ROOFING CHEMICALS MARKET ANALYSIS

Market Challenges And Opportunities

Prevalent Scenario in Roofing Chemicals Market

Increasing construction activities have boosted the demand for roofing chemicals across the globe. Asphalt roofing material is widely used for buildings. It is the most-widely used type of roofing chemical. Asphalt provides the best performance in terms of roofing material. Factors such as wide choices in top-surfacing, insulation, reduced deformation, reduced flushing, better texture and durability have further boosted the demand for asphalt roofing chemicals. Other factors such as lower cost, lower crack formation, and flexibility also drive the demand for asphalt. Asphalt roofing also form part of fire, wind and hail resistant roof systems. In terms of application segment, bituminous roofs are in high demand owing to their rigidness and long life. Bituminous roofs are very durable and generally have extended shelf life. They can be used with conventional shingles, which makes them suitable for quick installation.