The market report is a historical overview and in-depth study on the current and future market. The report also offers a basic overview of the market size, share, leading players, top regions with major countries data, and a detailed segmentation description. It investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
The major players in the GCC cool roof market include:
- Owens Corning
- Boral Limited
- Sika AG
- Tamko Building Products LLC
- GAF Materials Corporation
- CertainTeed Corporation
- ATAS International, Inc.
Key Drivers of the GCC cool roof market:
The major factors responsible for the growth of the GCC cool roof market include the growing investment in the infrastructure sector and the rising demand for energy-efficient roofing systems from several industries and the commercial sector across the GCC countries. In addition to this, numerous constructional projects including Etihad Rail (Emirates Railway Project), Dubai Creek Harbour, Gasoline and Aromatics Project (GAP), Seven City JLT, Asian mall, The Avenues Riyadh, Fayat Project, and other projects are projected to accelerate the growth of GCC cool roof market size. Furthermore, several government initiatives such as the Dubai Expo 2020, the Sheikh Zayed Housing Programme, the Energy Strategy 2050, and Dubai Tourism Strategy will raise the investment in the residential and industrial sectors, thus fuelling the demand for the cool roof market in the GCC region.
The cool roof offers various advantages such as roof longevity, eco-friendly roofing solution, low maintenance, and higher resistance to the damages caused by hailstorms, solar radiations, and windstorms, which will further surge the cool roof market in the GCC region. Increasing awareness for the conservation of energy and strict environmental regulations by the governments will trigger the demand for the cool roof market in the region. According to the GCC cool roof market report, the growing emphasis on resource-efficient building projects will energize the growth of the GCC cool roof market. On the other hand, variations in raw material prices and less awareness related to the advantages of cool roofs hinder the growth of the GCC cool roof market.
Segmentation of the GCC cool roof market:
The major regions covered in the report are UAE, Saudi Arabia, Oman, Kuwait, and the Rest of GCC. It also contains regional volume and revenue of the forecast period. Moreover, it helps the reader to understand accurate data on volume sales according to the consumption for the same years.
On the basis of slope type, this report displays the production, revenue, price, market share, and overall growth rate of each slope type, primarily split into:
- Steep-slope Roofs
- Low-slope Roofs
On the basis of product type, this report displays the production, revenue, price, market share, and overall growth rate of each product type, primarily split into:
- Coated Roofs
- Foam Roofs
- Modified BUR
- Single-ply Membranes
- Asphalt Shingles
- Metal Roofs
- Tiles and Slates
- Others (clay, concrete, wood shingles)
On the basis of application, this report displays the production, revenue, price, market share, and overall growth rate of each application, primarily split into:
- Residential
- Commercial
- Industrial
On the basis of countries, this report displays the production, revenue, price, market share, and overall growth rate of each countries, primarily split into:
- UAE
- Saudi Arabia
- Oman
- Kuwait
- Rest of GCC
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