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Global Passive Radiative Cooling Materials Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Passive Radiative Cooling Materials Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Paints
    • 1.3.3 Films
    • 1.3.4 Others
  • 1.4 Market Analysis by Reflectivity
    • 1.4.1 Overview: Global Passive Radiative Cooling Materials Consumption Value by Reflectivity: 2021 Versus 2025 Versus 2032
    • 1.4.2 Reflectivity Greater Than 96%
    • 1.4.3 Reflectivity Less Than 96%
  • 1.5 Market Analysis by Color
    • 1.5.1 Overview: Global Passive Radiative Cooling Materials Consumption Value by Color: 2021 Versus 2025 Versus 2032
    • 1.5.2 White
    • 1.5.3 Colored
    • 1.5.4 Transparent
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global Passive Radiative Cooling Materials Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Construction Industry
    • 1.6.3 Warehousing
    • 1.6.4 Transportation Equipment
    • 1.6.5 Energy and Power Facilities
    • 1.6.6 Others
  • 1.7 Global Passive Radiative Cooling Materials Market Size & Forecast
    • 1.7.1 Global Passive Radiative Cooling Materials Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global Passive Radiative Cooling Materials Sales Quantity (2021-2032)
    • 1.7.3 Global Passive Radiative Cooling Materials Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 SPACE COOL
    • 2.1.1 SPACE COOL Details
    • 2.1.2 SPACE COOL Major Business
    • 2.1.3 SPACE COOL Passive Radiative Cooling Materials Product and Services
    • 2.1.4 SPACE COOL Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 SPACE COOL Recent Developments/Updates
  • 2.2 Azure Era
    • 2.2.1 Azure Era Details
    • 2.2.2 Azure Era Major Business
    • 2.2.3 Azure Era Passive Radiative Cooling Materials Product and Services
    • 2.2.4 Azure Era Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Azure Era Recent Developments/Updates
  • 2.3 i2Cool
    • 2.3.1 i2Cool Details
    • 2.3.2 i2Cool Major Business
    • 2.3.3 i2Cool Passive Radiative Cooling Materials Product and Services
    • 2.3.4 i2Cool Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 i2Cool Recent Developments/Updates
  • 2.4 MG Energy
    • 2.4.1 MG Energy Details
    • 2.4.2 MG Energy Major Business
    • 2.4.3 MG Energy Passive Radiative Cooling Materials Product and Services
    • 2.4.4 MG Energy Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 MG Energy Recent Developments/Updates
  • 2.5 Radi-Cool
    • 2.5.1 Radi-Cool Details
    • 2.5.2 Radi-Cool Major Business
    • 2.5.3 Radi-Cool Passive Radiative Cooling Materials Product and Services
    • 2.5.4 Radi-Cool Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Radi-Cool Recent Developments/Updates
  • 2.6 CSCEC
    • 2.6.1 CSCEC Details
    • 2.6.2 CSCEC Major Business
    • 2.6.3 CSCEC Passive Radiative Cooling Materials Product and Services
    • 2.6.4 CSCEC Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 CSCEC Recent Developments/Updates
  • 2.7 Pirta
    • 2.7.1 Pirta Details
    • 2.7.2 Pirta Major Business
    • 2.7.3 Pirta Passive Radiative Cooling Materials Product and Services
    • 2.7.4 Pirta Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Pirta Recent Developments/Updates
  • 2.8 Cryox
    • 2.8.1 Cryox Details
    • 2.8.2 Cryox Major Business
    • 2.8.3 Cryox Passive Radiative Cooling Materials Product and Services
    • 2.8.4 Cryox Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Cryox Recent Developments/Updates
  • 2.9 3M
    • 2.9.1 3M Details
    • 2.9.2 3M Major Business
    • 2.9.3 3M Passive Radiative Cooling Materials Product and Services
    • 2.9.4 3M Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 3M Recent Developments/Updates
  • 2.10 AkzoNobel
    • 2.10.1 AkzoNobel Details
    • 2.10.2 AkzoNobel Major Business
    • 2.10.3 AkzoNobel Passive Radiative Cooling Materials Product and Services
    • 2.10.4 AkzoNobel Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 AkzoNobel Recent Developments/Updates
  • 2.11 Aorun Advanced Materials
    • 2.11.1 Aorun Advanced Materials Details
    • 2.11.2 Aorun Advanced Materials Major Business
    • 2.11.3 Aorun Advanced Materials Passive Radiative Cooling Materials Product and Services
    • 2.11.4 Aorun Advanced Materials Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Aorun Advanced Materials Recent Developments/Updates
  • 2.12 SKSHU Paint
    • 2.12.1 SKSHU Paint Details
    • 2.12.2 SKSHU Paint Major Business
    • 2.12.3 SKSHU Paint Passive Radiative Cooling Materials Product and Services
    • 2.12.4 SKSHU Paint Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 SKSHU Paint Recent Developments/Updates
  • 2.13 Nippon Paint
    • 2.13.1 Nippon Paint Details
    • 2.13.2 Nippon Paint Major Business
    • 2.13.3 Nippon Paint Passive Radiative Cooling Materials Product and Services
    • 2.13.4 Nippon Paint Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Nippon Paint Recent Developments/Updates
  • 2.14 Beixin Jiabaoli Coatings
    • 2.14.1 Beixin Jiabaoli Coatings Details
    • 2.14.2 Beixin Jiabaoli Coatings Major Business
    • 2.14.3 Beixin Jiabaoli Coatings Passive Radiative Cooling Materials Product and Services
    • 2.14.4 Beixin Jiabaoli Coatings Passive Radiative Cooling Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Beixin Jiabaoli Coatings Recent Developments/Updates

3 Competitive Environment: Passive Radiative Cooling Materials by Manufacturer

  • 3.1 Global Passive Radiative Cooling Materials Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Passive Radiative Cooling Materials Revenue by Manufacturer (2021-2026)
  • 3.3 Global Passive Radiative Cooling Materials Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Passive Radiative Cooling Materials by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Passive Radiative Cooling Materials Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Passive Radiative Cooling Materials Manufacturer Market Share in 2025
  • 3.5 Passive Radiative Cooling Materials Market: Overall Company Footprint Analysis
    • 3.5.1 Passive Radiative Cooling Materials Market: Region Footprint
    • 3.5.2 Passive Radiative Cooling Materials Market: Company Product Type Footprint
    • 3.5.3 Passive Radiative Cooling Materials Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Passive Radiative Cooling Materials Market Size by Region
    • 4.1.1 Global Passive Radiative Cooling Materials Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Passive Radiative Cooling Materials Consumption Value by Region (2021-2032)
    • 4.1.3 Global Passive Radiative Cooling Materials Average Price by Region (2021-2032)
  • 4.2 North America Passive Radiative Cooling Materials Consumption Value (2021-2032)
  • 4.3 Europe Passive Radiative Cooling Materials Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Passive Radiative Cooling Materials Consumption Value (2021-2032)
  • 4.5 South America Passive Radiative Cooling Materials Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Passive Radiative Cooling Materials Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Passive Radiative Cooling Materials Sales Quantity by Type (2021-2032)
  • 5.2 Global Passive Radiative Cooling Materials Consumption Value by Type (2021-2032)
  • 5.3 Global Passive Radiative Cooling Materials Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Passive Radiative Cooling Materials Sales Quantity by Application (2021-2032)
  • 6.2 Global Passive Radiative Cooling Materials Consumption Value by Application (2021-2032)
  • 6.3 Global Passive Radiative Cooling Materials Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Passive Radiative Cooling Materials Sales Quantity by Type (2021-2032)
  • 7.2 North America Passive Radiative Cooling Materials Sales Quantity by Application (2021-2032)
  • 7.3 North America Passive Radiative Cooling Materials Market Size by Country
    • 7.3.1 North America Passive Radiative Cooling Materials Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Passive Radiative Cooling Materials Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Passive Radiative Cooling Materials Sales Quantity by Type (2021-2032)
  • 8.2 Europe Passive Radiative Cooling Materials Sales Quantity by Application (2021-2032)
  • 8.3 Europe Passive Radiative Cooling Materials Market Size by Country
    • 8.3.1 Europe Passive Radiative Cooling Materials Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Passive Radiative Cooling Materials Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Passive Radiative Cooling Materials Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Passive Radiative Cooling Materials Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Passive Radiative Cooling Materials Market Size by Region
    • 9.3.1 Asia-Pacific Passive Radiative Cooling Materials Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Passive Radiative Cooling Materials Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Passive Radiative Cooling Materials Sales Quantity by Type (2021-2032)
  • 10.2 South America Passive Radiative Cooling Materials Sales Quantity by Application (2021-2032)
  • 10.3 South America Passive Radiative Cooling Materials Market Size by Country
    • 10.3.1 South America Passive Radiative Cooling Materials Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Passive Radiative Cooling Materials Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Passive Radiative Cooling Materials Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Passive Radiative Cooling Materials Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Passive Radiative Cooling Materials Market Size by Country
    • 11.3.1 Middle East & Africa Passive Radiative Cooling Materials Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Passive Radiative Cooling Materials Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Passive Radiative Cooling Materials Market Drivers
  • 12.2 Passive Radiative Cooling Materials Market Restraints
  • 12.3 Passive Radiative Cooling Materials Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Passive Radiative Cooling Materials and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Passive Radiative Cooling Materials
  • 13.3 Passive Radiative Cooling Materials Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Passive Radiative Cooling Materials Typical Distributors
  • 14.3 Passive Radiative Cooling Materials Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Passive Radiative Cooling Materials market size was valued at US$ 22.16 million in 2025 and is forecast to a readjusted size of US$ 100 million by 2032 with a CAGR of 21.6% during review period.
    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 average price of coating products is approximately US$6.29 per square meter, while the average price of film products is US$30 per square meter.
    The market opportunity for passive radiative cooling materials is strongest where customers value a passive, no-electricity way to cut surface temperatures and reduce cooling loads/peak demand, and where procurement can be “pulled through” existing cool-roof/cool-surface specification habits—but passive radiative cooling materials must prove incremental value beyond conventional high-reflectance coatings. Competition is therefore less about the basic physics (widely understood) and more about bankable field performance: maintaining high reflectance/emittance over time despite UV exposure, soiling, moisture, and real-world installation variability, with climate effects (humidity/cloud cover) and maintenance practices shaping realized benefits. Commercial winners tend to be those who can industrialize durable, standards-aligned products (including versions compatible with common roof systems and application methods), document performance with credible testing, and partner with established coatings/roofing channels—while R&D focus areas like anti-soiling, long-life binders, and scalable film/coating manufacturing determine how quickly passive radiative cooling materials moves from “specialty” to mainstream building and infrastructure specifications.
    This report is a detailed and comprehensive analysis for global Passive Radiative Cooling Materials market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Passive Radiative Cooling Materials market size and forecasts, in consumption value ($ Million), sales quantity (Sq m), and average selling prices (US$/Sq m), 2021-2032
    Global Passive Radiative Cooling Materials market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Sq m), and average selling prices (US$/Sq m), 2021-2032
    Global Passive Radiative Cooling Materials market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Sq m), and average selling prices (US$/Sq m), 2021-2032
    Global Passive Radiative Cooling Materials market shares of main players, shipments in revenue ($ Million), sales quantity (Sq m), and ASP (US$/Sq m), 2021-2026
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Passive Radiative Cooling Materials
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Passive Radiative Cooling Materials market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SPACE COOL, Azure Era, i2Cool, MG Energy, Radi-Cool, CSCEC, Pirta, Cryox, 3M, AkzoNobel, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Passive Radiative Cooling Materials market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Paints
    Films
    Others
    Market segment by Reflectivity
    Reflectivity Greater Than 96%
    Reflectivity Less Than 96%
    Market segment by Color
    White
    Colored
    Transparent
    Market segment by Application
    Construction Industry
    Warehousing
    Transportation Equipment
    Energy and Power Facilities
    Others
    Major players covered
    SPACE COOL
    Azure Era
    i2Cool
    MG Energy
    Radi-Cool
    CSCEC
    Pirta
    Cryox
    3M
    AkzoNobel
    Aorun Advanced Materials
    SKSHU Paint
    Nippon Paint
    Beixin Jiabaoli Coatings
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Passive Radiative Cooling Materials product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Passive Radiative Cooling Materials, with price, sales quantity, revenue, and global market share of Passive Radiative Cooling Materials from 2021 to 2026.
    Chapter 3, the Passive Radiative Cooling Materials competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Passive Radiative Cooling Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Passive Radiative Cooling Materials market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Passive Radiative Cooling Materials.
    Chapter 14 and 15, to describe Passive Radiative Cooling Materials sales channel, distributors, customers, research findings and conclusion.

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