Global Rainscreen Cladding Market 2023-2029
One of the primary benefits of rainscreen cladding is that it provides an extra layer of protection against water penetration, reducing the risk of decay, rot, and other forms of damage to the building's structure. By allowing ventilation and drainage, it also helps to minimize the risk of mold growth and other forms of moisture buildup. Rainscreen cladding is widely used in the construction industry, particularly for commercial and institutional buildings. It is considered an effective and efficient building envelope system that provides long-lasting protection against weathering and environmental damage. The global rainscreen cladding market is likely to register a CAGR of over 4.66% with an incremental growth of USD 3.8 billion during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global rainscreen cladding market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the raw material, application, and region. The global market for rainscreen cladding can be segmented by raw material: fiber cement, composite material, metal, high pressure laminates, terracotta, ceramics, wood, others. The terracotta segment held the largest share of the global rainscreen cladding market in 2022 and is anticipated to hold its share during the forecast period. Rainscreen cladding market is further segmented by application: residential, commercial, offices, institutional, industrial, others. Globally, the offices segment made up the largest share of the rainscreen cladding market. Based on region, the rainscreen cladding market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Europe was the largest contributor to the global rainscreen cladding market in 2022.
Market Segmentation
By raw material: fiber cement, composite material, metal, high pressure laminates, terracotta, ceramics, wood, others
By application: residential, commercial, offices, institutional, industrial, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading rainscreen cladding market vendors that include Dow Inc., Everest Industries Ltd., Kingspan Insulation plc, OmniMax International, LLC., Rockwool A/S, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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