Global Cool Roof Coatings Market was valued at USD 3.3 million in 2018 and is expected to register a CAGR of 7.2% from 2019 to 2024
Cool Roof Coatings Market Overview
Cool Roof Coatings Market has been segmented on the basis of product type, roof slope, application, and region.
By product type, the global cool roof coatings market has been classified into elastomeric and IR reflective. Among these, the elastomeric segment accounted for the largest market share and was the fastest growing segment in 2018. The segment is expected to maintain its dominance during the review period, owing to the relatively low cost of production as compared to the other materials. Additionally, the application of the elastomeric cool roof coating is easy and less labor intensive, which is also expected to contribute to the growth of the elastomeric segment during the forecast period.
Get Free Sample Request @ https://www.marketresearchfuture.com/sample_request/7832
On the basis of roof type, the global cool roof coatings market has been classified into low-sloped roof, steep-sloped roof, and others. The low-sloped roof is the most commonly used type of roofing in the industrial buildings as it prevents water collection on the roof during the rainy seasons and is also proved to be ideal for industrial buildings. Hence, the use of high-performance cool coatings on a low-sloped roof appears to be highly beneficial in buildings. The segment is expected to grow at a significant rate during the forecast period.
Based on application, the global cool roof coatings market has been divided into residential, commercial, and industrial. The industrial segment held the largest share and was the fastest growing segment in 2018, due to the increasing use of cool roof coatings in industrial buildings. The adoption of cool roof coatings in industrial buildings is high in North America. The adoption of new technologies to execute thermal management in buildings was witnessed largely in the US & Canada in 2018. The emerging economies of Asia-Pacific are also responsible for the growth of the industrial segment due to growing urbanization and environmental awareness in this region. Countries such as India and China are adopting cool roof coating, particularly in industries to save energy and enable thermal management in the buildings. The segment is projected to continue its growth during the review period.
Market Players:
Some of the key players operating in the global cool roof coatings market are BASF SE (Germany), Akzo Nobel NV (Netherlands), RPM International Inc. (US), The Sherwin-Williams Company (US), Hempel A/S (Denmark), The Dow Chemical Company (US), Wacker Chemie AG (Germany), Sika AG (Switzerland), Nippon Paint Holdings Co., Ltd (Japan), Valspar (US), Nutech Paints (US), GAF (US), Monarch Industries Ltd (Canada), and Excel Coatings (India).
Regional Analysis:
The global cool roof coatings market has been spanned across five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America held the largest share of the global cool roof coatings market in 2018 and is projected to continue the trend during the forecast period. Asia-Pacific held the second-largest share and was the fastest growing regional market in 2018, owing to the growing use of cool roof coatings in the industrial buildings. The European market is expected to witness considerable growth, and the Latin American market is expected to record moderate growth during the forecast period. The Middle East & African market is projected to witness sluggish growth during the review period.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/cool-roof-coatings-market-7832
Table of Contents:
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics Of Global Cool Roof Coatings Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis Of Global Cool Roof Coatings Market
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers/Producers
5.1.3 Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End Users
5.2 Porter’s Five Forces Analysis
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Buyers
5.2.3 Bargaining Power Of Suppliers
5.2.4 Threat Of Substitutes
5.2.5 Intensity Of Competitive Rivalry
LIST OF TABLES:
Table 1 Global Cool Roof Coatings Market, By Region, 2016−2024
Table 2 North America: Cool Roof Coatings Market, By Country, 2016−2024
Table 3 Europe: Cool Roof Coatings Market, By Country, 2016−2024
Table 4 Asia-Pacific: Cool Roof Coatings Market, By Country, 2016−2024
Table 5 Middle East & Africa: Cool Roof Coatings Market, By Country, 2016−2024
Table 6 Latin America: Cool Roof Coatings Market, By Country, 2016−2024
Table 7 Global Cool Roof Coatings Product Type Market, By Regions, 2016−2024
Table 8 North America: Cool Roof Coatings Product Type Market, By Country, 2016−2024
Table 9 Europe: Cool Roof Coatings Product Type Market, By Country, 2016−2024
Table10 Asia-Pacific: Cool Roof Coatings Product Type Market, By Country, 2016−2024
Table11 Middle East & Africa: Cool Roof Coatings Product Type Market, By Country, 2016−2024
Table12 Latin America: Cool Roof Coatings Product Type Market, By Country, 2016−2024
LIST OF FIGURES:
FIGURE 1 Global Cool Roof Coatings Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis Of Global Cool Roof Coatings Market
FIGURE 4 Value Chain Of Global Cool Roof Coatings Market
FIGURE 5 Share Of Global Cool Roof Coatings Market In 2017, By Country (%)
FIGURE 6 Global Cool Roof Coatings Market, 2016−2024
FIGURE 7 Global Cool Roof Coatings Market Size, By Product Type, 2017
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]