Global cool roof coating market is anticipated to grow at a considerable CAGR of 6.6% during the forecast period (2024-2031). Innovation and new product development in the market are opening gates for players to invest in this category. The increased global temperature and unexpected weather conditions is also generating more leads for players. The growing urbanization and high adoption of the cool roof coating among residential users owing to its offered benefits is making a significant contribution to the global market growth.
Some key developments in the market:
- In January 2024, NanoTech Materials, Inc., a provider of climate-resilient materials, announced on Tuesday a collaboration with Cool Roof Coating Systems, LLC, a subsidiary of Tesson Roofing in the Grand Canyon State, to combat high indoor temperatures in the all-consuming heat that is summer in Arizona.
- In June 2023 Everest Systems LLC has launched a new, high-performance and field-applied topcoat under the Fluorostar brand name for restoring and protecting multiple types of roofing surfaces with long lasting color.
- In June 2021, Nouryon introduced a solution to improve coating and adhesive performance in harsh environments. A solution that protects their assets under extreme conditions, enhances durability, reduces maintenance, and thereby delivers significant savings and safety benefits.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Product
- By Application
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Akzo Nobel NV, Sika AG, Huntsman International LLC, The Dow Company, and Nanotech among others.
Cool Roof Coating Market Report Segment
By Product
- Elastomeric
- IR Reflective
By Application
- Low Sloped
- Steep Sloped
By End-User
- Residential
- Commercial
- Industrial
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Cool Roof Coating Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Excel Coatings
- GAF
- Huntsman International LLC
- KST Coatings Mfg. Inc.
- LuminX Cool Roof Coatings
- Monarch Industrial Products India Pvt. Ltd.
- Nippon Paint (M) Sdn. Bhd
- Nutech Paints Pty. Ltd.
- PPG Industries, Inc.
- Protexion LLP
- RPM International, Inc.
- Starshield Technologies Pvt. Ltd.
- Surya Cool Roof
- The Sherwin-Williams Company
- The Valaspar Corp.
- WackerChemie AG
- XL Coatings
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