The global rainscreen cladding market size was USD 135.88 Billion in 2022 and is expected to register a revenue CAGR of 7% over the forecast period, according to the latest report by Reports and Data.
Rainscreen cladding systems are becoming increasingly popular in various industries, such as housing, commercial, and industrial construction, due to their ability to provide dual-layer protection to structures. This protection includes an exterior covering that safeguards against weather conditions, and an inner layer that protects against moisture and water. As a result of this design, the overall strength, durability, and energy efficiency of buildings can be significantly enhanced.
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Market Scenario:
The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.
Major Companies:
- Kingspan Group
- Carea Group
- Trespa International B.V.
- Rockwool International A/S
- Sotech Optima
- Prodema
- FunderMax
- Steni AS
- Cembrit Holding A/S
- Parklex International S.L.
- Eco Earth Solutions
Competitive Landscape:
The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.
Key questions addressed in the report:
- What is the expected market size of the global Rainscreen Cladding market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Rainscreen Cladding market?
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Rainscreen Cladding Market Segmentation:
Raw Material Outlook:
- Fiber Cement
- Composite Material
- Metal
- High-Pressure Laminates
- Terracotta
- Ceramic
- Others
Application Outlook:
- Residential
- Commercial
- Official
- Institutional
- Industrial
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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