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Cool Roof Trends and Forecast
The future of the global cool roof market looks promising with opportunities in the residential, commercial, and industrial markets. The global cool roof market is expected to reach an estimated $33.7 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rapid expansion of the global construction industry and increased emphasis on green building projects, growing consciousness about energy use and climate change, as well as, increasing significance of energy efficiency and environmental laws pertaining to architecture and building design.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cool Roof by Segment
The study includes a forecast for the global cool roof by roof type, product, application, and region.
Cool Roof Market by Roof Type [Shipment Analysis by Value from 2018 to 2030]:
• Steep-Slope Roofs
• Low-Slope Roofs
Cool Roof Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Coated Roofs
• Foam Roofs
• Modified BUR
• Single-Ply Membranes
• Asphalt Shingles
• Metal Roofs
• Tiles
• Slates
Cool Roof Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
• Others
Cool Roof 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 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 companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cool roof companies profiled in this report include-
• Henry Company
• Tamko Building Products
• Polyglass
• Certain Teed
• PABCO Building Products
• ATAS International
• IKO Industries
• Malarkey Roofing
• GAF
• Owens Corning
Cool Roof Market Insights
Lucintel forecasts that steep-slope roof will remain the larger segment over the forecast period due to the extensive use of cool roof systems in residential buildings, where homeowners place a premium on energy efficiency and cost savings.
North America will remain the largest region over the forecast period due to the rising building sector and remodeling operations, as well as the increasing usage of goods to manage indoor temperatures in North American nations.
Features of the Global Cool Roof Market
Market Size Estimates: Cool roof 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 market size by roof type, product, application, and region in terms of value ($B).
Regional Analysis: Cool roof market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different roof type, product, application, and regions for the cool roof market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cool roof market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cool roof market size?
Answer: The global cool roof market is expected to reach an estimated $33.7 billion by 2030.
Q2. What is the growth forecast for cool roof market?
Answer: The global cool roof market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cool roof market?
Answer: The major drivers for this market are rapid expansion of the global construction industry and increased emphasis on green building projects, growing consciousness about energy use and climate change, as well as, increasing significance of energy efficiency and environmental laws pertaining to architecture and building design.
Q4. What are the major segments for cool roof market?
Answer: The future of the global cool roof market looks promising with opportunities in the residential, commercial, and industrial markets.
Q5. Who are the key cool roof market companies?
Answer: Some of the key cool roof companies are as follows:
• Henry Company
• Tamko Building Products
• Polyglass
• Certain Teed
• PABCO Building Products
• ATAS International
• IKO Industries
• Malarkey Roofing
• GAF
• Owens Corning
Q6. Which cool roof market segment will be the largest in future?
Answer: Lucintel forecasts that steep-slope roof will remain the larger segment over the forecast period due to the extensive use of cool roof systems in residential buildings, where homeowners place a premium on energy efficiency and cost savings.
Q7. In cool roof market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the rising building sector and remodeling operations, as well as the increasing usage of goods to manage indoor temperatures in North American nations.
Q.8 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 market by roof type (steep-slope roofs and low-slope roofs), product (coated roofs, foam roofs, modified bur, single-ply membranes, asphalt shingles, metal roofs, tiles, and slates), application (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 Market, Cool Roof Market Size, Cool Roof Market Growth, Cool Roof Market Analysis, Cool Roof Market Report, Cool Roof Market Share, Cool Roof Market Trends, Cool Roof Market Forecast, Cool Roof 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 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 Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cool Roof Market by Roof Type
3.3.1: Steep-Slope Roofs
3.3.2: Low-slope roofs
3.4: Global Cool Roof Market by Product
3.4.1: Coated Roofs
3.4.2: Foam Roofs
3.4.3: Modified BUR
3.4.4: Single-ply Membranes
3.4.5: Asphalt Shingles
3.4.6: Metal Roofs
3.4.7: Tiles
3.4.8: Slates
3.5: Global Cool Roof Market by Application
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 Market by Region
4.2: North American Cool Roof Market
4.2.2: North American Cool Roof Market by Application: Residential, Commercial, Industrial, and Others
4.3: European Cool Roof Market
4.3.1: European Cool Roof Market by Roof Type: Steep-Slope Roofs and Low-slope roofs
4.3.2: European Cool Roof Market by Application: Residential, Commercial, Industrial, and Others
4.4: APAC Cool Roof Market
4.4.1: APAC Cool Roof Market by Roof Type: Steep-Slope Roofs and Low-slope roofs
4.4.2: APAC Cool Roof Market by Application: Residential, Commercial, Industrial, and Others
4.5: ROW Cool Roof Market
4.5.1: ROW Cool Roof Market by Roof Type: Steep-Slope Roofs and Low-slope roofs
4.5.2: ROW Cool Roof Market by Application: Residential, Commercial, Industrial, 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 Market by Roof Type
6.1.2: Growth Opportunities for the Global Cool Roof Market by Product
6.1.3: Growth Opportunities for the Global Cool Roof Market by Application
6.1.4: Growth Opportunities for the Global Cool Roof Market by Region
6.2: Emerging Trends in the Global Cool Roof Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cool Roof Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cool Roof Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Henry Company
7.2: Tamko Building Products
7.3: Polyglass
7.4: Certain Teed
7.5: PABCO Building Products
7.6: ATAS International
7.7: IKO Industries
7.8: Malarkey Roofing
7.9: GAF
7.10: Owens Corning
.
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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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