Global Cool Roof Market was valued at USD xx Bn in 2019 and is expected to reach at USD xx Bn by 2027 at a CAGR of xx% over forecast period 2020-2027.

Global Cool Roof Market



Global Cool Roof Market

The report covers an in depth analysis of COVID 19 pandemic impact on Global Cool Roof Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.

Global Cool Roof Market Dynamics:

A cool roof is one that does not warm up in presence of solar radiation (or sunlight) and stays cooler than regular roofs by reflecting the sunlight incident on it and emitting thermal radiation. Cool roofs have the ability to reflect sunlight and reject heat because the roofs are prepared, covered or coated with materials that have special characteristics. Various factors such as increase in usage of eco-friendly cool roofs, growth in construction industry and rising adoption of green building codes by the emerging economies across the globe are driving the market growth over forecast period. Concerns regarding rising carbon emission and energy consumption are encouraging governments to implement regulations for environmentally responsible buildings. These regulations are boosting demand for eco-friendly cool roofs systems across the globe during the forecast period.

However, factors such as less awareness about benefits of cool roofs in underdeveloped countries, high maintenance & repairing cost are restraining the market growth over forecast period.

Global Cool Roof Market is segmented by type, by product, by application and by Region. By type, low slope type held 58.09% market share in 2019 and is expected to keep its dominance over forecast period. Low sloped is mostly installed in commercial and industrial buildings. Depending on the design of a building and structural components, various techniques are used for steep-sloped and low-sloped roofs. In low-sloped systemsmaterials such as coated, foam, built-up roofing systems, modified bitumen, and single-ply membranes to reflect more solar energy into the atmosphere.By application, residential application segment is expected to dominate with xx% of market share over forecast period. Cool roofs provide comfort to the residential building by keeping the building cooler during hot summer months on account of properties such as high thermal emittance (TE) and solar reflectance (SR).

By geography, North America held 39.98% of market share in 2019 and is expected to keep its dominance over forecast period owing to the growing construction industry and renovation activities in the U.S. In addition, increasing adoption of the products to maintain indoor temperatures in the United States and Canada is expected drive the demand over the forecast period.CertainTeed dominated the North America cool roof market in 2019 and is expected to keep its dominance over forecast period. Through the responsible development of innovative and sustainable building products, CertainTeed has helped shape the building products industry for more than 110 years.

Founded in 1904 as General Roofing Manufacturing Company, today, CertainTeed® is North America’s leading brand of exterior and interior building products, including roofing, siding, fence, decking, railing, trim, insulation, gypsum and ceilings. A subsidiary of Saint-Gobain, one of the world’s largest and oldest building products companies, CertainTeed and its affiliates have more than 6,300 employees and more than 60 manufacturing facilities throughout the United States and Canada.

APAC is expected to hold xx% of market share over forecast period. Factors such as increasing construction spending in china and India and increasing consumer disposable income are mainly driving the market growth in this region. The Cool Roof Council(s) in the APAC region is very useful platform to coordinate the development of standardisation methods, policy and research into Cool Roofs. Incentive and regulation through legislation and building codes are viewed as more effective ways of moving the building industry in South East Asia towards widespread implementation of Cool Roof technology.

Report covers in depth analysis of key development, marketing strategies, value chain, supply chain and company profiles of market leaders, potential players and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies’ such as merger& acquisition, collaborations, expansion, joint ventures, strategic alliances, diversification, new product launches, and patent to increase their regional presence and business opeartions.

The objective of the report is to present a comprehensive analysis of the Global Cool Roof Marketincluding all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Cool Roof Market dynamics, structure by analyzing the market segments and project Global Cool Roof Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Cool Roof Market make the report investor’s guide.



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Scope of Global Cool Roof Market

Global Cool Roof Market Segmentation by Type

• Steep-slope roofs
• Low-slope roofs
Global Cool Roof Market Segmentation by Product

• Coated Roofs
• Foam Roofs
• Modified BUR
• Single-ply Membranes
• Asphalt Shingles
• Metal Roofs
• Tiles
• Slates
Global Cool Roof Market Segmentation by Application

• Residential
• Commercial
• Industrial
Global Cool Roof Market Segmentation by Region

• North America
• APAC
• Europe
• MEA& Africa
• South America
Global Cool Roof Market Major Players

• Owens Corning
• GAF
• CertainTeed Corporation
• Tamko Building Products, Inc.
• IKO Industries Ltd.
• ATAS International Inc.
• Henry Company
• PABCO Building Products, LLC.
• Malarkey Roofing
• Polyglass S.p.A



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