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Roof Coatings Market to Garner $8.3 Billion, Globally, By 2030 at 3.8% CAGR, Says Allied Market ResearchAdvantages of roof coating in the construction industry and increase in building and construction activities drive the growth of the global roof coatings market. ![]() Prime determinants of growth Advantages of roof coating in the construction industry and increase in building and construction activities drive the growth of the global roof coatings market. However, disadvantages of asphalt in the construction industry hinder the market growth. On the other hand, factors such as effective solutions for waste management and the use of asphalt promoted by the government in Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/3410 Covid-19 Scenario
The asphalt segment to maintain its leadership status throughout the forecast period Based on material, the asphalt segment held the highest market share in 2020, accounting for more than two-fifths of the global roof coatings market, and is estimated to maintain its leadership status throughout the forecast period. This is due to its excellent weather resistance performance and competitive features such as durability. However, the metal segment is projected to manifest the highest CAGR of 4.0% from 2021 to 2030, owing to numerous advantages such as solid performance for around of 40 years, excellent fire resistance, interlocking panels for maximum wind resistance, and others. Get Detailed COVID-19 Impact Analysis on the Roof Coatings Market @ https://www.alliedmarketresearch.com/request-for-customization/3410?reqfor=covid The water-based segment to maintain its lead position during the forecast period Based on technology, the water-based segment accounted for the largest share in 2020, contributing to nearly three-fifths of the global roof coatings market, and is projected to maintain its lead position during the forecast period. Moreover, the same segment is expected to portray the largest CAGR of 4.7% from 2021 to 2030. This is attributed to the increased awareness regarding disadvantages of volatile organic compounds in solvent-based roof coatings, stringent regulations regarding the volatile organic compound in the solvent roof coatings, and others. The report also analyzes the solvent-based segment. Based on region, Leading Market Players
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