Press release
Cool Roofs Market is set to strong growth for US$ 41.23 billion by 2032- Market Size, Share Analysis, Growth Trends | Key Players:- Sika AG, The Dow Chemical Company, GAF Materials LLC.
The cool roofs market is growing due to rising urban heat, increasing energy costs, stricter building energy regulations, climate change mitigation efforts, demand for sustainable construction, and wider adoption of green building standards across residential, commercial, and industrial sectors.
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United States: Key Industry Developments:-
✅ October 2025: Sherwin-Williams expanded its cool roof coatings portfolio with a new high-reflectivity line designed for urban heat reduction, incorporating advanced nanotechnology to achieve up to 95% solar reflectance and comply with updated ENERGY STAR standards.
✅ September 2025: GAF Materials Corporation launched solar-reflective shingles integrated with cool roof technology, targeting residential retrofits to cut cooling costs by 20-30% in hot climates amid rising energy demands.
✅ August 2025: The U.S. Department of Energy announced expanded incentives for cool roof installations in federal buildings, driving adoption through grants for coatings that lower urban heat islands and support net-zero goals.
Japan: Key Industry Developments:-
✅ October 2025: Nippon Paint introduced a bio-based cool roof coating with 98% reflectivity, tailored for humid climates to enhance energy efficiency in high-rise structures under Japan's Green Building Promotion Law.
✅ September 2025: The Japanese government boosted subsidies for cool roof retrofits in Tokyo's urban areas, funding projects that integrate reflective materials to combat heatwaves and align with 2050 carbon neutrality targets.
✅ August 2025: Kao Corporation debuted an eco-friendly cool roof membrane using recycled plastics, emphasizing durability and low VOC emissions to meet growing demand in sustainable commercial construction
2025 Product Launches in the Cool Roofs Market:-
New Cool Roof Product Line by CertainTeed Corporation
In September 2025, CertainTeed introduced a new cool roof product line made with recycled materials, highlighting sustainability and energy efficiency. This launch is aimed at the environmentally conscious commercial and residential sectors.
BASF's Advanced Reflective Cool Roof Coating
October 2025 saw BASF SE release an updated cool roof coating featuring advanced reflective technology to reduce heat absorption and support urban heat island mitigation. This product showcases improved performance and environmental focus.
GAF's 'CoolRoof Pro' Reflective System
In February 2025, GAF Materials Corporation launched its "CoolRoof Pro" reflective roof coating system targeting high solar reflectance and enhanced durability for commercial applications.
Owens Corning Next-Generation Cool Roof Coating (Residential)
During Q1 2025, Owens Corning unveiled a next-generation cool roof coating specifically designed for residential use, with better UV resistance and energy-saving performance.
The Cool Roofs Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the Cool Roofs Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Consumer Preferences:-
Energy efficiency tops lists, with 70% of buyers citing 25% AC savings as key drivers.
Durability matters; 60% prefer coatings lasting 10+ years over cheaper paints.
Eco-friendliness influences millennials, who favor low-VOC, recyclable options
Companies and Competitive Landscape:-
The major global players in the market include Sika AG, The Dow Chemical Company, GAF Materials LLC, The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., Akzo Nobel N.V., Nutech Paint Pty Ltd, PPG Industries, Inc., Gaco Western LLC, and BASF SE.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Market segmentation:-
By Product
Product segments highlight coatings and membranes as dominant, with cool roof coatings projected at USD 5 billion in 2025, representing around 33% of the broader cool roofs market based on aligned forecasts. Single-ply membranes like TPO and PVC, asphalt shingles, metal roofs, and built-up roofs (BUR) split the rest, with coatings favored for retrofits due to affordability and high reflectance. Acrylic variants within coatings hold 36.1% sub-share, or about USD 1.81 billion, excelling in UV protection across low-slope applications.
By Reflective Coatings
Reflective coatings, a core subset, emphasize acrylics at 36.1% share of their USD 5 billion 2025 market (USD 1.81 billion absolute), prized for durability and energy savings in diverse climates. Other chemistries like silicone or polyurethane trail, supporting the segment's 7.2% CAGR to USD 8.1 billion by 2032 amid sustainability pushes. These coatings integrate across products, reducing cooling needs by reflecting solar radiation effectively.
By End-User
Commercial end-users dominate with 37.81% share in 2024 (around USD 5.77 billion in 2025 terms), fueled by offices, malls, and compliance incentives, while industrial grows fastest at 6.5% CAGR for process heat mitigation. Residential and public sectors comprise the balance, with North America leading regionally at over 40% overall adoption due to regulations.
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FAQs -
1. How big is the Cool Roofs Market?
Cool Roofs Market reached US$23.12 billion in 2024 and is expected to reach US$ 41.23 billion by 2032
2: How fast is the Cool Roof Market growing?
A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 7.50% from 2025 to 2032
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