Global Cool Roof Coatings Market Size, Share & Trends Analysis, 2018-2025 - Favorable Regulations are Slated to Drive the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 13, 2018--The “Cool Roof Coatings Market Size, Share & Trends Analysis Report By End Use, By Product (Elastomeric, IR Reflective), By Application (Slow-sloped, Steep-sloped), And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global cool roof coating market size is expected to reach USD 5.41 billion by 2025, registering a 7.0% CAGR over the forecast period. Energy savings offered by these coatings, along with favorable regulations, are slated to drive the market.
Use of cool roof coatings can prevent structural deformity caused by severe temperature fluctuations. It also lowers dependency of air conditioning by reducing heat built up in buildings, which in turn, reduces energy consumption.
Favorable regulations and government support in the form of tax benefits and financial incentives are expected to propel product demand. Increasing awareness regarding energy savings as well as environmental benefits offered by cool enamels will play a vital role in market expansion. However, limitations associated with long-term durability of such coatings owing to usage of titanium dioxide as a critical ingredient is projected to remain a key challenge for market players.
Advent of new polymers and resins with lower volatile organic compound (VOC) ratings are likely to contribute to product demand as an eco-friendly choice. Increasing efforts to reduce VOC limits in different geographies is expected to create ample opportunities for cool roof coatings as an alternative to meet stringent regulations.
Manufacturers are focused on development of new technologies to enhance UV resistance of these coatings. Introduction of microcells and nanotechnology for reducing heat flux and increasing energy conservation is projected to drive demand for cool roof coatings over the forecast period.
Further key findings from the report suggest:The global cool roof coatings market demand is anticipated to reach 78.5 million liters by 2025, expanding at a CAGR of 7.4% from 2018 to 2025 By application, the slow-sloped segment dominated the global cool roof coatings market with a share of over 60.0% in 2017 North America is projected to exhibit a strong volume-based CAGR of 7.6% over the forecast period, on account of abundant availability of raw materials and rising consumer inclination toward green building initiatives Asian countries such as China and India are projected to witness remarkable growth over the forecast period owing to rapid urbanization and increasing infrastructure spending Some of the key companies in the industry are The Dow Chemical Company, KST Coatings, Valspar Corp., Sika Sarnafil, Nippon Paints, Monarch Industries, and Nutech Paints.
Key Topics Covered:
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research scope and assumptions
1.3 List of data sources
Chapter 2 Executive Summary
Chapter 3 Market Snapshot
3.1 Cool roof coatings- Industry snapshot
Chapter 4 Market Variables, Trends & Scope
4.1 Market segmentation
4.2 Market size and growth prospects, 2014-2025
4.3 Cool roof coatings value chain analysis
4.4 Cool roof coatings market dynamics
4.4.1 Market driver analysis
184.108.40.206 Reduction in energy consumption
220.127.116.11 Favorable regulations
4.4.2 Market restraint analysis
18.104.22.168 Limitations of cool coatings
4.5 Industry analysis - Porter’s
4.6 Cool roof coatings PESTEL analysis
Chapter 5 Cool Roof Coatings Market: Product Estimates & Trend Analysis
5.1 Cool roof coatings market share by product, 2017 & 2025
5.2 Global cool roof coatings demand by product 2014 - 2025 (Kilo liters) (USD Million)
5.2.2 IR Reflective
Chapter 6 Cool Roof Coatings Market: Application Estimates & Trend Analysis
6.1 Cool roof coatings market share by application, 2017 & 2025
6.2 Global cool roof coatings demand by application 2014 - 2025 (Kilo liters) (USD Million)
6.2.1 Low-sloped roofs
Chapter 7 Cool Roof Coatings Market: End-use Estimates & Trend Analysis
7.1 Cool roof coatings market share by end-use, 2017 & 2025
7.2 Global cool roof coatings demand by end-use 2014 - 2025 (Kilo liters) (USD Million)
Chapter 8 Cool Roof Coatings Market: Regional Estimates & Trend Analysis
8.1 Cool roof coatings market share by region, 2017 & 2025
8.2 Global cool roof coatings market estimates and forecast by region 2014 - 2025 (Kilo liters) (USD Million)
Chapter 9 Competitive Landscape
9.1 Competitive Heat Map Analysis
9.2 Vendor Landscape
9.3 Competitive Environment
9.3.1 Company Market Positioning
9.3.2 Strategy Framework
Chapter 10 Company ProfilesNutech Paint The Valspar Corporation Nippon Paint (M) Sdn. Bhd. Sika AG Monarch Industrial Products (I) Pvt. Ltd. Excel Coatings Indian Insulation & Engineering KST Coatings The Dow Chemical Company (DowDuPont) GAF Huntsman Corporation PPG Industries Inc.
For more information about this report visit https://www.researchandmarkets.com/research/nbrrzc/global_cool_roof?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181113005701/en/
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Related Topics:Paints and Coatings
INDUSTRY KEYWORD: BUILDING SYSTEMS MANUFACTURING CHEMICALS/PLASTICS CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
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PUB: 11/13/2018 08:17 AM/DISC: 11/13/2018 08:17 AM