Research Reports
Cool Roof Coatings Market to Reach US$ 554.21 Mn by 2026
Published by TMR Research Insights
Posted on August 9, 2021
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Published by TMR Research Insights
Posted on August 9, 2021
Cool Roof Coatings Market – Snapshot
Cool roof coatings technology is a system that optimizes the performance of cool roof products by adding new value to existing buildings or new built ones, safeguarding at the same time all the building standards, typologies, and technical properties adopted in different climatic zones by technicians of countries across the globe.
Read report Overview-
https://www.transparencymarketresearch.com/cool-roof-coatings-market.html
Cool roof coatings are a combination of organic and inorganic chemistry, which reflects, scatters, or absorbs radiation. These coatings provide a simple solution to increase building endurance and save cost for building owners. Cool roof coatings lower interior temperature by 6°C to 10°C and roof surface temperature by up to 60°C.
Based on roof slope, the global cool roof coatings market has been bifurcated into low-sloped and steep-sloped. Low-sloped is the dominant segment of the cool roof coatings market. It is anticipated to expand at a rapid pace during the forecast period due to its advantages such as low initial installation cost and less build-up material than the steep-sloped process.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
In terms of application, the global cool roof coatings market has been segmented into residential, commercial, and industrial. The industrial segment accounted for the leading share of the global cool roof coatings market in 2017. The segment is estimated to expand rapidly during the forecast period due to the increase in usage in malls, warehouses, and IT parks.
Request for Covid-19 Impact Analysis on cool roof coatings market:
Based on type, the global cool roof coatings market has been segregated into elastomeric and IR reflective. Elastomeric is the dominant segment of the market, as it offers advantages over IR reflective coatings. For instance, it helps extend the life of the existing roof it covers, maintain roof flexibility in hot and low temperatures, and preserve roof surface from deteriorating effects of the sun’s heat.
Buy our Premium Research Report on cool roof coatings market@
Based on region, the cool roof coatings market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, North America was the leading region of the global cool roof coatings market in 2017. The Cool Roof Rating Council was formed in 1998 in the U.S. It has implemented its regulations in the region. Following this, the European Union established the European Cool Roof Council in 2011 to help reduce carbon footprints. Increase in awareness about building energy consumption and implementation of Leadership in Energy and Environmental Design initiative are estimated to drive the market in Europe in the near future.
More Trending Reports by Transparency Market Research –
Asia Pacific is projected to be a rapidly growing region of the global market, led by the rise in acceptance of green building codes in the region. Increase in construction spending and implementation of green building codes in developing countries in the region is expected to boost the cool roof coatings market during the forecast period. Demand for cool roof coatings in Asia Pacific is anticipated to rise due to the increase in usage of these coatings in residential applications such as housing units and villas. Demand for cool roof coatings is estimated to increase significantly in Middle East & Africa and Latin America in the near future. These regions accounted for small share of the global cool roof coatings market in terms of demand in 2017. However, they are projected to create lucrative opportunities for manufacturers of cool roof coatings in the next few years.
Key players operating in the global cool roof coatings market include DowDuPont, Nutech Paint, Huntsman International LLC, Nippon Paint (M) SDN.BHD, Akzo Nobel N.V., BASF SE, Sika AG, GAF Materials Corporation, PPG Industries Inc., and The Valspar Corporation.
Cool roof coatings is a new age technology that helps in optimizing the overall performance of the cool roof products. The technology adds value to the current buildings or newly developed buildings, protecting and covering it at the same time by adhering the strict building regulations, retaining technical properties, and typologies defined by several climatic zones across the globe. These cool roof coatings are a mixture of both organic as well as inorganic chemistry that absorbs, reflects, and scatters radiation. These coatings offer a very simple solution to improve building’s endurance and reduce cost of the development company. These cool roof coatings can lower the interior temperature of a building by nearly six to ten degrees and the roof surface temperature up to 60 degrees.
The outbreak of the COVID-19 pandemic has had a profound effect on the overall growth of the global cool roof coatings market. With strict lockdowns in place in many countries and regions, the production and logistics of these coatings took a considerable hit. In addition to this, with the growing number of cases, detection and treatment of the COVID-19 virus took a greater precedence. Thus, the lockdowns and other subsequent restrictions derailed the overall development of the global cool roof coatings market.
However, the situation is about to resume back to the normal as the vaccine production is under the way. There has been a gradual economic recovery in North America and Asia Pacific that is expected to help the current sluggish growth of the global market. The companies in the global cool roof coatings market are projected to benefit from the gradual economic recovery and the end user industry demand. Moreover, with gradual ramping up of production, the growth of the global market in the coming months is expected to be on the positive side.
Chemicals & Materials Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in Chemicals & Materials Market @ https://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Cool Roof Coatings Market – Snapshot
Cool roof coatings technology is a system that optimizes the performance of cool roof products by adding new value to existing buildings or new built ones, safeguarding at the same time all the building standards, typologies, and technical properties adopted in different climatic zones by technicians of countries across the globe.
Read report Overview-
https://www.transparencymarketresearch.com/cool-roof-coatings-market.html
Cool roof coatings are a combination of organic and inorganic chemistry, which reflects, scatters, or absorbs radiation. These coatings provide a simple solution to increase building endurance and save cost for building owners. Cool roof coatings lower interior temperature by 6°C to 10°C and roof surface temperature by up to 60°C.
Based on roof slope, the global cool roof coatings market has been bifurcated into low-sloped and steep-sloped. Low-sloped is the dominant segment of the cool roof coatings market. It is anticipated to expand at a rapid pace during the forecast period due to its advantages such as low initial installation cost and less build-up material than the steep-sloped process.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
In terms of application, the global cool roof coatings market has been segmented into residential, commercial, and industrial. The industrial segment accounted for the leading share of the global cool roof coatings market in 2017. The segment is estimated to expand rapidly during the forecast period due to the increase in usage in malls, warehouses, and IT parks.
Request for Covid-19 Impact Analysis on cool roof coatings market:
Based on type, the global cool roof coatings market has been segregated into elastomeric and IR reflective. Elastomeric is the dominant segment of the market, as it offers advantages over IR reflective coatings. For instance, it helps extend the life of the existing roof it covers, maintain roof flexibility in hot and low temperatures, and preserve roof surface from deteriorating effects of the sun’s heat.
Buy our Premium Research Report on cool roof coatings market@
Based on region, the cool roof coatings market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, North America was the leading region of the global cool roof coatings market in 2017. The Cool Roof Rating Council was formed in 1998 in the U.S. It has implemented its regulations in the region. Following this, the European Union established the European Cool Roof Council in 2011 to help reduce carbon footprints. Increase in awareness about building energy consumption and implementation of Leadership in Energy and Environmental Design initiative are estimated to drive the market in Europe in the near future.
More Trending Reports by Transparency Market Research –
Asia Pacific is projected to be a rapidly growing region of the global market, led by the rise in acceptance of green building codes in the region. Increase in construction spending and implementation of green building codes in developing countries in the region is expected to boost the cool roof coatings market during the forecast period. Demand for cool roof coatings in Asia Pacific is anticipated to rise due to the increase in usage of these coatings in residential applications such as housing units and villas. Demand for cool roof coatings is estimated to increase significantly in Middle East & Africa and Latin America in the near future. These regions accounted for small share of the global cool roof coatings market in terms of demand in 2017. However, they are projected to create lucrative opportunities for manufacturers of cool roof coatings in the next few years.
Key players operating in the global cool roof coatings market include DowDuPont, Nutech Paint, Huntsman International LLC, Nippon Paint (M) SDN.BHD, Akzo Nobel N.V., BASF SE, Sika AG, GAF Materials Corporation, PPG Industries Inc., and The Valspar Corporation.
Cool roof coatings is a new age technology that helps in optimizing the overall performance of the cool roof products. The technology adds value to the current buildings or newly developed buildings, protecting and covering it at the same time by adhering the strict building regulations, retaining technical properties, and typologies defined by several climatic zones across the globe. These cool roof coatings are a mixture of both organic as well as inorganic chemistry that absorbs, reflects, and scatters radiation. These coatings offer a very simple solution to improve building’s endurance and reduce cost of the development company. These cool roof coatings can lower the interior temperature of a building by nearly six to ten degrees and the roof surface temperature up to 60 degrees.
The outbreak of the COVID-19 pandemic has had a profound effect on the overall growth of the global cool roof coatings market. With strict lockdowns in place in many countries and regions, the production and logistics of these coatings took a considerable hit. In addition to this, with the growing number of cases, detection and treatment of the COVID-19 virus took a greater precedence. Thus, the lockdowns and other subsequent restrictions derailed the overall development of the global cool roof coatings market.
However, the situation is about to resume back to the normal as the vaccine production is under the way. There has been a gradual economic recovery in North America and Asia Pacific that is expected to help the current sluggish growth of the global market. The companies in the global cool roof coatings market are projected to benefit from the gradual economic recovery and the end user industry demand. Moreover, with gradual ramping up of production, the growth of the global market in the coming months is expected to be on the positive side.
Chemicals & Materials Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in Chemicals & Materials Market @ https://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com