Cool Roofs Market Size 2023 to 2030 Current Development, Sales Revenue and Production Cost

Quadintel published a recovery-based report for Global “Cool Roofs Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.

Global Cool Roofs Market is valued approximately USD 19.14 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2020-2027.

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Cool Roofs is a Roof type which absorb less heat and reflect sunlight as compare to standard roof. It is a roofing system which has an ability of reflecting the visible, infrared and ultraviolet wave lengths of the sun which helps in reducing heat. The increasing growth in demand of global construction industry owing to growth in urbanization, removal of trade barriers and increase in the spending of global construction industry drive the demand of cool roofs in the forecast period. According to the report of National Research Development Corporation Cool roofs helps in improving thermal comfortability of a building occupants and also save energy in air-conditioned buildings. At the time when cool roofs are applies at scale, they can counter the urban heat effect, which is caused by heat absorbing material in the present environment. With the help of solar radiation, cool roofs can reduce the temperatures inside the buildings and alleviate cooling demand of the whole city. However, high manufacturing costs and high installation charges impedes the growth of the market over the forecast period of 2020-2027. Also, with the increasing in technological advancement and in roofing materials and chemicals is likely to increase the market growth during the forecast period.

The regional analysis of global  Cool Roofs market  is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the growing population and economic growth of the region, leading towards leading urbanization and rapid industrialization. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, and increasing industrialization and continuous population growth would create lucrative growth prospects for the Cool Roofs market across Asia-Pacific region.

Major market player included in this report are:
Owens Corning
CertainTeed Corporation
GAF Materials Corporation
Tamko Building Products, Inc.
IKO Industries Ltd.
ATAS International Inc.
Henry Company
PABCO Building Products, LLC
Malarkey Roofing
Firestone Building Products

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Roof type:
Steep Slope Roof
Low slope roofs

By Product:
Coated Roofs
Foam Roofs
Single ply membranes
Asphalt Shingles
Metal Roofs, Tiles. Slates

By Application:
Residential
Commercial
Industrial

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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

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Report Include:

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.

In this report, the following important queries are addressed:

  • What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
  • Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
  • What are the vendors’ market prospects and risks in the international industry?
  • Which product types, end users, or applications might be looking for additional growth prospects? What is each types and application’s market share?
  • What specific strategies and limitations are keeping the market in check?
  • What is the various marketing, sales, and distribution channels in the international market?
  • What are the upstream raw materials, as well as the manufacturing machinery?
  • What are the market opportunities, market risk, and market overview of this industry?

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