Market Overview:
The global cool roof coatings market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and environment-friendly products, rising awareness about the benefits of cool roof coatings, and growing construction activities across the globe. The global cool roof coatings market is segmented on the basis of type, application, and region. On the basis of type, it is divided into acrylic cool roof coatings, silicone cool roof coatings, aluminum cool roof coatings, and others. Acrylic Cool Roof Coatings are projected to lead in terms of revenue share by 2030 owing to their high durability and weather resistance properties as compared to other types available in this market space.
Product Definition:
A cool roof coating is a specialized type of paint or sealant that is applied to a roof in order to reflect sunlight and heat away from the building below. Cool roof coatings are important because they can dramatically reduce cooling costs, which in turn reduces greenhouse gas emissions.
Acrylic Cool Roof Coatings:
Acrylic cool roof coatings are water-based, non-toxic and eco-friendly coating materials. They are available in solid form as well as in liquid form. The solid acrylic cool roof coating is applied over the surface of the roofs through a spray gun or roll on technique. It has high resistance to UV radiation, abrasion & chemicals and provides protection against heat reflection, thus reducing cooling loads on the building structure.
Silicone Cool Roof Coatings:
Silicone cool roof coatings are a special type of reflective coating, which is applied on the flat or curved roofs to enable maximum heat reflection. The product is available in various colors including white, grey, black and transparent. It offers high resistance to extreme weather conditions including snow, ice and rain along with superior durability that makes it suitable for long term application.
The global silicone cool roof coating market size was valued at USD 1.6 billion in 2016.
Application Insights:
The residential segment accounted for the largest revenue share of over 70% in 2017. The demand is expected to be high from the residential sector as these coatings can help reduce heat transfer by more than 40% and also keep buildings cooler during hot summer months. These products are applied on roofs at a rate of 2-3 mm per layer, which helps retain the heat inside homes and reduces electricity bills by 30%.
Cool roof coating manufacturers have developed kits that consumers can use at home to apply the product themselves, thereby saving both time and money. This self-application trend is expected to increase penetration rates in various countries worldwide. Cool roof coatings are primarily used for commercial buildings but their application on office buildings, shopping malls, hotels has become common practice owing to their energy conservation benefits along with cost savings realized from reduced electricity bills.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing awareness regarding the benefits of cool roof coatings and growing adoption by private companies for renovation and new construction projects. In addition, stringent government regulations aimed at reducing energy consumption by encouraging green buildings are expected to drive product demand in this region.
The Asia Pacific regional market is anticipated to grow at a significant rate over the forecast period owing high growth potential in emerging economies such as China, India, Indonesia, Malaysia Philippines Singapore South Korea Thailand Vietnam Bangladesh etc.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global Cool Roof Coating market is expected to grow at a significant pace in the next few years, owing to the increasing demand for energy-efficient and environment-friendly products.
- Rising awareness about the benefits of cool roof coatings: The growing awareness about the benefits of cool roof coatings is another major factor that is expected to drive the growth of this market in the near future.
- Growing construction and renovation activities: The global Cool Roof Coating market is also driven by the growing construction and renovation activities across different regions worldwide.
- Technological advancements: The development of innovative technologies has led to an increase in adoption rates of cool roof coatings, thereby propellingthe growth of this market globally. 5) Emerging economies offer lucrative opportunities:The Cool Roof Coatingmarket offers lucrative opportunities for players operating in this space, as emerging economies are witnessing a rapid growth in terms of infrastructure development
Scope Of The Report
Report Attributes
Report Details
Report Title
Cool Roof Coating Market Research Report
By Type
Acrylic Cool Roof Coatings, Silicone Cool Roof Coatings, Aluminum Cool Roof Coatings, Others
By Application
Residential, Non-residential
By Companies
PPG, Sherwin-Williams, Gardner-Gibson, DowDuPont, Jotun, GAF, DuluxGroup, Polyglass, RPM, Selena, BASF SE, National Coatings, Henry Company, Gaco Western, EVERROOF, Karnak, DT Tabernacle New Energy Saving Materials, Alco Products, LLC, EPOX-Z Corporation, Nippon Paint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Cool Roof Coating Market Report Segments:
The global Cool Roof Coating market is segmented on the basis of:
Types
Acrylic Cool Roof Coatings, Silicone Cool Roof Coatings, Aluminum Cool Roof Coatings, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG
- Sherwin-Williams
- Gardner-Gibson
- DowDuPont
- Jotun
- GAF
- DuluxGroup
- Polyglass
- RPM
- Selena
- BASF SE
- National Coatings
- Henry Company
- Gaco Western
- EVERROOF
- Karnak
- DT Tabernacle New Energy Saving Materials
- Alco Products, LLC
- EPOX-Z Corporation
- Nippon Paint
Highlights of The Cool Roof Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Cool Roof Coatings
- Silicone Cool Roof Coatings
- Aluminum Cool Roof Coatings
- Others
- By Application:
- Residential
- Non-residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cool Roof Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cool roof coating is a type of roofing that uses a coolant to help keep the roof surface cooler in summer and warmer in winter. This can reduce energy costs for cooling and heating, as well as improve air quality.
Some of the major companies in the cool roof coating market are PPG, Sherwin-Williams, Gardner-Gibson, DowDuPont, Jotun, GAF, DuluxGroup, Polyglass, RPM, Selena, BASF SE, National Coatings, Henry Company, Gaco Western, EVERROOF, Karnak, DT Tabernacle New Energy Saving Materials, Alco Products, LLC, EPOX-Z Corporation, Nippon Paint.
The cool roof coating market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cool Roof Coating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cool Roof Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cool Roof Coating Market - Supply Chain
4.5. Global Cool Roof Coating Market Forecast
4.5.1. Cool Roof Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cool Roof Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cool Roof Coating Market Absolute $ Opportunity
5. Global Cool Roof Coating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cool Roof Coating Market Size and Volume Forecast by Type
5.3.1. Acrylic Cool Roof Coatings
5.3.2. Silicone Cool Roof Coatings
5.3.3. Aluminum Cool Roof Coatings
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cool Roof Coating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cool Roof Coating Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Non-residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cool Roof Coating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cool Roof Coating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cool Roof Coating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cool Roof Coating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cool Roof Coating Demand Share Forecast, 2019-2026
9. North America Cool Roof Coating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cool Roof Coating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cool Roof Coating Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Non-residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cool Roof Coating Market Size and Volume Forecast by Type
9.7.1. Acrylic Cool Roof Coatings
9.7.2. Silicone Cool Roof Coatings
9.7.3. Aluminum Cool Roof Coatings
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cool Roof Coating Demand Share Forecast, 2019-2026
10. Latin America Cool Roof Coating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cool Roof Coating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cool Roof Coating Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Non-residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cool Roof Coating Market Size and Volume Forecast by Type
10.7.1. Acrylic Cool Roof Coatings
10.7.2. Silicone Cool Roof Coatings
10.7.3. Aluminum Cool Roof Coatings
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cool Roof Coating Demand Share Forecast, 2019-2026
11. Europe Cool Roof Coating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cool Roof Coating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cool Roof Coating Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Non-residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cool Roof Coating Market Size and Volume Forecast by Type
11.7.1. Acrylic Cool Roof Coatings
11.7.2. Silicone Cool Roof Coatings
11.7.3. Aluminum Cool Roof Coatings
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cool Roof Coating Demand Share, 2019-2026
12. Asia Pacific Cool Roof Coating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cool Roof Coating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cool Roof Coating Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Non-residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cool Roof Coating Market Size and Volume Forecast by Type
12.7.1. Acrylic Cool Roof Coatings
12.7.2. Silicone Cool Roof Coatings
12.7.3. Aluminum Cool Roof Coatings
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cool Roof Coating Demand Share, 2019-2026
13. Middle East & Africa Cool Roof Coating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cool Roof Coating Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cool Roof Coating Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Non-residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cool Roof Coating Market Size and Volume Forecast by Type
13.7.1. Acrylic Cool Roof Coatings
13.7.2. Silicone Cool Roof Coatings
13.7.3. Aluminum Cool Roof Coatings
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cool Roof Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cool Roof Coating Market: Market Share Analysis
14.2. Cool Roof Coating Distributors and Customers
14.3. Cool Roof Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PPG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sherwin-Williams
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gardner-Gibson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DowDuPont
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jotun
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GAF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DuluxGroup
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Polyglass
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RPM
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Selena
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BASF SE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. National Coatings
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Henry Company
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Gaco Western
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. EVERROOF
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Karnak
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. DT Tabernacle New Energy Saving Materials
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Alco Products, LLC
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. EPOX-Z Corporation
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nippon Paint
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
