Roofing Chemicals Market Size and Share

Roofing Chemicals Market (2025 - 2030)
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Roofing Chemicals Market Analysis by Mordor Intelligence

The Roofing Chemicals Market size is estimated at USD 106.81 billion in 2025, and is expected to reach USD 133.68 billion by 2030, at a CAGR of 4.59% during the forecast period (2025-2030). A steady replacement cycle in mature economies combines with rising new-build activity in Asia-Pacific to keep demand on an upward trajectory. Construction stimulus programs, intensifying weather-related roof failures and stricter energy codes are widening the application scope of polymer-modified, low-VOC and reflective chemistries. Bituminous systems still dominate project specifications, yet polyurethane, acrylic and silicone alternatives are scaling quickly as building owners prioritize lifecycle value and regulatory compliance. Market fragmentation remains high, but consolidation momentum is accelerating as suppliers seek cost leverage, geographic reach and technology depth.

Key Report Takeaways

  • By product type, bituminous products led with 32.16% of the roofing chemicals market share in 2024, while other product types such as polyurethane- and silicone-based systems are projected to expand at 5.51% CAGR through 2030.
  • By end-user industry, the residential sector accounted for 41.15% of the roofing chemicals market size in 2024, whereas industrial and infrastructure applications are advancing at 5.22% CAGR between 2025-2030.
  • By geography, Asia-Pacific captured 44.54% revenue in 2024; the same region is forecast to grow at a 5.10% CAGR, the fastest worldwide to 2030.

Segment Analysis

By Product: Bituminous Dominance Faces Innovation Pressure

Bituminous membranes retained a 32.16% leadership position in 2024 on the strength of contractor familiarity and attractive upfront economics. Polymer-enhanced variants such as SBS-modified sheets are improving cold-flex and fatigue resistance, ensuring relevance despite the advance of high-performing alternatives. Yet polyurethane, silicone and acrylic coatings are expanding at a 5.51% CAGR as the roofing chemicals market shifts toward low-VOC, cool-roof and rapid-cure requirements. Dow’s bio-based NORDEL REN EPDM illustrates the pivot to renewable feedstocks while matching legacy performance. 

R&D focus is trained on hybrid systems that marry the toughness of bitumen with the reflectance or elasticity of polymers. Waterborne polyurethane dispersions now offer tensile strengths above 20 MPa with VOC levels below 50 g/L, positioning them for specification in municipal retrofit programs. Modified acrylics dominate the cool-roof niche, while silicone topcoats win on ponding-water resistance in low-slope assemblies. This cascade of innovation keeps the roofing chemicals market competitive and opens white-space opportunities for suppliers with formulation agility.

Roofing Chemicals Market: Market Share by Product
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Note: Segment shares of all individual segments available upon report purchase

By End-user Industry: Residential Stability Meets Industrial Growth

Residential reroofing delivers predictable volume, supplying 41.15% of 2024 revenue as homeowners replace aging shingles and upgrade to energy-saving coatings. The segment enjoys tailwinds from favorable mortgage rates and government housing incentives, yet faces contractor shortages that can prolong project timelines. Industrial facilities and infrastructure, however, constitute the fastest-growing customer group, expanding at 5.22% CAGR through 2030 as operators overhaul legacy roofs to meet stricter safety, insulation and emissions norms. 

Transportation authorities now specify chemically resistant membranes for tunnels and bridge decks, leveraging the roofing chemicals market size captured under civil engineering budgets. In the commercial arena, 68% of roofing contractors anticipate higher coating sales in 2025, reflecting owner preference for extend-in-place liquid overlays that minimize business disruption. Suppliers able to tailor formulations to niche industrial pain points—acids, solvents, temperature spikes—stand to secure premium margins.

Roofing Chemicals Market: Market Share by End-User Industry
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Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

Asia-Pacific accounted for 44.54% of global revenue in 2024 and is projected to record a 5.10% CAGR to 2030, making it both the largest and fastest-advancing arena for the roofing chemicals market. China’s real-estate and infrastructure push keeps SBS-modified bitumen at the forefront, while India’s pipeline of transport corridors and industrial parks accelerates adoption of polymer-enhanced, reflective coatings. Sika’s recent plant investments in China and Singapore demonstrate supplier commitment to localized production of mortars and roof systems.

North America remains a replacement-driven arena. Title 24 and similar city codes are steering the roofing chemicals market toward high-reflectance, low-VOC products, while USD 31 billion in 2024 storm-damage payouts underscore the urgency for impact-resistant chemistries. The region’s roofing chemicals market size is further supported by public-sector retrofits of schools, airports and federal facilities funded under infrastructure legislation.

Europe advances on a sustainability mandate. REACH obligations and circular-economy targets are prompting formulators to remove hazardous solvents and embrace recycling pathways. Saint-Gobain’s acquisition of asphalt-shingle recycling technology signals mainstream acceptance of closed-loop concepts within the roofing chemicals market. Market growth concentrates in Germany, France and the Nordics, where subsidy programs reward energy-positive refurbishment.

Roofing Chemicals Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The roofing chemicals market remains highly fragmented despite ongoing consolidation. GAF’s USD 1.1 billion purchase of Icopal exemplifies the roll-up logic aimed at pool-ing technology and distribution scale. Players pursue vertical integration—backward into polymer synthesis or forward into installation services—to lock in margins as crude volatility and labor costs rise.

Technology leadership is a central wedge. Sika’s moisture-curing, one-part polyurethane patent streamlines job-site logistics by eliminating mix-ratio errors, cutting labor hours and VOC emissions. Dow and other chemical majors channel resources into bio-based elastomers and waterborne dispersions, aligning with end-market decarbonization goals. Digital tools—from AI-driven demand forecasting to mobile technical-support apps—differentiate suppliers on contractor service.

Emerging disruptors target gaps in sustainability. Start-ups piloting algae-based resins and PET-recycled polyols attract venture funding, while roofing-system OEMs form alliances with waste-handlers to harvest post-consumer shingles. Established brands counter by scaling pilot projects: Owens Corning has validated recycled-asphalt shingles that could divert 2 million tons of waste annually. As M&A activity intensifies, sellers with proprietary eco-formulations or regional market access command valuation premiums.

Roofing Chemicals Industry Leaders

  1. Owens Corning

  2. BASF

  3. Sika AG

  4. Carlisle Companies Inc. 

  5. GAF Materials LLC

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration - Roofing Chemicals Market.png
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Recent Industry Developments

  • March 2025: Sika completed the acquisition of Cromar Building Products, a supplier of roofing systems in the United Kingdom, primarily serving customers through distribution channels. This acquisition presents significant cross-selling opportunities and supports Sika's strategic expansion within the UK's roofing market.
  • March 2025: H.B. Fuller introduced an innovative technology designed to transform commercial roofing installations while promoting environmental sustainability. The H.B. Fuller Millennium PG-1 EF ECO2 is a high-performance roofing adhesive that eliminates the use of chemical blowing agents by utilizing naturally occurring atmospheric gases.

Table of Contents for Roofing Chemicals Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Expansion of Construction and Infrastructure Sector
    • 4.2.2 Aging Building Stock and Roof Replacement Projects
    • 4.2.3 Growing Demand for Energy-Efficient and Cool Roofs
    • 4.2.4 Increasing Climate Resilience and Waterproofing Needs
    • 4.2.5 Insurance-Led Push for Class-A Fire-rated Chemistries
  • 4.3 Market Restraints
    • 4.3.1 Crude-oil Price Volatility
    • 4.3.2 Stringent VOC/REACH Caps on Bitumen
    • 4.3.3 Skilled-Labour Shortage for Spray-Applied Systems
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Consumers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitute Products and Services
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Product
    • 5.1.1 Bituminous
    • 5.1.2 Acrylic Resin
    • 5.1.3 Epoxy Resin
    • 5.1.4 Elastomers
    • 5.1.5 Styrene
    • 5.1.6 Other Product Types (Polyurethane, Silicone, etc.)
  • 5.2 By End-user Industry
    • 5.2.1 Residential
    • 5.2.2 Commercial
    • 5.2.3 Other End-user Industries (Industrial and Infrastructure)
  • 5.3 By Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 Japan
    • 5.3.1.3 India
    • 5.3.1.4 South Korea
    • 5.3.1.5 ASEAN Countries
    • 5.3.1.6 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Spain
    • 5.3.3.6 Russia
    • 5.3.3.7 NORDIC Countries
    • 5.3.3.8 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Akzo Nobel N.V.
    • 6.4.2 BASF
    • 6.4.3 Carlisle Companies Inc.
    • 6.4.4 Dow
    • 6.4.5 Eastman Chemical Company
    • 6.4.6 GAF Materials LLC
    • 6.4.7 H.B. Fuller Company
    • 6.4.8 Henkel AG & Co. KGaA
    • 6.4.9 HOLCIM
    • 6.4.10 Johns Manville
    • 6.4.11 Kemper System
    • 6.4.12 Owens Corning
    • 6.4.13 PPG Industries, Inc.
    • 6.4.14 RPM International Inc.
    • 6.4.15 Saint-Gobain
    • 6.4.16 Sika AG

7. Market Opportunities and Future Outlook

  • 7.1 Development of Bio-based Roofing Chemicals
  • 7.2 White-space and Unmet-need Assessment

Global Roofing Chemicals Market Report Scope

The roofing chemicals market report includes:

By Product
Bituminous
Acrylic Resin
Epoxy Resin
Elastomers
Styrene
Other Product Types (Polyurethane, Silicone, etc.)
By End-user Industry
Residential
Commercial
Other End-user Industries (Industrial and Infrastructure)
By Geography
Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
By Product Bituminous
Acrylic Resin
Epoxy Resin
Elastomers
Styrene
Other Product Types (Polyurethane, Silicone, etc.)
By End-user Industry Residential
Commercial
Other End-user Industries (Industrial and Infrastructure)
By Geography Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa

Key Questions Answered in the Report

What is the current Roofing Chemicals Market size?

The roofing chemicals market size is USD 106.81 billion in 2025.

What is the forecast CAGR for the roofing chemicals market to 2030?

Market revenue is projected to expand at a 4.59% CAGR between 2025 and 2030.

Which product segment leads the roofing chemicals market?

Bituminous membranes hold the leading 32.16% share, thanks to cost-performance balance and contractor familiarity.

Which region offers the fastest growth opportunity?

Asia-Pacific delivers the highest growth, posting a 5.10% CAGR as infrastructure and urbanization accelerate.

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