Dublin, May 20, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/wnlkdz/roof_coating) has announced the addition of the "Roof Coating Market by Type, Technology, Roof Type, Equipment, Application & Geography - Global Forecast to 2020" report to their offering.
The market for roof coating products is projected to be valued at $1,290.18 million by 2020. The Asia-Pacific region is projected to grow at the highest CAGR of 7.23% during the review period, that is, 2015 to 2020.
The roof coating market has been growing in accordance with the construction industry. With increasing awareness about global warming and concerns about the environment, people are opting for eco-friendly techniques of coating roofs, which has had an impact on the market for roof coating products.
Increasing disposable incomes of people in developing countries, regulations to incorporate cool roofing, and changing preferences of people towards sustainable building techniques drive the growth of the roof coating market. Lack of awareness about roof coating is the biggest challenge faced by players in the market.
The elastomeric and plastic coating segment is projected to grow at the highest CAGR of 5.97% from 2015 to 2020. The roof coating market was dominated by bituminous and tiles roof coatings segments, which accounted for 70% of the total market in 2014.
The global roof coating market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market.
The key players in the market are AkzoNobel NV (The Netherlands), PPG Industries, Inc. (U.S.), Sherwin-Williams (U.S.), Valspar Corporation (U.S.), BASF SE (Germany), Nippon Paint Co. Ltd (Japan), RPM International Inc. (U.S.), The Dow Chemical Company (U.S.), and Hempel A/S (Denmark).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Roof Coating Market, By Type of Roof Coating
8 Roof Coating Market, By Solution Technology
9 Roof Coating Market, By Roof Type
10 Roof Coating Market, By Equipment Type
11 Roof Coating Market, By Application
12 Roof Coating Market, By Region
13 Competitive Landscape
14 Company Profiles
- Akzonobel N.V.
- BASF SE
- Graco Inc.
- Hempel A/S.
- Nippon Paint Co. Ltd.
- PPG Industries, Inc.
- RPM International Inc.
- The DOW Chemical Company
- The Sherwin-Williams Company
- The Valspar Corporation
For more information visit http://www.researchandmarkets.com/research/wnlkdz/roof_coating