Cool Roof Coatings Industry Is Projected To Reach USD 8.3 Billion by 2032 | Fact.MR

The cool roof coatings market is anticipated to develop at a CAGR of 6.8% from 2022 to 2032, from an estimated USD 4.5 billion in 2022 to USD 8.3 billion by 2032.The global maple water market was valued at over US$ 200 Mn in 2020.

Download Free Sample Copy of This Report:

https://www.factmr.com/connectus/sample?flag=S&rep_id=2364

The overall paints & coatings industry, cool roof coatings captured around ~3% share as of 2021, says Fact.MR- a market research and competitive intelligence provider.

Upsurge in the adoption of green building codes by developed and developing countries across the globe is anticipated to propel the cool roof coatings demand. Growing concern towards energy consumption and carbon emission encourages governments to support green buildings establishments. The affirmation factor is anticipated to open up the market for cool roof coatings over the forecast period.

Competitive landscape

Revenues of the cool roof coating market will remain clustered among Tier 2 players, who currently account for over 50% of overall cool roof coating sales worldwide.

These cool roof coating manufacturers including Nutech Coatings, and Kansai Paints Co. Ltd, have consolidated their position in Asia-Pacific and Europe. Advertisements and marketing campaigns are key expansion strategies of the Tier 2 players, for creating brand awareness among end-users.
Tier 1 manufacturers of cool roof coating will hold nearly 38% market share in 2021, owing to their robust distribution channel and economic vigor.

Key Companies Profiled:

• Sherwin Williams
• Valspar Corporation
• Nippon Paints
• Monarch Industries
• GAF Materials
• DowDupont
• Nutech Paints
• Excel Coatings
• PPG Industries Inc.
• Akzo Nobel
• Sika AG

Share Your Requirements & Get Customized Reports:

https://www.factmr.com/connectus/sample?flag=RC&rep_id=2364

"Rising in Demand for Cool Roof Coating Industry"

Cool roof coatings are a type of roof coating that is designed to reflect the sun's rays and reduce the amount of heat absorbed by the roof. This type of coating is becoming increasingly popular due to its ability to reduce energy costs, improve the comfort of buildings, and reduce the environmental impact of buildings.

The demand for cool roof coatings is rising due to the increasing awareness of their benefits, as well as the increasing cost of energy. Additionally, government incentives and regulations are driving the demand for cool roof coatings, as they are seen as a way to reduce energy consumption and emissions. As more people become aware of the benefits of cool roof coatings, the demand for them is expected to continue to rise.

Full Access to this Report Is Available:

https://www.factmr.com/checkout/2364

Key Segments :

• By Roof Type

o Low-slope type
o Steep-slope type

• By Material Type

o Elastomeric Plastic
o Silicon
o Tiles
o Metals

• By Technology

o Water-based
o Solvent-based

• By Application

o Residential
o Commercial
o Hospitality
o Healthcare

Questionnaire answered in the report include:

• How the industry has grown?
• What is the present and future outlook on the basis of region?
• What are the challenges and opportunities?
• Why the consumption in region?
• In which year segment is expected to overtake segment?

Explore Fact.MR's More Insights on the Chemical And Materials Domain

Chlor-Alkali Market : https://www.prnewswire.co.uk/news-releases/worldwide-chlor-alkali-production-to-surpass-500-million-tons-by-2031-from-under-400-million-ton-in-2020-863519054.html

Biosolids Market : https://www.prnewswire.com/news-releases/biosolids-continue-to-replace-chemical-fertilizer-demand-to-surpass-us-2-4-billion-by-2031--301402235.html

Monoethylene Glycol Market : https://www.prnewswire.com/news-releases/monoethylene-glycol-meg-demand-to-surge-at-5-4-cagr-amid-burgeoning-demand-for-polyester-fibre-301617817.html

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of industry research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.