Acumen Research and Consulting Cool Roof Coatings Market is Anticipated to Surpas | Page 2
Demand can be attributed to the energy savings that this product
offers and the adoption by most governments of the green
building codes. Concerns about increased carbon emissions and
energy consumption pushed public authorities to implement
green building codes for energy efficiency regulation. These
regulations propose different practices that contribute to energy
consumption reduction in commercial and residential buildings.
In regions with hot weather conditions, cool coat technologies are
recognized as an efficient way for decreasing energy consumption.
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Market Snapshots
The world’s cool roofing market has been turned into a sloping
and steep-hanging global roofing market. The cool roof coatings
market is dominated by low-sloped segments. Due to its
advantages such as low initial installation costs and less
construction material than the steep-ground process, it is
expected to grow at a fast speed during the forecast period.
The global cool roofing market is divided into residential,
commercial and industrial applications. In 2018, the industry
segment was the leader in the global cool roofing market. During
the forecast period, the segment is expected to expand quickly due
to increasing use of centres, warehouses, and IT parks.
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