Cool Roof Market Report: Trends, Forecast and Competitive Analysis to 2030

Cool Roof Trends and Forecast

The future of the global cool roof market looks promising with opportunities in the residential, commercial, and industrial markets. The global cool roof market is expected to reach an estimated $33.7 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rapid expansion of the global construction industry and increased emphasis on green building projects, growing consciousness about energy use and climate change, as well as, increasing significance of energy efficiency and environmental laws pertaining to architecture and building design.

A more than 150-page report is developed to help in your business decisions.

Cool Roof by Segment

The study includes a forecast for the global cool roof by roof type, product, application, and region.

Cool Roof Market by Roof Type [Shipment Analysis by Value from 2018 to 2030]:

• Steep-Slope Roofs
• Low-Slope Roofs

Cool Roof Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Coated Roofs
• Foam Roofs
• Modified BUR
• Single-Ply Membranes
• Asphalt Shingles
• Metal Roofs
• Tiles
• Slates

Cool Roof Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Commercial
• Industrial
• Others

Cool Roof Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cool Roof Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cool roof companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cool roof companies profiled in this report include-

• Henry Company
• Tamko Building Products
• Polyglass
• Certain Teed
• PABCO Building Products
• ATAS International
• IKO Industries
• Malarkey Roofing
• GAF
• Owens Corning

Cool Roof Market Insights

Lucintel forecasts that steep-slope roof will remain the larger segment over the forecast period due to the extensive use of cool roof systems in residential buildings, where homeowners place a premium on energy efficiency and cost savings.

North America will remain the largest region over the forecast period due to the rising building sector and remodeling operations, as well as the increasing usage of goods to manage indoor temperatures in North American nations.

Features of the Global Cool Roof Market

Market Size Estimates: Cool roof market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cool roof market size by roof type, product, application, and region in terms of value ($B).

Regional Analysis: Cool roof market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different roof type, product, application, and regions for the cool roof market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cool roof market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the cool roof market size?

Answer: The global cool roof market is expected to reach an estimated $33.7 billion by 2030.

Q2. What is the growth forecast for cool roof market?

Answer: The global cool roof market is expected to grow with a CAGR of 6.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cool roof market?

Answer: The major drivers for this market are rapid expansion of the global construction industry and increased emphasis on green building projects, growing consciousness about energy use and climate change, as well as, increasing significance of energy efficiency and environmental laws pertaining to architecture and building design.

Q4. What are the major segments for cool roof market?

Answer: The future of the global cool roof market looks promising with opportunities in the residential, commercial, and industrial markets.

Q5. Who are the key cool roof market companies?

Answer: Some of the key cool roof companies are as follows.

• Henry Company
• Tamko Building Products
• Polyglass
• Certain Teed
• PABCO Building Products
• ATAS International
• IKO Industries
• Malarkey Roofing
• GAF
• Owens Corning

Q6. Which cool roof market segment will be the largest in future?

Answer: Lucintel forecasts that steep-slope roof will remain the larger segment over the forecast period due to the extensive use of cool roof systems in residential buildings, where homeowners place a premium on energy efficiency and cost savings.

Q7. In cool roof market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the rising building sector and remodeling operations, as well as the increasing usage of goods to manage indoor temperatures in North American nations.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the cool roof market by roof type (steep-slope roofs and low-slope roofs), product (coated roofs, foam roofs, modified bur, single-ply membranes, asphalt shingles, metal roofs, tiles, and slates), application (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?