Roof Coatings Market : to Generate Huge Revenue in Near Future

1. Opportunity Analysis and Industry Forecast, 2016-2023 Roof Coatings Market Expected to Reach $1,680 Million by 2023 Global Opportunity Analysis and Industry Forecast, 2017-2023

2. Roof Coatings Market  ”The preference for roof coatings is expected to increase in Asia-Pacific, owing to the development of the construction industry. Roof coatings help to reduce the use of air conditioning systems, which in turn helps to minimize pollution and save energy. China possesses high growth potential owing to presence of giants in this industry, which in turn is anticipated to fuel the market growth.”

3. Roof Coatings Market, Overview According to a new report published by Allied Market Research, titled, Roof Coatings Market by Material, Technology, Roof Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global roof coatings market was valued at $951 million in 2016, and is expected to reach $1,680 million by 2023, registering a CAGR of 8.8% from 2017 to 2023. Asia-Pacific dominated the global market, accounting for more than one-third share in 2016. Access Full Summary at: https://www.alliedmarketresearch.com/roof-coating-market Roof coatings are used as a protective layer on the surface of buildings, which help to sustain the impact of rain, sunlight, and other physical damages. The growth of the global roof coatings market is driven by the growth in global economy. 

4. Roof Coatings Market The global roof coatings market is segmented based on material, technology, roof type, application, and geography. By material, the market is categorized into elastomeric and plastic, bituminous, tiles, metals, and others. On the basis of technology, it is bifurcated into water-based and solvent-based. According to roof type, it is fragmented into low sloped roof, steep sloped roof, and others. The applications covered in the study include residential, commercial, hospitality, healthcare and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

5. Roof Coatings Market Snapshot In 2016, the commercial segment accounted for a significant share of the global market. The commercial and residential segments are anticipated to be the top investment pockets, owing to rise in construction activities, especially in the developing regions. Moreover, regulations to incorporate cool roofing in residential and commercial buildings are anticipated to drive their demand during the forecast period.  Asia-Pacific Roof Coatings Market The adoption of roof coatings in Asia-Pacific is expected to increase, owing to stable economic growth, development of the construction industry, and increase in disposable income of people. Furthermore, rise in demand for sustainable building techniques is anticipated to drive the demand for roof coatings. In addition, the incorporation of green roof coatings is expected to provide new opportunities for the market expansion.

6. Key Benefits Roof Coatings Market • The report provides an extensive analysis of the current trends and emerging estimations from 2016 to 2023 in the global roof coatings market. • Competitive intelligence of leading manufacturers & distributors of roof coatings helps to understand the competitive scenario across geographies. • Comprehensive analysis of factors that drive and restrain the market growth is provided. • Extensive analysis of the industry is conducted by following key product positioning and by monitoring the top competitors within the market framework. • The key players are profiled along with their strategies to determine the competitive outlook of the market. 

7. Roof Coatings Market North America Europe Asia-Pacific LAMEA

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