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Report overview
Roofing chemicals are a range of chemicals that are used on the roof to improve its properties and performance. These chemicals impart high reflectivity and better sealing properties to rooftops, thus enabling maintenance of lower temperatures in the house and preventing leaks. Roofing chemicals also help reduce the energy consumption required to maintain low internal temperatures, thereby reducing carbon emissions.
Market Analysis and Insights: Global Roofing Chemicals Market
Due to the COVID-19 pandemic, the global Roofing Chemicals market size is estimated to be worth US$ 86670 million in 2023 and is forecast to a readjusted size of US$ 112220 million by 2030 with a CAGR of 4.4% during the forecast period 2023-2030. Fully considering the economic change by this health crisis, Acrylic Resin accounting for % of the Roofing Chemicals global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Membrane Roofing segment is altered to an % CAGR throughout this forecast period.
Our analysts have predicted that in terms of geographic regions, the market will witness considerable growth in APAC during the next few years. This is mainly due to the increasing focus of the roofing chemicals manufacturers towards enhacing their presence in the emerging countries such as China and India.
Global Roofing Chemicals Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2030. This section mentions the volume of production by region from 2018 to 2030. Pricing analysis is included in the report according to each type from the year 2018 to 2030, manufacturer from 2018 to 2023, region from 2018 to 2023, and global price from 2018 to 2030.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market experts opinions have been taken to understand the market better.
Global Roofing Chemicals Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2030. by Application segment also provides consumption during the forecast period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Segment by Application
By Company
Production by Region
Consumption by Region
