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Cool Roof Market Size Projected To Reach $29.11 Billion By 2034 With A Cagr Of 6.1%

06-10-2025 08:58 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Cool Roof

Cool Roof

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What Is the Projected Growth of the Cool Roof Market?
In recent years, the cool roof market has experienced robust growth. The market size is projected to expand from $21.64 billion in 2024 to $23.01 billion in 2025, yielding a compound annual growth rate (CAGR) of 6.3%. This notable growth over the historical period can be accredited to factors such as an uptick in urbanization, enforcement of energy efficiency regulations, escalating demand for passive energy alternatives, increased acceptance of green building protocols, and a burgeoning interest in renewable energy solutions.

Expectations are high for a robust expansion of the cool roof market in the coming years, with projections showing a growth to $29.11 billion by 2029, at a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this predicted growth during the forecast period include the escalating energy costs, worldwide warming and climate shift, government directives and incentives, expanding environmental consciousness, and an upswing in the construction sector. Noticeable trends for the forecast period are the growing demand for environment-friendly building materials, technological progress in roofing materials, advances in cool roof coatings technology, the availability of improved reflective materials, and consumer preference leaning towards eco-friendly solutions.

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What Are the Different Cool Roof Market Segments?
The cool roof market covered in this report is segmented -

1) By Roof Type: Low-Sloped Roofs, Steep-Sloped Roofs, Domed Roofs
2) By Technology: Thermoplastic Olefin (TPO), Ethylene Propylene Diene Monomer (EPDM), Polyvinyl Chloride (PVC), Others Technologies
3) By Application: Residential Buildings, Non-Residential Buildings

Subsegments:
1) By Low-Sloped Roofs: Single-Ply Membranes, Modified Bitumen, Spray Polyurethane Foam, Coated Roof Systems
2) By Steep-Sloped Roofs: Cool Roof Shingles, Metal Roofing, Clay And Concrete Tiles, Slate Tiles, Synthetic Roofing
3) By Domed Roofs: Reflective Coatings, Spray Polyurethane Foam (SPF), Metal Dome Panels, Tensile Fabric Membranes With Reflective Layers

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What Are the Primary Drivers Shaping the Cool Roof Market?
The cool roof market is expected to grow due to the surge in commercial building construction. These buildings, primarily used for profitable business operations like offices, retail shops, restaurants, and other services, are on the rise due to urbanization. As city populations grow, so does the need for office spaces, retail hubs, and service facilities to fuel economic activity. Cool roofs benefit from commercial building construction since they offer large, flat roof surfaces perfect for the installation of reflective roofing materials. This reduces heat absorption, thereby enhancing energy efficiency. For example, a Census Bureau report in April 2025 stated that public construction expenditure was recorded at an annual adjusted rate of $509.3 billion in February, up by 0.2% (±1.8%) from the adjusted January total of $508.1 billion. Consequently, the uptick in commercial building construction is set to propel the cool roof market's expansion.

Which Companies Are Leading in the Cool Roof Market?
Major companies operating in the cool roof market are The Dow Chemical Company, Holcim Ltd., 3M Company, Henkel AG & Co. KGaA, DuPont de Nemours Inc., Sika AG, Owens Corning Inc., Johns Manville Corporation, H.B. Fuller Company, BMI Group, CertainTeed Corporation, GAF Materials Corporation, Tamko Building Products LLC, Henry Company LLC, Polyglass S.p.A., Malarkey Roofing Products, ATAS International Inc., PABCO Building Products LLC, NuTech Paint LLC, Indian Insulation and Engineering, KST Coatings A Division of Sherwin-Williams, Firestone Building Products Company LLC.

What Are the Major Trends Shaping the Cool Roof Market?
Leading firms in the cool roof market are introducing innovative and technologically superior products like energy-efficient cool roof coatings to decrease the indoor cooling expenses. These coatings act as reflective substances when laid on rooftops, straightforwardly cutting down heat absorption which leads to a drop in building temperature and energy consumption. For example, NanoTech Materials Inc., a thermal materials producing company located in the US, launched a next-generation Cool Roof Coating in June 2024. This coating is specifically designed to boost energy efficiency in roofing applications. Through the reduction of heat absorption, this advanced coating drastically improves overall energy efficiency. The coating composition includes a high-quality resin that contains 71% solids, which guarantees durability and long-lasting protection. Moreover, the application process of the coating is simple, as it can be applied by using a spray or roller in a 25-wet-mil layer.

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What Are the Top Revenue-Generating Geographies in the Cool Roof Market?
North America was the largest region in the cool roof market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cool roof market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cool Roof Market?
2. What is the CAGR expected in the Cool Roof Market?
3. What Are the Key Innovations Transforming the Cool Roof Industry?
4. Which Region Is Leading the Cool Roof Market?

Why This Report Matters:

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