New Update on Cool Roof Coatings Market 2019 with Global Players: Dow Chemical, Sherwin-Williams, Valspar, Sika Sarnafil, Nippon Paints and Nutech Paints | Forecast to 2025

The Global Cool Roof Coatings Market was valued at USD 3.2 billion in 2017, and is expected to grow at a CAGR of 6.3% by 2025. The market is growing by increasing demand for automobiles in countries such as China, India and North America.

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The major driver for cool roof coatings market is energy savings offered by the cool roof coatings along with the green building environmental codes adopted by most of the governments. Building code adoption which states the minimal energy consumption standards in the U.S. and Europe has generated the cool roof products demand over the past few years. This trend is expected to continue over the forecast period. In hotter regions such as MEA and Asia, cool coatings are seen as the most practical and efficient way of reducing energy consumption.

Cool roof coatings are expensive to manufacture which can propose challenge for the growth of cool roof coating market. Additionally, lack of consumer awareness and absence of strict regulations and guidelines for reducing energy consumption is anticipated to restrain the market growth over the forecast period.

Some of the key players operating in this market include Dow Chemical, Sherwin-Williams, Valspar, Sika Sarnafil, Nippon Paints, Nutech Paints, Monarch Industries and Others.

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Regionally, Asia Pacific is estimated to witness the highest growth over the forecast period owing to lower penetration in the area with Japan as the only country having the specific guidelines and initiatives supporting the cool roofing technology however various governments are implementing green building codes in Australia, China, India and other developing countries in the region. This is expected to trigger the regional growth over the forecast period.

Target Audience:

• Cool Roof Coatings providers
• Traders, Importer and Exporter
• Raw material suppliers and distributors
• Research and consulting firms
• Government and research organizations
• Associations and industry bodies

Key Benefits of the Report:

• Global, Regional, Country, Application, and Deployment Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, deployment & application, and competitive landscape with qualitative and quantitative information and facts

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Research Methodology

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.

We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
• Original Equipment Manufacturer,
• Component Supplier,
• Distributors,
• Government Body & Associations, and
• Research Institute

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