Cool Roofs Market Update: Exceeding Expectations of Key Players That Shows Promising Future |Owens Corning, Certain Teed Corporation, GAF Materials Corporation, Tamko Building Products, Inc., IKO Industries Ltd., ATAS International Inc.

Cool roofing is one of the most significant green technologies today. Cool roofs are designed to absorb less heat and reflect more sunlight than standard roofs. The cool roofing systems are used to overcome heat issues. Cool roof systems can be employed to replace existing roof materials or to lower temperature using reflective materials.

Rise in demand for energy-efficient and eco-friendly roofing systems, expansion in the construction industry, and government subsidies and tax benefits are key factors driving the global cool roofs market. The cool roofs market in Asia Pacific has been expanding due to the rapid urbanization, growth in population, and increase in disposable income of middle-class families in the regions. The outlook for the market in Asia Pacific appears promising.

Get more info about “Global Cool Roofs Market Report” by requesting Sample Copy HERE: https://www.worldwidemarketreports.com/sample/248023

Key Players:

Key players profiled in the report on the global cool roofs market are Owens Corning, Certain Teed Corporation, GAF Materials Corporation, Tamko Building Products, Inc., IKO Industries Ltd., ATAS International Inc., Henry Company, PABCO Building Products, LLC., Malarkey Roofing, and Polyglass S.p.A.

For instance, in 2015, Global Construction Perspectives (GCP - provides detailed forecasts of construction providing accurate and valuable analysis and evidence on the future) and Oxford Economics (a leader in global forecasting and quantitative analysis) stated that the global construction market is set to grow by US$ 8 trillion, at an average annual rate of 3.9% by 2030.
Less awareness about benefits of cool roofs is expected to affect the market growth. However, government led initiatives and projects to promote usage of cool roofs are expected boost the global cool roofs market growth.

Market Segmentation:

On the basis of roof type, the global cool roofs market is segmented into:
Coated Roofs
Foam Roofs
Asphalt Shingles
Metal Roofs
Single-Ply Membranes
Modified Bitumen & Built-Up Roofing Systems
Tiles & Slates
Others (Including Clay, Wood Shake, and Concrete)

On the basis of application, the global cool roofs market is segmented into:
Residential
Industrial
Commercial

Regional Analysis:

Asia Pacific holds dominant position in the market for cool roofs and also is the fastest growing market. This is owing to rapid urbanization, surge in disposable income of middle-class people, and growing population in the region. Growing real estate sector in Asia Pacific is also expected to boost the market growth during the forecast period. In 2018, the government of India launched ‘Housing for all by 2022’ program. According to India Brand Equity Foundation, in 2017 the India real estate sector was at US$ 120 billion and is expected to reach market size of US$ 1 trillion by 2030. As a result, significant growth in the construction industry is expected to boost the cool roofs market in the Asia Pacific region during the forecast period.

Want to make an inquiry before purchasing this report and also want a discount? Click HERE: https://www.worldwidemarketreports.com/quiry/248023

THANKS FOR SPENDING YOUR VALUABLE TIME ON THIS VALUABLE PIECE OF INFORMATION!

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

Mr. Shah
Worldwide Market Reports
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S
Tel: +1 415 871 0703
Email:sales@worldwidemarketreports.com

This release was published on openPR.