Cool roof coatings are white or special reflective pigments that reflect sunlight. Coatings are like very thick paints that can protect the roof surface from ultra-violet (UV) light and chemical damage, and some offer water protection and restorative features. Products are available for most roof types.
Global Cool Roof Coating revenue market is valued at 710.6 million USD in 2017 and is expected to reach 1084.6 million USD by the end of 2025, growing at a CAGR of 5.43% between 2017 and 2025.
PPG, Sherwin-Williams, Gardner-Gibson, Dow, GAF, DuluxGroup, Polyglass are major players in the Cool Roof Coating in 2017.
On the basis of region, North America is the largest market segment of Cool Roof Coating, with a consumption market share nearly 48.37% in 2017; Asia-Pacific region has great market potential in the future.
Cool Roof Coating used in industry including Residential Building, Commercial Building, Education Building, Healthcare Building and others. Report data showed that 52.84% of the Cool Roof Coating market demand in Commercial Building in 2017.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly and positive attitude of the government , investor are still optimistic about this area; the future will still have more new investment enter the field.