Study Reports Elastomeric Plastic Accounted for Over 6 in 10 Cool Roof Coating Sales in 2018
DUBLIN – A recent study by Fact.MR projects promising growth prospects for the cool roof coatings market, with a volume increase in 2018 over 2017 estimated at nearly 39,000 MT. Cool roof coatings have emerged as an effective remedy to urbanization challenges, which include increasing energy demand and higher temperatures across tropical and subtropical regions. Additionally, cool roof coatings significantly aid in offsetting strains on electric grids due to increased demand for cooling and air conditioning.
Elastomeric plastic has traditionally reigned supreme among roofing materials in the cool roof coatings market. These materials account for 6 in 10 MT of cool roof coatings, with global sales estimated at over 400,000 MT in 2018. The relative superiority of elastomeric plastic in terms of performance over its counterparts, such as tiles and metals, continues to underpin its supremacy in the cool roof coatings market.