Global Liquid Roofing Market to Exceed USD 7 Bn by 2021, According to M&M New Report Now Available at MarketPublishers.com12 Sep 2016 • by Natalie Aster
LONDON – The global market for liquid roofing is predicted to follow an upward trajectory through 2021. The value of the market is set to stand at USD 7.48 billion by the same year, posting a 7.1 % CAGR since 2016. In terms of square meters, the world liquid roofing market is likely to rise at a 6.7% CAGR to exceed 3.4 billion by the year 2021. The major driver of the liquid roofing market growth is the rising demand for energy-efficient buildings.
The residential buildings segment is predicted to remain the largest and fastest-growing application segment within the global liquid roofing market through 2021.
APAC is recognised as the most rapidly-growing regional market (both in terms of volume and value) for liquid roofing across the globe. This regional market is led by China. Robust growth in the APAC liquid roofing market is fueled by a range of factors including rising overseas investments, stable economic growth, expanding manufacturing industries, availability of cheap labor and continued shift in production capacity to emerging economies, to name only a few.
Some of the dominant participants in the global liquid roofing market include Compagnie BASF, 3M, Bergquist Company, Dow Chemical, AkzoNobel N.V., Indium Corporation, Parker Hannifin, Saint-Gobain, etc.
Cutting-edge research publication “Liquid Roofing Market by Type, Application - Global Forecast to 2021” prepared by MarketsandMarkets provides a thorough assessment of the global liquid roofing market, contains a detailed market segmentation analysis on the basis of types, applications and geography. The study casts light on emerging technologies, R&D activities and new product launches. The report offers reliable information on the current and future possible market trends, discusses top players’ performance and reviews market competitive environment. It gives data on the key market growth influencing factors, uncovers data on historical, present and forecast market performance, touches upon significant issues and discloses forecasts through 2021.
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