Rainscreen Cladding Market In-Depth Analysis of Industry Share.
by Natasha Christou Digital Marketing ConsultantAccording to Rainscreen Cladding Market report,
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research report is the perfect solution. Not to mention, while building this
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market restraints evaluated here brings into light how the product is getting
utilized in the recent period while giving estimations about the future usage.
This global Rainscreen Cladding Market report identifies,
analyses, and estimates the up-and-coming trends along with major drivers,
challenges and opportunities in the industry. Additionally, analysis of
vendors, geographical regions, types, and applications has been carried out
here. Taking up this market research report is always beneficial for businesses
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analysis document acts as a great source of information with which businesses
can get a telescopic view of the existing market trends, consumer’s demands and
preferences, market situations, opportunities and market status.
Market Analysis and Insights: Global Rainscreen
Cladding Market
Rainscreen cladding market is expected to gain market growth in
the forecast period of 2020 to 2027. Data Bridge Market Research analyses that
the market is growing with a CAGR of 7.5% in the forecast period of 2020 to
2027and expected to reach USD 16,896.37 million by 2027 from USD 9,509.69
million in 2019. Stringent regulations to reduce carbon footprint are the
factors for the market growth.
Rainscreen
cladding is a method to offer over-cladding or cladding a building so that they
can protect the building fabric, interior, exterior and structure from unstable
weather. The system helps in making a complete ‘flat’ surface and they are
highly used for different new build projects where the system can give
excellent performance for the longer period of time and provides good
infrastructure to the building façade. Increased number of construction as
compared to the past few years will accelerate the market growth. Government is
taking initiatives in funding the refurbishment projects. For instance, studies
conducted by Matic found that the energy refurbishment of existing buildings
and their conversion to energy efficient buildings helps in decreasing the
loads. According to them, there has been a significant reduction of cooling and
thermal loads after refurbishment of existing buildings. So, as per studies,
prefabricated construction systems helps to improve environmental
sustainability in the construction industry.
This rainscreen cladding market report provides
details of market share, new developments, and product pipeline analysis,
impact of domestic and localised market players, analyses opportunities in
terms of emerging revenue pockets, changes in market regulations, product
approvals, strategic decisions, product launches, geographic expansions, and
technological innovations in the market. To understand the analysis and the
market scenario contact us for an Analyst Brief, our team will help
you create a revenue impact solution to achieve your desired goal.
Global Rainscreen
Cladding Market Scope and Market Size
Rainscreen cladding market is segmented on the basis
of raw material, system and application. The growth among segments helps you
analyse niche pockets of growth and strategies to approach the market and
determine your core application areas and the difference in your target
markets.
On the basis of raw material, the market is segmented into fiber
cement, composite material, metal, high pressure laminates, terracotta, ceramic
and others. Rising demand of composite material inadvertently increases because
of the lighter weight property and its stiffness and mist important growing factor
is that it’s increasing applications in different industries like aerospace,
marine and others. This factor allows market to grow with highest CAGR in the
forecasted period of 2027.
Rising demand of insulation materials across the globe is one of
the prominent factors for an upsurge demand of rainscreen cladding products.
For instance, it has been determined that the level of rainfall has been
increased due to the increase in the global warming levels. It has been found
out that the global warming level has been reached greater than 95 percent
probability which drives the rainfall very heavily in the global regions. Thus
the demand of rainscreen cladding has been increased in the forecasted period
to 2027.
On the basis of system, the market is segmented into
vented systems, drained and vented systems and pressure equalised (moderated)
systems. Vented systems segment dominates as well as growing with the highest
CAGR in the market. The products made through vented systems are relatively
lightweight as compared to conventional masonry builds. It makes lesser burden
on the underlying building structure. Thus, vented system is leading system in
global rainscreen cladding market.
On the basis of application, the market is segmented into
residential, commercial, institutional and industrial. Commercial segment is
dominating as well as growing with the highest CAGR in the market as the
rainscreen cladding system is mostly used in the commercial buildings to
protect from moisture and also provides thermal insulation.
Rainscreen Cladding Market Country Level Analysis
Rainscreen cladding market is analysed and market size
information is provided by country by raw material, system and application as
referenced above.
The countries covered in the global rainscreen cladding market
report are U.S., Canada and Mexico in North America, Germany, France, U.K.,
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of
Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia,
Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific,
Saudi Arabia, U.A.E, Egypt, Israel, South Africa, Rest of Middle East and
Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South
America as part of South America.
Asia-Pacific dominates the rainscreen cladding
market as the China is leader in rainscreen cladding manufacturing as well as
export major components parts required for rainscreen cladding. For instance,
according to forbes, China will be the leader in 2030 market with holding
shares around 40 percent, In addition, global automakers like ROCKWOOL
International A/S, Kingspan Group and others are intensifying their efforts in
China. ROCKWOOL International A/S has its manufacturing facility in China is
planning to expand their business throughout the Asia-pacific region. The
Asia-Pacific region is expected to grow with the highest growth rate in the
forecast period of 2020 to 2027 because of increasing consumption by
population.
The country section of the report also provides individual
market impacting factors and changes in regulation in the market domestically
that impacts the current and future trends of the market. Data points such as
new sales, replacement sales, country demographics, regulatory acts and
import-export tariffs are some of the major pointers used to forecast the
market scenario for individual countries. Also, presence and availability of
global brands and their challenges faced due to large or scarce competition
from local and domestic brands, impact of sales channels are considered while
providing forecast analysis of the country data.
Increase in Demand
for Fiber Cement in Cladding Systems
Rainscreen cladding market also provides you with detailed
market analysis for every country growth in building and construction industry
with rainscreen cladding product sales, components sales, impact of
technological development in insulation materials and changes in regulatory
scenarios with their support for the rainscreen cladding market. The data is
available for historic period 2010 to 2018.
Competitive
Landscape and Rainscreen Cladding Market Share Analysis
Rainscreen cladding market competitive landscape
provides details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, global presence, production sites and
facilities, company strengths and weaknesses, product launch, product trials
pipelines, concept cars, product approvals, patents, product width and breadth,
application dominance, technology lifeline curve. The above data points provided
are only related to the companies’ focus related to rainscreen cladding market.
The major players covered in the report are Danpal,
Sotech Optima, Proteus Facades, Cladding Corp, NVELOPE, CENTRIA, FunderMax,
Middle East Insulation LLC., Euro Panels Overseas N.V., Kingspan Group,
TERREAL, CAREA Group, MERSON GROUP, Avenere Cladding LLC., HunterDouglas,
Architectural Panel Solutions Limited, Bailey, ROCKWOOL International A/S, Tata
Steel and DuPont, among other players domestic and global. Rainscreen cladding
market share data is available for Global, North America, Europe, Asia-Pacific,
Middle East and Africa and South America separately. DBMR analysts understand
competitive strengths and provide competitive analysis for each competitor
separately.
Many joint ventures and developments are also
initiated by the companies worldwide which are also accelerating the global
rainscreen cladding market.
For instance,
- In April 2018, Sotech Optima has collaborated
with ALPOLIC to introduce a range of ALPOLIC A2 ACM rainscreen cladding in
the U.K. market. It will help the company to expand its product portfolio
and will able to meet the increasing demand of rainscreen cladding.
- In 2019, the company has participated into an
architecture initiative conducted by Northampton International Academy for
identifying the old sorting office as the ideal space for the new
state-of-the-art school..
Partnership, expansion and other strategies
enhances the company market share with increased coverage and presence. It also
provides the benefit for organisation to improve their offering for rainscreen
claddings through expanded model range
Thanks for reading this article; you can also get
individual chapter wise section or region wise report version like North
America, Europe, MEA or Asia Pacific.
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Created on Jun 30th 2020 09:55. Viewed 403 times.