Market Overview:

Cool roofing is one of the most significant green technologies today. Cool roofs are designed to absorb less heat and reflect more sunlight than standard roofs. The cool roofing systems are used to overcome heat issues. Cool roof systems can be employed to replace existing roof materials or to lower temperature using reflective materials.



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Market Dynamics:

Cool roofs find applications in the construction industry owing to a rise in demand for eco-friendly, and energy-efficient roofing systems, as well as government subsidies and tax benefits. A significant increase in usage of eco-friendly cool roofs and growth in the construction industry is expected to boost demand for cool roofing systems across the globe during the forecast period. Also, growth in commercial and residential industries in emerging economies is expected to boost the cool roofs market during the forecast period. For instance, in 2015, Global Construction Perspectives (GCP - provides detailed forecasts of construction providing accurate and valuable analysis and evidence on the future) and Oxford Economics (a leader in global forecasting and quantitative analysis) stated that the global construction market is set to grow by US$ 8 trillion, at an average annual rate of 3.9% by 2030.

Less awareness about the benefits of cool roofs is expected to affect the market growth. However, government-led initiatives and projects to promote the usage of cool roofs are expected to boost the global cool roofs market growth.



Market Taxonomy:-

On the basis of roof slope, the global cool roofs market is segmented into:

Steep Slope Roof

Low Slope Roof

On the basis of roof type, the global cool roofs market is segmented into:

Coated Roofs

Foam Roofs

Asphalt Shingles

Metal Roofs

Single-Ply Membranes

Modified Bitumen & Built-Up Roofing Systems

Tiles & Slates

Others (Including Clay, Wood Shake, and Concrete)

On the basis of application, the global cool roofs market is segmented into:

Residential

Industrial

Commercial



Major players operating in the global cool roofs market include Owens Corning, GAF Materials Corporation, Tamko Building Products, Inc., Certain Teed Corporation, IKO Industries Ltd., Henry Company, PABCO Building Products, LLC., ATAS International Inc., Malarkey Roofing, Polyglass S.p.A, and others.



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