The Global Radiative Cooling Paint Market was valued at USD 3.98 Million in 2025 and is projected to reach USD 22.59 Million by 2034, growing at an impressive Compound Annual Growth Rate (CAGR) of 24.0% during the forecast period (2024–2034). This remarkable growth is fueled by escalating global temperatures, rising electricity costs for air conditioning, and the urgent need for energy-efficient building solutions in the face of climate change and rapid urbanization.

As the construction industry pivots towards sustainable and resilient infrastructure, the focus intensifies on innovative materials that offer passive cooling. In this blog, we profile the Top 10 Companies in the Radiative Cooling Paint Industry—a dynamic mix of global paint giants, specialized material science innovators, and agile startups shaping the future of how we cool our buildings.

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🔟 1. Nippon Paint Holdings Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Nippon Paint Radicool™ and other advanced radiative coating systems

Nippon Paint is a global leader in the coatings industry, leveraging its vast R&D capabilities to develop high-performance radiative cooling paints. Their products are designed to achieve superior solar reflectance and thermal emittance, significantly reducing surface temperatures and indoor cooling loads for commercial and residential buildings.

Sustainability and Innovation Initiatives:

• Significant investment in nanotechnology for enhanced paint durability and performance

• Development of colored radiative cooling paints to expand architectural applications beyond standard white

• Commitment to reducing the carbon footprint of buildings through energy-saving coating solutions

Download FREE Sample Report: Radiative Cooling Paint Market – View in Detailed Research Report

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9️⃣ 2. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Dulux Weathershield KeepCool and specialized industrial radiative coatings

AkzoNobel, through its well-known brands, is at the forefront of developing sustainable paint technologies. Their radiative cooling solutions are engineered to reflect sunlight effectively and emit heat, helping to lower energy consumption and combat the urban heat island effect.

Sustainability and Innovation Initiatives:

• Focus on water-based, low-VOC formulations that meet stringent environmental standards

• Partnerships with research institutions to advance passive cooling material science

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8️⃣ 3. i2Cool

Headquarters: Hong Kong, China
Key Offering: i2Cool Radiative Cooling Paint

i2Cool is a pioneering technology company specializing exclusively in passive radiative cooling solutions. Their paint is developed based on advanced nanomaterials to achieve exceptional cooling performance, making it a popular choice for building envelopes in hot climates.

Sustainability and Innovation Initiatives:

• Patented nanoparticle technology for high solar reflectance (>96%) and strong thermal emittance

• Focus on real-world applications and scalability for large-area deployment

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7️⃣ 4. Azure Era Corporation

Headquarters: California, USA
Key Offering: AzureCool Radiative Coating Systems

Azure Era is an emerging leader in the North American market, focusing on developing and commercializing high-performance radiative cooling paints for the construction and industrial sectors. Their products are designed for ease of application and long-term durability.

Sustainability and Innovation Initiatives:

• Development of multi-functional coatings with self-cleaning properties

• Targeting applications in data centers and industrial facilities with high cooling demands

Download FREE Sample Report: Radiative Cooling Paint Market – View in Detailed Research Report

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6️⃣ 5. China State Construction Engineering Corporation (CSCEC)

Headquarters: Beijing, China
Key Offering: CSCEC Cool Coat radiative paint solutions

As one of the world’s largest construction and engineering firms, CSCEC has developed its own line of radiative cooling paints tailored for large-scale infrastructure projects. Their vertically integrated approach allows them to deploy these solutions across their vast portfolio of buildings.

Sustainability and Innovation Initiatives:

• Integration of radiative cooling paints into green building standards for new constructions

• Large-scale testing and application on commercial and municipal buildings across China

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5️⃣ 6. Pirta

Headquarters: International
Key Offering: Pirta Passive Cooling Coatings

Pirta is an innovative company focused on creating sustainable coating solutions that harness passive cooling principles. Their radiative cooling paint is formulated to be highly effective across a range of climatic conditions.

Sustainability and Innovation Initiatives:

• Emphasis on eco-friendly raw materials and manufacturing processes

• Research into hybrid coatings that combine radiative cooling with other energy-saving properties

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4️⃣ 7. MG Energy

Headquarters: International
Key Offering: MG Energy CoolShield Paints

MG Energy specializes in energy-efficient building materials, with a focus on radiative cooling technologies. Their paints are targeted at reducing operational energy costs for building owners and managers.

Sustainability and Innovation Initiatives:

• Development of cost-effective formulations for mass-market adoption

• Focus on retrofitting existing building stock to improve energy efficiency

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3️⃣ 8. Cryox

Headquarters: International
Key Offering: Cryox Ultra-Cool Radiative Paints

Cryox is dedicated to advancing passive cooling technology through material science innovations. Their radiative cooling paints are designed for maximum performance in extreme heat conditions.

Sustainability and Innovation Initiatives:

• Investment in R&D for next-generation cooling materials with enhanced spectral properties

• Collaborations with academic institutions for fundamental research

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2️⃣ 9. Aorun Advanced Materials Co., Ltd.

Headquarters: Suzhou, China
Key Offering: Aorun Radiative Cooling Coatings

Aorun Advanced Materials is a key player in the Chinese market, focusing on the development and production of advanced functional materials, including high-performance radiative cooling paints for architectural and industrial use.

Sustainability and Innovation Initiatives:

• Specialization in nanomaterial-enhanced formulations for superior cooling efficacy

• Expansion of production capacity to meet growing domestic and international demand

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1️⃣ 10. SKSHU Paint Co., Ltd.

Headquarters: Shanghai, China
Key Offering: SKSHU Cool Roof and Radiative Cooling Paints

SKSHU Paint is a major Chinese coatings manufacturer with a growing portfolio of energy-efficient products. Their radiative cooling paints are widely used in commercial and residential projects across Asia.

Sustainability and Innovation Initiatives:

• Development of integrated coating systems for entire building envelopes

• Focus on meeting and exceeding local green building certification requirements

Get Full Report Here: Radiative Cooling Paint Market – View in Detailed Research Report

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🌍 Outlook: The Future of Radiative Cooling Paint Is Smarter and More Integrated

The radiative cooling paint market is undergoing a significant transformation. While early-stage products are gaining traction, the industry is investing heavily in advanced material formulations, application technologies, and integration with broader building management systems.

📈 Key Trends Shaping the Market:

• Rapid technological advancements in nanomaterial-based paints for higher performance

• Regulatory push for energy-efficient building codes and green certifications worldwide

• Integration of radiative cooling paints with smart building systems for optimized energy savings

• Strategic partnerships between material innovators and large construction companies for scaled deployment

Get Full Report Here: Radiative Cooling Paint Market – View in Detailed Research Report

The companies listed above are not only supplying innovative coatings—they’re spearheading the energy-efficient transformation of the built environment.

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