Electricity-free Cooling Materials Market Research: at a CAGR of 28.8% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Electricity-free Cooling Materials- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global Electricity-free Cooling Materials market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Electricity-free Cooling Materials was estimated to be worth US$ 21.54 million in 2025 and is projected to reach US$ 123 million, growing at a CAGR of 26.5% from 2026 to 2032.

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Electricity-free Cooling Materials Market Summary: A Disruptive Force in Sustainable Cooling

1. Core Technology & Value Proposition
Electricity-free Cooling Materials, also known as Passive Daytime Radiative Cooling (PDRC) materials, represent a breakthrough in thermal management. These innovative materials cool surfaces passively by performing two critical functions simultaneously: reflecting over 90% of incoming solar radiation and emitting absorbed heat as infrared radiation directly into the cold universe. This process occurs without any energy input, enabling surfaces to remain below ambient air temperature even in full sunlight. The primary value lies in slashing energy consumption for cooling, reducing carbon emissions, and mitigating urban heat.

2. Explosive Market Growth Forecast
The global market for these materials is poised for exponential growth, projected to expand at a remarkable Compound Annual Growth Rate (CAGR) of 28.8%. It is expected to surge from a niche segment to an estimated market value exceeding USD 106 million by 2030. This trajectory underscores the significant commercial and environmental potential being recognized worldwide.

3. Competitive Landscape & Market Concentration
The market is currently characterized by high concentration and emerging specialization. In 2024, the top three players collectively commanded approximately 59% of global revenue, indicating a market led by pioneering technology firms. Key innovators driving the space include companies like SPACE COOL and Azure Era, who are establishing early benchmarks in performance and application.

4. Product Segmentation: Membranes Lead the Way
The market is segmented by product form, with specific types dominating initial adoption:

Membranes/Films: The dominant product segment, holding a 65.3% share. These are widely used for roofing, facades, and retrofitting existing structures due to their ease of application and scalability.

Coatings & Paints: Gaining traction for building envelopes and infrastructure.

Textiles & Other Forms: Emerging for specialized applications in apparel, agriculture, and electronics cooling.

5. Primary Application: The Construction Industry
The Construction Industry is the unequivocal leading application segment, accounting for 38.5% of demand. This is driven by applications on:

Commercial & Residential Roofing: Directly reducing building cooling loads.

Building Facades: Improving envelope efficiency.

Infrastructure Projects: Cooling roads, pavements, and public spaces to combat urban heat islands.

Other key application sectors include Transportation (for vehicle cabins and exteriors), Electronics (for passive thermal management), and Agriculture (for greenhouse and storage cooling).

6. Regional Market Dynamics
While a global phenomenon, market adoption is strongest in regions with:

High cooling demand and prolonged sunshine.

Stringent energy efficiency regulations and sustainability policies.

Advanced construction and materials industries.
North America, Asia-Pacific, and Europe are the focal points for early commercialization and pilot projects.

7. Key Market Drivers

Policy Push for Net-Zero: Global carbon reduction targets are mandating energy-efficient building codes and retrofits.

Soaring Global Cooling Demand: Rising temperatures and urbanization exponentially increase the need for sustainable cooling solutions.

Urban Heat Island Mitigation: City-level initiatives are proactively funding technologies to lower ambient temperatures.

Peak Load & Grid Resilience: Utilities value technologies that reduce summer electricity demand without adding load.

Product Differentiation: Materials manufacturers are leveraging this technology to create premium, high-performance product lines.

8. Critical Market Restraints & Challenges

Market Education Gap: The technology is often misunderstood as standard reflective coating, slowing specification and adoption.

Supply Chain Immaturity: Scaling from lab to consistent, high-volume manufacturing with guaranteed long-term durability remains a hurdle.

Lack of Standardization: Absence of uniform testing protocols and performance metrics complicates procurement, policy integration, and ROI calculations.

Unproven Business Models: The transition from product sales to performance/energy-saving contracts is nascent, affecting financing and large-scale project viability.

Conclusion
The Electricity-free Cooling Materials market is transitioning from innovative science to a commercially scalable climate-tech solution. Dominated by membranes within the construction sector and propelled by urgent climate and energy pressures, it faces typical early-market challenges in education and supply chain maturity. However, with a forecasted growth rate near 30% CAGR, it stands as a critical component in the future of sustainable building, urban design, and global energy resilience.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Electricity-free Cooling Materials market is segmented as below:
By Company
SPACE COOL
Azure Era
i2Cool
MG Energy
Radi-Cool
CSCEC
Pirta
Cryox
3M
AkzoNobel
Aorun Advanced Materials
SKSHU Paint
Nippon Paint
Beixin Jiabaoli Coatings

Segment by Type
Paints
Films
Others

Segment by Application
Construction Industry
Warehousing
Transportation Equipment
Energy and Power Facilities
Others

Each chapter of the report provides detailed information for readers to further understand the Electricity-free Cooling Materials market:

Chapter 1: Introduces the report scope of the Electricity-free Cooling Materials report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2021-2032)
Chapter 2: Detailed analysis of Electricity-free Cooling Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various Electricity-free Cooling Materials market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2021-2032)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2021-2032)
Chapter 5: Sales, revenue of Electricity-free Cooling Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2021-2032)
Chapter 6: Sales, revenue of Electricity-free Cooling Materials in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Electricity-free Cooling Materials competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Electricity-free Cooling Materials comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Electricity-free Cooling Materials market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Electricity-free Cooling Materials Market Research Report 2026
Global Electricity-free Cooling Materials Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032

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