According to the latest report by Reports and Insights, titled, “Asia Pacific Liquid Roofing Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast" the global Asia Pacificliquid roofing market was valued at USD 2.8 billion in 2024. Looking forward, Reports and Insights anticipates the market to expand at a compound annual growth rate (CAGR) of approximately 7.5% from 2024 to 2032.
The Asia Pacific liquid roofing market is observed to grow significantly with immense infrastructure growth in the region, and is further thrust by the growing demand for durable and energy-efficient roofing. The major economies within the region, including China, India, and Japan, are in the front row, fueled by urbanization and industrialization driving modern construction ahead. The market further finds a new shift towards eco-friendly and sustainable roofing materials driven by increasingly pressing environmental concerns. The development in liquid roofing technology with protection against extreme climatic conditions and ease of its applications are additional factors driving the market in the regions.
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Asia Pacific Liquid Roofing Market Trends
The liquid roofing market in the Asia Pacific is developing on a robust trajectory, driven by increasing urbanization, infrastructural development, and mushrooming demand for energy-efficient roofing solutions. Its leading players are found in countries such as China, India, and Japan because of rapid industrialization and government initiatives that encourage the usage of sustainable construction methods. Growth in liquid roofing technologies for higher durability, resistance to adverse weather conditions, and ease of application goes well with the overall market. Besides, growing awareness about the environmental impact of conventional roofing materials is leading to the demand for green liquid roofing solutions, therefore driving the market further in the region.
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The polyurethane segment is estimated to grow at the fastest pace through the forecast period
During the forecast period, the polyurethane coating segment of the Asia Pacific liquid roofing market is expected to dominate revenue owing to polyurethane coating's high durability and flexibility and its great resistance to extreme weather conditions among other good features that make it highly effective for any roofing applications. Their ability to provide flawless and waterproof barriers along with increasing the life of existing roofs further pleases people both in residential and commercial areas. So, polyurethane coatings gain a leading tendency in the region due to revenue generated in this segment.
The flat roof segment segment accounted for the largest share in the Asia Pacific liquid roofing market in 2023
Flat roof segment accounted for the largest share in the Asia-Pacific liquid roofing market during the forecast period, owing to the fact that liquid roofing solutions find huge applications on flat roofs, which need seamless, durable, and waterproof coatings to prevent the pooling of water and resultant leaks. Liquid roofing systems maintain and serve commercial, industrial, and residential buildings with flat roofs for many years, since it doesn't involve complex maintenance. In addition, growing demand due to increased adoption of energy-efficient and sustainable roofing solutions further enhances the demand for liquid coatings on flat roofs, thereby driving significant revenue in the segment.
The commercial buildings segment is expected to grow with highest CAGR during the forecast period of Asia Pacific liquid roofing market
The commercial buildings segment is expected to hold the largest revenue share in the liquid roofing market of the Asia-Pacific region during the forecast period. Growth propels because durability, waterproofing, and ease of maintenance are three reasons important to the owner when it comes to liquid roofing solutions in commercial properties. Liquid roofing systems have specific importance for extending the life of commercial roofs by saving energy and providing an extra layer of protection against the external environment. Due to increasing demand in the market for sustainable and cost-effective roofing solutions, the commercial buildings segment is expected to dominate.
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China has registered fastest growth rate during the forecast period in Asia Pacific liquid roofing market
China has emerged as the fastest-growing market in the Asia-Pacific region for liquid roofing during the forecast period. This growth is driven by the country’s large-scale infrastructure projects and a thriving construction industry, which increasingly seeks out advanced and resilient roofing solutions. With significant investments in public infrastructure and the expansion of residential and commercial buildings, China has firmly established itself as the leading market in the region. This trend underscores China's commitment to upgrading its infrastructure as a key component of its broader economic development strategy.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Sika AG
- BASF SE
- DowDuPont Inc.
- Asian Paints Ltd.
- Saint Gobain India
- Pidilitе Industriеs Ltd.
- Fosroc Construction Chеmicals
- Polygomma Industriеs Pvt Ltd
- Adarsha Spеcialty Chеmicals
- TECHNONICOL Corporation
The report has segmented the market based on type, roof type, substrate, installation, end-user and countries.
By Typе
- Polyurеthanе coatings
- Acrylic coatings
- PU/Acrylic hybrids
- Bituminous coatings
- Siliconе coatings
- Modifiеd Silanе polymеr
- EPDM rubbеrs
- Elastomеric mеmbranеs
- Cеmеntitous mеmbranеs
- Epoxy coatings
By Roof typе
- Flat Roof
- Pitchеd Roof
- Saw Tooth
- Othеrs
By Substratе
- Concrеtе
- Compositе
- Mеtal
- Othеrs
By Installation
- Rеroofing and rеpairs
- Nеw construction
By End Usеr
- Rеsidеntial buildings
- Commеrcial buildings
- Public infrastructurе
- Industrial facilitiеs
By Country
- China
- Japan
- South Korea
- India
- Taiwan
- Vietnam
- Singapore
- Rest of Asia Pacific
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