Nynas AB
Benzene International Pte. Ltd.
Hindustan Colas Private Limited (HINCOL)
Royal Dutch Shell PLC
Lagan Asphalt Group Ltd.
ExxonMobil Fuels & Lubricants (F&L)
Sika AG
Global Road Technology
ORLEN Asfalt Sp z.o.o.
Rosneft
Gazprom Neft PJSC
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Growth Drivers:
Shifting trend towards polymer-modified bitumen over conventional form of bitumen for asphalt overlay due to its advanced set of properties and minimum maintenance cost are anticipated to foster the growth of polymer modified bitumen industry. Globally, the polymer modified bitumen market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.
In addition, variation in changing climatic conditions coupled with heavy traffic hampers bitumen roads adversely, thus leading to cracks and rutting. Thus, increasing demand for polymer modified bitumen to comprehend such as factors are propelling market growth over the next seven years. Use of polymer-modified bitumen reduces the investment required for road maintenance every year. However, higher initial investment is one of the key challenges for market growth, in the recent years. Yet, polymer modified bitumen is highly cost-efficient, thus positively affecting market growth over the next seven years.
Product Outlook:
Thermoplastic Elastomers
Plastomers
The thermoplastic elastomers is considered as one of the fastest growing segment in the polymer modified bitumen market with substantial revenue generation in the last few years. Growing popularity of the thermoplastic elastomers segment is attributed to the increasing use as elastomeric materials and superior properties such as improved ageing resistance, low temperature flexibility and resistance to permanent deformation. The plastomers segment has also witnessed substantial growth.
End-use Outlook:
Road Construction
Roofing
Regional Outlook:
North America
Europe
Asia Pacific
Latin America
MEA
North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction sector, substantial growth in green roofing industry, and existence of well-established manufacturing infrastructure in the region.
Asia-Pacific region is predicted to hold major market share in the polymer modified bitumen market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing spending in infrastructure development in the region, favorable government policies, and significant investment by leading industry players considering potential growth opportunities in the region.
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Polymer Modified Bitumen Market Analysis, Opportunity and Industry Expansion Strategies till 2022
August 10, 2021: The global Polymer Modified Bitumen Market size is expected to value at USD 13.34 billion by 2022. The market is subject to witness a substantial growth due to the growing demand from various end-user industries such as building & construction industry and roofing industry, and increasing use as adhesive and coatings. Massive increase in infrastructural spending, particularly in developing economies across the globe such as India, China and Brazil are anticipated to fuel expansion over the next seven years.
Shifting trend towards polymer-modified bitumen over conventional form of bitumen for asphalt overlay due to its advanced set of properties and minimum maintenance cost are anticipated to foster the growth of polymer modified bitumen industry. Globally, the polymer modified bitumen market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.
In addition, variation in changing climatic conditions coupled with heavy traffic hampers bitumen roads adversely, thus leading to cracks and rutting. Thus, increasing demand for polymer modified bitumen to comprehend such as factors are propelling market growth over the next seven years. Use of polymer-modified bitumen reduces the investment required for road maintenance every year. However, higher initial investment is one of the key challenges for market growth, in the recent years. Yet, polymer modified bitumen is highly cost-efficient, thus positively affecting market growth over the next seven years.
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The polymer modified bitumen industry is broadly categorized into two major segments based on the product type such as thermoplastic elastomers and plastomers. The thermoplastic elastomers is considered as one of the fastest growing segment in the polymer modified bitumen market with substantial revenue generation in the last few years. Growing popularity of the thermoplastic elastomers segment is attributed to the increasing use as elastomeric materials and superior properties such as improved ageing resistance, low temperature flexibility and resistance to permanent deformation. The plastomers segment has also witnessed substantial growth.
The polymer modified bitumen industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction sector, substantial growth in green roofing industry, and existence of well-established manufacturing infrastructure in the region.
Asia-Pacific region is predicted to hold major market share in the polymer modified bitumen market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing spending in infrastructure development in the region, favorable government policies, and significant investment by leading industry players considering potential growth opportunities in the region.
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The key players in the polymer modified bitumen industry are Total Oil India Pvt., Ltd., Benzene International Pte., Ltd., Lagan Asphalt Group, Nynas AB, Royal Dutch Shell plc, ExxonMobil Co., Gazprom NEFT Ltd., and Sika AG.
Market Segment:
Global Polymer Modified Bitumen Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)
• Thermoplastic Elastomers
• Plastomers
Global Polymer Modified Bitumen End-use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)
• Road Construction
• Roofing
• Others
Global Polymer Modified Bitumen Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)
• North America
• U.S.
• Europe
• Germany
• France
• Asia Pacific
• China
• India
• Latin America
• Brazil
• MEA
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Elastomeric Coating Market Size, Trends, Shares, Insights and Forecast - 2026
Elastomeric coating is higher volume solid as compared to conventional paints. The main advantage of elastomeric coatings is that it helps secure hairline cracks on the surface. These coatings tend to stretch on these surfaces and thus, provide basic protection to the applied surface from external damage. This has propelled the use of elastomeric coatings in the construction industry. Elastomeric coatings are used extensively on mineral surfaces which develop cracks due to temperature variation. Elastomeric coatings offer numerous advantages such as high solid residue as compared to paints, excellent physical and chemical resistance, and exceptional transparency, glossy finish when used with metals.
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Elastomeric coatings have received increased acceptance amongst various end users due to properties such as enhanced durability and resistance to temperature variations unlike conventional paints. Elastomeric coatings are also used to coat the surface of plastic parts used in the automotive industry. Elastomeric coatings can also be applied on metals such as steel, which has a hydrophilic nature and if left unprotected can eventually leads to corrosion. Elastomeric coatings are also applied on roofs to provide cooling effect and protect concrete roofs from damage due to varying climatic conditions.
Wall coating product segment is expected to remain dominant in the global elastomeric coating market, due to its wide application in the construction industry. Wall coatings offer properties such as water resistance to the surface. Roof coatings offer numerous advantages such as high tensile strength, thermal emissivity, dirt resistance, substrate adhesion, and solar reflectivity. This has increased the consumption of roof coatings in the last few years, which has augmented growth of elastomeric coating market. Acrylic coatings are used in wall coatings, roof coatings and also for surface coatings and thus, remains the most widely used elastomeric coatings product. Acrylic coatings provide excellent color retention property in outdoor conditions.
Elastomeric Coating Market Outlook – Burgeoning demand for Waterproof and Durable Coatings to support Flourishing Construction Sector
Asia Pacific is expected to be the most potential market for elastomeric coating manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. Growing population coupled with rapidly increasing construction and automotive industries is expected to fuel demand for elastomeric coatings in the region. This trend is expected to sustain over the forecast period. According to India Brand Equity Foundation (IBEF)—a trust by the Department of Commerce, Ministry of Commerce and Industry, Government of India—by the end of FY20 the Indian construction industry is expected to reach a value of US$ 5 billion. Increasing demand for high quality and sustainable structures is increasing consumption of elastomeric coatings. Rapid growth of the construction industry in Asia Pacific is a key driver for the market.
Fluctuating prices of raw materials is expected to be one of the restraining factors for the growth of elastomeric coating market over the forecast period. Coating resin used for manufacturing elastomeric coating is derived from petroleum products, something that is subject to high price volatility. Volatile Organic Compounds (VOC) regulations govern the elastomeric coatings market. The National Volatile Organic Compounds Emissions standards enforced by the According to U.S. Environmental Protection Agency aims to reduce VOC emissions by 90,000 tons per year in order to reduce environmental impact. To reduce VOC content in Hong Kong, the government has passed many regulations to prohibit import and manufacture of products which exceed the VOC content limit. Continuous research and development to find alternatives to raw materials such as use of vegetables oils and production methods to reduce VOC emissions is one of the key strategies adopted by the top players in elastomeric coating industry. Some of the companies operating in the global elastomeric coating market are BASF SE, Progressive Paintings Inc., The Dow Chemical Company, Sherwin Williams Company, PPG Industries Inc., Industria Chimica Adriatica SpA, Nippon Paints, Clariant, The Valspar Corporation, and Rodda Paints, among others.
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ACRYLIC COATINGS MARKET ANALYSIS
Acrylic Coatings Market - Size, Share, Trends, and Forecast 2019 - 2027
The global acrylic coatings market size is expected to witness potential gains in the future, and register a CAGR of 6.1% over the forecast period (2019 - 2027).
Market Overview
Acrylic coatings possess excellent durability, are highly resistant to water and UV rays, stable under extremely cold temperature, easy to apply, and cost effective compared to other materials. The key feature of acrylic polymers is that they can be developed to be both tough and flexible at the same time. Acrylic materials have a wide range of applications, but are most commonly designed for the purpose of roof coatings (as replacement for house paint), and other roof applications. Elastomeric finish and high surface hardness makes them ideal for application in the building sector. Among other advantages, acrylic coatings have low odor, quicker drying time, eco-friendly, water resistance, and they are also resistant to corrosion. The low odor means acrylic coatings are a preferred choice for external as well as internal use.
Market Dynamics
Acrylic coatings can be applied over a wide range of surfaces such as wood, steel, aluminum, primers rich in zinc, concrete, piping, and others. As a result, acrylic coatings are expected to witness a high demand from coating and paint industries. Furthermore, there is a significant demand for decorative paints for application in exterior and interior walls which is driving the growth of the market. Increasing disposable income in emerging economies combined with rapid urbanization has led to a demand for aesthetically pleasing infrastructure and decorative coatings. Key players across the globe are also focusing on investments in untapped regions which is expected to benefit the overall market growth over the forecast period. Moreover, increasing number of environmentally friendly regulations by government agencies have led to industries opting for coatings containing low intensity volatile organic compounds, as a result of rising health concerns among the global population such as cancer risk and respiratory illnesses. Environmental policies have driven manufacturers to produce ecofriendly products that will not have a harsh impact on the environment and public health. Such regulations are facilitating the growth of the global acrylic coatings market.
Although, there are some limitations to waterborne coatings with regards to the weather at the time of application, and have a moderate scope of affecting the market growth. For instance, in extremely humid conditions (over 90% humidity), acrylic coatings may take longer to dry.
Market Outlook
Asia Pacific has accounted for the highest market share in the past few years, and the trend is likely to continue over the forecast period owing to an industrial boom in the region. Rapidly expanding end use industries such as automotive, construction, and metal in emerging economies such as China and India are contributing to the demand for acrylic coatings in Asia Pacific. Furthermore, the growing gross domestic product and disposable income of the population in this region is expected to benefit the market growth in the upcoming years. Europe is expected to be the second largest market for acrylic coatings, and is likely to witness significant growth, particularly in the wood substrate acrylic coating segment. The North America market is expected to grow at a steady rate following the economic slump in 2009. Other regions such as Latin America and Africa are also projected to contribute to the market share as a result of increasing urbanization and industrialization in the regions.
Key Players
Some of the prominent players in the global acrylic coatings market are Nippon Shokubai, Asian Paints India, Berkshire Hathaway, Azkonobel, Berger Paints India, and BASF SE among others.
Key Developments
Various players in acrylic coatings market are engaged in developing organic or inorganic growth strategies such as merger, acquisitions, joint venture, plant expansion and new product launch, in order to strengthen their global position. For instance,
· In February 2016, BASF, one of the leading chemical producer launched AQAcell® HIDE 6299 and Acronal® 7079, polymer dispersion products. Acronal® 7079 is an acrylic polymer dispersions in India. It creates water barrier property and helps prevent formation of cracks. It is ideal for clean and durable elastomeric wall coating and is excellent in dirt pickup resistance.
· In July 2016, CIN, operates in paint and varnish market, launched water-based acrylic coating, C-CRYL W680 MATT, for protecting structural elements in concrete and cementitious mortars such as viaducts and bridges.
· In May 2017, Berger Paints India Ltd., acquired 51% stake of Saboo-Hesse Wood Coatings Pvt. Ltd., that sells acrylic wooden coatings.
· In November 2018, Inland Coatings Holdings, provider of coatings, acquired TRUCO Inc., the manufacturer of acrylic roof coatings and elastomeric rubber.
· In April 2018, Sherwin-Williams, manufacturer of paints and coatings, launched Loxon Self-Cleaning acrylic coating, designed for exterior, above-grade masonry to provide attractive and clean look with high performance protection.
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Cool Roof Coating Market Industry Analysis, Size
Global Cool Roof Coating Market: Snapshot
Cool roof coatings have turned into a remarkable advancement in the development segment because of their utility in both upgrading the solace of structure and diminishing the carbon dioxide outflows required by the structure. The cool roof coating market is probably going to ride the influx of environmentalism in the coming years, as arrangements that lessen the natural effect of a structure are probably going to wind up famous in the coming a very long time among different socioeconomics. Since cool roof coatings limit the measure of sun radiation consumed by the rooftop, it lessens the requirement for HVAC hardware so as to keep up the temperature inside the structure. This additionally prompts noteworthy budgetary reserve funds in power consumption, which makes it doubly advantageous for the client. This is probably going to be the prime driver for the global cool roof coatings showcase in the coming years.
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The regions to Gain Maximum from the Growth of Global Cool Roof Coatings Market
North America: North America is probably going to be the key provincial player in the global cool roof coatings market in the coming future because of the relentless government backing to ecological activities in the area. The far reaching mass mindfulness about the significance of such apparently little developments in adding to the aggregate with respect to natural preservation is additionally prone to be essential for the cool rooftop covering market in North America.
Asia Pacific: Driven by a relentless ascent in unique economies, for example, India, China, and especially Japan, Asia Pacific has made fast walks in the global cool roof coatings market over the most recent couple of years. An expanding number of Asia Pacific countries are probably going to authorize green construction standards in the coming years, which will probably be a key driver for the cool roof coatings market in the area.
Cool roof coatings have become a notable innovation in the construction sector due to their utility in both enhancing the comfort of the occupants of the building and helping reduce the carbon dioxide emissions necessitated by the building. The global cool roof coatings market is likely to ride the wave of environmentalism in the coming years, as solutions that reduce the environmental impact of a building are likely to become popular in the coming years among various demographics.
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Since cool roof coatings minimize the amount of solar radiation absorbed by the roof, it reduces the need for HVAC equipment in order to maintain the temperature within the building. This also leads to significant financial savings in power expenditure, which makes it doubly convenient for the customer. This is likely to be the prime driver for the global cool roof coatings market in the coming years.
North America and Europe are likely to be the key regional players in the global cool roof coatings market in the coming years due to the steady government support to environmental initiatives in these regions. The widespread mass awareness about the importance of such seemingly small innovations in contributing to the collective regarding environmental conservation is also likely to be crucial for the cool roof coating market in North America and Europe.
Nevertheless, driven by a steady rise in demand in dynamic economies such as India, China, and particularly Japan, Asia Pacific has made rapid strides in the global cool roof coatings market in the last few years and is likely to emerge as a key regional player in the global cool roof coatings market. An increasing number of Asia Pacific nations are likely to enact green building codes in the coming years, which will likely be a key driver for the cool roof coatings market in the region.
Global Cool Roof Coating Market: Overview
The worldwide cool roof coating market is prognosticated to ride on the multiple benefits offered by various cool roof products such as infrared (IR) reflective, elastomeric, steep-sloped, and slow-sloped. A cool roof is able to bring down the surface temperature by approximately 50 degrees as it absorbs lesser sunlight than a regular roofing system. This not only extends the lifespan of the roof but also helps in paring down carbon dioxide emissions that are produced with the use of cooling or heating systems. Apart from benefiting the environment by cutting back energy usage and greenhouses gases, cool roof coating can refine the non-climate-controlled areas of a residential property such as an enclosed porch or a garage.
The global cool roof coating market can be segmented according to parameters such as end use, application, and product. The customizable report offered by TMR Research provides important figures related to the revenue and volume estimates of each segment for different forecast years between 2017 and 2025.
The authors of this report have procured the most vital findings about the global cool roof coating market in connection with the competitive landscape, drivers and restraints, opportunities, and growth prospects.
Global Cool Roof Coating Market: Trends and Opportunities
Cool coating for roofs is regarded as one of the intelligent techniques of inviting coolness, especially during the hotter climates of the Middle East and Africa, few Asia Pacific countries such as India, and Brazil. The adoption of government standards pertaining to nominal energy consumption in the form of building codes has triggered the progress of the world cool roof coating market. The cool coating technology is one of the effective efforts taken worldwide for controlling the consumption of energy in both commercial and residential sectors. This has also resulted in the regulation of carbon emission. The global market has gained support from different government regulations that require the implementation of cool coating technology. The trend of cautious consumers coupled with a noticeable rise in the cost of air conditioning systems has propelled the demand in the market.
Global Cool Roof Coating Market: Regional Outlook
Thanks to the lower penetration degree in Asia Pacific, the region is pin-pointed by the analysts to exhibit a possible substantial growth in the world cool roof coating market during the forecast period. The enlargement of Asia Pacific is foreseen to rise on the foundation of green building codes that uphold the cool roofing technology. Initially, only Japan had the curiosity to follow the distinct initiatives and guideposts crafted by the government for the adoption of cool roofing technology. However, various other emerging nations such as India, China, and Australia have stepped in of late. This is anticipated to set in motion the regional growth of Asia Pacific.
North America, on the other hand, could look comparatively promising as it marked a higher share in the recent past and is predicted to showcase its sovereignty between the forecast years. The region could see a successful penetration in the global cool roof coating market on the back of the heightening awareness among consumers about building energy consumption. Additionally, the precocious effectuation of building codes has pushed the penetration of North America furthermore.
The European Cool Roof Council (ECRC) came into existence after the establishment of the Cool Roof Rating Council (CRRC) in the U.S. Functioning on somewhat similar lines of the CRRC, the ECRC has taken strides to curb carbon footprints.
Global Cool Roof Coating Market: Companies Mentioned
With a view to ensure a consistent survival in the oligopolistic cool roof coating market, few of the dominant companies in the industry have taken to product innovation as a decisive strategy. For instance, a special class of IR reflective enamels has been launched by KST Coatings for concrete surfaces. Dow Chemicals has considered the atmosphere of the Middle East to come up with a product that flaunts an exclusive group of cool colors. Besides these, Excel Coatings, GAF Materials, Monarch Industries, Nutech Paints, Nippon Paints, Sika Sarnafil, and Valspar have articulated their presence in the global market.
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Expandable Microspheres Market Report by Regions, Type , Forecast to 2020 With Players : Sekisui, Kureha & kcd GmbH
In this report research offers a comprehensive analysis of key market trends in the global Expandable Microspheres market. It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. The report extensively provides quantitative analysis of the industry from 2014-2026,by Region, Type, Application. Consumption assessment by application, production by type in different regions. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. The market size in terms of revenue (USD) and production is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints). The worldwide market for Expandable Microspheresmarket will reach xxx Million USD in 2020 and is expected to grow at a CAGR of xx% 2021-2026.
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Geographically, global Expandable Microspheres market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
· Sekisui
· Akzonobel
· Kureha
· Dainichiseika Color & Chemicals
· Kaneka Corp.
· Chase Corporation
· Hunan Farida Technology Co., Ltd.
· kcd GmbH
· Tramaco GmbH
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
· Type I
· Type II
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Expandable Microspheres for each application, including
· Automotive
· Food Packaging
· Printing Inks
· Shoe Soles
· Elastomeric Cool-Roof Coatings
Production, consumption, revenue, market share and growth rate are the key targets for Expandable Microspheres from 2014 to 2026 (forecast) in these regions
· China
· USA
· Europe
· Japan
· Korea
· India
· Southeast Asia
· South America
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Roof Coatings Market Shows Outlook and Analysis by Manufacturers with Regions also includes Type and Application, Forecast and Industrial Analysis to 2027
Industry Overview of the Roof Coatings Market
The Global Roof Coatings Market is witnessing a remarkable growth owing to an increase in the demands for the products and a tremendous shift in consumer preferences. The high demand is concentrated in the European and North American countries. The report on Global Roof Coatings Market offers a comprehensive analysis of the recent advancements in the Roof Coatings industry and trends driving the growth of the market. The industry is expected to grow at a rate of 2.8 % CAGR during the forecast period from 2020-2027. The report offers the segmentation of the market on the basis of types, applications, and regions. The report is updated with the latest trends and economic scenario owing to the COVID-19 pandemic. The impact analysis of the pandemic is described in the report. A comprehensive analysis of the present and future impact of COVID-19 on the market, along with a post-COVID-19 scenario, is included in the report.
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On the basis of regional analysis, the market is segmented into key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. According to the analysis, North America is expected to dominate the market with the highest market share. Asia-Pacific is anticipated to show a significant growth rate owing to rising development and population demands.
The market is further segmented on the basis of types:
Elastomeric
Bituminous
Acrylic
Epoxy
Silicone
Others
On the basis of application:
Commercial
Residential
Industrial
Others
Some of the key players operating in the Roof Coatings market include:
Sherwin-Williams, PPG Industries, Valspar Corporation, AkzoNobel NV, RPM International Inc., Nippon Paint Co. Ltd., The Dow Chemical Company, BASF SE, Fletcher Insulation, Hempel A/S, Owens Corning, Lloyd Insulations, GAF, and Heritage Roofing, among others.
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Beneficial Aspects of the Report:
· Global and region forecast of the Roof Coatings market from 2020-2027
· In-depth analysis of market dynamics, industry outlook, market size based on types and applications
· Details of value chain analysis, supply and demand ratio, production and consumption patterns
· SWOT Analysis, Porter’s Five Forces Analysis, Feasibility Analysis, and Investment Return Analysis to provide a better understanding of the market and competitive players
· Detailed insights on competitive landscape and emerging market trends
Research Methodology:
The market report is formulated on the basis of data obtained through extensive primary and secondary research. The data is further validated and verified by industry experts, research analysts, and professionals. The report considers regional demand and supply ratio, investments, market dynamics, capacity, end-use industry trends, and consumer behavior to generate a forecast report. The data is collected from verified sources such as government policies, regulatory published materials, journals, trade magazines, and verified data sources. The report uses advanced analytical tools such as SWOT Analysis, Porter’s Five Forces Analysis, Feasibility Analysis, and Investment Return Analysis to provide an accurate insight into the market scenario and competitive landscape. This report provides beneficial information to companies and new players to make lucrative business decisions. The market estimates and forecast data have been thoroughly verified through exhaustive primary research.
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Polymer Modified Bitumen Market Size 2020 With Impact of domestic and global market Top players, Industry Outlook | In-depth Analysis Business Opportunities and Demand Forecast to 2025
Polymer Modified Bitumen Market Research Report (2020-2025) Provides In-Depth Analysis by Scope, Growth Rate, Driving Factors, Competitive Situation, Top Manufacturers and Upcoming Trends. Polymer Modified Bitumen Market report split global into several key Regions which mainly includes Market Overview, Table of Content, List of Figures and Applications. Polymer Modified Bitumen Market Growing at Higher CAGR Rate of XX% between (2020-2025).
Summery:-
The global Polymer Modified Bitumen Market size is expected to value at USD 13.34 billion by 2022. The market is subject to witness a substantial growth due to the growing demand from various end-user industries such as building & construction industry and roofing industry, and increasing use as adhesive and coatings.
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The key driving factors responsible for the growth of Polymer Modified Bitumen market :
Shifting trend towards polymer-modified bitumen over conventional form of bitumen for asphalt overlay due to its advanced set of properties and minimum maintenance cost are anticipated to foster the growth of polymer modified bitumen industry. Globally, the polymer modified bitumen market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.
In addition, variation in changing climatic conditions coupled with heavy traffic hampers bitumen roads adversely, thus leading to cracks and rutting. Thus, increasing demand for polymer modified bitumen to comprehend such as factors are propelling market growth over the next seven years. Use of polymer-modified bitumen reduces the investment required for road maintenance every year. However, higher initial investment is one of the key challenges for market growth, in the recent years. Yet, polymer modified bitumen is highly cost-efficient, thus positively affecting market growth over the next seven years.
The polymer modified bitumen industry is broadly categorized into two major segments based on the product type such as thermoplastic elastomers and plastomers. The thermoplastic elastomers is considered as one of the fastest growing segment in the polymer modified bitumen market with substantial revenue generation in the last few years. Growing popularity of the thermoplastic elastomers segment is attributed to the increasing use as elastomeric materials and superior properties such as improved ageing resistance, low temperature flexibility and resistance to permanent deformation. The plastomers segment has also witnessed substantial growth.
The polymer modified bitumen industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction sector, substantial growth in green roofing industry, and existence of well-established manufacturing infrastructure in the region.
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Table of Contents:-
• Polymer Modified Bitumen Market Overview
• Polymer Modified Bitumen Market Competition by Manufacturers
• Polymer Modified Bitumen Market Production, Revenue (Value) by Region (2014-2025)
• Polymer Modified Bitumen Market Supply (Production), Consumption, Export, Import by Regions (2014-2025)
• Polymer Modified Bitumen Market Production, Revenue (Value), Price Trend by Type
• Polymer Modified Bitumen Market Analysis by Application
• Polymer Modified Bitumen Market Manufacturers Profiles/Analysis
• Polymer Modified Bitumen Market Manufacturing Cost Analysis
• Polymer Modified Bitumen Market Industrial Chain, Sourcing Strategy and Downstream Buyers
• Polymer Modified Bitumen Market Marketing Strategy Analysis, Distributors/Traders
• Polymer Modified Bitumen Market Effect Factors Analysis
• Polymer Modified Bitumen Market Research Findings and Conclusion
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Liquid Roofing Market Revenue - Size, Trends, Share, Upcoming Overview and Outlook 2025
Segmentation:
Global Liquid Roofing Market Revenue has been segmented based on Type, Roof Type and Application.
By Type, Global Liquid Roofing Market has been segmented into polyurethane coatings, acrylic coatings, PU/acrylic hybrids, silicone, bituminous, EPDM polymers, modified silane polymers, cementitious membrane, elastomeric membranes, and epoxy coatings.
By Roof Type, Global Liquid Roofing Market has been segmented into flat roofs, new builds, pitched roofs, domed roofs, warm roofs, green roofs, and others.
By Application, Global Liquid Roofing Market has been segmented into residential buildings, industrial facilities, commercial buildings, and public infrastructure.
Competitive Landscape:
Kemper System Inc. (US), BASF SE (Germany), PARKER HANNIFIN CORP (US), Indium Corporation (US), Akzo Nobel N.V. (Netherlands), ALT Global, LLC (US), KRATON CORPORATION (US), Johns Manville (US), The DowDuPont Inc. (US), Sika AG (Switzerland), Saint-Gobain (US), and 3M (US) are the key players in the Global Liquid Roofing Market.
Market Outlook:
Liquid Roofing has emerged as novel technology at the forefront of the waterproofing technology. Liquid Roofing refers to the application of high-technology waterproof coating systems to roof substrates. They are economical, sustainable, durable, flexible, green, and easy to maintain due to which they have gained paramount importance in the construction industry. As per the analysis of Market Research Future (MRFR), the Global Liquid Roofing Market is expected to showcase striking growth over the forecast period of 2017-2023.
The Liquid Roofing Market is driven by rising interest in cool roofing aimed at energy efficiency and growing use of Liquid Roofing in various end-use industries. Fast track industrialization, as well as urbanization across the globe, is fostering the growth of the Global Liquid Roofing Market.
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Growth in the Global Liquid Roofing Market is driven by expansion in both commercials as well as residential construction sector as well as by rising acceptance of Liquid Roofing among consumers due to its robust performance. Liquid roofing is associated with longer lasting roofs, lower lifetime cost and offers more value to the customer. Elevating life-cycle cost awareness bodes well for market growth. Moreover, the general economic environment supports continued growth in Liquid Roofing Demand.
Continued adoption of Liquid Roofing due to environmentally friendly aspects is a significant growth driver. Green initiatives encourage the adoption of Liquid Roofing since it has low volatile organic components (VOC) content which complies with regulatory standards. Moreover, sustainable energy efficiency requirements laid down by regulatory bodies such as the EPA and the REACH regulations by the EU promote the use of Liquid Roofing.
Development of eco-cities across the globe is likely to augment the growth of the Global Liquid Roofing Market. In addition, Liquid roofing is likely to gain share in the commercial roofing space due to increasing industry interest in 'green' building concepts.
Liquid Roofing is the fastest growing area of the Flat Roofing Market. The rise in disposable income has led to the sophistication of the low- and middle-income demographic who have an increased propensity to invest in refurbishment or new building projects. Moreover, growing awareness regarding the advantages associated with Liquid Roofing is likely to drive demand within the Liquid Roofing Market.
Regional Analysis:
By Region, Global Liquid Roofing Market has been segmented into North America, Latin America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).
APAC dominated the Global Liquid Roofing Market on account of increasing infrastructural activities in the region which generates huge demand for liquid roofing. Growing investment in state-development programs in emerging economies if the region such as India, China, and Indonesia contribute significantly to market growth.
North America is the second largest market for Liquid Roofing. The flourishing construction industry in the region and an increase in renovation activities is auguring the growth of the market.
Rebound in constructional activities is estimated to support the growth of the Europe market while the Latin America market will be driven by rapid development of emerging economies such as Argentina, Brazil, and Chile.
The MEA market is expected to exhibit substantial growth due to growing constructional and infrastructural activities in the region.
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Cool Roof Coating Market Share 2020- Growth, Forecast, Regulations and Competitive Landscape Outlook to 2024
Market Overview
The Global Cool Roof Coatings Market has been segmented on the basis of product type, roof slope, application, and region.
By product type, the Global Cool Roof Coatings Market Share has been classified into elastomeric and IR reflective. Among these, the elastomeric segment accounted for the largest market share and was the fastest growing segment in 2018. The segment is expected to maintain its dominance during the review period, owing to the relatively low cost of production as compared to the other materials. Additionally, the application of the elastomeric cool roof coating is easy and less labor intensive, which is also expected to contribute to the growth of the elastomeric segment during the forecast period.
On the basis of roof type, the global cool roof coatings market has been classified into low-sloped roof, steep-sloped roof, and others. The low-sloped roof is the most commonly used type of roofing in the industrial buildings as it prevents water collection on the roof during the rainy seasons and is also proved to be ideal for industrial buildings. Hence, the use of high-performance cool coatings on a low-sloped roof appears to be highly beneficial in buildings. The segment is expected to grow at a significant rate during the forecast period.
Based on application, the global cool roof coatings market has been divided into residential, commercial, and industrial. The industrial segment held the largest share and was the fastest growing segment in 2018, due to the increasing use of cool roof coatings in industrial buildings. The adoption of cool roof coatings in industrial buildings is high in North America. The adoption of new technologies to execute thermal management in buildings was witnessed largely in the US & Canada in 2018. The emerging economies of Asia-Pacific are also responsible for the growth of the industrial segment due to growing urbanization and environmental awareness in this region. Countries such as India and China are adopting cool roof coating, particularly in industries to save energy and enable thermal management in the buildings. The segment is projected to continue its growth during the review period.
Market Players:
Some of the key players operating in the global cool roof coatings market are BASF SE (Germany), Akzo Nobel NV (Netherlands), RPM International Inc. (US), The Sherwin-Williams Company (US), Hempel A/S (Denmark), The Dow Chemical Company (US), Wacker Chemie AG (Germany), Sika AG (Switzerland), Nippon Paint Holdings Co., Ltd (Japan), Valspar (US), Nutech Paints (US), GAF (US), Monarch Industries Ltd (Canada), and Excel Coatings (India).
Regional Analysis:
The global cool roof coatings market has been spanned across five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America held the largest share of the global cool roof coatings market in 2018 and is projected to continue the trend during the forecast period. Asia-Pacific held the second-largest share and was the fastest growing regional market in 2018, owing to the growing use of cool roof coatings in the industrial buildings. The European market is expected to witness considerable growth, and the Latin American market is expected to record moderate growth during the forecast period. The Middle East & African market is projected to witness sluggish growth during the review period.
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Roof Coatings Market Recent Trends with Demand 2026
The Global Roof Coatings Market report draws accurate insights by examining the latest and prospective industry trends, helping the readers recognize the products and services that are boosting revenue growth and profitability. The study performs a detailed analysis of all the significant factors impacting the market on a global and regional scale, including drivers, constraints, threats, challenges, prospects, and industry-specific trends. Additionally, the report cites worldwide certainties and endorsements, along with a downstream and upstream evaluation of leading participants.
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The market intelligence report offers a clear sense of different consumer groups and their needs to help product owners meet the requirements and generate riches and profitability. Apart from this, the report aims at outlining whom the business owners operating in the Roof Coatings market should not target and also what are the main alternatives and competitive offerings are. Defining the major challenges and problems remains the key focus of the study. Problem definition covered in the report provides a systematic approach to recent investments and makes product marketing both easier and effective.
Companies considered and profiled in this market study;
Sherwin-Williams, PPG Industries, Valspar Corporation, AkzoNobel NV, RPM International Inc., Nippon Paint Co. Ltd., The Dow Chemical Company, BASF SE, Fletcher Insulation, Hempel A/S, Owens Corning, Lloyd Insulations, GAF, and Heritage Roofing, among others.
For the purpose of this study, Reports and Data have segmented the market on the basis of Product, Material, Application, Battery Type, and region:
Resin type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Elastomeric
Bituminous
Acrylic
Epoxy
Silicone
Others
Roof Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Flat
Low-sloped
Steep-sloped
Others
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Regional Outlook (Revenue, USD Billion; 2016-2026)
North America
Europe
Asia Pacific
Latin America
There are chapters to cover the vital aspects of the Global Roof Coatings Market.
Chapter 1 covers the Roof Coatings Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2 talks about the top manufacturers and analyses their sales, revenue and pricing decisions for the duration 2018 and 2019;
Chapter 3 displays the competitive nature of the market by discussing the competition among the top manufacturers. It dissects the market using sales, revenue and market share data for 2016 and 2017;
Chapter 4, shows the global market by regions and the proportionate size of each market region based on sales, revenue and market share of Roof Coatings, for the period 2019- 2026;
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Roof Coatings Market Size, Share, Growth, Trends, Opportunities And Forecast To 2026
The latest research report on the Roof Coatings market for the forecast period, 2020 – 2026 is involved in screening the business environment and the companies operating in the Roof Coatings industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of the total revenue generated as well as the output/volume produced year after year.
Leading players of Roof Coatings including:
Sherwin-Williams, PPG Industries, Valspar Corporation, AkzoNobel NV, RPM International Inc., Nippon Paint Co. Ltd., The Dow Chemical Company, BASF SE, Fletcher Insulation, Hempel A/S, Owens Corning, Lloyd Insulations, GAF, and Heritage Roofing, among others.
The study has been conducted on the basis of inputs from the industry leaders. Thus, a conscious effort to dive deep and unearth hard to find information pertaining to the growing market landscape and growth prospects over the next few years is clearly visible in the study. The market intelligence report further comprises of discussions about the major vendors operating in the Roof Coatings space
Resin type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
· Elastomeric
· Bituminous
· Acrylic
· Epoxy
· Silicone
· Others
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Roof Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
· Flat
· Low-sloped
· Steep-sloped
· Others
Technology Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
· Water-based
· Solvent-based
· Others
Substrate Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
· Metal
· Asphalt
· Membrane
· Concrete
· Plastic
· Others
Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
· Commercial
· Residential
· Industrial
· Others
Dealing with the competition and competitors
Subject matter experts conducting the study also take a closer look at the products at their development stage and in the pipeline to help business owners conclude on the business strategies that can lower their cost and promise great returns or profits. Strong emphasis on new launches, acquisition and mergers, collaboration, import and export status and supply chain management empowers the business evangelists, manufacturers and business owners build a robust strategy when it comes to making an investment.
Scope of the Report:
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Roof Coatings market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
Market segment by Regions/Countries, this report covers
· �� United States
· EU
· Japan
· China
· India
· Southeast Asia
Attracting the target audience
First, the comprehensive report finds out why customers need a certain product or service. The study focuses on what problems a certain product and service can solve. Apart from target demographics industry experts weigh up on the factors including audience type, as well as others vital attributes about the target customer segment.
The research provides answers to the following key questions:
· What will be the growth rate and the market size of the Roof Coatings industry for the forecast period 2019-2026?
· What are the major driving forces expected to impact the development of the Roof Coatings market across different regions?
· Who are the major driving forces expected to decide the fate of the industry worldwide?
· Who are the prominent market players making a mark in the Roof Coatings market with their winning strategies?
· Which industry trends are likely to shape the future of the industry during the forecast period 2019-2026?
· What are the key barriers and threats believed to hinder the development of the industry?
· What are the future opportunities in the Roof Coatings market?
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Caulk Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2023
27 December 2019 - The Global Caulk Market is expected to display higher growth rate over the upcoming years. Rapid surge in the market is credited to the rising demand from building & construction industry and several industrial applications. Additionally, soaring demand for durable adhesive & sealants is expected to drive the growth of the market over the forecast period. Globally, market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of caulk market.
In addition, rising number of repair activities involving fenestration and roofing, transportation, and DIY applications is anticipated to foster the growth of caulk market over the coming years. However, rising environmental concerns such as regarding excessive emission of volatile organic compounds (VOCs) is expected to restrain market development to a certain extent. Moreover, rise in number of stringent laws and regulations associated with the use of caulk products is limiting market growth, particularly among developed economies across the globe.
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Yet, development of eco-friendly products coupled with increasing approval rate is estimated to amplify market demand for caulk product in the upcoming years. Several manufacturers are developing water-based caulk products to pursue certification under the U.S. Green Building Council’s LEED program. These factors are expected to expand market reach for caulk industry in the near future. Growing demand for latex caulk is attributed to its unique properties and ease of use. Latex caulk is used on porous as well as nonporous exteriors. Removal of latex caulk require only soap and water.
The caulk market is broadly categorized into seven major segments based on the product type such as siliconized acrylic, silicone polymer, butyl rubber, caulking chord, elastomeric sealant, adhesive caulk, and polyurethane. Siliconized acrylic segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of siliconized acrylic segment is attributed to the increasing product penetration and cost-effectiveness.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in manufacturing sector, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.
Asia-Pacific region is estimated to hold a major share in the caulk market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising construction activities, boom in housing sector, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the caulk market are The 3M Company, Bostik, Inc., E. I. du Pont de Nemours and Company, Franklin International, Inc., H.B. Fuller Company, Sherwin-Williams Company, Henkel AG & Company, KGaA, Dap Co., Red Devil, Inc., Sashco, Inc., General Electric Co., White Lightning Co., Gardner Coating, Inc., Liquidnails, Inc.
Market Segment:
Report contents include
• Analysis of the caulk market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles on caulk including products, sales/revenues, and market position
• Market structure, market drivers and restraints.
Key regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key vendors
• request free sample to get a complete list of companies
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Roof Coatings Market Dynamics, Types, Applications And Forecast To 2026
The latest market intelligence study on the Roof Coatings market covers the performance of both the key vendors and new entrants for the forecast period, 2019 - 2026. Estimated value, profits, gross margin, spending power and consumption volume form an important part of the study that aims at offering the business owners, stakeholders, and marketing personnel a competitive edge over others. Importantly, the study discusses a lot about, the product application, classification and performance across different regions. The industry assessment report weighs upon the top performers and also the winning strategies that have enabled them to occupy a strong foothold in the Roof Coatings market.
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Companies considered and profiled in this market study
Sherwin-Williams, PPG Industries, Valspar Corporation, AkzoNobel NV, RPM International Inc., Nippon Paint Co. Ltd., The Dow Chemical Company, BASF SE, Fletcher Insulation, Hempel A/S, Owens Corning, Lloyd Insulations, GAF, and Heritage Roofing, among others.
Scope of the Report:
The industry evaluation report offers a snapshot of the technology trends in the Roof Coatings industry for the forecast period, 2019 - 2026. Projected data on intangible aspects such an import and export status, supply chain management, distribution channel, consumption capability and production capacity are explained through resources including tables, charts, and graphic images. Analysis of both the strengths and weaknesses of the key market players help business owners understand the strategies they should avoid and endorse.
Resin type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Elastomeric
Bituminous
Acrylic
Epoxy
Silicone
Others
Roof Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Flat
Low-sloped
Steep-sloped
Others
Technology Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Water-based
Solvent-based
Others
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Substrate Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Metal
Asphalt
Membrane
Concrete
Plastic
Others
Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Commercial
Residential
Industrial
Others
Regional Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
U.S.
UK
France
China
India
Japan
Brazil
Qualitative approach to examine the industry standards, regulations and opportunities prominent vendors can bank on says a lot about the Roof Coatings market position in years to come. Researchers behind the study brings in the best of both primary and secondary research techniques in order to obtain market specific estimates for recent investments, product sales, profit and gross margin. These values that mainly based on the total revenue garnered by the product manufacturers are explained through various resources such as illustrations.
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