GCC Cool Roof Market Forecast 2020 – 2027 – Top Key Players Analysis
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Major Players In GCC Cool Roof Market:
The leading players in the GCC Cool Roof Market:
- Owens Corning
- Boral Limited
- Sika AG
- Tamko Building Products LLC
- GAF Materials Corporation
- CertainTeed Corporation
- ATAS International, Inc.
Key Drivers Of GCC Cool Roof Market:
Growing investment in the infrastructure sector and the increasing demand for energy-efficient roofing systems from several industries and the commercial sector across GCC countries are major factors surging the growth of the GCC cool roof market. In addition to this, several constructional projects including Gasoline and Aromatics Project (GAP), Etihad Rail (Emirates Railway Project), Dubai Creek Harbour, Asian mall, The Avenues Riyadh, Fayat Project, Seven City JLT, and other projects are projected to bolster the growth of cool roof market in GCC region. Furthermore, several government initiatives such as the Energy Strategy 2050, the Dubai Expo 2020, the Sheikh Zayed Housing Programme, and Dubai Tourism Strategy will surge the investment in the residential and industrial sectors, thus fuelling the demand for cool roof market in the region.
The cool roof offers various advantages such as low maintenance, roof longevity, eco-friendly roofing solution, and higher resistance to the damages produced by hailstorms, solar radiations, and windstorms. This will further propel the cool roof market in the GCC region. Increasing awareness for the conservation of energy and rigorous environmental regulations by the governments will increase the demand for the cool roof market in the GCC region. Additionally, the rising emphasis on resource-efficient building projects will further accelerate the growth of the GCC cool roof market. On the other hand, variations in raw material prices and less awareness associated with the benefits of cool roofs are hindering the growth of the GCC cool roof market.
GCC Cool Roof Market Segmentation:
The GCC cool roof market has been segmented into the following categories:
GCC Cool Roof Market by Slope Type:
- Steep-slope Roofs
- Low-slope Roofs
GCC Cool Roof Market by Product Type:
- Coated Roofs
- Foam Roofs
- Modified BUR
- Single-ply Membranes
- Asphalt Shingles
- Metal Roofs
- Tiles and Slates
- Others (clay, concrete, wood shingles)
GCC Cool Roof Market by Application:
- Residential
- Commercial
- Industrial
GCC Cool Roof Market by Countries:
- UAE
- Saudi Arabia
- Oman
- Kuwait
- Rest of GCC
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