By Raw Material (Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramic and Others), By System (Vented Systems, Drained and Vented Systems and Pressure Equalised (Moderated) Systems), By Applications (Residential, Commercial, Institutional and Industrial), Country (China, South Korea, Australia, India, Japan, Singapore, Malaysia, Thailand, Philippines, Indonesia and Rest of Asia-Pacific) Market Trends and Forecast to 2027.
Market Analysis and Insights: Asia-Pacific Rainscreen Cladding Market
Rainscreen Cladding market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a stronger CAGR of 8.6% in the forecast period of 2020 to 2027 and expected to reach USD 4,418.57 million by 2027. Increased demand for rainscreen cladding in order to protect the buildings from various environmental conditions is the factor for the market growth.
Rainscreen cladding is a method to offer over-cladding or cladding a building so that they can protect the building fabric and structure from unstable weather. The system helps in making a complete ‘flat’ surface and they are highly used for different and new build projects where the system can give excellent performance for the longer period of time and provides good infrastructure to the building façade. Increase in refurbishment projects for large multi-story buildings and multifamily construction is driving the growth of market. Growing demand of green buildings to boost rainscreen cladding will also accelerate the growth of market. Customized rainscreen cladding are gaining more traction and have limited supply which will further create new opportunities that will impact this rainscreen cladding market growth in the forecast period to 2027. For instance, the Jiangxi provincial government of China has built an exhibition center, in which they have used ceramic rainscreen cladding in the exteriors of building.
This rainscreen cladding market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Rainscreen Cladding Market Scope and Market Size
Asia-Pacific rainscreen cladding market is segmented on the basis of raw material, system and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of raw material, the market is segmented into fiber cement, composite material, metal, high pressure laminates, terracotta, ceramic and others. Composite material had accounted for the maximum share as China is one of the leading providers of rainscreen cladding products. For instance, China’s aerospace composite material reaches 5.934 billion with a growth of 10.92% in the year 2018.
- On the basis of system, the market is segmented into vented systems, drained and vented systems and pressure equalised (moderated) systems. The vented systems accounted for the largest market share as they are contributing rainscreen cladding solutions to the Chinese environment, which in other way could lead to sustainable development of the country. For instance, most of the commercial buildings in China the vented system are used, mostly because the material terracotta which is used in vented system is very lightweight and eco-friendly with nature and has a good water resistant property which further boosts the demand of vented system in China.
- On the basis of application, the market is segmented into residential, commercial, institutional and industrial. Commercial segment is dominating the market in China, as being a developing nation, the construction activities in China is rising at a higher pace. For instance, a report has been published by CBRE, a leading property adviser, declared that commercial real estate investment in China reached US D37.6 billion (251.7 billion yuan), in 2017, showing an increment of 4 % from the previous year.
Rainscreen Cladding Market Country Level Analysis
Asia-Pacific rainscreen cladding market is analysed and market size information is provided by country, raw material e, system and application as referenced above.
The countries covered in the rainscreen cladding market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific.
China dominates the Asia-pacific rainscreen cladding market due to strong manufacturing base for rainscreen cladding, in the forecast period of 2020 to 2027. For instance, approximately 30-40% of the refurbishment projects taken place in China, involved the usage of rainscreen cladding in the exteriors of buildings.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.Increase in Demand for Fiber Cement in Cladding Systems
Asia-Pacific rainscreen cladding market also provides you with detailed market analysis for every country growth in building and construction industry with rainscreen cladding product sales, components sales, impact of technological development in insulation materials and changes in regulatory scenarios with their support for the rainscreen cladding market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Rainscreen cladding Market Share Analysis
Asia-Pacific rainscreen cladding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, concept cars, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific rainscreen cladding market.
The major players covered in the report are Danpal, Sotech Optima, Proteus Facades, Cladding Corp, NVELOPE, CENTRIA, FunderMax, Middle East Insulation LLC., Euro Panels Overseas N.V., Kingspan Group, TERREAL, CAREA Group, MERSON GROUP, Avenere Cladding LLC., HunterDouglas, Architectural Panel Solutions Limited, Bailey, ROCKWOOL International A/S, Tata Steel and DuPont, among other players in Asia-Pacific. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In December 2018, DuPont Safety & Construction, a business unit of DowDuPont Specialty Products Division launched a new rainscreen cladding system “Tyvek” which provides the protection against moisture damage in exterior wall systems. This launch will also help the company to expand its product portfolio in the market.
Partnership, expansion and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for Asia-Pacific rainscreen cladding market through expanded model range
Customization Available : Asia-Pacific Rainscreen Cladding Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), product under development data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.