A new Fact.MR study foresees promising growth prospects for the cool roof coating market, with a volume increase in 2018 over 2017 estimated at nearly 39,000 MT. Cool roof coatings have emerged as effective remedy to urbanization challenges, with elevating energy demand and scorching temperatures across tropical and subtropical regions. Additionally, cool roof coatings significantly aid in offsetting strain on electric grids owing to increasing demand for cooling and air conditioning abreast rising living standards.
Elastomeric plastic has traditionally reigned supreme among roofing materials in the cool roof coating market. Over 6 in 10 MT of cool roof coatings seek demand from these roofing materials, with global sales estimated at over 400,000 MT in 2018. Relative superiority of elastomeric plastic in terms of performance over its counterparts, such as tiles and metals, continues to underpin its supremacy in the cool roof coating market.
In this cool roof coating market study, the following years are considered to predict the market footprint:
- History Year: 2013-2017
- Base Year: 2013
- Estimated Year: 2027
- Forecast Year: 2019 – 2027
The business intelligence study of the cool roof coating market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the cool roof coating market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the cool roof coating market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico)
- Western Europe (U.K., Italy)
- Eastern Europe (Russia, Poland)
The key players in the global cool roof coating market report consist of
- Sherwin Williams
- Valspar Corporation
- Nippon Paints
- Monarch Industries
- GAF Materials
- DowDupont
- Nutech Paints
- Excel Coatings
- PPG Industries Inc
- Akzo Nobel
- Sika AG
- Asian Paints Ltd.
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Each market player encompassed in the cool roof coating market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the cool roof coating market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.
On the basis of technology type, the global cool roof coating market report covers the footprint, and consumption of the segments including
- Water-based
- Solvent-based
The global cool roof coating market covers the demand trends of material which includes
- Elastomeric plastic
- Tiles
- Metals
What insights readers can gather from the cool roof coating market report?
- A critical study of the cool roof coating market on the basis of technology, material and region.
- Learn the behavior pattern of every cool roof coating market player – product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global cool roof coating market landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
The cool roof coating market report answers the following queries:
- Which players hold the significant cool roof coating market share and why?
- What strategies are the cool roof coating market players forming to gain a competitive edge?
- Why region is expected to lead the global cool roof coating market?
- What factors are negatively affecting the cool roof coating market growth?
- What will be the value of the global cool roof coating market by the end of 2027?
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Over 6 in 10 MT of cool roof coatings seek demand from these roofing materials, with global sales estimated at over 400,000 MT in 2018.
Relative superiority of elastomeric plastic in terms of performance over its counterparts, such as tiles and metals, continues to underpin its supremacy in the cool roof coating market.After reading the cool roof coating market report, readers get insight into:Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the cool roof coating marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potentialGains Remain Relatively Larger from Low-Sloped RoofsFact.MR study estimates cool roof coating sales for low-sloped roofs to exceed 395,000 MT in 2018.
Low-sloped roofs are a common visual in industrial and commercial buildings, and as construction activities in these sectors continue on an upward spiral alongside urbanization, demand for cool roof coatings for low-sloped roofs will remain significant.
However, the advent of advanced techniques and quick-drying colored coatings have attracted various consumers to use cool roof coatings, to curtail expenditure on energy in summers,” says a lead analyst at Fact.MR.Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S_id=2364The cool roof coating market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.
Key regions covered comprise:North AmericaLatin AmericaWestern EuropeEastern EuropeMEAThe evaluation of the competitive landscape in the cool roof coating market covers the profile of the following top players: Sherwin WilliamsValspar CorporationMonarch IndustriesGAF MaterialsNutech PaintsNippon PaintsDowDupontPPG Industries IncAkzo NobelSika AGAsian Paints Ltd.BASF SENational Coating CorporationKansai Paints Co. LtdPivotal Role of Cool Roof Coatings in Urban ResilienceAs impacts of climate change become increasingly visible, investment in sustainable technologies have spurred worldwide for improving resilience of cities.
Application of cool roof coating to complement a building structure’s environmental performance along with installations of solar panels continues to gain high focus among prominent cities across the globe.
Global cool roof coating market is expected to reach USD 5.41 billion by 2025.
Cool roof coating is a white or bright colored coating that absorbs less heat, reduces energy consumption, and reflects more sunlight.
The cool roof coating market is estimated to grow at a significant CAGR of 7.0% over the forecast period as the scope and its applications are rising enormously across the globe.The factors that are playing a major role in the growth of cool roof coating market are the increasing construction activities across the globe, the rising use of green roof coating technology, and rise in R activities.
However, issues related to the long-term durability of cool roof coatings are likely to restrain overall market growth in the years to come.
Cool roof coating industry is segmented based on product type, application, end-user, and region.IR reflective/colored and elastomeric/white are the product types that could be explored in cool roof coating in the forecast period.
Elastomeric coats sector accounted for the significant market share of cool roof coating and is estimated to lead the overall market in the years to come.
A detailed study by Fact.MR on the Cool Roof Coating market provides an in-depth evaluation of various growth drivers, trends, and opportunities, the prevailing regulatory landscape in various regions, and the competitive scenario amidst the COVID-19 pandemic.
The report provides insight into the major drivers and key restraining factors, emerging trends, and sources of new revenue streams over the assessment period.
It provides insights into key trends and favorable macroeconomic frameworks in prominent revenue-generating regions.
It provides a detailed scenario of the existing demand and consumption patterns of various key product types.
The key segments covered are: Water-basedSolvent-basedThe study takes a closer look at the nature of demand in various key application areas and highlights major technological innovations in particular to certain areas.
Companies covered in the study includeSherwin WilliamsValspar CorporationNippon PaintsMonarch IndustriesTo Know More Information about This Report, Ask The Analyst @ https://www.factmr.com/connectus/sample?flag=AE_id=2364How Insights and Analysis by Fact.MR Make Difference?
Cool Roof Paint is one such way to keep your building cool and comfortable.
This innovative paint, a product of Indian insulation and engineering, is a heat reflective, roof restoration coating paint.
It is a water-based co-polymer compound that contains passive pigments and special filters and is ideal for metal or tiled roofs.With excellent adhesion properties, Cool Roof is impermeable to micro, salt spray, resistant to air pollution and does not promote mould or fungal growth.
This durable product is designed to handle the toughest conditions, meaning it will not layer or peel.
Whether you live by the sea, in the north or in the south, Cool Roof Paint and Coating is a long-lasting product that gives exceptional results, keeping your home cool even on the hottest days.
Indian Insulation and Engineering is a Leading Manufacturer Company of Paint products.
That is offering the Cool Roof Paint, It is Heat reflective paint that reduces the heat from the roof.
Moreover, it is a thermal cool coating that is applied from the roof.
That is to Keep the building Cool on summer days.
