Transparency Market Research Report Added "North American Commercial and Residential Roofing Market" to its database.
Albany, NY -- (SBWIRE) -- 11/12/2015 -- The North American roof coating industry is vast with 45 companies actively participating in the market. The industry witnessed a decline due to economic slowdown in 2008-2009, but post 2010 the industry is gradually increasing. Roof coatings applications depend on roof substrate and various types of roof coatings available in the market such as thermal polyolefin (TPO), ethylene propylene diene monomer (EPDM), modified bitumen, polyvinyl chloride (PVC), and many more. The North American roof coating industry can be segmented into polymer, bituminous, reflective, and polymer modified.
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Some of the key driving forces of the industry are adoption of green roof technologies and rising prices of heating and air conditioning systems. The major challenges faced by the roof coating industry are innovation in order to achieve sustainability while simultaneously managing the product cost. The industry is highly fragmented and only 10% to 15% of the market is dominated by big manufacturers, so there are tremendous growth opportunities for small manufacturers.
The key market participants in the roof coating industry are Boral Roofing, U.S. Tile Co., Atlas Roofing, MonierLifetile LLC, DaVinci Roofscapes, Carlisle Construction Materials, Decra Roofing Systems, and Crowe Building Products Ltd.
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