The main objective of this Cool Roof Coating Market study is to offer a detailed assessment of the business based on type, sector as well as geography. The researchers analyzing different elements associated with the business further offer extensive data regarding various factors such as opportunities, drivers, restraints and challenges influencing the growth rate of the Cool Roof Coating industry.
The global cool roof coating market is expected to reach a market size of USD 6.71 Billion at a steady CAGR of 7.7% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to rising government initiatives to support green building installation, a shift in consumer preference for long-lasting color coatings, rising energy consumption, and rising global warming, all of which has boosted the market\'s adoption of cool roof coatings. This trend is expected to continue during the forecast period.
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Global Cool Roof Coating Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- RD Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Cool Roof Coating market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Cool Roof Coating market and pinpoint the fundamental growth trends.
Key Companies Profiled in the Report are:
The Dow Chemical Company, Sika Sarnafil, Nutech Paints, KST Coatings, Nippon Paints Holdings Co. Ltd., Wacker Chemie AG, PPG Industries, Inc., Monarch Industries, Sherwin-Williams, and GAF Materials
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
Market Overview:
The report bifurcates the Cool Roof Coating market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Water Based
- Solvent Based
Application Outlook (Revenue, USD Billion; 2018–2028)
- Low-sloped
- Steep-sloped
- Others
Product Outlook (Revenue, USD Billion; 2018–2028)
- IR Reflective/Colored
- Elastomeric/White
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Report Highlights:
- In April 2021, the Dow Chemical Company Ltd., world\'s premier materials science firm introduced VORASURF Silicone Surfactants, which are low cyclic and low volatile to help its customers handle expanding market interest in lightweight flexible foams. Formulators are searching for more innovative cell control solutions that offer lightweight, low emissions, and high comfort memory and traditional foams as a result of online mattress-in-a-box buying experience, which offers more customizable items delivered straight to their homes.
- In April 2020, Sika Sarnafil, leading supplier of innovative adhesive and sealant solutions for automotive and commercial vehicles, introduced SikaTack ELITE and Sikaflex 268 PowerCure are two new revolutionary adhesive technologies for automobile glass repair applications. This unique solution was created to combine benefits of a two-component system with the simplicity and ease of use of a one-component product.
- Water based segment accounted for largest revenue share in the cool roof coating market in 2020. Increasing number of contractors, specifies, and end-users need to fully comprehend performance requirements of systems as well as different technical, manufacturing, and installation difficulties that either ensure or compromise required performance.
- Market revenue growth rate for low-sloped roofs is expected to accelerate substantially. Increased penetration of low-sloped roofing systems has resulted from increased awareness of necessity of green building construction, as well as strict rules regarding roofing materials for industrial and commercial structures.
- Elastomeric coating business segment’s dominant market position can be due to its compatibility with practically all types of roof constructions
- North America accounted for largest revenue share contribution to the global cool roof coating market in 2020. Rising concern regarding awareness of energy consumption and growing need of green building construction increases demand of cool roof coating market in the region.
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