Global Passive Radiative Cooling Materials Market Growth 2024-2030

Global Passive Radiative Cooling Materials Market Growth 2024-2030

Passive radiative cooling materials are innovative substances designed to reduce temperatures without the use of energy or active cooling systems. These materials work by reflecting sunlight and radiating heat away from the surface in the form of infrared radiation, which escapes into space. They typically have high solar reflectance and high thermal emittance properties, enabling them to maintain cooler temperatures even under direct sunlight. Applications include cooling buildings, vehicles, and electronic devices, potentially leading to significant energy savings and reduced reliance on air conditioning. These materials contribute to sustainable cooling solutions and help mitigate the urban heat island effect and global warming.

The global Passive Radiative Cooling Materials market size is projected to grow from US$ 118 million in 2024 to US$ 272 million in 2030; it is expected to grow at a CAGR of 14.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Passive Radiative Cooling Materials Industry Forecast” looks at past sales and reviews total world Passive Radiative Cooling Materials sales in 2023, providing a comprehensive analysis by region and market sector of projected Passive Radiative Cooling Materials sales for 2024 through 2030. With Passive Radiative Cooling Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passive Radiative Cooling Materials industry.

This Insight Report provides a comprehensive analysis of the global Passive Radiative Cooling Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Passive Radiative Cooling Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Passive Radiative Cooling Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passive Radiative Cooling Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Passive Radiative Cooling Materials.

United States market for Passive Radiative Cooling Materials is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Passive Radiative Cooling Materials is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Passive Radiative Cooling Materials is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Passive Radiative Cooling Materials players cover SkyCool Systems, SPACE COOL, i2Cool, ChillSkyn, Radi-Cool, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Passive Radiative Cooling Materials market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Membranes
Coatings
Metal Sheets
Textiles

Segmentation by Application:
Industrial Plants
Grain Storage
Power Communication Facilities
Outdoor Infrastructure

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SkyCool Systems
SPACE COOL
i2Cool
ChillSkyn
Radi-Cool
SVG Optoelectronics
3M
Azure Era

Key Questions Addressed in this Report

What is the 10-year outlook for the global Passive Radiative Cooling Materials market?

What factors are driving Passive Radiative Cooling Materials market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Passive Radiative Cooling Materials market opportunities vary by end market size?

How does Passive Radiative Cooling Materials break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.