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.
However, high installation and maintenance cost are negatively impacting the growth of rain screen cladding
industry. The market is widely analyzed based on different regional factors such as gross domestic product
(GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on raw material,
application and geography. The market is classified into application such as commercial, residential, offices,
industrial and institutional. The “offices” segment is expected to hold the largest market share in the upcoming
period due to increasing refurbishment of office structures.
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Additionally, the “residential” application is projected to grow at the higher CAGR during the forecast period.
The increasing expenditure on affordable housing schemes in developing countries, growing over-cladding
activities on existing buildings and stringent government rules & regulations for developing green buildings are
anticipated to boost the demand for rain screen cladding in the residential sectorAsia Pacific has been at the
forefront with regards to rain screen cladding market and will continue to rule the roost in the years to come.
The key players contributing to the robust development of the rain screen 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.
Market Segment:
Rainscreen Cladding Raw Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 -
2024)
• Fiber Cement
• Composite Material
• Metal
• High Pressure Laminates