The market size of liquid roofing is projected to reach USD 7.48 Billion by 2021

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MarketsandMarkets Presents

Liquid Roofing Market worth 7.48 Billion USD by
2021

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The report "Liquid Roofing Market by Type
(PU/Acrylic Hybrids, Polyurethane, Acrylic,
Bituminous, and Silicone Coatings), Application
(Residential Buildings, Commercial Buildings,
Public Infrastructure, and Industrial Facilities)
- Global Forecast to 2021", The market size of
liquid roofing is projected to reach USD 7.48
Billion, at a CAGR of 7.1. The market size is
estimated to be 3,439.3 Million square meters by
2021, registering a CAGR of 6.7 during the
forecast period. This growth is fueled by the
increasing production capacities, rising
development strategies, growing need for
energy-efficient buildings, and growing
application sectors globally.

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• 72 market data Tables
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  Silicone coatings The largest liquid roofing
market, by type Silicone coating was the largest
segment for the liquid roofing market in 2015.
The unique combination of properties of silicones
is well suited to coating applications. The
products used for silicone polymers as additives
and silicone resins as the main component or
binder. Silicone polymers are used to ease
application of paints. The surface properties of
silicones enable a paint to wet a substrate
easily and give it a smooth appearance once dry.
Silicone resins offer resistance to weathering in
paints for exterior surfaces such as bridges and
roofs of buildings. They also provide water
repellence to masonry surfaces such as stone and
brick. Residential buildings The largest market
for liquid roofing market, by application The
residential buildings industry includes both
roofing and reroofing activities. Residential
buildings include all kinds of residential
structures such as houses, town houses, cottages,
condominiums, and apartments. In residential
buildings, liquid roofing is used in various
applications including roofing and reroofing.
Rise in standard of living and growth in the
construction industry is driving the market for
residential buildings
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• Asia-Pacific The largest market for liquid
  roofing
• China, India, Japan, and Australia are some of
  the key liquid roofing markets in Asia-Pacific,
  which together accounted for nearly 38.12 of the
  overall market, in terms of volume, in 2015.
  Rising population, urbanization, and
  industrialization along with growing concerns
  related to infrastructure development and
  waterproofing in China and India are some of the
  factors that will drive the market for liquid
  roofing in Asia-Pacific during the forecast
  period. Residential construction activities in
  Asia-Pacific have increased due to the rising
  income levels, shift toward nuclear families,
  affordable interest rates, and changing
  preferences in terms of home ownership in several
  countries. Several new construction activities
  are expected to begin in the region during the
  forecast period, thus driving the liquid roofing
  market.
• Speak to Analyst http//www.marketsandmarkets.com
  /speaktoanalyst.asp?id44859685

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