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Cool Roof - Global Market Outlook (2019-2027)

Cool Roof - Global Market Outlook (2019-2027)

4.7 (28 reviews)
Published: November 2020 ID: SMRC20141
4.7 (28 reviews)
Published: November 2020 ID: SMRC20141

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Cool Roof Market is accounted for $19.84 billion in 2019 and is expected to reach $36.17 billion by 2027 growing at a CAGR of 7.8% during the forecast period. Some of the key factors propelling the market growth include increase in usage of eco-friendly cool roofs, growth in construction industry, rising adoption of green building codes by the emerging economies across the globe, and increasing emphasis on green building projects. However, high maintenance & repairing cost are likely to hamper the market.

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Cool roofing is one of the most significant green technologies today. Cool roofs are designed to absorb less heat and reflect more sunlight than standard roofs. The cool roofing systems are used to overcome heat issues. These systems can be employed to replace existing roof materials or to lower temperature using reflective materials.

By application, the residential buildings segment is projected to have considerable growth during the forecast period, due to growing awareness of consumers about the benefits offered by cool roofs such as increased energy efficiency by reducing heat gain. The residential construction operations are growing across the globe, owing to an increase in population, which is expected to drive the residential segment. Furthermore, the growing concerns of regularity authorities across the world on energy conservation from high energy consumption during summer can provide abundant opportunities and is expected to fuel the growth of the residential buildings segment in the global cool roof market.

On the basis of geography, APAC is expected to grow at the significant rate over forecast period, due to increasing construction spending in china and India and increasing consumer disposable income. The Cool Roof Council(s) in the APAC region is very useful platform to coordinate the development of standardisation methods, policy and research into Cool Roofs. Incentive and regulation through legislation and building codes are viewed as more effective ways of moving the building industry in South East Asia towards widespread implementation of Cool Roof technology.

Some of the key players in Cool Roof Market include ATAS International Inc., Henry Company, Johns Manville, BMI Group, CertainTeed Corporation, Tamko Building Products, Inc., National Coatings Corporations, GAF Materials Corporation, POLYGLASS S.p.A, Owens Corning, IKO Industries Ltd., PABCO Building Products, LLC, Firestone Building Products, and Malarkey Roofing.

Products Covered:
• Metal Roofs
• Tiles
• Single-ply Membranes
• Foam Roofs
• Coated Roofs
• Slates
• Modified Bitumen & Built-Up Roofing Systems
• Asphalt Shingles
• Other Products

Roof Types Covered:
• Low-slope Roofs
• Steep-slope Roofs

Types Covered:
• Thyroid Peroxidase (Thermoplastic)
• Polyvinyl Chloride (PVC)
• Ethylene Propylene Diene Monomer (EPDM) Rubber

Applications Covered:
• Commercial
• Residential Buildings
• Industrial
• Non-Residential Buildings

Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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