Market Size of Liquid Roofing Industry
| Study Period | 2019-2029 |
| Market Volume (2024) | 248.47 Million square meters |
| Market Volume (2029) | 311.60 Million square meters |
| CAGR (2024 - 2029) | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Liquid Roofing Market Analysis
The Liquid Roofing Market size is estimated at 248.47 Million square meters in 2024, and is expected to reach 311.60 Million square meters by 2029, growing at a CAGR of greater than 4% during the forecast period (2024-2029).
The initial impact of COVID-19 was a demand slump in the liquid roofing market in 2020. However, the market showed signs of recovery in 2021 and 2022, and the long-term outlook appears positive.
Increasing consumer awareness of benefits such as lifespan extension, temperature reduction, and ease of maintenance is driving the residential demand for the liquid roofing market.
However, the volatility in the cost of the raw material may hinder the growth of the liquid roofing market in the near future.
The growing need to reduce carbon footprints across the globe is likely to provide opportunities for the liquid roofing market over the next five years.
The Asia-Pacific region dominates the liquid roofing market, owing to the increasing consumption of liquid roofing from countries like China, India, etc.
