The global Passive Radiative Cooling Materials market was valued at US$ 13.70 million in 2024 and is anticipated to reach US$ 106.64 million by 2031, witnessing a CAGR of 30.5% during the forecast period 2026-2031.
North American market for Passive Radiative Cooling Materials is estimated to increase from $ 1.00 million in 2024 to reach $ 10.62 million by 2031, at a CAGR of 39.0% during the forecast period of 2024 through 2031.
Asia-Pacific market for Passive Radiative Cooling Materials is estimated to increase from $ 10.90 million in 2024 to reach $ 69.33 million by 2031, at a CAGR of 26.5% during the forecast period of 2024 through 2031.
The major global manufacturers of Passive Radiative Cooling Materials include i2Cool, Radi-Cool, SPACE COOL, Azure Era, 3M, SVG Optoelectronics, MG Energy, CSCEC, and Cryox, etc. In 2024, the world's top three vendors accounted for approximately 76.39% of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Passive Radiative Cooling Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Passive Radiative Cooling Materials.
The Passive Radiative Cooling Materials market size, estimations, and forecasts are provided in terms of output/shipments (K Sqm) and revenue (K USD), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Passive Radiative Cooling Materials market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Passive Radiative Cooling Materials manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- SPACE COOL
- Azure Era
- i2Cool
- MG Energy
- CSCEC
- Radi-Cool
- 3M
- Pirta
- Cryox
- SVG Optoelectronics
Segment by Type
- Membranes
- Coatings
- Others
Segment by Application
- Construction Industry
- Logistics and Warehousing
- Transportation Equipment
- Energy and Power Facilities
- Others
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
- Latin America, Middle East & Africa
- Mexico
- Brazil
- Turkey
- Saudi Arabia
- UAE
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Passive Radiative Cooling Materials manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Passive Radiative Cooling Materials by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Passive Radiative Cooling Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Table of Contents
1 Passive Radiative Cooling Materials Market Overview
- 1.1 Product Definition
- 1.2 Passive Radiative Cooling Materials by Type
- 1.2.1 Global Passive Radiative Cooling Materials Market Value Growth Rate Analysis by Type: 2024 VS 2031
- 1.2.2 Coatings
- 1.2.3 Membranes
- 1.2.4 Others
- 1.3 Passive Radiative Cooling Materials by Application
- 1.3.1 Global Passive Radiative Cooling Materials Market Value Growth Rate Analysis by Application: 2024 VS 2031
- 1.3.2 Construction Industry
- 1.3.3 Logistics and Warehousing
- 1.3.4 Transportation Equipment
- 1.3.5 Energy and Power Facilities
- 1.3.6 Others
- 1.4 Global Market Growth Prospects
- 1.4.1 Global Passive Radiative Cooling Materials Production Value Estimates and Forecasts (2020-2031)
- 1.4.2 Global Passive Radiative Cooling Materials (Membranes and Coatings) Production (2020-2025)
- 1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
- 2.1 Global Passive Radiative Cooling Materials Production Market Share by Manufacturers (2020-2025)
- 2.2 Global Passive Radiative Cooling Materials Average Price by Manufacturers (2020-2025)
- 2.3 Global Passive Radiative Cooling Materials Production Value Market Share by Manufacturers (2020-2025)
- 2.4 Global Key Players of Passive Radiative Cooling Materials, Industry Ranking, 2024 VS 2025
- 2.5 Global Passive Radiative Cooling Materials Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 2.6 Global Key Manufacturers of Passive Radiative Cooling Materials, Manufacturing Sites & Headquarters
- 2.7 Global Key Manufacturers of Passive Radiative Cooling Materials, Product Type & Application
- 2.8 Establish Date of Global Key Passive Radiative Cooling Materials Manufacturers
- 2.9 Global Passive Radiative Cooling Materials Market Competitive Situation and Trends
- 2.9.1 Global Passive Radiative Cooling Materials Market Concentration Rate
- 2.9.2 Global 3 and 5 Largest Passive Radiative Cooling Materials Players Market Share by Revenue
- 2.10 New Entrants
- 2.11 Mergers & Acquisitions, Expansion
3 Passive Radiative Cooling Materials (Membranes and Coatings) Production by Region
- 3.1 Global Passive Radiative Cooling Membranes Production Volume by Region (2020-2025)
- 3.2 Global Passive Radiative Cooling Coatings Production Volume by Region (2020-2025)
- 3.3 Global Passive Radiative Cooling Materials Production, Year-over-Year Growth
- 3.3.1 North America Passive Radiative Cooling Materials Production (2020-2025)
- 3.3.2 Europe Passive Radiative Cooling Materials Production (2020-2025)
- 3.3.3 China Passive Radiative Cooling Materials Production (2020-2025)
- 3.3.4 Japan Passive Radiative Cooling Materials Production (2020-2025)
4 Passive Radiative Cooling Materials Market by Region
- 4.1 Global Passive Radiative Cooling Materials Market Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
- 4.2 North America
- 4.2.1 North America Passive Radiative Cooling Materials Market Size (2020-2031)
- 4.2.2 North America Passive Radiative Cooling Materials Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.2.3 North America Passive Radiative Cooling Materials Market Size by Country (2020-2025)
- 4.2.4 North America Passive Radiative Cooling Materials Market Size by Country (2026-2031)
- 4.2.5 United States
- 4.2.6 Canada
- 4.3 Europe
- 4.3.1 Europe Passive Radiative Cooling Materials Market Size (2020-2031)
- 4.3.2 Europe Passive Radiative Cooling Materials Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.3.3 Europe Passive Radiative Cooling Materials Market Size by Country (2020-2025)
- 4.3.4 Europe Passive Radiative Cooling Materials Market Size by Country (2026-2031)
- 4.3.5 Germany
- 4.3.6 France
- 4.3.7 U.K.
- 4.3.8 Italy
- 4.3.9 Russia
- 4.4 Asia-Pacific
- 4.4.1 Asia-Pacific Passive Radiative Cooling Materials Market Size (2020-2031)
- 4.4.2 Asia-Pacific Passive Radiative Cooling Materials Market Growth Rate by Region: 2020 VS 2024 VS 2031
- 4.4.3 Asia-Pacific Passive Radiative Cooling Materials Market Size by Region (2020-2025)
- 4.4.4 Asia-Pacific Passive Radiative Cooling Materials Market Size by Region (2026-2031)
- 4.4.5 China
- 4.4.6 Japan
- 4.4.7 South Korea
- 4.4.8 Southeast Asia
- 4.4.9 India
- 4.4.10 Australia
- 4.5 Latin America
- 4.5.1 Latin America Passive Radiative Cooling Materials Market Size (2020-2031)
- 4.5.2 Latin America Passive Radiative Cooling Materials Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.5.3 Latin America Passive Radiative Cooling Materials Market Size by Country (2020-2025)
- 4.5.4 Latin America Passive Radiative Cooling Materials Market Size by Country (2026-2031)
- 4.5.5 Mexico
- 4.5.6 Brazil
- 4.6 Middle East & Africa
- 4.6.1 Middle East & Africa Passive Radiative Cooling Materials Market Size (2020-2031)
- 4.6.2 Middle East & Africa Passive Radiative Cooling Materials Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.6.3 Middle East & Africa Passive Radiative Cooling Materials Market Size by Country (2020-2025)
- 4.6.4 Middle East & Africa Passive Radiative Cooling Materials Market Size by Country (2026-2031)
- 4.6.5 Turkey
- 4.6.6 Saudi Arabia
- 4.6.7 UAE
5 Segment by Type
- 5.1 Global Passive Radiative Cooling Materials Production by Type (2020-2031) (Membranes and Coatings)
- 5.1.1 Global Passive Radiative Cooling Materials Production by Type (2020-2025) (Membranes and Coatings)
- 5.1.2 Global Passive Radiative Cooling Materials Production by Type (2026-2031) (Membranes and Coatings)
- 5.1.3 Global Passive Radiative Cooling Materials Production Market Share by Type (2020-2031) (Membranes and Coatings)
- 5.2 Global Passive Radiative Cooling Materials Production Value by Type (2020-2031)
- 5.2.1 Global Passive Radiative Cooling Materials Production Value by Type (2020-2025)
- 5.2.2 Global Passive Radiative Cooling Materials Production Value by Type (2026-2031)
- 5.2.3 Global Passive Radiative Cooling Materials Production Value Market Share by Type (2020-2031)
- 5.3 Global Passive Radiative Cooling Materials Price by Type (2020-2031)
6 Segment by Application
- 6.1 Global Passive Radiative Cooling Materials Production Value by Application (2020-2031)
- 6.1.1 Global Passive Radiative Cooling Materials Production Value by Application (2020-2025)
- 6.1.2 Global Passive Radiative Cooling Materials Production Value by Application (2026-2031)
- 6.1.3 Global Passive Radiative Cooling Materials Production Value Market Share by Application (2020-2031)
- 6.2 Global Passive Radiative Cooling Membranes Production by Application (2020-2031)
- 6.2.1 Global Passive Radiative Cooling Membranes Production by Application (2020-2031)
- 6.2.1 Global Passive Radiative Cooling Membranes Production Value by Application (2020-2031)
- 6.2.2 Global Passive Radiative Cooling Membranes Price by Application (2020-2031)
- 6.3 Global Passive Radiative Cooling Coatings Production by Application (2020-2031)
- 6.3.1 Global Passive Radiative Cooling Coatings Production by Application (2020-2031)
- 6.3.2 Global Passive Radiative Cooling Coatings Production Value by Application (2020-2031)
- 6.3.3 Global Passive Radiative Cooling Coatings Price by Application (2020-2031)
7 Key Companies Profiled
- 7.1 SPACE COOL
- 7.1.1 SPACE COOL Passive Radiative Cooling Materials Company Information
- 7.1.2 SPACE COOL Passive Radiative Cooling Materials Product Portfolio
- 7.1.3 SPACE COOL Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.1.4 SPACE COOL Main Business and Markets Served
- 7.1.5 SPACE COOL Recent Developments/Updates
- 7.2 Azure Era
- 7.2.1 Azure Era Passive Radiative Cooling Materials Company Information
- 7.2.2 Azure Era Passive Radiative Cooling Materials Product Portfolio
- 7.2.3 Azure Era Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.2.4 Azure Era Main Business and Markets Served
- 7.3 i2Cool
- 7.3.1 i2Cool Passive Radiative Cooling Materials Company Information
- 7.3.2 i2Cool Passive Radiative Cooling Materials Product Portfolio
- 7.3.3 i2Cool Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.3.4 i2Cool Main Business and Markets Served
- 7.3.5 i2Cool Recent Developments/Updates
- 7.4 MG Energy
- 7.4.1 MG Energy Passive Radiative Cooling Materials Company Information
- 7.4.2 MG Energy Passive Radiative Cooling Materials Product Portfolio
- 7.4.3 MG Energy Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.4.4 MG Energy Main Business and Markets Served
- 7.4.5 MG Energy Recent Developments/Updates
- 7.5 CSCEC
- 7.5.1 CSCEC Passive Radiative Cooling Materials Company Information
- 7.5.2 CSCEC Passive Radiative Cooling Materials Product Portfolio
- 7.5.3 CSCEC Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.5.4 CSCEC Main Business and Markets Served
- 7.6 Radi-Cool
- 7.6.1 Radi-Cool Passive Radiative Cooling Materials Company Information
- 7.6.2 Radi-Cool Passive Radiative Cooling Materials Product Portfolio
- 7.6.3 Radi-Cool Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.6.4 Radi-Cool Main Business and Markets Served
- 7.7 3M
- 7.7.1 3M Passive Radiative Cooling Materials Company Information
- 7.7.2 3M Passive Radiative Cooling Materials Product Portfolio
- 7.7.3 3M Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.7.4 3M Main Business and Markets Served
- 7.7.5 3M Recent Developments/Updates
- 7.8 Pirta
- 7.8.1 Pirta Passive Radiative Cooling Materials Company Information
- 7.8.2 Pirta Passive Radiative Cooling Materials Product Portfolio
- 7.8.3 Pirta Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.8.4 Pirta Main Business and Markets Served
- 7.8.5 Pirta Recent Developments/Updates
- 7.9 Cryox
- 7.9.1 Cryox Passive Radiative Cooling Materials Company Information
- 7.9.2 Cryox Passive Radiative Cooling Materials Product Portfolio
- 7.9.3 Cryox Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.9.4 Cryox Main Business and Markets Served
- 7.10 SVG Optoelectronics
- 7.10.1 SVG Optoelectronics Passive Radiative Cooling Materials Company Information
- 7.10.2 SVG Optoelectronics Passive Radiative Cooling Materials Product Portfolio
- 7.10.3 SVG Optoelectronics Passive Radiative Cooling Materials Production, Value, Price and Gross Margin (2020-2025)
- 7.10.4 SVG Optoelectronics Main Business and Markets Served
8 Industry Chain and Sales Channels Analysis
- 8.1 Passive Radiative Cooling Materials Industry Chain Analysis
- 8.2 Passive Radiative Cooling Materials Raw Material Supply Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.3 Passive Radiative Cooling Materials Production Mode & Process Analysis
- 8.4 Passive Radiative Cooling Materials Sales and Marketing
- 8.4.1 Passive Radiative Cooling Materials Sales Model
- 8.4.2 Passive Radiative Cooling Materials Sales Channels
- 8.4.3 Passive Radiative Cooling Materials Distributors
- 8.5 Passive Radiative Cooling Materials Customer Analysis
9 Passive Radiative Cooling Materials Market Dynamics
- 9.1 Passive Radiative Cooling Materials Industry Trends
- 9.2 Passive Radiative Cooling Materials Market Drivers
- 9.3 Passive Radiative Cooling Materials Market Challenges
- 9.4 Passive Radiative Cooling Materials Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.1.1 Research Programs/Design
- 11.1.2 Market Size Estimation
- 11.1.3 Market Breakdown and Data Triangulation
- 11.2 Data Source
- 11.2.1 Secondary Sources
- 11.2.2 Primary Sources
- 11.3 Author List
- 11.4 Disclaimer