Cool Roof Coatings Market

In 2022, North America held the highest market share of over 45%. Adoption of policies and programs to encourage the use of cool roof coatings on new and existing buildings (retrofit).

Growing population and rapid urbanization across the major cities worldwide have led to the phenomenon heat urban island (UHI) effect. Cool roof coatings offer benefits to mitigate urban heat island effects as well as reduced air pollution and GHG emissions.

The global cool roof coatings market was valued at US$ 5.4 Bn in 2022 and is estimated to be valued at US$ 9.2 Bn by the end of 2030.

More and More Cities are adopting policies and initiatives/programs to encourage cool roof coatings. Many cities in Europe and Asia Pacific regions are encouraging usage of cool roofs materials/coatings through voluntary green building programs, income-qualified programs, and financial incentives.

Companies such as The Sherwin-Williams Company, PPG Industries Inc., Henry Company LLC, Akzo Nobel N.V., and RPM International Inc. are amongst the leading players in the market.