Global liquid roofing market is expected to reach USD 14.07 billion by 2031 from USD 7.96 billion in 2023 growing with a CAGR of 7.4% in the forecast period of 2024 to 2031.
Market Segmentation
Type (Bituminous Coatings, Acrylic Coatings, Elastomeric Membranes, Silicone Coatings, PU / Acrylic Hybrids, Polyurethane Coatings, Epoxy Coatings, EPDM Rubbers, and Others), Roof Type (Flat Roof, Pitched Roof, Saw Tooth, and Others), Substrate (Concrete, Composite, Metal, and Others), Installation (Reroofing and Repairs and New Construction), End-User (Residential Building, Commercial Building, Industrial Building, and Public Infrastructure), Country (U.S., Canada, and Mexico, Germany, U.K., France, Italy, Russia, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe, China, Japan, India, South Korea, Australia, Indonesia, Taiwan, Malaysia, Singapore, Thailand, Philippines, New Zealand and Rest of Asia-Pacific, Saudi Arabia, Egypt, United Arab Emirates, South Africa, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America) - Industry Trends and Forecast to 2031
Overview of Global Liquid Roofing Market Dynamics
- Drivers
- Growing demand for waterproofing solutions
- Increased focus on construction and infrastructural growth
- Restraints
- Fluctuating raw material prices for liquid roofing products
- Availability of alternative substitutes
- Opportunities
- Growing demand for green liquid roofing
- Advancements in liquid roofing technology
Market Players
Some of the major market player operating in the Global liquid roofing market are:
- RPM International Inc.
- 3M
- BASF SE
- Henkel Corporation
- Sika AG
- BMI Group Holdings UK Limited
- SOPREMA
- Saint-Gobain Weber
- Dow
- Johns Manville
- MAPEI S.p.A.
- Akzo Nobel N.V
- Henry Company
- KRATON CORPORATION
- Pidilite Industries Ltd.
- Garland Industries, Inc.
- GAF, Inc.
- H.B. Fuller Company
- Triflex (UK) Limited.
- Polyroof Products Ltd
- STP Limited
- Gaco .
- KEMPER SYSTEM
- Triton Systems.
- Liquid Roofing Systems Ltd
- ALT Global, LLC
- Restec Roofing
- Widopan Products GmbH
TABLE OF CONTENTS
1 INTRODUCTION 39
- 1.1 OBJECTIVES OF THE STUDY 39
- 1.2 MARKET DEFINITION 39
- 1.3 OVERVIEW OF GLOBAL LIQUID ROOFING MARKET 39
- 1.4 LIMITATIONS 41
- 1.5 MARKETS COVERED 41
2 MARKET SEGMENTATION 45
- 2.1 MARKETS COVERED 45
- 2.2 GEOGRAPHICAL SCOPE 46
- 2.3 YEARS CONSIDERED FOR THE STUDY 47
- 2.4 CURRENCY AND PRICING 47
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 48
- 2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 51
- 2.7 DBMR MARKET POSITION GRID 52
- 2.8 MULTIVARIATE MODELLING 53
- 2.9 MARKET TIMELINE 54
- 2.10 MARKET END-USER COVERAGE GRID 55
- 2.11 SECONDARY SOURCES 56
- 2.12 ASSUMPTIONS 56
3 EXECUTIVE SUMMARY 57
4 PREMIUM INSIGHTS 59
- 4.1 PORTER'S FIVE FORCES ANALYSIS 62
- 4.2 PESTEL ANALYSIS 63
- 4.3 RAW MATERIAL COVERAGE 64
- 4.4 IMPORT-EXPORT SCENERIO 65
- 4.5 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 68
- 4.5.1 MATERIAL SCIENCE REVOLUTION 68
- 4.5.2 APPLICATION TECHNOLOGY TRANSFORMATION 68
- 4.5.3 SUSTAINABILITY: A STRATEGIC IMPERATIVE 69
- 4.5.4 ADDITIONAL CONSIDERATIONS 69
- 4.6 PRODUCTION CONSUMPTION ANALYSIS 69
- 4.7 VENDOR SELECTION CRITERIA 73
- 4.8 PRICING ANALYSIS 75
- 4.9 SUPPLY CHAIN ANALYSIS 76
- 4.9.1 LOGISTICS COST SCENARIO 76
- 4.9.2 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 77
- 4.10 CLIMATE CHANGE SCENARIO 78
- 4.10.1 ENVIRONMENTAL CONCERNS 78
- 4.10.2 INDUSTRY RESPONSE 78
- 4.10.3 GOVERNMENT'S ROLE 79
- 4.10.4 ANALYST RECOMMENDATIONS 79
5 REGULATION COVERAGE 80
- 5.1 LIQUID APPLIED WATERPROOFING SYSTEMS (LAWS) 80
- 5.2 AMERICAN SOCIETY FOR TESTING AND MATERIALS (ASTM) STANDARDS FOR ROOFING MEMBRANES 82
- 5.3 ASTM D6083/D6083M-21: STANDARD SPECIFICATION FOR LIQUID-APPLIED ACRYLIC COATING USED IN ROOFING 82
6 MARKET OVERVIEW 84
- 6.1 DRIVERS 86
- 6.1.1 GROWING DEMAND FOR WATERPROOFING SOLUTIONS 86
- 6.1.2 INCREASED FOCUS ON CONSTRUCTION AND INFRASTRUCTURAL GROWTH 87
- 6.1.3 RISING USAGE OF 2K POLYURETHANE LIQUID ROOFING 88
- 6.1.4 GROWING AWARENESS FOR ROOF RESTORATION 89
- 6.2 RESTRAINTS 90
- 6.2.1 FLUCTUATING RAW MATERIAL PRICES FOR LIQUID ROOFING PRODUCTS 90
- 6.2.2 AVAILABILITY OF ALTERNATIVE SUBSTITUTES 91
- 6.3 OPPORTUNITIES 92
- 6.3.1 GROWING DEMAND FOR GREEN LIQUID ROOFING 92
- 6.3.2 ADVANCEMENTS IN LIQUID ROOFING TECHNOLOGY 93
- 6.3.3 STRATEGIC PARTNERSHIP AND COLLABORATION FOR LIQUID ROOFING 94
- 6.4 CHALLENGES 95
- 6.4.1 LIQUID ROOFING GETS DAMAGE OVER TIME 95
- 6.4.2 INSTALLATION AND WEATHER DEPENDENCY COMPLEXITY 96
7 GLOBAL LIQUID ROOFING MARKET, BY TYPE 99
- 7.1 OVERVIEW 100
- 7.2 BITUMINOUS COATINGS 102
- 7.3 ACRYLIC COATINGS 103
- 7.4 ELASTOMERIC MEMBRANES 104
- 7.5 SILICONE COATINGS 105
- 7.6 PU / ACRYLIC HYBRIDS 106
- 7.7 POLYURETHANE COATINGS 107
- 7.8 EPOXY COATINGS 108
- 7.9 EPDM RUBBERS 109
- 7.10 OTHERS 110
8 GLOBAL LIQUID ROOFING MARKET, BY ROOF TYPE 111
- 8.1 OVERVIEW 112
- 8.2 FLAT ROOF 113
- 8.3 PITCHED ROOF 114
- 8.4 SAW TOOTH 114
- 8.5 OTHERS 115
9 GLOBAL LIQUID ROOFING MARKET, BY SUBSTRATE 116
- 9.1 OVERVIEW 117
- 9.2 CONCRETE 118
- 9.3 COMPOSITE 118
- 9.4 METAL 119
- 9.5 OTHERS 119
10 GLOBAL LIQUID ROOFING MARKET, BY INSTALLATION 120
- 10.1 OVERVIEW 121
- 10.2 REROOFING AND REPAIRS 122
- 10.3 NEW CONSTRUCTION 122
11 GLOBAL LIQUID ROOFING MARKET, BY END USER 123
- 11.1 OVERVIEW 124
- 11.2 RESIDENTIAL BUILDING 125
- 11.2.1 BY HOUSING TYPE 126
- 11.2.1.1 MULTI FAMILY 126
- 11.2.1.2 SINGLE FAMILY 126
- 11.2.2 BY TYPE 126
- 11.2.2.1 BITUMINOUS COATINGS 127
- 11.2.2.2 ACRYLIC COATINGS 127
- 11.2.2.3 ELASTOMERIC MEMBRANES 127
- 11.2.2.4 SILICONE COATINGS 127
- 11.2.2.5 PU / ACRYLIC HYBRIDS 127
- 11.2.2.6 POLYURETHANE COATINGS 127
- 11.2.2.7 EPOXY COATINGS 127
- 11.2.2.8 EPDM RUBBERS 127
- 11.2.2.9 OTHERS 127
- 11.3 COMMERCIAL BUILDING 128
- 11.3.1 BY BUILDING TYPE 128
- 11.3.1.1 OFFICE BUILDING 128
- 11.3.1.2 RETAIL BUILDING 129
- 11.3.1.3 HOSPITALITY AND LUXURY BUILDING 129
- 11.3.1.4 RESTAURANT 129
- 11.3.1.5 PARKING LOTS 129
- 11.3.1.6 ENTERTAINMENT 129
- 11.3.1.7 SPORTS FACILITY 129
- 11.3.1.8 OTHERS 129
- 11.3.2 BY TYPE 130
- 11.3.2.1 BITUMINOUS COATINGS 130
- 11.3.2.2 ACRYLIC COATINGS 130
- 11.3.2.3 ELASTOMERIC MEMBRANES 130
- 11.3.2.4 SILICONE COATINGS 130
- 11.3.2.5 PU / ACRYLIC HYBRIDS 130
- 11.3.2.6 POLYURETHANE COATINGS 131
- 11.3.2.7 EPOXY COATINGS 131
- 11.3.2.8 EPDM RUBBERS 131
- 11.3.2.9 OTHERS 131
- 11.4 INDUSTRIAL BUILDING 131
- 11.4.1 BY CONSTRUCTION TYPE 132
- 11.4.1.1 MANUFACTURING PLANTS 132
- 11.4.1.2 CHEMICAL AND PHARMACEUTICAL 132
- 11.4.1.3 METAL AND MATERIAL PROCESSING 132
- 11.4.1.4 OTHERS 132
- 11.4.2 BY TYPE 133
- 11.4.2.1 BITUMINOUS COATINGS 133
- 11.4.2.2 ACRYLIC COATINGS 133
- 11.4.2.3 ELASTOMERIC MEMBRANES 133
- 11.4.2.4 SILICONE COATINGS 133
- 11.4.2.5 PU / ACRYLIC HYBRIDS 133
- 11.4.2.6 POLYURETHANE COATINGS 134
- 11.4.2.7 EPOXY COATINGS 134
- 11.4.2.8 EPDM RUBBERS 134
- 11.4.2.9 OTHERS 134
- 11.5 PUBLIC INFRASTRUCTURE 134
- 11.5.1 BY TYPE 135
- 11.5.1.1 BITUMINOUS COATINGS 135
- 11.5.1.2 ACRYLIC COATINGS 135
- 11.5.1.3 ELASTOMERIC MEMBRANES 135
- 11.5.1.4 SILICONE COATINGS 135
- 11.5.1.5 PU / ACRYLIC HYBRIDS 135
- 11.5.1.6 POLYURETHANE COATINGS 135
- 11.5.1.7 EPOXY COATINGS 136
- 11.5.1.8 EPDM RUBBERS 136
- 11.5.1.9 OTHERS 136
12 GLOBAL LIQUID ROOFING MARKET, BY REGION 137
- 12.1 OVERVIEW 138
- 12.2 ASIA-PACIFIC 141
- 12.2.1 CHINA 149
- 12.2.2 JAPAN 155
- 12.2.3 INDIA 161
- 12.2.4 SOUTH KOREA 167
- 12.2.5 AUSTRALIA 173
- 12.2.6 INDONESIA 179
- 12.2.7 TAIWAN 185
- 12.2.8 MALAYSIA 191
- 12.2.9 SINGAPORE 197
- 12.2.10 THAILAND 203
- 12.2.11 PHILIPPINES 209
- 12.2.12 NEW ZEALAND 215
- 12.2.13 REST OF ASIA-PACIFIC 221
- 12.3 NORTH AMERICA 222
- 12.3.1 U.S. 229
- 12.3.2 CANADA 235
- 12.3.3 MEXICO 241
- 12.4 EUROPE 247
- 12.4.1 GERMANY 255
- 12.4.2 FRANCE 261
- 12.4.3 U.K. 267
- 12.4.4 ITALY 273
- 12.4.5 RUSSIA 279
- 12.4.6 SPAIN 285
- 12.4.7 TURKEY 291
- 12.4.8 NETHERLANDS 297
- 12.4.9 SWITZERLAND 303
- 12.4.10 BELGIUM 309
- 12.4.11 REST OF EUROPE 315
- 12.5 MIDDLE EAST AND AFRICA 316
- 12.5.1 SAUDI ARABIA 323
- 12.5.2 EGYPT 329
- 12.5.3 UNITED ARAB EMIRATES 335
- 12.5.4 SOUTH AFRICA 341
- 12.5.5 ISRAEL 347
- 12.5.6 REST OF MIDDLE EAST AND AFRICA 353
- 12.6 SOUTH AMERICA 355
- 12.6.1 BRAZIL 362
- 12.6.2 ARGENTINA 368
- 12.6.3 REST OF SOUTH AMERICA 374
13 GLOBAL LIQUID ROOFING MARKET: COMPANY LANDSCAPE 375
- 13.1 COMPANY SHARE ANALYSIS: GLOBAL 375
- 13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 376
- 13.3 COMPANY SHARE ANALYSIS: EUROPE 377
- 13.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 378
14 SWOT ANALYSIS 379
15 COMPANY PROFILE 380
- 15.1 RPM INTERNATIONAL INC. 380
- 15.1.1 COMPANY SNAPSHOT 380
- 15.1.2 REVENUE ANALYSIS 381
- 15.1.3 COMPANY SHARE ANALYSIS 381
- 15.1.4 BRAND PORTFOLIO 382
- 15.1.5 RECENT DEVELOPMENT 382
- 15.2 3M 383
- 15.2.1 COMPANY SNAPSHOT 383
- 15.2.2 REVENUE ANALYSIS 383
- 15.2.3 COMPANY SHARE ANALYSIS 384
- 15.2.4 PRODUCT PORTFOLIO 384
- 15.2.5 RECENT DEVELOPMENTS 385
- 15.3 BASF SE 386
- 15.3.1 COMPANY SNAPSHOT 386
- 15.3.2 REVENUE ANALYSIS 386
- 15.3.3 COMPANY SHARE ANALYSIS 387
- 15.3.4 PRODUCT PORTFOLIO 387
- 15.3.5 RECENT DEVELOPMENT 387
- 15.4 HENKEL CORPORATION 388
- 15.4.1 COMPANY SNAPSHOT 388
- 15.4.2 REVENUE ANALYSIS 388
- 15.4.3 COMPANY SHARE ANALYSIS 389
- 15.4.4 BRAND PORTFOLIO 389
- 15.4.5 RECENT DEVELOPMENTS 391
- 15.5 SIKA AG 392
- 15.5.1 COMPANY SNAPSHOT 392
- 15.5.2 REVENUE ANALYSIS 392
- 15.5.3 COMPANY SHARE ANALYSIS 393
- 15.5.4 PRODUCT PORTFOLIO 393
- 15.5.5 RECENT DEVELOPMENTS 394
- 15.6 AKZO NOBEL N.V. 395
- 15.6.1 COMPANY SNAPSHOT 395
- 15.6.2 REVENUE ANALYSIS 395
- 15.6.3 BRAND PORTFOLIO 396
- 15.6.4 RECENT DEVELOPMENT 396
- 15.7 ALT GLOBAL, LLC (AS A SUBSDIARY OF WESTWOOD KUNSTSTOFFTECHNIK) 397
- 15.7.1 COMPANY SNAPSHOT 397
- 15.7.2 PRODUCT PORTFOLIO 397
- 15.7.3 RECENT DEVELOPMENTS 399
- 15.8 BMI GROUP HOLDINGS UK LIMITED 400
- 15.8.1 COMPANY SNAPSHOT 400
- 15.8.2 REVENUE ANALYSIS 400
- 15.8.3 PRODUCT PORTFOLIO 401
- 15.8.4 RECENT DEVELOPMENTS 401
- 15.9 DOW 403
- 15.9.1 COMPANY SNAPSHOT 403
- 15.9.2 REVENUE ANALYSIS 403
- 15.9.3 PRODUCT PORTFOLIO 404
- 15.9.4 RECENT DEVELOPMENT 404
- 15.10 GACO 405
- 15.10.1 COMPANY SNAPSHOT 405
- 15.10.2 PRODUCT PORTFOLIO 405
- 15.10.3 RECENT DEVELOPMENTS 406
- 15.11 GAF, INC. 407
- 15.11.1 COMPANY SNAPSHOT 407
- 15.11.2 PRODUCT PORTFOLIO 407
- 15.11.3 RECENT DEVELOPMENT 408
- 15.12 GARLAND INDUSTRIES, INC. 409
- 15.12.1 COMPANY SNAPSHOT 409
- 15.12.2 PRODUCT PORTFOLIO 409
- 15.12.3 RECENT DEVELOPMENTS 412
- 15.13 H.B. FULLER COMPANY 414
- 15.13.1 COMPANY SNAPSHOT 414
- 15.13.2 REVENUE ANALYSIS 414
- 15.13.3 PRODUCT PORTFOLIO 415
- 15.13.4 RECENT DEVELOPMENTS 415
- 15.14 HENRY COMPANY (A SUBSIDIARY OF CARLISLE COMPANIES INC.) 416
- 15.14.1 COMPANY SNAPSHOT 416
- 15.14.2 REVENUE ANALYSIS 416
- 15.14.3 PRODUCT PORTFOLIO 417
- 15.14.4 RECENT DEVELOPMENTS 418
- 15.15 JOHNS MANVILLE 420
- 15.15.1 COMPANY SNAPSHOT 420
- 15.15.2 PRODUCT PORTFOLIO 420
- 15.15.3 RECENT DEVELOPMENTS 422
- 15.16 KEMPER SYSTEM (A SUBSDIARY OF KEMPER SYSTEM GMBH & CO. KG) 423
- 15.16.1 COMPANY SNAPSHOT 423
- 15.16.2 PRODUCT PORTFOLIO 423
- 15.16.3 RECENT DEVELOPMENTS 424
- 15.17 KRATON CORPORATION 425
- 15.17.1 COMPANY SNAPSHOT 425
- 15.17.2 PRODUCT PORTFOLIO 425
- 15.17.3 RECENT DEVELOPMENTS 426
- 15.18 LIQUID ROOFING SYSTEMS LTD 427
- 15.18.1 COMPANY SNAPSHOT 427
- 15.18.2 PRODUCT PORTFOLIO 427
- 15.18.3 RECENT DEVELOPMENT 427
- 15.19 MAPEI S.P.A. 428
- 15.19.1 COMPANY SNAPSHOT 428
- 15.19.2 REVENUE ANALYSIS 429
- 15.19.3 PRODUCT PORTFOLIO 429
- 15.19.4 RECENT DEVELOPMENTS 430
- 15.20 PIDILITE INDUSTRIES LTD 431
- 15.20.1 COMPANY SNAPSHOT 431
- 15.20.2 REVENUE ANALYSIS 431
- 15.20.3 PRODUCT PORTFOLIO 432
- 15.20.4 RECENT DEVELOPMENT 433
- 15.21 POLYROOF PRODUCTS LTD 434
- 15.21.1 COMPANY SNAPSHOT 434
- 15.21.2 PRODUCT PORTFOLIO 434
- 15.21.3 RECENT DEVELOPMENTS 435
- 15.22 RESTEC ROOFING 436
- 15.22.1 COMPANY SNAPSHOT 436
- 15.22.2 PRODUCT PORTFOLIO 436
- 15.22.3 RECENT DEVELOPMENT 438
- 15.23 SAINT-GOBAIN 439
- 15.23.1 COMPANY SNAPSHOT 439
- 15.23.2 REVENUE ANALYSIS 439
- 15.23.3 BRAND PORTFOLIO 440
- 15.23.4 RECENT DEVELOPMENTS 442
- 15.24 SOPREMA 443
- 15.24.1 COMPANY SNAPSHOT 443
- 15.24.2 PRODUCT PORTFOLIO 443
- 15.24.3 RECENT DEVELOPMENTS 444
- 15.25 STP LIMITED, INDIA 446
- 15.25.1 COMPANY SNAPSHOT 446
- 15.25.2 REVENUE ANALYSIS 446
- 15.25.3 PRODUCT PORTFOLIO 447
- 15.25.4 RECENT DEVELOPMENTS 449
- 15.26 TRIFLEX (UK) LIMITED 450
- 15.26.1 COMPANY SNAPSHOT 450
- 15.26.2 PRODUCT PORTFOLIO 450
- 15.26.3 RECENT DEVELOPMENT 454
- 15.27 TRITON SYSTEMS 455
- 15.27.1 COMPANY SNAPSHOT 455
- 15.27.2 PRODUCT PORTFOLIO 455
- 15.27.3 RECENT DEVELOPMENT 458
- 15.28 WIDOPAN PRODUCTS GMBH 459
- 15.28.1 COMPANY SNAPSHOT 459
- 15.28.2 PRODUCT PORTFOLIO 459
- 15.28.3 RECENT DEVELOPMENT 460
16 QUESTIONNAIRE 461
17 RELATED REPORTS 464