Global Passive Radiative Cooling Materials Market Growth 2025-2031
Description
The global Passive Radiative Cooling Materials market size is predicted to grow from US$ 13.6 million in 2025 to US$ 31.3 million in 2031; it is expected to grow at a CAGR of 14.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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 technology holds significant promise for applications in building envelopes, automotive components, textiles, and portable electronics, driven by the global push for energy efficiency, net-zero buildings, and sustainable cooling solutions. Advances in photonic materials, polymer composites, and scalable manufacturing processes (e.g., roll-to-roll production of PDRC films) are accelerating the transition from lab-scale prototypes to commercial products.
The PDRC market landscape is shaped by growing regulatory and societal pressures to reduce carbon emissions and mitigate the urban heat island effect. Adoption is supported by incentives for green buildings, stringent building energy codes, and rising demand for off-grid cooling solutions, particularly in hot and arid regions. However, challenges remain in achieving durability, cost competitiveness, and aesthetic flexibility (e.g., colored or patterned PDRC surfaces) compared to traditional cooling coatings and materials. Key players in this space include startups, material science innovators, and academic spin-offs collaborating with construction, automotive, and textile industries to integrate PDRC into practical, large-scale applications.
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 2024, providing a comprehensive analysis by region and market sector of projected Passive Radiative Cooling Materials sales for 2025 through 2031. 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.
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:
Coatings
Membranes
Textiles
Others
Segmentation by Application:
Construction Industry
Logistics and Warehousing
Transportation Equipment
Energy and Power Facilities
Others
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.
i2Cool
Radi-Cool
SPACE COOL
Azure Era
3M
SVG Optoelectronics
MG Energy
CSWADI Photon Technology
Aorun New Materials
Monkey King New Material
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.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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 technology holds significant promise for applications in building envelopes, automotive components, textiles, and portable electronics, driven by the global push for energy efficiency, net-zero buildings, and sustainable cooling solutions. Advances in photonic materials, polymer composites, and scalable manufacturing processes (e.g., roll-to-roll production of PDRC films) are accelerating the transition from lab-scale prototypes to commercial products.
The PDRC market landscape is shaped by growing regulatory and societal pressures to reduce carbon emissions and mitigate the urban heat island effect. Adoption is supported by incentives for green buildings, stringent building energy codes, and rising demand for off-grid cooling solutions, particularly in hot and arid regions. However, challenges remain in achieving durability, cost competitiveness, and aesthetic flexibility (e.g., colored or patterned PDRC surfaces) compared to traditional cooling coatings and materials. Key players in this space include startups, material science innovators, and academic spin-offs collaborating with construction, automotive, and textile industries to integrate PDRC into practical, large-scale applications.
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 2024, providing a comprehensive analysis by region and market sector of projected Passive Radiative Cooling Materials sales for 2025 through 2031. 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.
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:
Coatings
Membranes
Textiles
Others
Segmentation by Application:
Construction Industry
Logistics and Warehousing
Transportation Equipment
Energy and Power Facilities
Others
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.
i2Cool
Radi-Cool
SPACE COOL
Azure Era
3M
SVG Optoelectronics
MG Energy
CSWADI Photon Technology
Aorun New Materials
Monkey King New Material
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.
Table of Contents
97 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Passive Radiative Cooling Materials by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Passive Radiative Cooling Materials by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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