Global Cladding Market, By Material (Stucco and EIFS, Metal, Fiber Cement, Vinyl, Wood, Ceramic, Brick and Stone, and Others), Application (Roofs, Walls and Others), End User (Residential and Commercial) and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028
The cladding market is expected to witness market growth at a rate of 5.65% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the cladding market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while impacting the market’s growth. The rise in the construction spending and the development of more efficient building technologies is escalating the growth of cladding market.
Cladding is the known to be the procedure of relating one substance over another to make a sheet or skin. Cladding is utilized in architecture to offer thermal insulation, weather resistance, and enhance buildings' design. Cladding may be made of various materials, such as metal, timber, vinyl, stone and composite materials, including wood, aluminium, cement-recycled polystyrene blends, and wheat or rice straw fibres.
Major factors that are expected to boost the growth of the cladding market in the forecast period are the rise in the need for claddings for several end use construction applications. Furthermore, the growing utilization of metal claddings is further anticipated to propel the growth of the cladding market. Moreover, the rise in the construction of offices and corporate buildings is further estimated to cushion the growth of the cladding market. On the other hand, the growing maintenance and installation expenses of cladding material is further projected to impede the growth of the cladding market in the timeline period.
In addition, the cladding system offers high quality of durability by protecting the buildings from intense wind influences will further provide potential opportunities for the growth of the cladding market in the coming years. However, the tensile fabric material utilized in the cladding systems eventually wears out in no time, which might further challenge the growth of the cladding market in the near future.
This cladding market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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, geographical expansions, technological innovations in the market. To gain more info on the 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.
Global Cladding Market Scope and Market Size
The cladding market is segmented on the basis of material, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the cladding market is segmented into stucco and EIFS, metal, fiber cement, vinyl, wood, ceramic, brick and stone, and others.
- On the basis of application, the cladding market is segmented into roofs, walls and others.
- On the basis of end user, the cladding market is segmented into residential and commercial.
Cladding Market Country Level Analysis
The cladding market is analyzed, and market size, volume information is provided by country, material, application and end user as referenced above.
The countries covered in the cladding market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the cladding market due to the advancing countries. Furthermore, the governments are storming up efforts to inspire private participation in infrastructure development plans will further boost the growth of the cladding market in the region during the forecast period. North America is projected to observe a significant amount of growth in the cladding market due to the unemployment rates. Moreover, the rise in the trend of pre-fabricated buildings and mixing of building information modelling (BIM) technology is further anticipated to propel the growth of the cladding market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cladding Market Share Analysis
The cladding market competitive landscape provides details by a 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 the claddings market.
The major players covered in the cladding market report are Compagnie de Saint-Gobain., DuPont, Tata Steel, Arconic, Westlake Chemical Corporation, Carea Community Health Centre, Al Ghurair Group, GB ARCHITECTURAL CLADDING PRODUCTS LTD, Etex Group, James Hardie Industries plc, CSR Limited, Euramax, NICHIHA, Boral, Cembrit and Louisiana Pacific Corporation, Kingspan Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.