Press release
Rainscreen Cladding Market Reach $10,342.8 million at 6.0% CAGR dominated by Asia Pacific during 2021-2030
Japan Automated Material Handling Equipment Market
Key determinants of the market-
Rapid urbanization, growth in the construction sector, and rise in spending on home remodeling and retrofitting activities drive the global rainscreen cladding market. In addition, increase in adoption of IoT-enabled connected devices fuels the market growth even more. On the other hand, unreliability in harsh weather conditions and fluctuation in raw material prices hamper the market growth. Nevertheless, rise in construction of green buildings projected to unlock new opportunities for the market in the coming years.
Buy This Research Report (164 Pages PDF with Insights, Charts, Tables, Figures):
https://www.alliedmarketresearch.com/checkout-final/e3cedf9f6d81c5d438b887339d4a68fd
Covid-19 scenario:
The COVID 19 outbreak affected the growth of the global rainscreen cladding industry due to several lockdown measures.
Suspended manufacturing and production and the disrupted supply chain management of rainscreen cladding panels further impacted the market. In addition, declined demand from industrial, residential, and commercial spaces impacted the sales negatively.
Nevertheless, the government bodies all across the region are supporting the industry to recoup by relaxing regulations as well as initiating vaccinations drives.
Composite material segment to dominate the market throughout the forecast period-
Based on material, the composite material segment dominated the market with the largest share in 2020, holding more than two-fifths of the market. This is owing to the benefits associated with composite materials such as long durability, chemical resistance, corrosion resistance, design flexibility, and high performance at elevated temperatures. Conversely, the ceramic segment is expected to exhibit the highest CAGR of 6.9% during the forecast period. The fact that ceramic rainscreen cladding has higher absorption rate and a special coated layer with a glaze, which seals and protect it from rainwater, and avoid moisture control drives the growth of the segment.
Request Sample Report:
https://www.allie
dmarketresearch.com/request-sample/A13658
Commercial segment lead the trail throughout the forecast period-
Based on application, the commercial segment held the highest market revenue in 2020, accounting for ore than two-thirds of the market. Increase in commercial construction activities is the major factor propels the growth of the segment. On the other hand, the residential segment is anticipated to cite the highest CAGR of 6.9% during the forecast period. The economic growth and high urbanization in developing countries augment the growth of the segment.
Europe to lead the trail, North America to grow at a significant pace-
Based on region, the global rainscreen cladding market across Europe accounted for the largest share in 2020, holding more than one-third of the market. However, the market across Asia-Pacific region is estimated to portray the highest CAGR of 6.8% from 2021 to 2030. This is due to urbanization and economic development in the emerging countries such as Japan, China, the U.S, and others. Moreover, the market across North America is expected to grow significantly.
Inquire Before Buying
https://www.alliedmarketresearch.com/purchase-enquiry/A13658
Key Market players-
Rockwool International A/S, Kingspan Group, Sika AG, SFS Group AG, CGL Systems Ltd, Trespa International B.V., Valcan, Sotech Optima ALL, The Clarison Group Ltd (Alucraft Ltd), Euro Panels Overseas N.V.
Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
Similar Reports
Claddings Market
https://www.alliedmarketresearch.com/claddings-market
Glass Curtain Wall Market
https://www.alliedmarketresearch.com/glass-curtain-wall-market-A05981
Ceramic Tiles Market
https://www.alliedmarketresearch.com/ceramic-tiles-market
Asia-Pacific Aluminum Cladding Panels Market
https://www.alliedmarketresearch.com/asia-pacific-aluminum-cladding-panels-market-A11319
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: Fax: +1-800-792-5285
help@alliedmarketresearch.com
About us:
Allied Market Research (AMR) is a full-service market research and business-cons ulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: Fax: +1-800-792-5285
help@alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rainscreen Cladding Market Reach $10,342.8 million at 6.0% CAGR dominated by Asia Pacific during 2021-2030 here
News-ID: 3471529 • Views: …
More Releases from Allied market research
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion …
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, 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 a thorough understanding of the industry and determine…
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrative…
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi …
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." 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…
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi …
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing at…
More Releases for Material
Firestop Material Market
LOS ANGELES, United States: The global Firestop Material market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Firestop Material market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
New Material Direction for Electric Toothbrushes - Si-TPV Soft Over Molded Mater …
When it comes to factors such as consumer experience or ergonomics, Si-TPV Soft Over Molded Material has had a huge impact on the improvement of various products such as electric toothbrushes, etc. Si-TPV is a Silicone Combine TPU developed and produced by SILIKE, a Thermoplastic Elastomer Manufacturer (Thermoplastic Elastomer Suppliers). Si-TPV material adopts Innovative Soft Slip Technology and Sustainable Overmolding Techniques, which can be used to make Stain Resistance Soft…
A new light on a misjudged material - Plastic waste: material for art
Used plastic bottles are not waste, but a valuable resource. They can be reprocessed in a variety of ways and transformed into new products or fresh energy. And into art. This is exactly what Ve-ronika Richterová does. The Czech artist creates fascinating sculp-tures made out of old PET bottles.
Plastic has inspired artists from the very beginning. The reason: plas-tic meets almost all technical and aesthetic requirements. It is a uni-versal…
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.…
The Future of Smart Material Market Runs Through the Material Industry
Smart Materials Market is expected to garner $72.63 billion by 2022, registering a CAGR of 14.9% during the forecast period 2016-2022. Smart materials are adaptive or intelligent materials which pose intrinsic and extrinsic capabilities. These can be altered by external stimuli, such as moisture, temperature, electromagnetic field, and pressure to obtain the desired functional effects. In addition, these materials are dynamic in nature and respond to their immediate interaction environments…
Global Regenerative Artificial Skin Sales Market Research Report 2017 (Temporary …
The report "Global Regenerative Artificial Skin Sales Market Report 2017", has been prepared based on an in-depth market analysis with inputs from industry experts.
This report studies sales (consumption) of Regenerative Artificial Skin in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
Integra Life Sciences Corporation
Mylan N.V
Johnson & Johnson…
