Press release
Global Cladding Systems Market Research Report 2023
Cladding systems. Wall cladding means that the exterior of a building is covered with panels of a different material than they cover up. To maintain the structure, frame and exterior walls of a building, certain panel systems are applied. The panels are installed over Others materials used in construction.The global Cladding Systems market was valued at US$ 201400 million in 2022 and is anticipated to reach US$ 241670 million by 2029, witnessing a CAGR of 3.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Vinyl accounted for the largest market share in 2017. This is because of its low cost and easy installation techniques. Vinyl siding is the most preferred siding for residential buildings. Vinyl siding is durable and can last for up to 30 to 40 years. Also, growing construction projects, both residential and commercial, have driven the market in this segment. Others cladding materials include stone & brick, wood, stucco & EIFS, metal, and fiber cement.
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Key Segmentations
By Company
Tata Steel Limited (India)
Alcoa(US)
Etex Group (Belgium)
James Hardie Industries PLC (Ireland)
Compagnie de Saint Gobain SA (France)
Boral Limited (Australia)
Axiall Corporation (US)
CSR Limited (Australia)
Nichiha Corporation (Japan)
Cembrit Holding A/S (Denmark)
Segment by Type
Brick & Stone
Wood
Stucco & EIFS
Metal
Vinyl
Fiber Cement
Others (Concrete And Weatherboard)
Segment by Application
Residential
Non-residential
Commercial
Industrial
Others (Educational Institutes, Stadiums, And Airport)
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SIMILAR REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-3L7447/global-wall-cladding-systems
https://reports.valuates.com/market-reports/QYRE-Auto-18C14263/global-robotic-laser-cladding-systems
https://reports.valuates.com/market-reports/QYRE-Auto-15U7577/global-rainscreen-cladding-systems
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