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Global Cool Roofs Market to reach USD 30.51 billion by 2027.

Global Cool Roofs Market Size study, by Roof type (Steep Slope Roof, Low slope roofs), Product (Coated Roofs, Foam Roofs, Single ply membranes, Asphalt Shingles, Metal Roofs, Tiles. Slates) Application (Residential, Commercial, Industrial) and Regional Forecasts 2020-2027

Product Code: OIRBAC_32364735
Publish Date: 21-02-2021
Page: 200

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. 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

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:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Cool Roofs Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Cool Roofs Market, by Region, 2018-2027 (USD Billion)
1.2.2. Cool Roofs Market, by Roof Product, 2018-2027 (USD Billion)
1.2.3. Cool Roofs Market, by Product, 2018-2027 (USD Billion)
1.2.4. Cool Roofs Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cool Roofs Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cool Roofs Market Dynamics
3.1. Cool Roofs Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cool Roofs Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Cool Roofs Market, by Roof Product
5.1. Market Snapshot
5.2. Global Cool Roofs Market by Roof Product, PerApplicationance – Potential Analysis
5.3. Global Cool Roofs Market Estimates & Forecasts by Roof Product 2017-2027 (USD Billion)
5.4. Cool Roofs Market, Sub Segment Analysis
5.4.1. Steep Slope Roof
5.4.2. Low Slope Roof
Chapter 6. Global Cool Roofs Market, by Product
6.1. Market Snapshot
6.2. Global Cool Roofs Market by Product, PerApplicationance – Potential Analysis
6.3. Global Cool Roofs Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
6.4. Cool Roofs Market, Sub Segment Analysis
6.4.1. Coated Roofs
6.4.2. Foam Roofs
6.4.3. Single-ply Membranes
6.4.4. Asphalt Shingles
6.4.5. Metal Roofs
6.4.6. Tiles
6.4.7. Slates
Chapter 7. Global Cool Roofs Market, by Application
7.1. Market Snapshot
7.2. Global Cool Roofs Market by Application, PerApplicationance – Potential Analysis
7.3. Global Cool Roofs Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4. Cool Roofs Market, Sub Segment Analysis
7.4.1. Residential
7.4.2. Commercial
7.4.3. Industrial
Chapter 8. Global Cool Roofs Market, Regional Analysis
8.1. Cool Roofs Market, Regional Market Snapshot
8.2. North America Cool Roofs Market
8.2.1. U.S. Cool Roofs Market Roof Type breakdown estimates & forecasts, 2017-2027 Product breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Cool Roofs Market
8.3. Europe Cool Roofs Market Snapshot
8.3.1. U.K. Cool Roofs Market
8.3.2. Germany Cool Roofs Market
8.3.3. France Cool Roofs Market
8.3.4. Spain Cool Roofs Market
8.3.5. Italy Cool Roofs Market
8.3.6. Rest of Europe Cool Roofs Market
8.4. Asia-Pacific Cool Roofs Market Snapshot
8.4.1. China Cool Roofs Market
8.4.2. India Cool Roofs Market
8.4.3. Japan Cool Roofs Market
8.4.4. Australia Cool Roofs Market
8.4.5. South Korea Cool Roofs Market
8.4.6. Rest of Asia Pacific Cool Roofs Market
8.5. Latin America Cool Roofs Market Snapshot
8.5.1. Brazil Cool Roofs Market
8.5.2. Mexico Cool Roofs Market
8.6. Rest of The World Cool Roofs Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Owens Corning Key InApplicationation Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. CertainTeed Corporation
9.2.3. GAF Materials Corporation
9.2.4. Tamko Building Products, Inc.
9.2.5. IKO Industries Ltd.
9.2.6. ATAS International Inc.
9.2.7. Henry Company
9.2.8. PABCO Building Products, LLC
9.2.9. Malarkey Roofing
9.2.10. Firestone Building Products
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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