Rainscreen Cladding Market Forecast | 2022-2028

Market Insights

The Rainscreen Cladding Market estimates to grow at a healthy CAGR of 6.78% during the forecast period of 2022-2028 and reaches USD 201.42 billion by 2028 from USD 126.73 billion in 2021.

Wish to Get a Free Sample? Register Here.

What is Rainscreen Cladding?

Rainscreen Cladding is an outer skin or attachment to the new or existing building to keep out the rain and to provide thermal and acoustic insulation which gives a host of advantages such as energy saving, requires almost no maintenance, and improves the durability of the building.

Rainscreen Cladding is made up of different material options such as composite materials, metal, fiber cement, high-pressure laminates, and others. It is used in different end-use sectors such as non-residential (offices, supermarkets, institutions, etc.) and residential.

Market Drivers

The market is expected to be driven by the following factors -

• Rising demand for enhanced moisture control properties and energy efficiency in the product.
• A shift in the trend of protecting exterior walls.
• Growing demand for the construction of non-residential buildings like offices and institutes, in both developed and developing nations.
• Rising remodeling and maintenance activities.

Want to have a closer look at this report, Register Here.

Key Players

Some of the major players in the market are-

• Kingspan Insulation plc
• Carea Ltd.
• Rockwool International A/S
• M.F. Murray Companies, Inc.
• Celotex Ltd.
• CGL Facades Co.

Segments Analysis

Material Trends

The market is segmented as composite materials, metal, fiber cement, high-pressure laminates, and others. 

The Composite Material segment held the largest share of the market in 2021 and is expected to remain dominant during the forecast period owing to its low maintenance cost and higher durability.

Construction Trends

The market is segmented as new construction and renovation. 

The New Construction segment is expected to remain dominant during the forecast period owing to no/minimal disruption required for the installation of rainscreen cladding during the construction process compared to renovation.

End-Use Sector Trends

The market is segmented as non-residential and residential. 

The Non-Residential segment leads the market owing to rapid industrialization and diversification of companies. Further, the area which has to be rainscreen cladded in non-residential (corporate offices, supermarkets, institutions, etc.) is comparatively larger than the residential (row houses or flats).

Regional Analysis

Europe is estimated to lead the market during the forecast period owing to the huge spending capability of individuals, the enormous growth of the construction industry in the region, the presence of a large number of rainscreen cladding manufacturers in countries such as the UK, Germany, France, and Russia.

Asia-Pacific is expected to witness the highest growth during the forecast period owing to rapid growth in per capita income and high investments in modern construction activities, which are expected to uplift the region’s product penetration during the forecast period.

To know which region offers the best growth opportunities, Click Here.

The market is segmented into the following categories. 

 By Material Type

• Composite Materials
• Metal
• Fiber Cement
• High-Pressure Laminates
• Others

By Construction Type

• New Construction
• Renovation

By End-Use Sector Type

• Non-residential
• Residential

By Region

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and the Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Overview, industry life cycle analysis, supply chain analysis
• Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Trend and forecast analysis.
• Segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, Technology launches, etc.
• Attractive segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. 

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Target Audience

The following is a list of the customers that the market aims to convert the most:

• Manufacturers
• Suppliers
• Distributors
• Organizations
• Government bodies

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: 

Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.