COVID-19 Liquid Roofing Market Analysis - Growth, Trends, Overview, Industry Share, Scope and Forecast 2025

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 COVID-19 Liquid Roofing Market Analysis 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.

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.

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.

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Segmentation:

Global Liquid Roofing Market 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.

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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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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Liquid Roofing Market 2018 | Technology, Applications, Growth and Region Forecast 2023

Synopsis

Liquid Roofing is the process of applying high-technology waterproof coating systems to roof substrates. Liquid Roofing is gaining importance as it is economical, sustainable, durable, flexible, green, and easy to maintain.

Rapid industrialization around the world is a major driver for the liquid roofing market due to the increasing demand for energy-efficient buildings with HVAC systems and green roofs, among other features. HVAC systems and green roofs can be an effective way to manage resources, as they are environmentally friendly as well as economical. The development of eco-cities across the globe is also likely to fuel the demand for Liquid Roofing during the forecast period. A rise in living standards, coupled with high disposable incomes, enables large-scale investments in the construction of residential buildings. Liquid roofing is known for its low volatile organic components (VOC) content and is claimed to consume less energy, thereby making buildings more energy-efficient and less reliable on air-conditioning or heating which contribute to air pollution.

Favorable government regulations such as the Clean Air Act and Clean Water Act by the US Environmental Protection Agency (EPA) and the REACH regulations by the EU are expected to further augment market growth. The development of emerging nations such as China, India, and the ASEAN countries in Asia-Pacific is expected to positively impact market growth during the forecast period. However, the high volatility of raw material prices may pose a challenge to players in the market. According to the Asian Development Bank, investments worth USD 26 trillion are required in infrastructure from 2016 to 2030 to maintain the growth momentum in the region.

Some of the recent development trends observed in the market include investments in R&D and product developments. For instance, in 2014, Sika AG invested USD 172 million in a Liquid Roofing membrane research and development center in the UK. Furthermore, in January 2018, the company developed a virtually odorless, solvent-free wet-on-wet system with rapid cure, which can be used in new build and refurbishment projects.

Segmental Analysis

The Global Liquid Roofing Market has been segmented by Type, Roof Type, Application, and Region.

On the basis of the Type, the global 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.

Liquid Roofing can be applied to various types of roofs such as flat roofs, new builds, pitched roofs, domed roofs, warm roofs, green roofs, and others.

Based on Application, the market has been segmented into residential buildings, industrial facilities, commercial buildings, and public infrastructure.

Regional Analysis

The Global Liquid Roofing Market has been analyzed with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa. The market in Asia Pacific dominated the global market in 2017 due to an increase in infrastructural activities in the region. Large-scale investments in state development programs in countries such as India, China, and Indonesia are also expected to fuel market growth. The development eco-cities, similar to Tianjin Eco-City in Singapore, is an excellent example of infrastructural growth offering opportunities to market players.

The North American market accounted for the second-largest share in 2017 due to increased demand for liquid roofing from the flourishing construction industry in the region.

The European market is likely to see considerable growth as construction activities abound in Western European countries.

The Latin American market is projected to grow at a significant rate due to the development of emerging economies such as Argentina, Brazil, and Chile.

The market in the Middle East & Africa is likely to grow substantially in light of the construction and infrastructural activities in the GCC countries.

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Liquid Roofing Market 2018 Growth, Business Analysis and Opportunities Till 2022

Market Synopsis of Liquid Roofing Market:

The Global Liquid Roofing Market has witnessed a remarkable growth over the past decade owing to its increasing demand from the residential and non-residential properties. It has been estimated that the Global Liquid Roofing Market will cross USD 7.5 billion by 2022 growing at a CAGR of approximately 7%. The cost effectiveness and changing consumer’s preference are driving this industry. Geographically, APAC is anticipated to be the leading market due to the existence of emerging economies such as China, India, Japan, and Indonesia, where the market has enormous opportunities in construction industry. Followed by this, North America and Europe will compete each other during the forecast period.

Key Players for Liquid Roofing Market:

Some of the key players in this market are DOW Chemical, BASF SE, 3M Company, ALT Global, LLC, Sika, Akzonobel, Johns Manville Corporation, Kraton Performance Polymers, GAF Materials and others.

The report for Global Liquid Roofing Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Target Audience
Manufactures of end-use industry
Raw material Suppliers
Aftermarket suppliers
Research Institute / Education Institute
Potential Investors
Key executive (CEO and COO) and strategy growth manager

Additional Information
Pricing Analysis
Macroeconomic Indicators

Geographic Analysis
Geographical analysis across 20 countries

Company Information
Profiling of 10 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies

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