Rainscreen Cladding Market 2020: Analysis of Growth, Trends, Progress and Challenges & Global Forecast 2025

1
Rainscreen Cladding Market

• Size 2019, by End-Use (Residential,
  Non-residential), Material (Fiber Cement,
  Composite Material, Metal, High Pressure
  Laminates, Terracotta, Others), Region and
  Forecast 2019 to 2025

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2
Rainscreen Cladding Market Size and Share 2025

• The global rainscreen cladding market is
  anticipated to cross USD 180 billion by 2025,
  growing at a CAGR of gt6.0. The increasing
  population coupled with infrastructure
  development has prompted developed as well as
  developing economies to increase their
  construction activities. According to the United
  Nations prediction, the number of people living
  in cities could double by 2050, which is close to
  6.5 billion. To accommodate growing populations,
  cities like Paris, New York, and Tokyo are
  building more housing and public resources,
  including parks, schools, and subways, as part of
  large redevelopment plans. For instance, the
  renovation of the Battersea Power Station
  development in London. This project is estimated
  at USD 16.5 billion and will include new
  residential and commercial complexes, including
  apartments, hotels, and offices and is expected
  to finish in 2025. All these factors are expected
  to offer a lucrative opportunity for the
  rainscreen cladding market over the coming years.
• Adroit Market Research report on the global
  rainscreen cladding market gives a holistic view
  of the market from 2015 to 2025, which includes
  factors such as market drivers, restraints,
  opportunities, challenges, and regulatory
  scenarios. The market has been studied for
  historic years from 2015 to 2017, with the base
  year of estimation as 2018 and forecast from 2019
  to 2025. The report covers the current status and
  future traits of the market at global as well as
  country level.

3
Rainscreen Cladding Market Size and Share 2025

• The global rainscreen cladding market has been
  segmented into end-use, and material. End-use
  wise, the rainscreen cladding market is broken
  down into residential and non-residential. The
  non-residential industry has dominated the
  overall rainscreen cladding market size in 2018
  and is expected to remain in dominance over the
  projected period. Increasing the tourism industry
  followed by rising infrastructure development in
  developing economies is expected to encourage
  rainscreen cladding manufacturers to increase
  their production output to cater to growing
  end-user requirements. In terms of materials, the
  market is broken down into fiber cement,
  composite material, metal, high-pressure
  laminates, and terracotta. Low maintenance, high
  corrosion resistance, the rigidity under thermal
  conditions, high tensile strength, and superior
  flatness is expected to increase the adoption of
  aluminum and stainless steel for framework
  application over the coming years.
• In terms of region, Asia Pacific is expected to
  be the fastest-growing region for the rainscreen
  cladding industry. The rising population coupled
  with a growing economy in South Korea, India,
  China, and Japan is expected to offer a lucrative
  opportunity for the rainscreen cladding market.
  Additionally, the growing tourism industry in
  Malaysia, Thailand, Singapore, and Sri Lanka is
  expected to strengthen its construction activity,
  which in turn is expected to increase market
  expansion over the forecast period. Government
  initiatives for construction activities in
  developing countries are expected to prompt raw
  material manufacturers to expand their production
  capacity to fulfill end-user requirements. For
  instance, Pradhan Mantri Awas Yojana (PMAY)
  launched by the Indian government to provide
  affordable housing for urban poor to build 20
  million houses by May 2022.
• Major players operating in the global rainscreen
  cladding market are Kingspan Insulation plc,
  Carea Ltd., M.F. Murray Companies, Inc., Celotex
  Ltd., CGL Facades Co., Rockwool International
  A/S, Eco Earth Solutions Pvt. Ltd., FunderMax,
  Everest Industries Limited, and OmniMax
  International. Key players are adopting mergers
  acquisitions, RD, and new product development
  strategies to increase their market concentration
  and geographical reach. For instance, in July
  2016, SFS Intec Ltd, a global leader in
  mechanical fastening increased its market
  competition by acquiring NVELOPE, a global leader
  in offering rainscreen cladding.

4
Rainscreen Cladding Market Size and Share 2025

• End-Use Overview, 2015-2025 (USD Billion)
• Residential
• Non-residential
• Material Overview, 2015-2025 (USD Billion)
• Fiber Cement
• Composite Material
• Metal
• High Pressure Laminates
• Terracotta
• Others
• Regional Overview, 2015-2025 (USD Billion)
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa

5
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