Global Radiative Cooling Technology Market Growth 2025-2031
Description
The global Radiative Cooling Technology 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.
Radiative cooling technology is an innovative passive cooling method that allows objects to release heat by emitting infrared radiation, which passes through the atmosphere and into outer space. This process can cool surfaces below ambient air temperatures without using electricity or active cooling systems. The technology typically involves materials or coatings that reflect sunlight while efficiently radiating heat in the infrared spectrum, making it particularly effective in hot and sunny climates. Radiative cooling has potential applications in building temperature regulation, improving energy efficiency, reducing reliance on air conditioning, and enhancing the performance of solar panels by keeping them cool.
Passive Daytime Radiative Cooling (PDRC) is an emerging thermal management technology that enables surfaces to remain cooler than the ambient temperature under direct sunlight without consuming energy. This is achieved by engineering materials or coatings that reflect most of the incoming solar radiation while emitting thermal radiation through the atmospheric transparency window (8–13 µm) directly into outer space. 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 “Radiative Cooling Technology Industry Forecast” looks at past sales and reviews total world Radiative Cooling Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Radiative Cooling Technology sales for 2025 through 2031. With Radiative Cooling Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Radiative Cooling Technology industry.
This Insight Report provides a comprehensive analysis of the global Radiative Cooling Technology 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 Radiative Cooling Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Radiative Cooling Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Radiative Cooling Technology 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 Radiative Cooling Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of Radiative Cooling Technology 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 Radiative Cooling Technology market?
What factors are driving Radiative Cooling Technology market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Radiative Cooling Technology market opportunities vary by end market size?
How does Radiative Cooling Technology 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.
Radiative cooling technology is an innovative passive cooling method that allows objects to release heat by emitting infrared radiation, which passes through the atmosphere and into outer space. This process can cool surfaces below ambient air temperatures without using electricity or active cooling systems. The technology typically involves materials or coatings that reflect sunlight while efficiently radiating heat in the infrared spectrum, making it particularly effective in hot and sunny climates. Radiative cooling has potential applications in building temperature regulation, improving energy efficiency, reducing reliance on air conditioning, and enhancing the performance of solar panels by keeping them cool.
Passive Daytime Radiative Cooling (PDRC) is an emerging thermal management technology that enables surfaces to remain cooler than the ambient temperature under direct sunlight without consuming energy. This is achieved by engineering materials or coatings that reflect most of the incoming solar radiation while emitting thermal radiation through the atmospheric transparency window (8–13 µm) directly into outer space. 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 “Radiative Cooling Technology Industry Forecast” looks at past sales and reviews total world Radiative Cooling Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Radiative Cooling Technology sales for 2025 through 2031. With Radiative Cooling Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Radiative Cooling Technology industry.
This Insight Report provides a comprehensive analysis of the global Radiative Cooling Technology 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 Radiative Cooling Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Radiative Cooling Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Radiative Cooling Technology 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 Radiative Cooling Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of Radiative Cooling Technology 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 Radiative Cooling Technology market?
What factors are driving Radiative Cooling Technology market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Radiative Cooling Technology market opportunities vary by end market size?
How does Radiative Cooling Technology break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
100 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 Radiative Cooling Technology 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 Radiative Cooling Technology by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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