Roofing Chemicals Market - 47% of Growth to Originate from APAC| Driven by Growing Need for Thermal Management in Buildings|Technavio

2022-05-14 22:57:56 By : Mr. Flank Ye

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NEW YORK , April 18, 2022 /PRNewswire/ -- The "Roofing Chemicals Market by Product (Asphalt, Acrylic resin, Epoxy resin, Elastomer, and Others) and Geography (APAC, North America , Europe , South America , and the Middle East and Africa ) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 47% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for roofing chemicals in APAC. Market growth in this region will be faster than the growth of the market in other regions. The growing building and construction industry, rapid industrialization, urbanization, and the increasing population will facilitate the roofing chemicals market growth in APAC over the forecast period.

The potential growth difference for the roofing chemicals market between 2021 and 2026 is USD 50.63 billion . To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

To learn about additional key drivers, trends, and challenges-Download our FREE Sample Report right now!

The roofing chemicals market report is segmented by Product (Asphalt, Acrylic resin, Epoxy resin, Elastomer, and Others) and Geography (APAC, North America , Europe , South America , and the Middle East and Africa ).  

The roofing chemicals market share growth in the asphalt segment will be significant for revenue generation. The growth is attributed to the wide application of asphalt/bituminous as a construction material in road construction, asphalt concrete, and waterproofing products. Bituminous roofing offers longevity-centric options when used on flat roofs as it is tear-resistant, waterproof, energy-efficient, flexible, and easy to repair and maintain. 

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The roofing chemicals market is concentrated and the vendors are deploying growth strategies such as joint ventures, M&A, and partnerships to compete in the market.

Accelerate at a CAGR of 7.57%

Leading companies, competitive strategies, consumer engagement scope

Akzo Nobel NV, 3M Corp., Atlas Roofing Corp., BASF SE, Berkshire Hathaway Inc., CICO Group, Compagnie de Saint Gobain SA, DuPont de Nemours Inc., Eastman Chemical Co., GAF Materials LLC, Henry Co., Industrial Foams Pvt. Ltd., LafargeHolcim Ltd., National Coatings Corp., NovaTuff Coatings, Owens Corning, PPG Industries Inc., Sika AG, SOPREMA SAS, and The Dow Chemical Co.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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