According to research published last year by market research and competitive intelligence provider Fact.MR, the cool roof coating market is expected to reach $8.3 billion by 2032—almost doubling what the market currently generates.
Cool roof coatings offer reduced cooling energy costs and increase comfort level by keeping temperature fluctuations inside the building in check. The Cool Roof Rating Council (CRCC) estimates average energy savings from cool roof coatings to be in the range of 7-15 percent, although energy savings vary based on geography and climate.