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Cool Roof Coating Trends and Forecast
The future of the global cool roof coating market looks promising with opportunities in the low-sloped and steep-sloped markets. The global cool roof coating market is expected to reach an estimated $6.7 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing adoption of green building codes by the emerging economies across the globe, increasing concerns regarding growing carbon emission and energy consumption, and urging governments to enact laws governing ecologically friendly construction.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cool Roof Coating by Segment
The study includes a forecast for the global cool roof coating by product type, application, end use industry, and region.
Cool Roof Coating Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Elastomeric/White
• IR Reflective/Coloured
Cool Roof Coating Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Low-Sloped
• Steep-Sloped
• Others
Cool Roof Coating Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
• Others
Cool Roof Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cool Roof Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cool roof coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cool roof coating companies profiled in this report include-
• NuTech Paint
• Valspar
• Sika
• Excel Coatings
• Indian Insulation & Engineering
Cool Roof Coating Market Insights
Lucintel forecasts that elastomeric/white is expected to witness the highest growth over the forecast period due to its increased consumer demand for energy-efficient roofing systems and improved product performance.
North America is expected to witness highest growth over the forecast period due to fast implementation of building codes and growing awareness in regards with the building energy consumption among consumers.
Features of the Global Cool Roof Coating Market
Market Size Estimates: Cool roof coating market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cool roof coating market size by product type, application, end use industry, and region in terms of value ($B).
Regional Analysis: Cool roof coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, end use industry, and regions for the cool roof coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cool roof coating market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cool roof coating market size?
Answer: The global cool roof coating market is expected to reach an estimated $6.7 billion by 2030.
Q2. What is the growth forecast for cool roof coating market?
Answer: The global cool roof coating market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cool roof coating market?
Answer: The major drivers for this market are increasing adoption of green building codes by the emerging economies across the globe, increasing concerns regarding growing carbon emission and energy consumption, and urging governments to enact laws governing ecologically friendly construction.
Q4. What are the major segments for cool roof coating market?
Answer: The future of the cool roof coating market looks promising with opportunities in the low-sloped and steep-sloped markets.
Q5. Who are the key cool roof coating market companies?
Answer: Some of the key cool roof coating companies are as follows:
• NuTech Paint
• Valspar
• Sika
• Excel Coatings
• Indian Insulation & Engineering
Q6. Which cool roof coating market segment will be the largest in future?
Answer: Lucintel forecasts that elastomeric/white is expected to witness the highest growth over the forecast period due to its increased consumer demand for energy-efficient roofing systems and improved product performance
Q7. In cool roof coating market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to fast implementation of building codes and growing awareness in regards with the building energy consumption among consumers.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cool roof coating market by product type (elastomeric/white and IR reflective/coloured), application (low-sloped, steep-sloped, and others), end use industry (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cool Roof Coating Market, Cool Roof Coating Market Size, Cool Roof Coating Market Growth, Cool Roof Coating Market Analysis, Cool Roof Coating Market Report, Cool Roof Coating Market Share, Cool Roof Coating Market Trends, Cool Roof Coating Market Forecast, Cool Roof Coating Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Cool Roof Coating Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cool Roof Coating Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cool Roof Coating Market by Product Type
3.3.1: Elastomeric/White
3.3.2: IR Reflective/Coloured
3.4: Global Cool Roof Coating Market by Application
3.4.1: Low-Sloped
3.4.2: Steep-Sloped
3.4.3: Others
3.5: Global Cool Roof Coating Market by End Use Industry
3.5.1: Residential
3.5.2: Commercial
3.5.3: Industrial
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cool Roof Coating Market by Region
4.2: North American Cool Roof Coating Market
4.2.2: North American Cool Roof Coating Market by Application: Low-Sloped, Steep-Sloped, and Others
4.3: European Cool Roof Coating Market
4.3.1: European Cool Roof Coating Market by Product Type: Elastomeric/White and IR Reflective/Coloured
4.3.2: European Cool Roof Coating Market by Application: Low-Sloped, Steep-Sloped, and Others
4.4: APAC Cool Roof Coating Market
4.4.1: APAC Cool Roof Coating Market by Product Type: Elastomeric/White and IR Reflective/Coloured
4.4.2: APAC Cool Roof Coating Market by Application: Low-Sloped, Steep-Sloped, and Others
4.5: ROW Cool Roof Coating Market
4.5.1: ROW Cool Roof Coating Market by Product Type: Elastomeric/White and IR Reflective/Coloured
4.5.2: ROW Cool Roof Coating Market by Application: Low-Sloped, Steep-Sloped, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cool Roof Coating Market by Product Type
6.1.2: Growth Opportunities for the Global Cool Roof Coating Market by Application
6.1.3: Growth Opportunities for the Global Cool Roof Coating Market by End Use Industry
6.1.4: Growth Opportunities for the Global Cool Roof Coating Market by Region
6.2: Emerging Trends in the Global Cool Roof Coating Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cool Roof Coating Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cool Roof Coating Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: NuTech Paint
7.2: Valspar
7.3: Sika
7.4: Excel Coatings
7.5: Indian Insulation & Engineering
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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