Rainscreen Cladding Market Insights, Competitive Landscape and Forecast Report to 2024

Posted on 2020-10-28 by researchinsights in Chemicals // 0 Comments

Felton, Calif., USA, Oct. 28, 2020 — /EPR Network/ —

Global Rainscreen Cladding Market size is expected to reach USD 14.0 billion by 2024. Rain screen cladding is an attachment of the outer skin with a ventilated & drained cavity provided to a new or existing building infrastructure. The main purpose of rain screen cladding is to protect the exterior wall of a building from rainwater and prevent it from penetrating the interior of the property. The market size is expected to register a CAGR of 7.6% in the upcoming period as the scope, product types, and its applications are increasing across the globe. It provides some advantages such as lightweight material, thermal insulation, improved external appearance and acoustic performance of the buildings. Demand for these products has increased significantly due to promotion by International Energy Agency and World Green Building Council.

In rain screen cladding, some raw materials are used such as fiber cement, metal, composite material, terracotta, high pressure laminates, ceramic, and others. Composites are the leading raw material for the manufacture of rain screen cladding owing to properties like durability, higher strength and flexibility. The “fiber cement” segment is anticipated to hold the highest market share over the forecast period. This material can resist the growth of mold, fungi, and bacteria. These materials are gaining increasing importance as they require no special tools for installation.

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Metals are lightweight and easy to install. Metals such as zinc, aluminum, and steel are used for various applications. They offer some advantages like aesthetic appeal, sound & thermal insulation and fire resistance. Metals are mostly used due to their rigidity, superior flatness, excellent tensile strength and stability under changing thermal conditions. The factors that play an important role in the growth of rain screen cladding market include increasing demand, growing population, increasing urbanization & industrialization, growing demand for energy efficient buildings construction, growing construction industry, emerging need for exterior wall protection, technological advancements and stringent government rules & regulations. Moreover, increasing demand of eco-friendly buildings due to stringent government regulations, rising awareness about environmental degradation, changing lifestyle, and rising disposable income are main factors driving the growth of market in the next couple of years.

Rainscreen Cladding Raw Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 – 2024)

Fiber Cement
Composite Material
Metal
High Pressure Laminates
Terracotta
Ceramic
Others

Rainscreen Cladding Application Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 – 2024)

Residential
Commercial
Offices
Institutional
Industrial

The key players contributing to the robust development of the rainscreen cladding market include King span Insulation plc, Lakesmere International Ltd., Dow Building Solutions, Ash & Lacy Building System Ltd., Carea Ltd., Booth Muirie Ltd., Celotex Ltd., E.I. DuPont de Nemours & Co., CGL Facades Co., MF Murray Company, Kalzip Ltd., Rockwool International A/S, NvelopeRainscreen System Ltd. and TAKTL LLC. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Table of Contents

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Rainscreen Cladding Industry Outlook

Chapter 4 Rainscreen Cladding Raw Material Outlook

Chapter 5 Rainscreen Cladding Application Outlook

Chapter 6 Rainscreen Cladding Regional Outlook

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