Exactitude Consultancy Reports 2021 Press Release: Global Cool Roof Market
Cool roofs are materials that are designed to reflect more sunlight and absorb less heat than a standard roof, similar to how wearing light-coloured clothing can help keep you cool on a hot day. A cool roof can be made of highly reflective paint, a sheet covering, or highly reflective tiles or shingles. Insulation coatings are used to prevent transfer heat, sound and electricity. They are used to protect the equipment or coated surface.
The Global Cool Roof Market size is expected to grow at more than 5.6% CAGR from 2019 to 2028. It is expected to reach above USD 11.8 billion by 2028 from a little above USD 7.5 billion in 2019.
Household and commercial spaces have increasingly invested in the products which enhances the hygiene quality of the ecosystem. Among others, demand for anti-microbial coatings and cool roofs have increased tremendously especially from residential and commercial infrastructure globally.
Key players are increasing their share in the market by anticipating future demand and innovating. They are adopting the strategy of mergers and acquisition to enter the arena which was not touched before.
Key players in the Global Cool Roof Market are, Asphalt Shingles, CertainTeed LLC, GAF, IKO production, Malarkey Roofing Products, etc.
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Key Market Segments: Global Cool Roof Market
Cool Roof Market By Roof Top, 2019-2028, (IN USD MILLION)
- Steep Roof
- Low Slope Roof
- Other
Cool Roof Market By Material, 2019-2028, (IN USD MILLION)
- Coated Roofs
- Foam Roofs
- Modified Bur
- Single Ply Membranes
- Asphalt Shingles
- Metal Roofs
- Tiles
- Slates
- Others
Cool Roof Market By Application, 2019-2028, (IN USD MILLION)
- Residential
- Commercial & Industrial
- Others
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