Cladding Systems Market: Global Opportunity Analysis and Industry Forecast by 2026

Allied Market Research published a new report, titled, “Cladding Systems Market". The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Cladding systems are non-loadbearing layers that protect the building from the weathering elements. They are also called as facade systems, building envelopes, or curtain walls. Claddings are non-structural members that are attached to the pri mary structure of the building. The primary use of cladding systems is to protect the walls and roof of the building from the external elements such as rains, winds, heat, and snow. Along with this, they are also used for aesthetic purposes under the name facade cladding systems. The systems include horizontal or vertical boards, sheets, and small elements such as tiles or shingles. These systems are generally made up of non-corrosive and durable materials such as stones, weatherboards, metals, timber, glass, tiles, precast concrete, bricks, and vinyl (plastic).

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The various materials used for cladding have their own properties and advantages. For instance, the thin stone claddings not only provide protection to the structure, but also provide a rustic, textured look. Whereas, weatherboards, timber, and foamed cladding systems can be combined with cavity walls for better thermal and noise insulation. Under the new trend of minimalism, glass claddings are preferred to increase the aesthetic appeal in commercial and residential buildings, which also promotes the use of natural lighting and increase energy efficiency. Furthermore, the cladding systems are available in various colors, textures, styles, finishes and also varying strengths which make them compatible to withstand heavy winds and forces. In addition to this, the cladding systems also provide vapor control properties for avoiding the overall deterioration of the structure.

In the current scenario, with the boom in the construction industry, the need for appealing and energy efficient structures has paved the way for the cladding systems market. The growth in the commercial and residential real estate markets has directly driven the cladding systems market. Other factors such as increased urbanization in the Asia-Pacific and Latin America, growth in trend of energy efficient, easy to maintain, and durable structures, are driving the cladding systems market.

The use of metal and stone cladding systems in residential buildings is uneconomical, which, is a major restraint for the growth of cladding systems market in the residential infrastructure market. Another factor restraining the cladding systems market is its inflammable nature. It has caused many fire related accidents, which can restrain the growth of the market.

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Rise in need for energy efficient buildings, better insulation and maximum use of natural resources increase the demand for better cladding options and innovations. All these factors are expected to provide growth opportunities for the cladding systems market. The use of environment friendly materials and recycled metal & plastic are making the cladding systems more popular and lowering the costs for manufacturing of cladding.

The cladding systems market report is segmented according to the type of cladding, type of material, application, building type and region. Based on type of cladding, the market is segmented as curtain walling, sandwich panels, patent glazing, rain screens, metal profile cladding, brick slips, tile hanging, and others. By type of material, the claddings are made of metals, timber, vinyl (plastics), bricks, glass, pre-cast concrete, and stone. Based on application, cladding systems are bifurcated into interior and exterior. On the basis of the building type, it is categorized into commercial, residential, and industrial buildings. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. These regions are further categorized into different key countries, respectively.

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Further advancements in the materials and technologies provided numerous opportunities for the cladding systems market. For instance, Pohl offers ventilated curtain walls under the product name, Europlate, which includes sharp contours, better draining features, and includes special plastic clips that enable motion due to expansion and contraction of the metal sheets. Furthermore, the companies are developing new materials and coatings for the cladding systems to provide properties such as protection from pollution and UV radiations.

Comprehensive competitive analysis and profiles of major market players such as Saint Gobain SA, TATA Steel, Etex Group, Schuco International, Arconic, Novelis Aluminum, Euramax, Nichicha Corporation, Verzatec Group, Boral are also provided in the report

Key offerings of the report:

o Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
o Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
o Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
o Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
o Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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