Asphalt Roof Coatings Market : Global Industry Analysis and Forecast (2023-2029)

Asphalt Roof Coatings Market size is expected to reach US$ 2361 Mn in year 2029, at a CAGR of 4.83% during the forecast period. The global asphalt roof coatings market research delivers a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The global asphalt roof coatings report is provided for the international markets as well as development trends, competitive landscape analysis, and key region's development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also considered. The report additionally states import/export consumption, supply and demand figures, cost, price, revenue, and gross margins.Asphalt Roof Coatings MarketTo Know About The Research Methodology :- Request Free Sample Report

Definition of Asphalt Roof Coatings:

Asphalt is a sticky, black, highly viscous liquid or semi-solid technology of petroleum that is also known as bitumen.Asphalt roof coatings are efficient at creating a waterproofing foundation and a cost-effective roofing membrane.

Asphalt Roof Coatings Market Dynamics:

The global asphalt roof coatings market is being driven by the growth in the building and construction industry, as well as a rise in demand for high-quality coating materials for asphalt roofs.Asphalt product demand is expected to increase as a result of recent infrastructure development in countries such as Australia, India, Germany, Canada, and others. Increasing demand for white cool-roof coatings or solar-reflective coatings, especially for asphalt-shingle roofs is expected to create lucrative opportunities for manufacturers of asphalt roof coatings. Asphalt roof coatings are the best solutions to protect the roof from harsh weather-condition and are cost-effective than others. It is also used to prevent heat from escaping and to prolong the life of the roofing material.Such advantages of asphalt roof coatings fuel the overall demand in the new construction and renovation, especially in the developed markets of North America and Europe.

Asphalt Roof Coatings Market Segmentation:

According to technology, the global asphalt roof coatings market is bifurcated into water-based and solvent-based. Acrylic, one form of water-based roof coating, accounts for a large segment of the industry.Acrylic coatings are being popular in the southwestern and western statesdue to their excellent low temperature flexibility and good long-term weathering resistance. By system, the market is divided into modified bitumen, built-up roof (BUR), and multi ply roof. Built-up roofing is particularly effective for large commercial properties and demand in the construction industry drives the growth of market. BUR’s finished membrane, which consists of alternating layers of bitumen and reinforcing fabrics are being excellent option for flat or low slope roofs.Built-up roofing has high resistance against fire & strong winds and is energy-efficient.

Asphalt Roof Coatings Market Regional Insights:

North America and Europe dominate the asphalt roof coatings market attributed to high demand for bitumen roof in both the regions.The USA and Canada are the largest consumers of the asphalt roof coatings in the region. Re-roofing investments and higher penetration rate are the major factors driving the growth of the market in the region. Due to a heavy reliance on other roof coatings products such as silicone coatings, elastomeric coatings, and other coatings, demand for asphalt roof coatings in Asia Pacific is expected to grow at a moderate rate during the forecast period. Due to hot climatic weather, which is not ideal for the installation of asphalt-based roofing products, the Middle East and Africa are expected to be the least attractive area of the asphalt roof coatings market in terms of use. The objective of the report is to present a comprehensive analysis of the Global Asphalt Roof Coatings Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Asphalt Roof Coatings Market dynamics, structure by analyzing the market segments and projects the Asphalt Roof Coatings Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Asphalt Roof Coatings Market make the report investor’s guide.

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Asphalt Roof Coatings Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 1697  Mn.
Forecast Period 2023 to 2029 CAGR: 4.83% Market Size in 2029: US $ 2361 Mn.
Segments Covered: by Technology • Water-Based • Solvent-Based
by System • Modified Bitumen • Built-up Roof (BUR) • Multi ply Roof

Asphalt Roof Coatings Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Key Players Operating in the Asphalt Roof Coatings Market

• Dow Corning Corporation • Henry Company • Aluminum Coatings Manufacturers • Acrymax Technologies, Inc. • BASF SE • APV Engineered Coatings • RaynGuard • Chemsol, Inc. • BariteWorld • Boral • HEIDELBERGCEMENT AG • Atlas Roofing Corporation • GAF Materials Corporation • Malarkey Roofing Products • PABCO Roofing Products • Shibam Ventures • Others Frequently Asked Questions: 1. Which region has the largest share in Global Asphalt Roof Coatings Market? Ans: Canada region held the highest share in 2022. 2. What is the growth rate of Global Asphalt Roof Coatings Market? Ans: The Global Asphalt Roof Coatings Market is growing at a CAGR of 4.83% during forecasting period 2023-2029. 3. What is scope of the Global Asphalt Roof Coatings Market report? Ans: Global Asphalt Roof Coatings Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Asphalt Roof Coatings Market? Ans: The important key players in the Global Asphalt Roof Coatings Market are – Dow Corning Corporation, Henry Company, Aluminum Coatings Manufacturers, Acrymax Technologies, Inc., BASF SE, APV Engineered Coatings, RaynGuard, Chemsol, Inc., BariteWorld, Boral, HEIDELBERGCEMENT AG, Atlas Roofing Corporation, GAF Materials Corporation, Malarkey Roofing Products, PABCO Roofing Products, Shibam Ventures, Others, 5. What is the study period of this Market? Ans: The Global Asphalt Roof Coatings Market is studied from 2022 to 2029.

Global Asphalt Roof Coatings Market

1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Asphalt Roof Coatings Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Asphalt Roof Coatings Market 3.4. Geographical Snapshot of the Asphalt Roof Coatings Market, By Manufacturer share 4. Global Asphalt Roof Coatings Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Technologies 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Asphalt Roof Coatings Market 5. Supply Side and Demand Side Indicators 6. Global Asphalt Roof Coatings Market Analysis and Forecast, 2022-2029 6.1. Global Asphalt Roof Coatings Market Size & Y-o-Y Growth Analysis. 7. Global Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.1.1. Water-Based 7.1.2. Solvent-Based 7.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 7.2.1. Modified Bitumen 7.2.2. Built-up Roof (BUR) 7.2.3. Multi ply Roof 8. Global Asphalt Roof Coatings Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.1.1. Water-Based 9.1.2. Solvent-Based 9.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 9.2.1. Modified Bitumen 9.2.2. Built-up Roof (BUR) 9.2.3. Multi ply Roof 10. Italy Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 10.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 10.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 11. Spain Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 12. Sweden Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 13. CIS Countries Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 14. Rest of Europe Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 15. Asia Pacific Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 15.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 15.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 16. Asia Pacific Asphalt Roof Coatings Market Analysis and Forecasts, by Country 16.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 16.1.1. China 16.1.2. India 16.1.3. Japan 16.1.4. South Korea 16.1.5. Australia 16.1.6. ASEAN 16.1.7. Rest of Asia Pacific 17. China Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 18. India Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 19. Japan Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 20. South Korea Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 21. Australia Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 22. ASEAN Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 23. Rest of Asia Pacific Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 24. Middle East Africa Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 25. Middle East Africa Asphalt Roof Coatings Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 25.1.1. South Africa 25.1.2. GCC Countries 25.1.3. Egypt 25.1.4. Nigeria 25.1.5. Rest of ME&A 26. South Africa Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 27. GCC Countries Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 28. Egypt Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 29. Nigeria Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 30. Rest of ME&A Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30.2. Market Size (Value) Estimates & Forecast BySystem, 2022-2029 31. South America Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 32. South America Asphalt Roof Coatings Market Analysis and Forecasts, by Country 32.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 32.1.1. Brazil 32.1.2. Argentina 32.1.3. Rest of South America 33. Brazil Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 34. Argentina Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 34.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 34.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 35. Rest of South America Asphalt Roof Coatings Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By System, 2022-2029 36. Competitive Landscape 36.1. Geographic Footprint of Major Players in the Global Asphalt Roof Coatings Market 36.2. Competition Matrix 36.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 36.2.2. New Technology Launches and Technology Enhancements 36.2.3. Market Consolidation 36.2.3.1. M&A by Regions, Investment and Applications 36.2.3.2. M&A Key Players, Forward Integration and Backward Integration 36.3. Company Profile : BASF SE 36.3.1. Company Overview 36.3.2. Financial Overview 36.3.3. Geographic Footprint 36.3.4. Technology Portfolio 36.3.5. Business Strategy 36.3.6. Recent Developments 36.4. Dow Corning Corporation 36.5. Henry Company 37.6. Aluminum Coatings Manufacturers 36.7. Acrymax Technologies, Inc. 36.8. APV Engineered Coatings 36.9. RaynGuard 36.10. Chemsol, Inc. 36.11. BariteWorld 36.12. Boral 36.13. HEIDELBERGCEMENT AG 36.14. Atlas Roofing Corporation 36.15. GAF Materials Corporation 36.16. Malarkey Roofing Products 36.17. PABCO Roofing Products 36.18. Shibam Ventures 36.19. Others 37. Primary Key Insights
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