Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Cool Roof Coating Market by Type (Acrylic Cool Roof Coatings, Silicone Cool Roof Coatings, Aluminum Cool Roof Coatings, Others), By Application (Residential, Non-residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Cool Roof Coating Market by Type (Acrylic Cool Roof Coatings, Silicone Cool Roof Coatings, Aluminum Cool Roof Coatings, Others), By Application (Residential, Non-residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143434 3300 Chemical & Material 377 238 Pages 4.5 (48)
                                          

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.


Global Cool Roof Coating Industry Outlook


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:

  1. PPG
  2. Sherwin-Williams
  3. Gardner-Gibson
  4. DowDuPont
  5. Jotun
  6. GAF
  7. DuluxGroup
  8. Polyglass
  9. RPM
  10. Selena
  11. BASF SE
  12. National Coatings
  13. Henry Company
  14. Gaco Western
  15. EVERROOF
  16. Karnak
  17. DT Tabernacle New Energy Saving Materials
  18. Alco Products, LLC
  19. EPOX-Z Corporation
  20. Nippon Paint

Global Cool Roof Coating Market Overview


Highlights of The Cool Roof Coating Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Acrylic Cool Roof Coatings
    2. Silicone Cool Roof Coatings
    3. Aluminum Cool Roof Coatings
    4. Others
  1. By Application:

    1. Residential
    2. Non-residential
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Cool Roof Coating Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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