A coating is a cover that is applied on the surface of any object, usually referred to as a substrate. The coating may be applied for functional or decorative purposes. Roof refers to the top covering of a building. Cool roof coating is a combination of organic and inorganic chemistry that reflects, scatters or absorbs reflection. Cool roof coating saves the costs of the building owners and enhances the building enduring capacity. These coatings help in lowering the interior and roof surface temperature.
The ability of cool roof coatings to prevent structural deformity caused by severe temperature and reducing the heat built up in the building drives the growth of the cool roof coating market. Increased awareness regarding environmental benefits as well as energy-saving proffered by cool enamels is another factor driving the market growth. However, the limitations associated with the long term durability of cool roof coatings due to the presence of titanium oxide in its production restricts the fruitful development of the cool roof coating market. The introduction of nanotechnology and microcells to reduce heat flux and enhance energy conservation is expected to bolster the growth of the cool roof coating market in the near future.
The "Global Cool Roof Coating Market Analysis to 2027" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cool roof coating market with detailed market segmentation by roof slope, type, application and geography. The global cool roof coating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cool roof coating market players and offers key trends and opportunities in the market.
The global cool roof coating market is segmented on the basis of roof slope, type, application and geography. On the basis of roof slope the market is divided into low-sloped and steep-sloped. As per type the market is divided into elastomeric and ir reflector. In terms of application the market is bifurcated into residential, industrial and commercial.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cool roof coating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cool roof coating market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cool roof coating market in these regions.
The reports cover key developments in the cool roof coating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cool roof coating market are anticipated to lucrative growth opportunities in the future with the rising demand for cool roof coating market in the global market. Below mentioned is the list of few companies engaged in the cool roof coating market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cool roof coating market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Excel Coatings
- GAF Materials Corporation
- Monarch Industries, Inc.
- Nutech Paint
- Protexion LLP
- Shouguang Fengyuan Commercial Co., Ltd.
- Sika Sarnafil
- The Valspar Corporation
- Weifang Hongxin Waterproof Material Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.