Global Rainscreen Cladding Industry Analysis and Market Driver Highlights 2015-2022
Over the past few years, the adoption of the rainscreen cladding system has increased to a great extent in the construction sector due to its various offerings such as lightweight & sustainable material, acoustic performance, easy installation, thermal insulation and enhanced external appearance of the buildings. The report " Global Rainscreen Cladding Market Research Report- Industry Analysis, Size, Share, Growth, Trends And Forecast " added by DecisionDatabases.com to its vast repository provides market insights, facts, historical data, and future projections of the rainscreen cladding industry. This report provides information in terms of revenue and volume for the period 2015 to 2022. Drivers, restraints, and opportunities are intellectually assessed in this research report.
The rainscreen cladding system provides protection to the building’s external wall from interior penetration of property and from rainwater. It also helps in extending construction lifespan by checking the deterioration rate of supplies, which are exposed to the external elements of the building. Increasing demand for better moisture management & energy efficient construction along with the rising need for external wall protection are major growth drivers, which are expected to fuel the global market demand over the coming years. In addition, growing demand for non-residential buildings such as institutions, offices, and malls across the globe will further aid in the market growth in the forthcoming years.
Rising government initiatives for the construction of green buildings such as IECC (International Energy Conservation Code), Energy policy act 2005, IEA (International Energy Agency) & others Acts along with the increasing environmental awareness globally will have a positive impact on the market penetration of the product over the forecast period. Rapid urbanization, rising standard of living and high purchasing power are anticipated to boost market demand for the construction of residential buildings, offices, malls and industries in the emerging economy, which in turn will augment the growth of rainscreen cladding market. However, elevated installation costs and complexity in the maintenance procedure, especially in the areas with high precipitations, are major concerns, which may hinder market growth in the study period. This product also offers lucrative opportunities to architects, developers, and contractors to solve the rain penetration issue and to improve all aspects of wall performance.
The global rainscreen cladding market has been segmented based on raw materials into fiber cements, high-pressure laminates, and composites, metal, ceramic, terracotta and others. Composites are the major raw material segment and are expected to grow at a significant rate during the forecast period owing to its growing demand amongst manufacturers due to its advantages such as higher strength, flexibility and durability. The rainscreen cladding has been further segmented on the basis of applications into residential, offices, commercial, institutional and industrial segment. The office's segment accounted for maximum share and is expected to witness a double digit growth in the study period on account of the increase in the renovation of office structures globally. The residential sector is also expected to grow at a substantial rate during the forecast period due to the rising residential construction spending, favorable government initiatives to provide low cost & sustainable housing in the emerging economy.
Asia Pacific is a fastest growing market and is expected to grow at the highest CAGR over the coming years owing to the increasing infrastructure spending along with rising number of integrated township projects, rising population and strong economic development in the region. Europe is also expected to witness a considerable growth in the near future due to favorable climatic conditions, recovery from the recession and supportive government regulations to promote energy efficiency in the region.
The major players include E.I. DuPont de Nemours & Co., MF Murray Company, Ash & Lacy Building System Ltd., Dow Building Systems, Celotex Ltd., Nvelope Rainscreen System Ltd., TAKTL LLC, CGL Facades Co., Kingspan Insulation PLC, Lakesmere International Ltd., Rockwool International A/S, Carea Ltd., Booth Muirie Ltd and Kalzip Ltd.
In Feb 2014, EJOT UK had launched advanced Rainscreen Specification App to offer developers and designers with an entire outline of the route to specification.
In June 2016, Sotech, a leading manufacturer of rainscreen cladding systems has introduced two rainscreen cladding systems: Optima HC, Horizontal Cladding’and ‘Optima LZ, Low Zone Cladding’.
Other Related Reports
Global Geogrid Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021http://www.decisiondatabases.com/ip/409-geogrid-market-report
Global Concrete Fiber Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021http://www.decisiondatabases.com/ip/522-concrete-fiber-market-report
DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.
For more details:
E-Mail: [email protected]
Phone: +91 99 28 237112