Global Rainscreen Cladding Market is projected to grow at a CAGR of 6.81% from 2017 to 2025

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The Global Rainscreen Cladding market is projected to reach USD 15.30 billion by 2025. The major factors influencing the growth for rainscreen cladding market include increase in construction activities in the Asia-Pacific and other emerging regions, rising awareness regarding energy savings amongst the people, and protection from the nature’s negative externalities among others. Also, these materials are lightweight insulation materials having low installation cost which further fuels the demand for this market. There have been significant technological advancements in the rainscreen systems in order to increase the life span of exterior walls of the buildings of residential and non-residential sectors. It has also gained momentum in the industrial application areas.

End-User Landscape (Consumer Profile): Rainscreen cladding Market

Manufacturing companies such as the Kingspan Insulation PLC, Carea Ltd., and MF Murray Companies among others are investing extensively in the manufacturing and sale of rainscreen cladding systems, which presents a huge opportunity to rainscreen cladding suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others which are available in the public domain.

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Europe’s Rainscreen cladding market is estimated to hold the highest share in 2017

Rapid urbanization and population growth in developing countries combined with rebounding construction activities in developed markets of Europe is fuelling the demand for rainscreen cladding products. The regulations set up by European Commission to promote the use of energy efficiently in a wide variety of industrial, commercial and residential applications is further driving the market in this region. U.K. is projected to hold the largest share in Europe’s rainscreen cladding market. On the other hand, Asia-Pacific’s rainscreen cladding market is projected to grow at the highest CAGR by 2025. Rise in construction expenditure especially in India and China along with strong growth in infrastructure activity is boosting the demand for rainscreen cladding systems in this region. China is estimated to hold the lion’s share in the Asia-Pacific rainscreen cladding market.

Competitive Landscape:

Kingspan Insulation PLC, Carea Ltd., MF Murray Companies, Celotex Ltd., CGL Facades Ltd., Rockwool International A/S among others account for the major share in Rainscreen cladding market. Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. Other key players include: Eco Earth Solutions India, Middle East Insulation LLC, EuroPanels, Everest Industries Limited, Euramax, Trespa International B.V., FunderMax, and Centria International.

Research Methodology:

1. The global rainscreen cladding market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The market research methods involved three stages: Desk research, Primary survey research, and Analysis & Output from the entire research process.

2. The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the industry analysis; industry trends; market analysis; market trends; market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the rainscreen cladding market.

3. The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, VPs, CEOs, COOs, financial consultants, business consultants, strategy consultants, project management consultants, business management consultants, distributors, and end-use product manufacturers.

4. Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, demand forecasting, SWOT analysis of the company’s manufacturing rainscreen cladding, and customer analytics.

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This release was published on openPR.