The growing penetration of connected devices and automation of refrigerated warehouses across the globe is anticipated to spur the industry growth over the forecast period. An increasing number of organized retail stores in emerging economies are leading to increased demand for cold chain solutions. Moreover, trade liberalization, government efforts to reduce food waste, and expansion of retail chains by multinational companies are expected to boost industry growth over the forecast period.
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In developing economies, the refrigerated storage market is driven by a shift from carbohydrate-rich diets to protein-rich foods, owing to rising consumer awareness. Countries, such as China, are expected to portray a significant growth rate over the coming years due to a consumer-led transition in the economy. With growing technological advancements in warehouse management and refrigerated transportation, the market is likely to expand in developing economies.
The key players studied in the Cool Chain Market report are:
* Nichirei Logistics Group
* Lineage Logistics
* OOCL Logistics
* Burris Logistics
* VersaCold Logistics Services
* JWD Group
Product Types uploaded to Cool Chain market are:
* Product Type I
* Product Type II
* Product Type III
The main uses of this report are:
* Food and Beverages
* Healthcare
* Others
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Furthermore, growing government subsidies have enabled service providers to tap these emerging markets with innovative solutions to overcome complex transportation. Cold chain services are designed to provide ideal transportation and storage conditions for temperature-sensitive products. Increasing demand for perishable products and fast delivery requirements associated with the e-commerce-based food and beverages delivery market has created a significant boost in cold chain operations.
The demand for refrigerated food has increased considerably. Changing lifestyle, increasing corporate culture, and high demand for convenient products are the factors driving demand in the global cold chain market. Globalization is one of the major reason behind the growth of cold chain to ensure better safety and prompt transportation of perishable products along with foods and temperature-sensitive pharmaceutical products, medical devices, and chemicals.
The Global Cool Roofing Market was valued at USD 18.6 Billion in 2018 and is expected to witness 5.9% CAGR during the forecast period.The growth of the construction industry with significant pace across the globe owing to the increasing urbanization, fading trade barriers for FDI, and surging investments from global construction companies in untapped markets are several parameters driving the global cool roof market during the forecast period.
In 2018, Asia-Pacific dominated the global market, primarily due to the growth in residential as well as commercial construction activities, mainly in India, Vietnam, and the Philippines.
Moreover, the busy lifestyles and the rising purchasing power in the developing countries coupled with the increasing awareness regarding the benefits of cool roofs among consumers is also expected to drive the market growth in Asia-Pacific.Get Free Sample Report: https://www.marketresearchfuture.com/sample_request/8647The low-sloped roofs segment is expected to occupy the highest share of the global cool roof market.
The low sloped roof segment is expected to register the higher growth rate during the forecast period owing to its capability of reflecting maximum solar energy into the atmosphere as compared to the steep-sloped roof segment.
By product type, the segments are coated roofs, foam roofs, single-ply membrane, modified BUR, metal roofs, asphalt shingles, tiles, and slates.
The single-ply membranes are estimated to dominate the product type segment in the global cool roof market as it is the most commonly used in commercial as well as in residential applications.
The statistical surveying report on the global Cool Roof Coatings Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts.
The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions.
The statistical data derived from authentic resources and assisted by industry experts.
It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.The global cool roof coatings market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform.
The cool roof coatings industry is highly competitive and consists of several large firms with a global presence and many smaller firms serving local or regional markets.
Of the major players of cool roof coatings, PPG maintained its world’s largest position.
