Rainscreen Cladding Market – Global Opportunities & Forecast, 2020-2027
The GMI Research report provides an overall outlook of the
industry through a detailed market segmentation. The report offers thorough
information related to the overview and scope of the market, including the
market drivers, restraints and emerging trends in the industry. This report is especially
designed to include both qualitative and quantitative aspects of the industry
in each region and country participating in the study.
Competitive Rivalry of the Rainscreen Cladding Market:
The leading players in the rainscreen cladding market
include SFS Group AG, Everest Industries Limited, Kingspan Group Plc, Sotech
Optima Company, Fundermax, Rockwool International A/S, SIKA AG, Promat UK Ltd.,
Merson Group, and BTS Fabrications, among others.
Drivers of the Rainscreen Cladding Market:
An
increase in the construction of residential and non-residential buildings,
remodeling, renovation, and maintenance activities is one of the major factors
surging the growth of the global rainscreen cladding market. Several beneficial
properties, including high durability, improved thermal, weather resistance,
acoustic insulation, and the ability to improve infrastructures' aesthetic
appearance, will increase the demand for rainscreen cladding. Rainscreen
cladding helps in decreasing thermal movement through the wall, which prevents
overheating during summer. It also helps in maintaining a warm and steady
interior temperature in the winter season. This unique specification of
rainscreen cladding is encouraging consumers towards the adoption of these
cladding solutions.
Rainscreen cladding is relatively
lightweight as compared to conventional masonry builds and helps keep the
building structure dry, which in turn, decreases the maintenance cost. It is
extensively used to construct commercial spaces, including hospitals, shopping
malls, warehouses, schools, and other buildings. On the other hand, the
increasing cost of raw material and limited awareness associated with the
benefits of rainscreen cladding in developing economies hamper market growth.
The strict lockdown due to the outbreak of COVID-19 and general containment
measures imposed to delay its spread is projected to significantly impact the
construction sector, thus hindering the growth of the rainscreen cladding
market in the upcoming years.
Market Segmentation:
The main objective of the study is to
define market sizes of the different market segments & countries during the
forecast period and analyze the values in the next six years. The detailed
segments and sub-segments of the market are explained below:
Breakup by Material:
·
Composite
Materials
·
Metal
·
Fibre
Cement
·
High
Pressure Laminate
·
Others
Breakup by Construction:
·
New
construction
·
Renovation
Breakup by
End-Use Sector:
·
Residential
·
Non-residential
Breakup by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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