Global Cladding Market 2024-2028
The cladding market is forecasted to grow by USD 131.95 bn during 2023-2028, accelerating at a CAGR of 7.68% during the forecast period. The report on the cladding market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing construction and infrastructure development activities, changing climate condition, and rapid growth potential in emerging economies.
Technavio's cladding market is segmented as below:
By Type
- Steel
- Aluminum
- Composite materials
- Fiber cement
- Others
By End-user
- Residential
- Industrial
- Commercial
- Offices
- Institutional
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing merger and acquisition activities as one of the prime reasons driving the cladding market growth during the next few years. Also, development of lightweight and prefabricated cladding system and integration of digital technology for precision and customized cladding will lead to sizable demand in the market.
The report on the cladding market covers the following areas:
- Cladding market sizing
- Cladding market forecast
- Cladding market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cladding market vendors that include ArcelorMittal SA, Arconic Corp., CA Group Ltd., Carea Ltd., CGL Facades., Compagnie de Saint Gobain, Coverworld UK Ltd., CSR Ltd., Dumaplast, Etex NV, GB Architectural Cladding Products Ltd., James Hardie Industries plc, Kingspan Group Plc, Louisiana Pacific Corp., Middle East Insulation LLC, Nichiha Corp., ROCKWOOL International AS, Swisspearl Group AG, Tata Sons Pvt. Ltd., and Trespa International B.V. Also, the cladding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.