Business news

Cool Roof Coating Market Valuation to Reach USD 6.71 Billion in 2028 | Emergen Research

Cool roof coatings are white pigments that reflect sunlight and protect the surface of roofs against harmful ultraviolet (UV) rays and chemical damage. These coatings provide robust solar reflectance and thermal emittance and help reduce heat transfer within a building. Cool roof coatings make roofing systems more durable and energy-efficient compared to conventional roofing systems. The use of these coatings also helps to save on energy costs and, therefore, leads to lower electricity bills. It also reduces the need for air conditioning and offers enhanced comfort in indoor spaces like garages and covered patios or porches, which are otherwise not properly ventilated. This type of rooftop coating helps reduce the ‘urban heat island effect by absorbing up to 80% less heat than dark-colored rooftops, keeping the indoors cool on very hot days.

The global cool roof coating market is expected to reach a market size of USD 6.71 Billion at a steady CAGR of 7.7% in 2028, according to the latest analysis by Emergent Research.

Claim Your FREE Sample Copy with Table of content: 

Cool roof coatings are characterized by water resistance, superior crack bridging ability, and highly reflective and anti-fungal properties. These products offer several advantages over conventional roof coatings, such as higher solar reflectance index (SRI), higher sustainability, higher weather resistance, better adhesion to concrete, faster and easier application, and superior resistance to chloride penetration. Some of the most widely used cool roof coating products include acrylic-based cool coats, fiber-filled liquid cool coats, polymer cool coats, PUD hybrid cool coats, single-ply cool coats, modified bitumen cool coats, and spray polyurethane cool coats. Hence, key application areas of these coatings are roof slabs (sloped or flat), asbestos roof tiles, PVC water tanks, Sintex tanks, oil storage tanks, external walls, and balconies of commercial and residential buildings, and factories.

Major companies in the market report include The Dow Chemical Company, Sika Sarnafil, Nutech Paints, KST Coatings, Nippon Paints Holdings Co. Ltd., Wacker Chemie AG, PPG Industries, Inc., Monarch Industries, Sherwin-Williams, and GAF Materials

Revenue growth of the global cool roof coatings market is driven by factors such as rapid urbanization, increasing residential and industrial construction projects, rising demand for green and sustainable construction raw materials, and growing use of smart and eco-friendly roofing systems. Increasing focus on reducing greenhouse gas (GHG) emissions, rising concerns about global warming and rapid climate change, rising preference for smart and energy-efficient home designs, and introduction of cool roof coatings made with technologically advanced materials such as phase change material (PCM) – which absorb or release sufficient energy at phase transition and provide robust heating/cooling effects – are other key factors supporting the global market revenue growth.

Emergen Research has segmented the global cool roof coating market on basis of technology, application, product, end-use, and region:

  • Technology Outlook (Revenue, USD Billion; 2018–2028)
    • Water-Based
    • Solvent Based
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Low-sloped
    • Steep-sloped
    • Others
  • Product Outlook (Revenue, USD Billion; 2018–2028)
    • IR Reflective/Colored
    • Elastomeric/White
  • End-use Outlook (Revenue, USD Billion; 2018–2028)
    • Residential
    • Commercial
    • Industrial
    • Healthcare

To get leading market solutions, Visit the Link

To Top

Pin It on Pinterest

Share This