Rainscreen Cladding Market 2022-2027: Industry Report, Growth, Trends, COVID-19 Impact and Forecast Analysis
The latest research study “Rainscreen Cladding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global rainscreen cladding market reached a value of US$ 121.14 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 174.38 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Definition and Application:
Rainscreen cladding refers to a type of double-wall construction system in a new or renovated building that keeps out the rain, prevents excessive air leakage, provides thermal insulation, and carries wind loading. It comprises of thin, prefabricated panels made using polyurethane (PU), stone, terracotta, metals, and several other combinations of these materials. These rainscreen cladding materials are durable, lightweight, easy to install, and moisture-proof. They reduce structural movements, extend the lifetime of the facade, prevent condensation and humidity, etc. Consequently, rainscreen cladding systems find widespread applications in residential, commercial, and industrial establishments across the globe.
Global Rainscreen Cladding Market Trends and Drivers:
The increasing construction of non-residential buildings, such as offices, educational institutions, industries, hospitals, supermarkets, etc., and the growing demand for enhanced moisture management systems are primarily driving the rainscreen cladding market. Besides this, the shifting consumer preferences towards aesthetic houses and the rising construction of single and multi-family residential buildings, on account of the expanding population, are acting as significant growth-inducing factors. Furthermore, the elevating focus towards research and development (R&D) activities among the key market players for creating panels and facades that offer improved moisture barriers is also positively influencing the market growth. Apart from this, the inflating number of refurbishment and remodeling projects across countries is expected to propel the rainscreen cladding market over the forecasted period.
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Rainscreen Cladding Market Report Scope |
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Report Coverage |
Details |
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Market size value in 2021 |
US$ 121.14 Billion |
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Market forecast in 2027 |
US$ 174.38 Billion |
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Growth Rate |
CAGR of 6.10% from 2022 to 2027 |
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Base year for estimation |
2021 |
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Historical data |
2016-2021 |
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Forecast period |
2022-2027 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Material, Construction Type, Application and Region |
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Regional scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
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Key companies profiled |
Compagnie de Saint-Gobain S.A., Euro Panels Overseas N.V., Everest Industries Ltd., Fundermax GmbH, Kingspan Group plc, Promat UK Limited (Etex Group), Rockwool International A/S, SFS Group AG, Sika AG, Sotech Optima, The Clarison Group Ltd. and Trespa International B.V. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Material:
• Composite Material
• Metals
• Fiber Cement
• High Pressure Laminates
• Others
Breakup by Construction Type:
• New Construction
• Renovation
Breakup by Application:
• Residential
• Commercial
• Industrial
By Geography:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
List of Major Key Players:
The major players in the market are Compagnie de Saint-Gobain S.A., Euro Panels Overseas N.V., Everest Industries Ltd., Fundermax GmbH, Kingspan Group plc, Promat UK Limited (Etex Group), Rockwool International A/S, SFS Group AG, Sika AG, Sotech Optima, The Clarison Group Ltd. and Trespa International B.V.
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Source: Digital Journal
