| Product Code: ETC10545022 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Maldives experienced a significant increase in import shipments of cool roof coatings in 2024, with top exporting countries being Sri Lanka, Italy, Denmark, Malaysia, and Netherlands. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from low in 2023 to high in 2024, indicating a more consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 was modest at 0.17, but there was a notable growth spurt in 2024 with a growth rate of 38.55 compared to the previous year. This suggests a growing demand for cool roof coatings in the Maldives market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Cool Roof Coating Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Cool Roof Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Cool Roof Coating Market - Industry Life Cycle |
3.4 Maldives Cool Roof Coating Market - Porter's Five Forces |
3.5 Maldives Cool Roof Coating Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Cool Roof Coating Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.7 Maldives Cool Roof Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Maldives Cool Roof Coating Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives Cool Roof Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability in building construction |
4.2.2 Government initiatives promoting the use of cool roof coatings for reducing energy consumption |
4.2.3 Growth in the construction industry in the Maldives |
4.3 Market Restraints |
4.3.1 High initial installation costs of cool roof coatings |
4.3.2 Limited availability of skilled labor for application and maintenance of cool roof coatings |
4.3.3 Lack of awareness among consumers about the benefits of cool roof coatings |
5 Maldives Cool Roof Coating Market Trends |
6 Maldives Cool Roof Coating Market, By Types |
6.1 Maldives Cool Roof Coating Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Cool Roof Coating Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Maldives Cool Roof Coating Market Revenues & Volume, By Elastomeric Coatings, 2021 - 2031F |
6.1.4 Maldives Cool Roof Coating Market Revenues & Volume, By Acrylic Coatings, 2021 - 2031F |
6.1.5 Maldives Cool Roof Coating Market Revenues & Volume, By Silicone Coatings, 2021 - 2031F |
6.1.6 Maldives Cool Roof Coating Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Maldives Cool Roof Coating Market, By Coating Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Cool Roof Coating Market Revenues & Volume, By Reflective, 2021 - 2031F |
6.2.3 Maldives Cool Roof Coating Market Revenues & Volume, By Non-Reflective, 2021 - 2031F |
6.3 Maldives Cool Roof Coating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Cool Roof Coating Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Maldives Cool Roof Coating Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Maldives Cool Roof Coating Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4 Maldives Cool Roof Coating Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Maldives Cool Roof Coating Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4.3 Maldives Cool Roof Coating Market Revenues & Volume, By Contractors, 2021 - 2031F |
6.4.4 Maldives Cool Roof Coating Market Revenues & Volume, By Real Estate Developers, 2021 - 2031F |
7 Maldives Cool Roof Coating Market Import-Export Trade Statistics |
7.1 Maldives Cool Roof Coating Market Export to Major Countries |
7.2 Maldives Cool Roof Coating Market Imports from Major Countries |
8 Maldives Cool Roof Coating Market Key Performance Indicators |
8.1 Average energy savings achieved by buildings using cool roof coatings |
8.2 Number of government policies or incentives supporting the adoption of cool roof coatings |
8.3 Growth rate of the construction industry in the Maldives |
9 Maldives Cool Roof Coating Market - Opportunity Assessment |
9.1 Maldives Cool Roof Coating Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Cool Roof Coating Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.3 Maldives Cool Roof Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Maldives Cool Roof Coating Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives Cool Roof Coating Market - Competitive Landscape |
10.1 Maldives Cool Roof Coating Market Revenue Share, By Companies, 2024 |
10.2 Maldives Cool Roof Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |