Shibuya-ku, Tokyo, Japan, Japan, May 16, 2022, 05:40 /Comserve / -- According to Market Research Future (MRFR) Analysis, the Global Liquid Roofing Market is projected to register a CAGR of 7.27% to reach USD 11,295.9 Million by the end of 2031.

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Global Liquid Roofing Market  Research Report—Forecast till 2031, According to Market Research Future (MRFR) Analysis, the Global Liquid Roofing Market is projected to register a CAGR of 7.27% to reach USD 11,295.9 Million by the end of 2027. Liquid roofing provides cordial protection to the roof surface with the help of polymer coating materials that act as an additional layer to the original substrate, which differs according to end-use requirements. The main substrates used for non-residential areas liquid roofing are asphalt, bismuth, metal, and asbestos. Whereas concrete and felt are majorly used for the residential ambulance. Additionally, the liquid proofing resists hail, wind uplift, and water leakage.

Global Liquid Roofing Market is anticipated to register healthy market growth owing to the increasing requirement for functional and cost-efficient roofing systems and a rise in the consumption of a 2K polyurethane liquid roofing system. Additionally, the increasing demand for eco-friendly and solvent-free coating is expected to propel the global market growth during the review period.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Liquid Roofing Market-Global Industry Analysis, Size, Share, Growth, Trends, and Forecast-2031

Market Segmentation

Global Liquid Roofing Market has been classified based on Type, Application, End-Use, and Region.

In terms of type segment, the global liquid roofing market has been divided into polyurethane coating, acrylic coating, polyurethane/acrylic hybrid coating, silicone coating, bituminous coating, elastomeric coating, epoxy coating, and others. The acrylic coating segment is expected to lead the market with the highest CAGR of 8.31% during the review period.

Based on application type, the global liquid roofing market has been classified into a flat roof, pitched roof, domed roof, and others. The flat roof segment accounted for USD 3,018.5 million in 2019 and is anticipated to register a CAGR of 7.89% during the review period.

Regional Analysis

Geographically, the Liquid Roofing Market has been studied across five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific held the largest market share in 2019 and is expected to surpass a value of USD 5,379.4 million by the end of 2027. The regional market growth is driven by the rising urbanization and growing industrialization in the emerging economies of Asia-Pacific. The growing markets in China, Japan, and countries in South East Asia are also fuelling the growth of the market during the review. Furthermore, China exhibits the dominating producer and consumer of liquid roofing in Asia-Pacific, owing to more than 40% value share of the regional market in 2019.

Key Players

Key Players operating in the Global Liquid Roofing Market include Sika AG (Switzerland), BASF SE (Germany), Dow Inc. (US), 3M (US), Saint-Gobain SA (France), Henkel Corporation (Germany), Akzo Nobel NV (Netherlands), Kraton Corporation (US), GAF Materials (US), ALT Global, LLC (US), Kemper System America, Inc. (the US), Johns Manville (US), National Coatings Corporation (US), and Maris Polymers SA (Greece).

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Liquid Roofing Market-Global Industry Analysis, Size, Share, Growth, Trends, and Forecast-2031

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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