Acumen Research and Consulting Cool Roof Coatings Market is Anticipated to Surpas | Page 4
international market. The cool roof coating market is expected to
boost during the forecast period to increase construction
expenditure and implement green building code in developing
countries in the region. As the use of these layers for residential
applications, such as housings and villas, is expected to increase
demand for cool roof coatings in Asia Pacific. In the Near East and
Africa and Latin America, demand for cool roofing is expected to
increase significantly.
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Key Players & Strategies
The global market is oligopolistic in nature and the market is
dominated by few industry participants. Cool coating companies
have also integrated their operations via supply and distribution
channels. This makes it easy for manufacturers to reach individual
consumers, who are the main target groups.
The key role in achieving global market share is expected from
fusions and acquisitions. In order to expand its footprint in these
areas, Italy and Madison Chemical Industries, Inc., Valspar
Corporation acquired ISVA Vernici Srl,. The Dow Chemical
Company, KST Coatings, Sherwin-Williams, Sika Sarnafil, Valspar,
GAF Materials, Excel Coatings, Monarch Industries are major
companies operating on the world market.
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