250 Pages Cool Roof Coating Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
Latest industry survey by Fact MR, predicts Cool Roof Coating sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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The cool roof coatings market is estimated at USD 4.5 Billion in 2022 and is projected to reach USD 8.3 Billion by 2032, growing at a CAGR of 6.8% from 2022-2032.
| Attribute | Details |
| Market size value in 2021A | USD 4.2 Billion |
| Market value estimated in 2022E | USD 4.5 Billion |
| Market forecast value in 2032F | USD 8.3 Billion |
| Global Growth Rate | CAGR 7.4% |
The report offers actionable and valuable market insights of Cool Roof Coating. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Cool Roof Coating Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Cool Roof Coating market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Cool Roof Coating
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Cool roof coatings market competitive landscape shows top manufacturers including Sherwin Williams, Valspar Corporation, Nippon Paints, Monarch Industries, GAF Materials, DowDupont, Nutech Paints, Excel Coatings, PPG Industries Inc., Akzo Nobel, Sika AG, BASF SE, Asian Paints Ltd., National, Coating Corporation and Kansai Paints Co. Ltd.
Revenues of the cool roof coating market will remain clustered among Tier 2 players, who currently account for over 50% of overall cool roof coating sales worldwide.
These cool roof coating manufacturers including Nutech Coatings, and Kansai Paints Co. Ltd, have consolidated their position in Asia-Pacific and Europe. Advertisements and marketing campaigns are key expansion strategies of the Tier 2 players, for creating brand awareness among end-users.
Tier 1 manufacturers of cool roof coating will hold nearly 38% market share in 2021, owing to their robust distribution channel and economic vigor.
Fact.MR study estimates cool roof coating sales for low-sloped roofs to exceed 395,000 MT in 2018. Low-sloped roofs are a common visual in industrial and commercial buildings, and as construction activities in these sectors continue on an upward spiral alongside urbanization, demand for cool roof coatings for low-sloped roofs will remain significant. Additionally, implementation of regulations for roofing materials and green building codes apropos industrial and commercial structures have led to higher demand for cool roof coatings as a result.
“Steep-sloped roofs are majorly observed in individual homes, particularly in countries with high snowfall and rainfall. Lower maintenance required in these in light of their structural advantage has resulted in comparatively lower penetration of cool roof coatings than in low-sloped roofs. However, the advent of advanced techniques and quick-drying colored coatings have attracted various consumers to use cool roof coatings, to curtail expenditure on energy in summers,” says a lead analyst at Fact.MR.
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Fact.MR, in its new report, offers an unbiased Market Analysis of Cool Roof Coating, Sales and Demand of Cool Roof Coating, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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