The Global Electrical Cooling Coating Market was valued at USD 3.98 Million in 2025 and is projected to reach USD 22.59 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 24.0% during the forecast period. This remarkable growth is driven by the escalating demand for energy-efficient building solutions, the urgency to mitigate urban heat island effects, and the need for advanced thermal management in electronics, construction, and transportation sectors.

As industries worldwide push for sustainability and operational cost reduction, the focus intensifies on the pioneering companies developing innovative coatings that passively cool surfaces without energy consumption. In this blog, we profile the Top 10 Companies in the Electrical Cooling Coating Industry—a mix of global chemical giants, specialized material science innovators, and regional leaders shaping the future of passive cooling technology.

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🔟 1. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Dulux Weathershield KeepCool, Interpon Cool Coatings

AkzoNobel is a global leader in paints and coatings, with a strong portfolio of sustainable solutions. Their Cool Chemistry initiatives include advanced roofing and facade coatings designed to reflect solar radiation and reduce surface temperatures significantly. The company serves a vast network of commercial, industrial, and residential clients worldwide.

Sustainability and Innovation Initiatives:

• Development of bio-based and circular raw materials for coatings

• Partnerships with major construction firms to integrate cooling coatings into green building projects

• Committed to achieving 100% carbon neutrality in its manufacturing operations by 2030

Download FREE Sample Report: Electrical Cooling Coating Market – View in Detailed Research Report

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9️⃣ 2. Nippon Paint Holdings Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Nippon Paint Thermo-Shield, Ultra-Cool Roof Coatings

Nippon Paint is a major force in the Asian coatings market, with extensive R&D in functional coatings. Their cooling coating products are engineered for high solar reflectance and durability, making them ideal for the harsh climates prevalent across Asia. The company has a robust distribution network spanning over 30 countries.

Sustainability and Innovation Initiatives:

• Investment in nanotechnology for enhanced thermal performance

• Collaboration with automotive and electronics manufacturers for component-level cooling solutions

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8️⃣ 3. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: PPG Solaron, Coraflon Cool Palette

PPG is a leading global supplier of paints, coatings, and specialty materials. Their cooling coating solutions are applied across diverse sectors, including architectural, aerospace, and automotive industries. PPG’s research focuses on developing coatings that maintain cooling efficiency even in darker colors.

Sustainability and Innovation Initiatives:

• Launch of highly reflective coatings with integrated self-cleaning properties

• Targeting significant reductions in greenhouse gas emissions from customer applications through energy-saving products

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7️⃣ 4. The Sherwin-Williams Company

Headquarters: Cleveland, Ohio, USA
Key Offering: Sherwin-Williams H&C Cool Roof Coatings, HI-TEMP Coatings

Sherwin-Williams provides a comprehensive range of high-performance coatings, including specialized solutions for roof cooling and industrial thermal management. Their products are widely used in commercial building retrofits and new construction to achieve energy efficiency certifications like LEED.

Sustainability and Innovation Initiatives:

• Expansion of its Sustainable Galvanizing and Insulation (SGI) product lines

• Focus on low-VOC and water-based formulations to meet stringent environmental standards

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6️⃣ 5. i2Cool (Hong Kong) Limited

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

i2Cool is a pioneering technology startup focused exclusively on passive radiative cooling coatings. Originating from research at the City University of Hong Kong, the company has developed a nanoparticle-based coating that achieves sub-ambient cooling under direct sunlight, making it a standout innovator in the field.

Sustainability and Innovation Initiatives:

• Proprietary technology enabling over 95% solar reflectance and high mid-infrared emissivity

• Active deployment in pilot projects across Hong Kong and Mainland China for building energy savings

Download FREE Sample Report: Electrical Cooling Coating Market – View in Detailed Research Report

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5️⃣ 6. Azure Era Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: AzureCool Radiative Cooling Film, AEC Coating

Azure Era is a key Chinese player specializing in radiative cooling materials and films. The company leverages advanced material science to produce coatings and films that are applied to buildings, data centers, and communication base stations to reduce cooling energy consumption dramatically.

Sustainability and Innovation Initiatives:

• Development of transparent cooling films for window applications

• Strategic partnerships with telecom operators to cool 5G infrastructure

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4️⃣ 7. MG Energy & Environment

Headquarters: International
Key Offering: Advanced Ceramic Cooling Coatings, Hybrid Reflective Systems

MG Energy is an industrial solutions provider focusing on energy-saving technologies. Their cooling coatings often incorporate ceramic microspheres and other advanced fillers to achieve superior thermal insulation and反射 properties, targeting industrial facilities and large-scale infrastructure projects.

Sustainability and Innovation Initiatives:

• Custom formulations for high-temperature industrial applications

• Focus on extending the lifespan of industrial assets by reducing thermal degradation

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3️⃣ 8. SKSHU Paint Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Skshu Reflective Coatings, Building Energy-Saving Solutions

SKSHU Paint is one of China’s leading coating manufacturers, with a strong emphasis on environmentally friendly and energy-saving products. The company offers a range of exterior wall and roof coatings designed to lower building temperatures and improve indoor comfort.

Sustainability and Innovation Initiatives:

• Integration of cooling technology into mainstream architectural paint lines

• Investment in R&D for colored cooling coatings that do not compromise on performance

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2️⃣ 9. Kansai Paint Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Kansai Alshield, Heat-Block Coatings

Kansai Paint is a major global coatings company with significant expertise in automotive and industrial coatings. They have developed specialized coatings that reflect infrared radiation, which are applied to car bodies and building surfaces to reduce heat absorption and lower interior temperatures.

Sustainability and Innovation Initiatives:

• Development of coatings that contribute to improving vehicle fuel efficiency by reducing air conditioning load

• Global expansion of its eco-friendly product portfolio

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1️⃣ 10. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: BASF Colours & Effects pigments for cool coatings, Functional Surface Solutions

BASF, a global chemical giant, is a key supplier of advanced pigments and additives that enable cooling functionality in coatings. While not a direct formulator of final coating products, BASF’s specialty pigments are critical components used by paint manufacturers worldwide to create high-performance reflective coatings.

Sustainability and Innovation Initiatives:

• Development of innovative pigment technologies that provide cooling effects in a wider range of colors

• Commitment to creating chemistry for a sustainable future, with cooling solutions as a key focus area

Get Full Report Here: Electrical Cooling Coating Market – View in Detailed Research Report

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🌍 Outlook: The Future of Electrical Cooling Coatings is Smarter and More Integrated

The electrical cooling coating market is undergoing a rapid transformation. While traditional white roof coatings still dominate, the industry is investing heavily in next-generation materials, multifunctional smart coatings, and broader color palettes to meet aesthetic and performance demands.

📈 Key Trends Shaping the Market:

• Development of non-white and transparent cooling coatings for architectural versatility

• Integration with Building Information Modeling (BIM) and smart building systems for optimized energy management

• Increasing regulatory mandates for cool roofs in urban planning to combat heat islands

• Growing application in electric vehicle batteries and electronics for thermal management

Get Full Report Here: Electrical Cooling Coating Market – View in Detailed Research Report

The companies listed above are not only providing innovative coatings—they’re enabling a more sustainable and energy-efficient future for buildings and industries globally.