Cool Roof Coatings Market Registering At A CAGR 7.0% For The Forecast Period From 2018 - 2025 : Grand View Research Inc.
San Francisco, 7 May 2019: The Report Cool Roof Coatings Market Size, Share & Trends Analysis Report By End Use, By Product (Elastomeric, IR Reflective), By Application (Slow-sloped, Steep-sloped), And Segment Forecasts, 2018 – 2025 The global Cool Roof Coatings Market size is expected to reach USD 5.41 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.0% CAGR over the forecast period. Energy savings offered by these coatings, along with favorable regulations, are slated to drive the market. Use of cool roof coatings can prevent structural deformity caused by severe temperature fluctuations. It also lowers dependency of air conditioning by reducing heat built up in buildings, which in turn, reduces energy consumption. Favorable regulations and government support in the form of tax benefits and financial incentives are expected to propel product demand. Increasing awareness regarding energy savings as well as envir...