GCC Cool Roof Market – Opportunities & Forecast, 2020-2027
The market report studies the impact of COVID-19 on the
market while covering many aspects of the industry such as market size, market
status, emerging trends, and forecast. The report also offers a brief
information of the competitors and the specific growth opportunities, along
with key market drivers.
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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