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Rainscreen Cladding Market Key Players | Kingspan Insulation PLC, Carea Ltd., MF Murray Companies

11-21-2023 08:54 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Rainscreen Cladding Market Key Players | Kingspan Insulation

As per the study initiated by Evolve Business Intelligence, the global Rainscreen Cladding Market size accounted for USD 125 Billion in 2022, growing at a CAGR of 8.05% from 2023 to 2033.The rainscreen cladding market involves the production and installation of exterior cladding systems designed to protect buildings from moisture while enhancing thermal insulation and aesthetics. These systems, consisting of a ventilated airspace between the cladding and the building envelope, prevent water infiltration and promote air circulation. The market has grown due to the increasing focus on energy efficiency, sustainable construction, and the aesthetic appeal of building facades. Key drivers include the durability, weather resistance, and customization options offered by rainscreen cladding, making it popular in commercial, residential, and institutional construction. Major players include manufacturers, suppliers, and contractors specializing in rainscreen cladding solutions.
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The rainscreen cladding market is driven by a growing emphasis on energy efficiency and sustainable construction practices. These cladding systems, with a ventilated airspace, provide moisture protection, thermal insulation, and aesthetic appeal to buildings. Key factors propelling the market include the durability, weather resistance, and customizable design options, making rainscreen cladding a preferred choice in commercial, residential, and institutional construction projects.
Key Players
Some of the major Rainscreen Cladding Market players holding high market shares include Kingspan Insulation PLC, Carea Ltd., MF Murray Companies and Celotex Ltd.. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include CGL Facades Ltd., Rockwool International A/S, Eco Earth Solutions, FunderMax Holding AG, Euramax, Trespa International B.V
Report Description: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021437
Segmental Analysis
Based on Type, the Rainscreen Cladding market is segmented into Cement, Composite, Metal, Laminates, Terracotta and Others.In terms of revenue, the Rainscreen Cladding market was dominated in 2022 by the Terracotta category. Because they are strong, long-lasting, and aesthetically pleasing, terracotta panels are a popular option for facades on both residential and commercial buildings.
Based on End-Use, the Rainscreen Cladding market is segmented into Residential, Commercial and Industrial.During the 2023-2030 forecast period, the Commercial segment is anticipated to increase at a higher rate than it did in 2022, when it dominated the market.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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