Roofing Membranes Market Size, Product Trends, Key Companies, Revenue Share Analysis, 2022–2027


The global Roofing Chemicals market size is forecast to reach USD 167.27 billion from USD 95.52 billion in 2019, exhibiting a growth rate of 7.7% through 2027

.

The global Roofing Chemicals market size is forecast to reach USD 167.27 billion from USD 95.52 billion in 2019, exhibiting a growth rate of 7.7% through 2027. The market growth is driven by the surging demand for energy-efficient buildings and the large-scale utilization of bio-based Roofing Membranes.

Roofing Membranes are witnessing high demand as they efficiently reflect the sunlight on roofs and aid in maintaining lower temperatures inside buildings. This, in turn, reduces the energy consumption for cooling residential or commercial buildings. Several industry players are focusing on expansions and new product development activities to offer environment-friendly and more energy-efficient solutions. The newly introduced Roofing Membranes offer low VOC (Volatile Organic Compound) emissions that are compliant with standards set by regulatory bodies in the European Union, such as the Restriction of Substances Directive (RoHS) and REACH.

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/3181

Further key findings from the report suggest

  • Based on type, the bituminous segment has generated a revenue of USD 25.10 billion in 2019 and is forecast to hold 36.3% of the global Roofing Membrane market share through 2027. The robust growth can be attributed to the increasing adoption of bituminous material for residential and commercial buildings. Product properties like lightweight, non-combustible, and easy-to-use material are the key factors propelling demand.
  • Based on application, Roofing Membranes is expected to contribute significantly to the Roofing Membranes market share over the forecast period due to growth in the development of prefabricated metal buildings and non-residential applications.
  • The increasing number of suppliers and manufacturers of bitumen, elastomers, and epoxy resins is likely to drive global Roofing Membrane market growth over the analysis period.

Top Companies Operating in the Global Roofing Membranes Market:

BASF SE, E. I. du Pont de Nemours, and Company, The Dow Chemical Company, Saint-Gobain S.A., 3M, Owens Corning, Eastman Chemical Company, Akzo Nobel N.V., Sika AG, and GAF Materials Corporation, among others.

Roofing Membranes Market Segmentation

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Epoxy Resin
  • Bituminous
  • Asbestos
  • Elastomers
  • Others

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Roofing Membranes
  • Membrane Roofing
  • Others

End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)

  • Residential
  • Commercial
  • Others

To know more about the report @ https://www.reportsanddata.com/report-detail/roofing-chemicals-market

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East Africa)

Frequently Asked Questions Addressed in the Report:

  • What is the estimated market revenue growth over the forecast period?
  • What are the major factors driving the global Roofing Membrane market revenue growth?
  • Which regional market is expected to account for the largest revenue share in the global Roofing Membranes markets over the forecast years?
  • Which are the leading players in the global Roofing Membrane market?
  • What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?

Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.  

Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:

Heat Resistant Alloy Market

Permethrin Market

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

LinkedIn | Twitter | Blogs | Insights