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SAN FRANCISCO , Sept. 6, 2022 /PRNewswire/ -- The global rainscreen cladding market size is expected to reach USD 233.08 billion by 2030, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. The rising demand for the aesthetic appeal of new as well as renovated buildings and protection against fire, rainwater, and air is likely to drive the industry growth for rainscreen cladding structures. The growing need for enhanced moisture management and energy-efficient solutions for buildings is likely to propel the product demand. Shifting consumer trends toward the protection of exterior walls in residential, commercial, and non-residential buildings, including offices and institutions are boosting the product demand.
Key Industry Insights & Findings from the report:
Read 252-page market research report, 'Rainscreen Cladding Market Size, Share & Trends Analysis Report By Raw Material (Fiber Cement, Terracotta), By Application (Residential, Official), By Region (North America , EU, APAC), And Segment Forecasts, 2022 - 2030', published by Grand View Research.
Rainscreen Cladding Market Growth & Trends
A large number of players are based in North American and European economies owing to the easy access to raw materials. Innovations and technological advancements in manufacturing and installations are the key factors for producers to sustain in the competition. The manufacturers have established contacts with the suppliers to secure material flow for the product manufacturing. Aluminum composite materials, fiber cement, and terracotta are widely used for manufacturing the rainscreen components owing to their high durability, fire & waterproof properties, and resistance to the growth of bacteria, fungi, and mold. However, unstable prices for raw materials and installation charges for the structure are expected to hamper the overall pricing for rainscreen claddings.
Grand View Research has segmented the global rainscreen cladding market based on raw material, application, and region:
Rainscreen Cladding Market - Raw Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2017 - 2030)
Rainscreen Cladding Market - Application Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2017 - 2030)
Rainscreen Cladding Market - Regional Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2017 - 2030)
List of Key Players in Rainscreen Cladding Market
Check out more related studies published by Grand View Research:
Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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SOURCE Grand View Research, Inc.
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