Asia-Pacific Rainscreen Cladding Market, 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) - Industry Trends and Forecast to 2023 to 2030.
Asia-Pacific Rainscreen Cladding Market Analysis and Size
The essential factors contributing to the growth of the Asia-Pacific Rainscreen Cladding market in the forecast period of 2023 to 2030 include the rise in refurbishment projects and multifamily construction. Also, the growing demand for green buildings, prioritizing sustainability and energy efficiency, significantly contributes to the market’s growth.
Data Bridge Market Research analyses that the Asia-Pacific rainscreen cladding market, which was USD 36.07 billion in 2022, is expected to reach USD 56.25 billion by 2030, growing at a CAGR of 6.6% during the forecast period of 2023 to 2030. In 2023, the vented system segment is expected to dominate the system segment of the market due to their superior moisture management, improved thermal performance, and enhanced durability compared to non-vented systems.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Asia-Pacific Rainscreen Cladding Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Million, Volumes in Million Square Meters, Pricing in USD |
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Segments Covered |
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) |
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Countries Covered |
China, South Korea, Australia, India, Japan, Singapore, Malaysia, Thailand, Philippines, Indonesia, and rest of Asia-Pacific |
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Market Players Covered |
Danpal (Spain), Sotech Optima (U.K.), Proteus Facades (U.K.), Cladding Corp (U.S.), CENTRIA (U.S.), FunderMax (Austria), Middle East Insulation LLC. (UAE), Euro Panels Overseas N.V. (Belgium), Kingspan Group (Ireland), TERREAL (France), CAREA Group (France), MERSON GROUP (U.K.), Avenere Cladding LLC. (U.S.), HunterDouglas (Netherlands), Architectural Panel Solutions Limited (U.K.), Bailey (U.S.), ROCKWOOL International A/ S (Denmark), Tata Steel (India), and DuPont (U.S.) among others |
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Market Opportunities |
Customized rain screen cladding gaining more traction |
Market Definition
Rainscreen cladding is a method to offer over-cladding or cladding a building to protect the building fabric and structure from unstable weather. The system helps make a complete ‘flat’ surface, and it is highly used for different and new build projects where the system can give excellent performance for a longer period and provides good infrastructure to the building facade.
Asia-Pacific Rainscreen Cladding Market Dynamics
Drivers
- Increase in refurbishment projects for large multi-story buildings and multifamily construction
The rise in refurbishment projects and multifamily construction has increased demand for rainscreen cladding in large multi-story buildings. This growth is driven by the need for efficient and aesthetically appealing building envelope solutions that provide enhanced insulation, weather protection, and improved energy efficiency.
- Growing demand for green buildings
The growing demand for green buildings, which prioritize sustainability and energy efficiency, has contributed to expanding the rainscreen cladding market. Rainscreen cladding systems offer benefits such as thermal insulation, moisture management, and improved indoor air quality, aligning with the objectives of green building practices and driving their adoption.
Opportunities
- Customized rainscreen cladding is gaining more traction
Furthermore, the increasing popularity of customized rainscreen cladding is creating opportunities in the market. Customization allows for unique design solutions tailored to specific project requirements, enabling architects and designers to achieve distinctive aesthetics while maintaining the functional benefits of rainscreen cladding systems that will impact the market growth.
Restraints/Challenges
- Improper installation can lead to deterioration of cladding materials
On the other hand, improper installation can lead to moisture infiltration and reduced performance. At the same time, inadequate maintenance can result in the deterioration of cladding materials and compromise the system's overall functionality. Proper maintenance can be a challenge for the market in the forecast period of 2023-2030.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Asia-Pacific Rainscreen Cladding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In December 2021, the leading provider of wood and facade, Taylor Maxwell Group, was acquired by Brickability Group. Brickability will be able to offer a greater range of timber products and cladding through the acquisition of Taylor Maxwell, and its competitive edge in various sectors will support potential expansion in the future
- In November 2021, Sika Corporation, a manufacturer of adhesive rainscreen attachment systems, announced a strategic partnership with Omnis Panels as their distributor. This will boost the market presence for the company and strengthen its internal relations.
Asia-Pacific Rainscreen Cladding Market Scope
The Asia-Pacific rainscreen cladding market is segmented on the basis of raw material, system, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Raw Material
- Fiber Cement
- Composite Material
- Metal
- High Pressure Laminates
- Terracotta
- Ceramic and Others
System
- Vented Systems
- Drained and Vented Systems
- Pressure Equalised (Moderated) Systems
Applications
- Residential
- Commercial
- Institutional and Industrial
Asia-Pacific Rainscreen Cladding Market Regional Analysis/Insights
Asia Pacific rainscreen cladding market is analysed and market size insights and trends are provided by country, raw material, system, and applications and price range as referenced above.
The countries covered in the Asia-Pacific Rainscreen Cladding market report are China, South Korea, Australia, India, Japan, Singapore, Malaysia, Thailand, Philippines, Indonesia, and rest of Asia-Pacific.
China is expected to dominate the market due to the increasing adoption of green buildings within the region. Rainscreen cladding systems offer thermal insulation, moisture management, and improved indoor air quality benefits.
South Korea is expected to grow during the forecast period of 2023 to 2030 because of the rise in refurbishment projects and multifamily construction. This growth is driven by the need for efficient and aesthetically appealing building envelope solutions.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Rainscreen Cladding Market Share Analysis
The 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, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Asia-Pacific rainscreen cladding market.
Some of the major players operating in the Asia-Pacific Rainscreen Cladding market are:
- Danpal (Spain)
- Sotech Optima (U.K.)
- Proteus Facades (U.K.)
- Cladding Corp (U.S.)
- CENTRIA (U.S.)
- FunderMax (Austria)
- Middle East Insulation LLC. (U.A.E.)
- Euro Panels Overseas N.V. (Belgium)
- Kingspan Group (Ireland)
- TERREAL (France)
- CAREA Group (France)
- MERSON GROUP (U.K.)
- Avenere Cladding LLC. (U.S.)
- HunterDouglas (Netherlands)
- Architectural Panel Solutions Limited (U.K.)
- Bailey (U.S.)
- ROCKWOOL International A/ S (Denmark)
- Tata Steel (India)
- DuPont (U.S.)
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