• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    India Cool Roof Market

    ID: MRFR/PNT/54429-HCR
    111 Pages
    Snehal Singh
    October 2025

    India Cool Roof Market Research Report: By Type (Steep-Sloped Roof, Low-sloped Roof), By Product Type (Coated Roofs, Foam Roofs, Single-Ply Membrane, Modified Bur, Metal Roofs, Asphalt Shingles, Tiles, Slates), andBy Application (Residential, Commercial, Industrial)- Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    India Cool Roof Market Infographic
    Purchase Options

    India Cool Roof Market Summary

    As per MRFR analysis, the cool roof market size was estimated at 2125.0 USD Million in 2024. The cool roof market is projected to grow from 2315.83 USD Million in 2025 to 5471.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.98% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India cool roof market is experiencing robust growth driven by increasing awareness and supportive government policies.

    • The residential segment represents the largest share of the India cool roof market, reflecting a growing consumer preference for energy-efficient solutions.
    • The commercial segment is the fastest-growing, driven by rising energy costs and the need for sustainable building practices.
    • Government incentives and regulations are significantly influencing market dynamics, promoting the adoption of cool roofing technologies.
    • The increasing urban heat island effect and government initiatives for sustainable development are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 2125.0 (USD Million)
    2035 Market Size 5471.0 (USD Million)

    Major Players

    GAF Materials Corporation (US), CertainTeed Corporation (US), Kool Roofs (US), Duro-Last Roofing, Inc. (US), Sika AG (CH), Firestone Building Products (US), Carlisle Companies Incorporated (US), BASF SE (DE)

    India Cool Roof Market Trends

    The The cool roof market is experiencing notable growth, driven by increasing awareness of energy efficiency and sustainability. As urbanization accelerates, the demand for innovative roofing solutions that mitigate heat absorption is rising. Cool roofs, which reflect more sunlight and absorb less heat than standard roofs, are becoming essential in combating urban heat islands. This trend aligns with governmental initiatives aimed at reducing energy consumption and promoting environmentally friendly practices. Furthermore, the integration of cool roofing materials in construction projects is gaining traction, as builders and architects recognize their potential to enhance building performance and occupant comfort. In addition, the cool roof market is influenced by regulatory frameworks that encourage the adoption of energy-efficient technologies. Various state and local governments are implementing policies that mandate or incentivize the use of cool roofing systems in new constructions and renovations. This regulatory support is likely to foster innovation and investment in the sector, leading to the development of advanced materials and technologies. As the market evolves, stakeholders are expected to focus on educating consumers about the benefits of cool roofs, thereby driving further adoption and integration into mainstream construction practices.

    Rising Awareness of Energy Efficiency

    There is a growing recognition of the importance of energy-efficient building solutions. Cool roofs are increasingly seen as a viable option to reduce energy consumption in urban areas, leading to a surge in demand.

    Government Incentives and Regulations

    Government policies are playing a crucial role in promoting the adoption of cool roofing technologies. Incentives and regulations are encouraging builders to incorporate these systems into their projects.

    Technological Advancements in Materials

    Innovations in roofing materials are enhancing the performance of cool roofs. New technologies are being developed to improve reflectivity and durability, making these solutions more appealing to consumers.

    India Cool Roof Market Drivers

    Rising Energy Costs

    The escalating costs of energy in India are prompting building owners to seek more efficient solutions to manage their energy consumption. With electricity prices rising, particularly during peak summer months, the cool roof market is gaining traction as a viable alternative. Cool roofs can significantly reduce the need for air conditioning by reflecting sunlight and absorbing less heat, which can lead to energy savings of 20-30%. This reduction in energy demand not only lowers utility bills but also contributes to a decrease in greenhouse gas emissions. As energy costs continue to rise, the cool roof market is likely to see increased adoption among residential and commercial properties, as stakeholders recognize the long-term financial and environmental benefits of investing in energy-efficient roofing solutions.

    Growing Construction Sector

    India's construction sector is experiencing robust growth, driven by urbanization and infrastructure development. This expansion presents a significant opportunity for the cool roof market, as new buildings are increasingly being designed with energy efficiency in mind. The demand for cool roofing materials is likely to rise as architects and builders seek to comply with energy efficiency standards and enhance the sustainability of their projects. According to recent estimates, the construction sector is projected to grow at a CAGR of 7-8% over the next few years. This growth will likely lead to a higher adoption rate of cool roofs, as stakeholders recognize the benefits of reducing heat absorption and improving energy efficiency in new constructions.

    Increasing Urban Heat Island Effect

    The urban heat island effect is becoming increasingly pronounced in Indian cities, leading to higher ambient temperatures. This phenomenon occurs when urban areas experience significantly warmer temperatures than their rural surroundings due to human activities and infrastructure. As cities expand, the demand for solutions to mitigate heat becomes critical. The cool roof market is poised to benefit from this trend, as reflective roofing materials can help reduce heat absorption, thereby lowering indoor temperatures. Studies indicate that implementing cool roofs can decrease surface temperatures by up to 5-10 degrees Celsius, which is particularly beneficial in densely populated areas. This growing awareness of the urban heat island effect is driving the adoption of cool roofing solutions, as municipalities and building owners seek to create more comfortable living environments while also addressing climate change concerns.

    Consumer Demand for Eco-Friendly Solutions

    There is a noticeable shift in consumer preferences towards eco-friendly and sustainable building materials in India. As awareness of environmental issues grows, more homeowners and businesses are seeking solutions that minimize their ecological footprint. The cool roof market is well-positioned to capitalize on this trend, as cool roofs not only enhance energy efficiency but also contribute to reducing urban heat. Consumers are increasingly inclined to invest in roofing solutions that align with their values of sustainability and environmental responsibility. This growing demand for eco-friendly solutions is likely to drive innovation and competition within the cool roof market, as manufacturers strive to develop more effective and sustainable roofing materials.

    Government Initiatives for Sustainable Development

    The Indian government is actively promoting sustainable development through various initiatives aimed at reducing energy consumption and enhancing urban resilience. Programs such as the Smart Cities Mission and the National Mission for Sustainable Habitat encourage the adoption of energy-efficient technologies, including cool roofs. These initiatives often provide financial incentives and technical support to encourage the implementation of cool roofing solutions. The cool roof market is expected to benefit from these government policies, as they align with national goals to reduce carbon emissions and improve urban living conditions. Furthermore, the government's commitment to achieving a 33-35% reduction in emissions intensity by 2030 under the Paris Agreement underscores the importance of adopting innovative solutions like cool roofs to meet these targets.

    Market Segment Insights

    Cool Roof Market Type Insights

    The India Cool Roof Market is gaining momentum due to its innovative approaches to mitigating urban heat and enhancing energy efficiency, primarily influenced by its classification into different types. Among the types, the steep-sloped roof category stands out for its practical advantages in various climatic conditions prevalent across India.

    These roofs are particularly efficient in promoting water runoff, reducing the risk of leakages and maintenance challenges. On the other hand, low-sloped roofs are increasingly being adopted for commercial and industrial buildings, showcasing their adaptability to urban environments where space is constrained.

    The demand across these types reflects the growing awareness of sustainable construction practices and energy conservation, essential in the Indian context where rising temperatures pose challenges to urban areas.

    The interplay of government policies promoting energy-efficient building codes and construction practices has also been instrumental in shaping the India Cool Roof Market, driving both innovation and implementation.

    As the country moves toward sustainable urbanization, the significance of these roof types becomes integral; steep-sloped roofs lead in aesthetic appeal and traditional architecture, while low-sloped roofs offer functional advantages for larger buildings.

    Cool Roof Market Product Type Insights

    The India Cool Roof Market, which has shown promising growth, is significantly driven by various product types designed to enhance energy efficiency and reduce heat absorption in buildings. Among these, Coated Roofs stand out for their ability to reflect solar radiation, thus contributing to cooler indoor temperatures.

    Foam Roofs are gaining traction due to their excellent insulating properties and ease of installation, making them favorable for both residential and commercial buildings. Additionally, Single-Ply Membrane systems are recognized for their durability and cost-effectiveness, appealing to a wide range of clients seeking sustainable options.

    Modified Bitumen (Bur) has been valued for its weather resistance, making it a popular choice in regions facing harsh climatic conditions. Metal Roofs are also significant as they offer longevity and are highly reflective, contributing to the overall energy efficiency of buildings.

    Asphalt Shingles continue to hold a major presence due to their affordability and aesthetic appeal. Furthermore, Tiles and Slates are appreciated not only for their architectural beauty but also for their ability to provide natural insulation, thereby enhancing the cool roofs' functionality.

    As awareness of energy-efficient roofing solutions grows in India, all these product types present substantial opportunities for market expansion and innovation in the cool roof segment.

    Cool Roof Market Application Insights

    The India Cool Roof Market is witnessing significant growth across various applications including Residential, Commercial, and Industrial sectors. The increasing urbanization and rising temperatures are driving the adoption of cool roofing solutions, aimed at reducing heat absorption and improving energy efficiency.

    The Residential segment plays a crucial role in enhancing living conditions and decreasing cooling costs, making it a vital part of the market landscape. Meanwhile, the Commercial sector benefits from large-scale installations which contribute to substantial energy savings and increased occupant comfort, thus fostering a competitive edge for businesses.

    Furthermore, the Industrial segment leverages cool roofing technologies to lower operational costs and minimize the heat island effect. Government initiatives towards sustainability and energy conservation also play an instrumental role in influencing trends within the India Cool Roof Market, fostering a favorable environment for growth.

    Overall, the segmentation highlights the diverse applications and significance of cool roofing technologies in combating the effects of climate change while promoting energy-efficient practices in India.

    Get more detailed insights about India Cool Roof Market

    Key Players and Competitive Insights

    The cool roof market in India is currently characterized by a dynamic competitive landscape, driven by increasing awareness of energy efficiency and sustainability. Major players are actively engaging in strategic initiatives to enhance their market presence. For instance, GAF Materials Corporation (US) has focused on innovation, particularly in developing reflective roofing materials that improve energy efficiency. Similarly, Sika AG (CH) has been expanding its product portfolio to include advanced cool roofing solutions, indicating a strong commitment to sustainability and performance. These strategies collectively shape a competitive environment that emphasizes technological advancement and environmental responsibility.

    Key business tactics employed by these companies include localizing manufacturing and optimizing supply chains to reduce costs and improve service delivery. The market appears moderately fragmented, with several key players influencing the overall structure. This fragmentation allows for a diverse range of products and services, catering to various customer needs while fostering healthy competition among established and emerging firms.

    In September 2025, CertainTeed Corporation (US) announced a partnership with a leading Indian construction firm to develop a new line of cool roofing products tailored for the local market. This strategic move not only enhances CertainTeed's market penetration but also aligns with the growing demand for energy-efficient building materials in India. The collaboration is expected to leverage local expertise and distribution networks, thereby strengthening the company's competitive position.

    In October 2025, BASF SE (DE) launched a new cool roof coating that incorporates advanced reflective technology, aimed at reducing urban heat islands. This product introduction is significant as it reflects BASF's commitment to innovation and sustainability, potentially setting new benchmarks in the industry. The launch is likely to attract attention from environmentally conscious consumers and businesses, further solidifying BASF's reputation as a leader in sustainable building solutions.

    Moreover, in August 2025, Firestone Building Products (US) expanded its operations in India by establishing a new manufacturing facility dedicated to cool roofing products. This expansion is indicative of Firestone's long-term strategy to capitalize on the growing demand for energy-efficient roofing solutions in the region. By increasing local production capacity, the company aims to enhance its supply chain efficiency and reduce lead times, which could provide a competitive edge in the market.

    As of November 2025, current trends in the cool roof market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Companies that prioritize innovation and sustainability are likely to differentiate themselves in this evolving market, suggesting a promising outlook for the future.

    Key Companies in the India Cool Roof Market market include

    Industry Developments

    The India Cool Roof Market is witnessing significant developments, with increasing awareness regarding urban heat management and energy efficiency. In October 2023, Asian Paints launched its innovative cool roof coating technology aimed at reducing heat absorption in urban buildings.

    This move is part of a broader trend observed over the past few years, where companies like Berger Paints and Sika India have also introduced products specifically aimed at improving building energy performance. In terms of financial outlook, major firms such as SaintGobain and Nerolac have reported substantial growth, attributing it to the rising demand for energy-efficient solutions in residential and commercial sectors.

    The Indian government has also been promoting cool roofing technologies under initiatives aimed at sustainable urban development. Moreover, in March 2023, a merger announcement was made involving Pidilite Industries and a regional player to enhance their portfolio in sustainable construction, with the aim to leverage cool roofing products.

    The competitive landscape of the market is further fueled by established players like Dulux, Jotun, and BASF investing in Research and Development to innovate their offerings.

    Future Outlook

    India Cool Roof Market Future Outlook

    The cool roof market in India is projected to grow at an 8.98% CAGR from 2024 to 2035, driven by urbanization, energy efficiency mandates, and climate change initiatives.

    New opportunities lie in:

    • Development of reflective coatings for residential applications
    • Partnerships with construction firms for integrated cool roof solutions
    • Expansion into smart roofing technologies with IoT integration

    By 2035, the cool roof market is expected to achieve substantial growth and innovation.

    Market Segmentation

    India Cool Roof Market Type Outlook

    • Steep-Sloped Roof
    • Low-sloped Roof

    India Cool Roof Market Application Outlook

    • Residential
    • Commercial
    • Industrial

    India Cool Roof Market Product Type Outlook

    • Coated Roofs
    • Foam Roofs
    • Single-Ply Membranes
    • Modified Bur
    • Metal Roofs
    • Asphalt Shingles
    • Tiles
    • Slates

    Report Scope

    MARKET SIZE 2024 2125.0(USD Million)
    MARKET SIZE 2025 2315.83(USD Million)
    MARKET SIZE 2035 5471.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.98% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled GAF Materials Corporation (US), CertainTeed Corporation (US), Kool Roofs (US), Duro-Last Roofing, Inc. (US), Sika AG (CH), Firestone Building Products (US), Carlisle Companies Incorporated (US), BASF SE (DE)
    Segments Covered Type, Product Type, Application
    Key Market Opportunities Growing demand for energy-efficient building solutions drives innovation in the cool roof market.
    Key Market Dynamics Rising regulatory support and consumer awareness drive growth in the cool roof market in India.
    Countries Covered India

    Leave a Comment

    FAQs

    What is the projected market size of the India Cool Roof Market in 2024?

    The India Cool Roof Market is expected to be valued at 1.7 USD Billion in 2024.

    What will the value of the India Cool Roof Market be by 2035?

    By 2035, the India Cool Roof Market is projected to reach a value of 3.3 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the India Cool Roof Market from 2025 to 2035?

    The India Cool Roof Market is anticipated to grow at a CAGR of 6.216% during the period from 2025 to 2035.

    Which segment is expected to dominate the India Cool Roof Market?

    The Low-sloped Roof segment is forecasted to be the largest, with a value of 1.02 USD Billion in 2024.

    What will the market value for Steep-Sloped Roof be in 2035?

    The market value for Steep-Sloped Roof is expected to reach 1.32 USD Billion by 2035.

    Who are the major players in the India Cool Roof Market?

    Key players in the India Cool Roof Market include Dulux, Berger Paints, Sika India, and Asian Paints.

    What challenges might the India Cool Roof Market face in the coming years?

    The market may face challenges like competition and the need for new technologies in roof coatings.

    What growth drivers are influencing the India Cool Roof Market?

    Factors like increasing urbanization and energy efficiency concerns are driving growth in this market.

    How has the regional demand for cool roofs changed recently?

    The demand for cool roofs has seen a significant uptick in urban areas due to increasing heat levels.

    What is the expected market size for Low-sloped Roof by 2035?

    The market size for Low-sloped Roof is anticipated to reach 2.0 USD Billion by 2035.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions