Cool Roof Market Size and Share

Cool Roof Market Summary
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Cool Roof Market Analysis by Mordor Intelligence

The Cool Roof Market size is estimated at USD 15.27 Billion in 2025, and is expected to reach USD 20.02 Billion by 2030, at a CAGR of 5.57% during the forecast period (2025-2030). The uptrend reflects how regulatory zero-carbon mandates and rising electricity tariffs push reflective roofing from a sustainability niche to a mainstream building-envelope requirement. Energy-efficiency codes such as California Title 24 and the European Union’s revised Energy Performance of Buildings Directive drive compliance demand, while municipal heat-island programs elevate cool roofs as climate-adaptation infrastructure. Material innovation accelerates as coatings, membranes, and adaptive tiles converge with photovoltaic systems, creating cross-segment growth opportunities. Competitive intensity remains moderate; leading chemical companies leverage polymer science, yet disruptive passive radiative materials with 99.6% solar reflectivity press incumbent technologies. M&A velocity is increasing, highlighted by QXO’s USD 11 Billion purchase of Beacon Roofing Supply, signaling supply-chain consolidation pressured by scale economics.

Key Report Takeaways

  • By roof type, low-slope systems led with 45.18% of the Cool Roofs market share in 2024; flat roofs are projected to post the fastest 6.12% CAGR through 2030. 
  • By material type, cool roof coatings held 30.25% revenue share in 2024, whereas single-ply membranes are poised for a 6.28% CAGR to 2030. 
  • By coating chemistry, acrylic formulations accounted for a 40.36% share of the Cool Roofs market size in 2024, while silicone coatings are forecast to grow at a 6.56% CAGR. 
  • By application, commercial buildings captured 37.81% of the Cool Roofs market share in 2024; other applications segment is expected to expand at a 6.82% CAGR.
  • By geography, North America contributed 35.64% of 2024 revenue, yet Asia-Pacific is expected to register the quickest 6.71% CAGR to 2030.

Segment Analysis

By Roof Type: Low-Slope Dominance Drives Commercial Adoption

Low-slope systems held 45.18% of the Cool Roofs market share in 2024, owing to the prevalence of warehouses and big-box retail buildings. Large contiguous surfaces magnify heat-gain reduction, enabling 10–15 year payback despite moderate installation cost. Retrofit projects also prefer low-slope because crews can install over aged membranes without structural modification. Flat roofs command the fastest 6.12% CAGR as dense urban centers favor rooftop PV, green spaces, and HVAC placement; reflective membranes deliver thermal benefit while supporting these assets. Steep-slope remains important for residential aesthetics but posts slower growth because price-sensitive homeowners balance energy benefit against curb-appeal concerns.

The cool roofs market size component for flat roofs is projected to add USD 1.1 Billion by 2030, boosted by net-zero mandates for new commercial floor space. University of California, Santa Barbara demonstrated adaptive tiles that switch between heating and cooling, foreshadowing dual-season performance enhancement. CertainTeed’s SMARTCOAT liquid-applied systems already meet Title 24 standards and facilitate solar-ready surfaces, highlighting how manufacturers bundle compliance with renewable integration.

Cool Roof Market: Market Share by Roof Type
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By Material Type: Coatings Lead While Membranes Accelerate

Coatings contributed 30.25% of 2024 revenue because building owners value their overlay versatility and low operational disruption. Elastomeric acrylic continues to dominate repaint cycles on big-box retail and schools. Single-ply membranes deliver the quickest 6.28% CAGR as new construction specifies PVC, TPO, or EPDM systems that integrate waterproofing, puncture resistance, and high reflectance. Dow’s ultra-white PVC achieves 0.83 initial solar reflectance, showcasing polymer science advances.

Metal roofs and asphalt shingles secure moderate growth through color-stable infrared-reflective pigments such as PPG’s DURANAR ULTRA-COOL. The cool roofs market size for single-ply membranes is forecast to climb to USD 5.3 billion by 2030 as global warehouse construction accelerates. Other material types—including vegetative roofs—address niche sustainability goals but remain small in revenue contribution.

By Coating Chemistry: Acrylic Dominance Faces Silicone Challenge

Acrylic occupied 40.36% share in 2024 thanks to cost efficiency, water-based formulation, and easy clean-up. Its penetration spans climates from California to Germany where moderate weathering prevails. Silicone’s 6.56% CAGR outlook reflects superior ponding-water tolerance and UV stability in monsoon and desert environments. Recent two-part silicone hybrids cut cure time 30%, undermining acrylic’s labor advantage. 

Elastomeric blends satisfy seismic regions by sustaining tensile properties across thermal cycles. Polyurethane targets chemical or foot-traffic-intensive industrial roofs. BASF’s BRILLIANCE low-VOC line exemplifies how suppliers embed sustainability into chemistry roadmaps. Emerging radiative coatings with 92% infrared emissivity promise step-change performance, yet cost and field validation will govern uptake.

By Application: Commercial Buildings Drive While Industrial Accelerates

Commercial buildings delivered 37.81% of the Cool Roofs market share in 2024; shopping malls, logistics hubs, and offices capitalize on energy-code compliance and utility rebates. Data-supported O&M savings sway CFOs, propelling specification in both new build and retrofit RFPs. Industrial facilities ramp to 2025-2030 at 6.5% CAGR as manufacturers combat high ambient process heat and worker-comfort mandates. 

Other applications, the fastest 6.82%-CAGR cluster, include data centers, hospitals, and universities. Operators adopt reflective membranes to trim cooling PUE metrics, meet ESG targets, and extend HVAC equipment life. Residential adoption grows steadily as shingle makers marry reflective granules with color palettes; IKO’s Dynasty Cool Colors Plus now complies with California’s 0.25 aged solar reflectance minimum. The cool roofs market size derived from residential retrofits is expected to double by 2030 once installation subsidies scale.

Cool Roof Market: Market Share by Application
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Geography Analysis

North America produced 35.64% of global revenue in 2024 due to entrenched ENERGY STAR labeling, tax credits, and utility demand-side-management programs. California Title 24 and Atlanta’s 2025 ordinance amplify regulatory pull toward reflective membranes. Distributor consolidation, exemplified by QXO’s USD 11 Billion acquisition of Beacon Roofing Supply, improves product availability and contractor training throughout the United States. Canada’s Saint-Gobain-Bailey deal reinforces regional capacity for metal and membrane solutions, while Mexico’s industrial corridor expansions drive low-slope coating demand.

Asia-Pacific records the strongest 6.71% CAGR outlook as India institutionalizes cool roofs within affordable-housing upgrades and Telangana mandates reflectivity for most government roofs. China’s hyperscale data-center construction under “Eastern Data, Western Compute” motivates high-performance membranes suited to dry northern provinces. Japan and South Korea integrate reflective rooftops with solar obligations, maximizing rooftop albedo to mitigate PV derating. ASEAN nations, particularly Singapore and Malaysia, validate 30–40% HVAC savings under tropical trials, lifting policy urgency for reflective coatings.

Europe accelerates behind the Energy Performance of Buildings Directive’s zero-emission 2030 target and planned 2026 solar mandate on new structures. France’s RE2020 spurs bio-based cool roof materials, while Germany’s scattered urban heat-mitigation grants enhance municipal demand. Southern Europe leverages high irradiance to harvest dual cooling and PV benefits, and Nordic regions experiment with season-adaptive coatings that store winter heat. Russia remains a wildcard: modernization need is high but geopolitical strain may limit near-term imports.

The Middle East and Africa region shows rising adoption as Saudi Arabia revises building codes to include reflective surfaces and Gulf data indicates 25–34% energy savings in hot, arid climates. South Africa’s escalating grid tariffs move retail chains toward white membranes, setting precedent for neighboring markets.

Cool Roof Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The Cool Roof market is moderately fragmented. 3M, BASF, and PPG push R&D on pigment dispersion and polymer backbones; BASF now runs North American plants on 100% renewable electricity, cutting Scope 2 emissions and aligning with buyer ESG screening. Strategic collaborations fuse roofing with renewables: CertainTeed and SunStyle launched building-integrated photovoltaic tiles that comply with California cool roof standards while generating onsite power. Johns Manville cut greenhouse emissions 12% between 2022-2024 and pledged 2 billion lbs of recycled raw materials by 2025, appealing to green-build rating programs. Patent filings rise around self-healing silicones and adaptive color-shift coatings, indicating a shift toward smart, climate-responsive surfaces.

Cool Roof Industry Leaders

  1. GAF Materials Corporation

  2. Sika AG

  3. 3M

  4. PPG Industries, Inc.

  5. Owens Corning

  6. *Disclaimer: Major Players sorted in no particular order
Cool Roof Market Concentration
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Recent Industry Developments

  • October 2024: IKO expanded its Dynasty Cool Colors Plus shingle line, introducing five new colors. These additions provide homeowners with a broader palette to match their architectural style and align with California's cool roof mandates. The newly introduced colors are Dual Brown, Graphite Black, Pebble Grey, Bayshore, and Coastal Sands.
  • June 2024: NanoTech Materials, a thermal materials manufacturer, unveiled a Next Generation Cool Roof Coating that combines traditional thermal properties with low thermal conductivity. The coating can extend the life of aging roofs by more than 10 years.

Table of Contents for Cool Roof Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Energy-efficiency Regulations and Zero-carbon Mandates
    • 4.2.2 Urban Heat-island Mitigation Programs
    • 4.2.3 Rising Electricity Tariffs in Hot Climates
    • 4.2.4 Data-centre Cooling Retrofits for Heat Reduction
    • 4.2.5 Synergies with Building-integrated PV Reflectors
  • 4.3 Market Restraints
    • 4.3.1 Higher Upfront Cost vs Asphalt Roofs
    • 4.3.2 Performance Degradation in Humid/Cloudy Zones
    • 4.3.3 Aviation-glare Restrictions Near Airports
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Roof Type
    • 5.1.1 Steep-Slope Roofs
    • 5.1.2 Low-Slope Roofs
    • 5.1.3 Flat Roofs
  • 5.2 By Material Type
    • 5.2.1 Cool Roof Coatings
    • 5.2.2 Single-Ply Membranes (TPO, PVC)
    • 5.2.3 Asphalt Shingles
    • 5.2.4 Metal Roofs
    • 5.2.5 Tiles and Slates
    • 5.2.6 Built-Up Roofs (BUR)
    • 5.2.7 Modified Bitumen
    • 5.2.8 Other Material Types (green roofs, wood shingles)
  • 5.3 By Coating Chemistry
    • 5.3.1 Elastomeric
    • 5.3.2 Acrylic
    • 5.3.3 Silicone
    • 5.3.4 Polyurethane
    • 5.3.5 Other Coating Chemistries (aluminium, ceramic)
  • 5.4 By Application
    • 5.4.1 Residential Buildings
    • 5.4.2 Commercial Buildings
    • 5.4.3 Industrial Facilities
    • 5.4.4 Government and Public Infrastructure
    • 5.4.5 Healthcare and Educational Campuses
    • 5.4.6 Other Applications (Industrial Facilities, etc.)
  • 5.5 By Geography
    • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 ASEAN Countries
    • 5.5.1.6 Rest of Asia-Pacific
    • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 Nordic Countries
    • 5.5.3.8 Rest of Europe
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 3M
    • 6.4.2 Akzo Nobel N.V.
    • 6.4.3 Asian Paints Limited
    • 6.4.4 BASF
    • 6.4.5 Carlisle Companies Inc.
    • 6.4.6 Dow
    • 6.4.7 Excel Coatings
    • 6.4.8 GACO
    • 6.4.9 GAF Materials LLC
    • 6.4.10 IKO Industries Ltd.
    • 6.4.11 Johns Manville
    • 6.4.12 NanoTech Materials
    • 6.4.13 Nippon Paint Holdings Co., Ltd.
    • 6.4.14 Nutech
    • 6.4.15 Owens Corning
    • 6.4.16 PPG Industries, Inc.
    • 6.4.17 Saint-Gobain
    • 6.4.18 Sika AG
    • 6.4.19 SOPREMA

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
  • 7.2 Subsidised Cool Roofs for Low-income Urban Housing
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Global Cool Roof Market Report Scope

By Roof Type
Steep-Slope Roofs
Low-Slope Roofs
Flat Roofs
By Material Type
Cool Roof Coatings
Single-Ply Membranes (TPO, PVC)
Asphalt Shingles
Metal Roofs
Tiles and Slates
Built-Up Roofs (BUR)
Modified Bitumen
Other Material Types (green roofs, wood shingles)
By Coating Chemistry
Elastomeric
Acrylic
Silicone
Polyurethane
Other Coating Chemistries (aluminium, ceramic)
By Application
Residential Buildings
Commercial Buildings
Industrial Facilities
Government and Public Infrastructure
Healthcare and Educational Campuses
Other Applications (Industrial Facilities, etc.)
By Geography
Asia-PacificChina
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Nordic Countries
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSaudi Arabia
South Africa
Rest of Middle East and Africa
By Roof TypeSteep-Slope Roofs
Low-Slope Roofs
Flat Roofs
By Material TypeCool Roof Coatings
Single-Ply Membranes (TPO, PVC)
Asphalt Shingles
Metal Roofs
Tiles and Slates
Built-Up Roofs (BUR)
Modified Bitumen
Other Material Types (green roofs, wood shingles)
By Coating ChemistryElastomeric
Acrylic
Silicone
Polyurethane
Other Coating Chemistries (aluminium, ceramic)
By ApplicationResidential Buildings
Commercial Buildings
Industrial Facilities
Government and Public Infrastructure
Healthcare and Educational Campuses
Other Applications (Industrial Facilities, etc.)
By GeographyAsia-PacificChina
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Nordic Countries
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSaudi Arabia
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

How large is the global cool roofs segment today and what value is expected by 2030?

The segment totals USD 15.27 Billion in 2025 and is projected to reach USD 20.02 Billion by 2030, growing at a 5.57% CAGR.

Which roof type is forecast to show the quickest adoption of cool-roof technology?

Flat roofs are expected to expand the fastest, recording a 6.12% CAGR through 2030 as urban buildings seek solar-ready, multifunction surfaces.

Where is cool-roof uptake accelerating most rapidly over 2025-2030?

Asia-Pacific leads in growth with a 6.71% CAGR, driven by India’s state mandates and China’s data-center construction boom.

What regulations are most influential in pushing global cool-roof adoption?

California Title 24’s 2025 update and the European Union’s zero-emission building rule for 2030 together set higher reflectance and energy-efficiency thresholds that make cool roofs a compliance necessity.

How much cooling-energy reduction can data centers achieve using cool roofs?

Reflective membranes paired with server-level efficiency measures can cut data-center energy use by roughly 25%, with additional carbon and grid-services benefits.

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