| Product Code: ETC10544925 | 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 |
Despite a significant drop in growth rate from 2023 to 2024, Nigeria continues to heavily rely on imports of cool roof coatings, with top exporting countries being China, UAE, India, Sweden, and Turkey. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024, underscoring the dominance of these key exporters. The negative compound annual growth rate (CAGR) from 2020 to 2024 suggests challenges in the market, necessitating a closer look at factors impacting the demand for cool roof coatings in Nigeria.

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 Nigeria Cool Roof Coating Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Cool Roof Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Cool Roof Coating Market - Industry Life Cycle |
3.4 Nigeria Cool Roof Coating Market - Porter's Five Forces |
3.5 Nigeria Cool Roof Coating Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Cool Roof Coating Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.7 Nigeria Cool Roof Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Cool Roof Coating Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Cool Roof Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability |
4.2.2 Government initiatives promoting green building technologies |
4.2.3 Growing construction industry in Nigeria |
4.3 Market Restraints |
4.3.1 Lack of awareness about cool roof coatings and their benefits |
4.3.2 High initial costs of cool roof coatings |
4.3.3 Limited availability of skilled professionals for installation and maintenance |
5 Nigeria Cool Roof Coating Market Trends |
6 Nigeria Cool Roof Coating Market, By Types |
6.1 Nigeria Cool Roof Coating Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Cool Roof Coating Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Cool Roof Coating Market Revenues & Volume, By Elastomeric Coatings, 2021 - 2031F |
6.1.4 Nigeria Cool Roof Coating Market Revenues & Volume, By Acrylic Coatings, 2021 - 2031F |
6.1.5 Nigeria Cool Roof Coating Market Revenues & Volume, By Silicone Coatings, 2021 - 2031F |
6.1.6 Nigeria Cool Roof Coating Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Nigeria Cool Roof Coating Market, By Coating Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Cool Roof Coating Market Revenues & Volume, By Reflective, 2021 - 2031F |
6.2.3 Nigeria Cool Roof Coating Market Revenues & Volume, By Non-Reflective, 2021 - 2031F |
6.3 Nigeria Cool Roof Coating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Cool Roof Coating Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Nigeria Cool Roof Coating Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Nigeria Cool Roof Coating Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4 Nigeria Cool Roof Coating Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Cool Roof Coating Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4.3 Nigeria Cool Roof Coating Market Revenues & Volume, By Contractors, 2021 - 2031F |
6.4.4 Nigeria Cool Roof Coating Market Revenues & Volume, By Real Estate Developers, 2021 - 2031F |
7 Nigeria Cool Roof Coating Market Import-Export Trade Statistics |
7.1 Nigeria Cool Roof Coating Market Export to Major Countries |
7.2 Nigeria Cool Roof Coating Market Imports from Major Countries |
8 Nigeria Cool Roof Coating Market Key Performance Indicators |
8.1 Average annual temperature in Nigeria |
8.2 Number of green building certifications in Nigeria |
8.3 Percentage increase in construction projects incorporating cool roof coatings |
8.4 Adoption rate of energy-efficient building technologies |
8.5 Number of training programs for cool roof coating installation and maintenance |
9 Nigeria Cool Roof Coating Market - Opportunity Assessment |
9.1 Nigeria Cool Roof Coating Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Cool Roof Coating Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.3 Nigeria Cool Roof Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Cool Roof Coating Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Cool Roof Coating Market - Competitive Landscape |
10.1 Nigeria Cool Roof Coating Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Cool Roof Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |