Quick Summary:
In a rapidly evolving construction industry, staying informed on market trends is critical for strategic decision-making. Our latest report on the Global Roofing Chemicals Market offers an in-depth view into a sector expected to reach a staggering $181.5 billion by 2030. The report moves beyond the glance of common knowledge, with focused perspectives on segments such as Asphalt, projected to record a 6.2% CAGR and reach $76.1 billion by the end of the analysis period.
Delving into regional markets, detailed insights are provided on areas notably including the U.S. and China. Estimated at $32 billion in 2022, the U.S. market is reported alongside China's anticipated market growth, forecasted to reach $43.1 billion by 2030. Continuing the global journey, the report extends to other significant markets such as in Europe, with Germany predicted to grow at approximately 2.6% CAGR. Plus, discover the competitive milieu with features on 44 prominent industry players, arming you with comprehensive insights for your strategic planning.
Global Roofing Chemicals Market to Reach $181.5 Billion by 2030
The global market for Roofing Chemicals estimated at US$118.9 Billion in the year 2022, is projected to reach a revised size of US$181.5 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030. Asphalt, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$76.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Acrylic Resins segment is readjusted to a revised 5.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $32 Billion, While China is Forecast to Grow at 9.5% CAGR
The Roofing Chemicals market in the U.S. is estimated at US$32 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$43.1 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.Select Competitors (Total 44 Featured) -
- 3M Company
- Akzo Nobel NV
- ALCHIMICA S.A.
- BASF SE
- Carlisle Companies, Inc.
- Compagnie De Saint-Gobain SA
- Dow, Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Evonik Industries AG
- Exxon Mobil Corporation
- Firestone Building Products Company
- GAF Materials LLC (GAF)
- H.B. Fuller Company
- Johns Manville Corporation
- Maris Polymers SA
- Mitsubishi Chemical Corporation
- National Coatings Corporation
- Neville Chemical Company
- Owens Corning
- Paramelt BV
- Pidilite Industries Ltd.
- Polygel Industries Pvt. Ltd.
- Sika AG
- Solvay SA
- Toray Industries, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Roofing Chemicals?
What is the growth rate of the Global Market for Roofing Chemicals?
What is the forecasted size of the Global Market for Roofing Chemicals?
Who are the key companies in the Global Market for Roofing Chemicals?
| Report Attribute | Details |
|---|---|
| No. of Pages | 293 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 118.9 Billion |
| Forecasted Market Value ( USD | $ 181.5 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Company
- Akzo Nobel NV
- ALCHIMICA S.A.
- BASF SE
- Carlisle Companies, Inc.
- Compagnie De Saint-Gobain SA
- Dow, Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Evonik Industries AG
- Exxon Mobil Corporation
- Firestone Building Products Company
- GAF Materials LLC (GAF)
- H.B. Fuller Company
- Johns Manville Corporation
- Maris Polymers SA
- Mitsubishi Chemical Corporation
- National Coatings Corporation
- Neville Chemical Company
- Owens Corning
- Paramelt BV
- Pidilite Industries Ltd.
- Polygel Industries Pvt. Ltd.
- Sika AG
- Solvay SA
- Toray Industries, Inc.
