Press release
Rainscreen Cladding Global Market By Product Type, By Raw Material, By Application, By Construction, By Region And Segment Forecast 2023-2032 | Kingspan Group, SIKA, ROCKWOOL, Everest Industries Limited, Promat UK Limited, Celotex Ltd.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the rainscreen cladding market report by The Business Research Company, the increase in residential and non-residential construction is expected to propel the growth of the rainscreen cladding market going forward.
The global rainscreen cladding market size grew from $13.5 billion in 2022 to $14.79 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rainscreen cladding market size is expected to grow to $21.4 billion in 2027 at a CAGR of 9.7%.
Read More On The Rainscreen Cladding Market Report Here:
https://www.thebusinessresearchcompany.com/report/rainscreen-cladding-global-market-report
Major competitors in the rainscreen cladding market include Kingspan Group, SIKA, ROCKWOOL, Everest Industries Limited, SFS Fastening Technology Ltd., Promat UK Limited, Celotex Ltd., CGL Facades, ECO Earth Solutions, Trespa International B.V., Middle East Insulation LLC., OmniMax International, Carea Facade, The Dow Chemical Company, and FunderMax.
The rainscreen cladding market is segmented -
• By Material: Metal, Fiber Cement, Composite Materials, Other Materials
• By Construction: New Construction, Renovation
• By End-User: Non-residential, Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Europe was the largest region in the rainscreen cladding market.
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The rainscreen cladding is used to protect a building's structure from natural elements such as wind and rain, insulation, and noise control, and boost the aesthetic appeal of a building. Rainscreen refers to an exterior cladding infrastructure of water-shedding material placed on the surface of the buildings. Some of the advantages associated with it are the increase in thermal and acoustic insulation.
The Table of Content for The Rainscreen Cladding Market Include:
1. Executive Summary
2. Rainscreen Cladding Market Characteristics
3. Rainscreen Cladding Market Trends And Strategies
4. Rainscreen Cladding - Macro Economic Scenario
5. Rainscreen Cladding Market Size And Growth
.....
26. Africa Rainscreen Cladding Market
27. Rainscreen Cladding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rainscreen Cladding Market
29. Rainscreen Cladding Market Future Outlook and Potential Analysis
30. Appendix
The "Global Rainscreen Cladding Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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The Rainscreen Cladding Market size is expected to reach US$ 22,556.66 million by 2031 from US$ 15,005.38 million in 2024. The market is estimated to register a CAGR of 6.2% during 2025-2031. The rising demand for retrofit and renovation projects in urban areas is likely to bring new trends to the market in the coming years.
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