Cool Roof Coatings Market by Component, Application, Services, and Region- Forecast to 2027
The Cool Roof Coatings market was valued at USD 3.08 Billion in 2018 and is projected to reach USD 3.6 Billion by 2027, growing at a CAGR of 2.02% from 2019 to 2027.
The Global Cool Roof Coatings Market Research Report 2021-2027 is a significant source of keen information for business specialist. A report published by Market Insights Reports is an overall investigation and thorough information in regards to the market size and market elements of the Cool Roof Coatings. It furnishes the business outline with development, historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the worth chain and its wholesaler examination. The Cool Roof Coatings market study gives extensive information which upgrades the agreement, degree, and use of this report. This is a latest report, covering the COVID-19 impact on the market.
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Industry News On Cool Roof Coatings Market–
BASF develops water-based acrylic coating solutions with a focus on adhesion to difficult substrates, including TPO, EPDM, asphalt and smooth APP, with more planned for the future. These solutions offer strong all-around performance and a sustainable value proposition with minimal environmental impact.
Aside from TPO and HFC-free foam, there’s another ultra-low-energy substrate that poses an even greater adhesion challenge: silicone coatings.
Although silicone coatings are recognized for their water-repellant properties, they come with a host of problems. Its impermeable nature prevents entrapped substrate moisture from readily escaping, resulting in blisters that can deteriorate the life of the roof. Silicone coatings are also prone to tears that can cause moisture intrusion and subsequent damage to the roof.
Silicone coatings generally lose their reflectivity prematurely and tend to discolor within a relatively short period of outdoor exposure. Subsequently, building owners do not reap the energy reduction and cost savings benefits expected from such coatings. These are some of the reasons building owners wish to recoat silicone roofs, which is presently difficult to do with a simple recoat of the acrylic coating.
Changing regulations and policies are one of the key drivers for innovation. New regulations are gradually phasing out HFC blowing agents used in certain polyurethane foam applications, and several states are looking at the prospects for ultra-low-VOC coatings.
Top Companies in the Global Cool Roof Coatings Market are – PPG, Sherwin-Williams, Gardner-Gibson, Dow, Jotun, GAF, DuluxGroup, Polyglass, RPM, Selena, BASF SE, National Coatings, Henry Company, Gaco Western,
Cool Roof Coatings Market Segmentation:
This report fragments the Global Cool Roof Coatings Market based on Types are-
Acrylic Cool Roof Coatings
Silicone Cool Roof Coatings
Aluminum Cool Roof Coatings
Based on Application, the Global Cool Roof Coatings Market are divided into-
Prime Takeaways on Cool Roof Coatings Market Report:
- Value chain analysis, which is combined with competitive landscape of key players of the Cool Roof Coatings market.
- Market size and forecast of the Cool Roof Coatings market for the period from 2021 to 2027.
- Global presence of the market, market dynamics and evaluation by upstream and downstream of raw materials.
- CAGR% for individual segments in various regional markets for a period from 2021 to 2027.
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Geographic Coverage of Cool Roof Coatings Market Report-
The Cool Roof Coatings report contains detailed country-level analysis, market revenue, market value and forecast analysis of Cool Roof Coatings Market (2016-2027) of these regions are covered:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
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The issue will also carry a focus on “mention the segments” there.
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