State of the roof coatings market in India

01 Apr 2019 CW Staff

Globally, roofing accounts for over 25 per cent of the waterproofing chemicals market by revenue, says Rajesh Goyal, Managing Director, RG Group, and Vice-President, CREDAI NCR.

Goyal points out that, globally, bitumen is the largest product segment, accounting for over 40 per cent of the market by revenue, because it is reasonably priced. Bitumen is mostly applied as roll roofing because of its high viscosity and stickiness.

In India, Basab Saha, Business Head, Dow Construction Chemicals, South Asia reckons that roofing accounts for around 12 per cent of the total demand for construction chemicals. Within the roof coatings segment, “demand for higher performing coatings is growing the fastest, as customers move towards products that deliver greater value and have a longer service lifetime,” he says.

In the long run, Saha expects demand to increase for reflective roof coatings that deliver safety and durability, while also helping to reduce energy bills and the need for repairs and reinforcements. “The need to conserve energy will become more pronounced as climatic conditions become harsher and ensuring human comfort necessitates more air-conditioning.”

Thermoplastic polyolefin is becoming more popular for its heat-reflective properties and being an energy-efficient roofing system, says Sagar Saxena, Project Head, Spectrum Metro.

Dow Construction Chemicals provided reflective roof coatings to a large food, beverage and hospitality conglomerate to run an integrated multi-city trial. The products helped achieve a significant (4-5°) difference in indoor and outdoor temperature, thus improving comfort and productivity while reducing overall energy usage.

The PRIMAL™ roofing solution is one of many products and technologies from Dow Construction Chemicals that are designed and customised specifically for India.

- CHARU BAHRI

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..