Roofing Chemicals Market
Roofing Chemicals Market Industry Analysis , Trend and Growth , 2016-2026
Roofing chemicals refer to a variegated range of chemicals which are used to enhance the performance of roof coatings . These chemicals imparts high reflectivity properties to rooftops thus enabling the maintenance of lower temperatures in the house . This in turn helps significantly in reducing the energy consumption required to keep the temperature low , and thus , helps in reducing carbon emissions . The advent of cool roof technology companies which includes roof designing , coating and chemicals , has led roofing chemicals to gain increasing awareness over last few years . Most companies in the roofing chemicals industry are relying on increased product innovations and are introducing products which not only offers high solar reflectance index , but also adds significantly to the life of roof , and caters high elasticity , reliable adhesion and dirt resistance . The global roofing chemicals market is anticipated to expand with a moderate CAGR over the forecast period of 2016-2026
Global Roofing Chemicals Market : Drivers and Restraints
The prime factor driving demand for roofing chemicals is the need for sustainable living standards , which incorporates reduction of carbon footprint of houses , as roofing chemicals helps primarily to reduce inhouse temperatures , thus requiring less energy to cool the house , in turn reducing carbon emissions . Moreover , the need to increase longevity of the construction is further fuelling the demand for roofing chemicals , as they inherently helps in overheating and thus extends roof life . This coupled with a rapid increase in construction activity across all developing nations , particularly , in Asia are together translating into rising demand for roofing chemicals . Along with , increasing awareness about the benefits of roofing
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