North America Rainscreen Cladding Market Share, Size, Trends, Industry Analysis Report, Raw Material (Fiber Cement, Composite Material, Metal, High-pressure Laminates, Terracotta, Ceramic, and Others); By Application; By Region; Segment Forecast, 2024 - 2

North America Rainscreen Cladding Market Share, Size, Trends, Industry Analysis Report, Raw Material (Fiber Cement, Composite Material, Metal, High-pressure Laminates, Terracotta, Ceramic, and Others); By Application; By Region; Segment Forecast, 2024 - 2032

The global North America Rainscreen Cladding Market size is expected to reach USD 76.23 billion by 2032, according to a new study by Polaris Market Research. The report “North America Rainscreen Cladding Market Share, Size, Trends, Industry Analysis Report, By Raw Material (Fiber Cement, Composite Material, Metal, High-pressure Laminates, Terracotta, Ceramic, and Others); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

One of the main factors supporting the growth share increase of North America Rainscreen Cladding is the expanding emphasis on energy-efficient building construction. Rainscreen cladding contributes to sustainability objectives by enhancing insulation and lowering energy use. For instance, in September 2023, Kingspan Insulation introduced AlphaCore Pad, a rainscreen insulating board having a thermal conductivity of only 0.020 W/mK. AlphaCore is a thin, robust insulation solution that can be utilized behind rainscreen façades in any type of structure, regardless of its height, construction, place, or features. Its hydrophobic insulation core gives up new design possibilities.

The need for rainscreen cladding systems is fueled by the renovation of existing structures to improve their beauty and energy efficiency, which makes them a major force behind the construction industry in the region. Furthermore, there has been a change in the tendency to safeguard external walls and an increase in the development of non-residential structures, such as offices and institutions, in both developed and developing nations. As a result of the economic downturn brought on by the COVID-19 crisis, the industry has seen only modest growth, which has led to a decrease in industrial activity and low investor confidence.

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The use of wood and timber cladding is also increasing owing to its environmentally friendly nature, and it is a sustainable product that can be adopted as per the increasingly strict environmental laws and regulations. For both residential and commercial structures, contractors favor wood and timber cladding due to the growing demand for sustainable products.

Compared to other building materials, timber better balances all types of emissions because it is a naturally renewable and carbon neutral material. In addition, it is resilient to all types of weather and serves as a rain-protecting insulator. Because it may be formed into different sizes, wooden cladding comes in a variety of outlines. Additionally, it comes in a variety of waterproof patterns that prevent water penetration. The increasing need for wood and timber cladding because of its high adaptability to architectural designs and aesthetic impacts is probably going to fuel the market expansion for rainscreen cladding.

Canada is also growing owing to the rising rates of immigration, urbanization, and population growth, which is anticipated to fuel significant growth in the rainscreen cladding market. According to the United Nations Department of Economic and Social Affairs (UNDESA), the country’s population is predicted to reach roughly 57 Mn by 2068. Throughout the projection period, Canada's population increase is anticipated to boost the residential construction industry considerably.

North America Rainscreen Cladding Market Report Highlights

The residential segment is anticipated to grow at the highest CAGR over the forecast period owing to the growth in the construction of residential buildings in the nation.

The high pressure laminates segment accounted for the largest share owing to its properties strength, resilience to impact, easily customization, and ease of maintenance.

The United States is expected to grow at the highest share over the projected period on account of the adoption of moisture management technologies for buildings

Key layers include players with a presence, including Cladding Corporation, Kingspan US, SFS Group USA, Inc., and Nichiha USA, Inc.

Polaris Market Research has segmented the North America Rainscreen Cladding Market report based on raw material, application, and region:

North America Rainscreen Cladding Market, Raw Material Outlook (Revenue - USD Billion, 2019 - 2032)

Fiber Cement

Composite Material

Metal

High-Pressure Laminates

Terracotta

Ceramic

Others

North America Rainscreen Cladding Market, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Residential

Commercial

Official

Institutional

Industrial

North America Rainscreen Cladding Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

• U.S.
• Canada