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North America Rainscreen Cladding Market - Industry Trends and Forecast to 2030

Chemical and Materials

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North America Rainscreen Cladding Market - Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Upcoming Report
  • Oct 2023
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Rainscreen Cladding Market - Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 3.49 USD Billion
Diagram Market Size (Forecast Year) USD 5.32 USD Billion
Diagram CAGR %

Major Markets Players

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North America Rainscreen Cladding Market, By Construction (New construction, Renovation), Raw Material (Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramic, Others), System (Vented Systems, Drained and Vented Systems, Pressure Equalised (Moderated) Systems), Applications (Residential, Commercial, Institutional and Industrial) - Industry Trends and Forecast to 2030.

North America Rainscreen Cladding Market

North America Rainscreen Cladding Market Analysis and Size  

The demand for rainscreen cladding is on the rise, primarily driven by a growing focus on safeguarding exterior walls in non-residential structures like offices and institutions. Terracotta, with its durability, fire resistance, weatherproof characteristics, and low maintenance costs, is the fastest-growing raw material segment. Furthermore, the market is benefiting from the increasing interest in energy-efficient construction methods, leading to its expansion over the forecasted period.

Data Bridge Market Research analyses that the North America rainscreen cladding market which was USD 3.49 billion in 2022, is expected to USD 5.32 billion by 2030, and is expected to undergo a CAGR of 5.4% during the forecast period of 2023 to 2030. “Renovation” dominates the type segment of the North America rainscreen cladding market due to increased efforts to upgrade and retrofit existing buildings for improved energy efficiency and aesthetics. 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.

North America Rainscreen Cladding Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Pricing in USD, Volume in Units

Segments Covered

Construction (New construction, Renovation), Raw Material (Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramics, Others), System (Vented Systems, Drained and Vented Systems, Pressure Equalised (Moderated) Systems), Applications (Residential, Commercial, Institutional and Industrial)

Countries Covered

U.S., Canada and Mexico

Market Players Covered

Alcoa Corporation (U.S.), Centria International (U.S.), Carea Group (Canada), Dryvit Systems, Inc. (U.S.), Eternit (Canada), Knight Wall Systems (U.S.), Metal Sales Manufacturing Corporation (U.S.), Nichiha USA, Inc. (U.S.), Trespa North America (U.S.), Vitro Architectural Glass (U.S.)

Market Opportunities

  • Technological advancements
  • Increasing sustainable construction

Market Definition

Rainscreen cladding involves the addition of an exterior cladding layer to protect buildings from harsh weather conditions. It creates a smooth and flat surface, making it suitable for various new construction projects. This system enhances the building's facade and ensures long-lasting performance.

North America Rainscreen Cladding Market Dynamics

Drivers

  • Energy Efficiency Focus

The North America rainscreen cladding market is driven by a growing focus on energy-efficient building construction. Rainscreen cladding helps improve insulation and reduce energy consumption, aligning with sustainability goals.

  • Growing Renovation Projects

Renovating existing structures for enhanced aesthetics and energy efficiency fuels demand for rainscreen cladding systems, making them a key driver in the region's construction industry.

Opportunities

  • Increasing Sustainable Construction

Rainscreen cladding supports sustainable construction practices, offering eco-friendly building solutions that are in line with the increasing demand for environmentally conscious projects.

  • Technological Advancements

Ongoing innovation and technological advancements in cladding materials and installation methods provide opportunities for improved performance and aesthetics in rainscreen cladding systems.

Restraints/Challenges

  • Regulatory Compliance

Adherence to varying local building codes and regulations can be a restraint, as different requirements may necessitate customized solutions, potentially increasing costs and complexity in the rainscreen cladding installation process.

  • High Initial Costs

The initial cost of installing rainscreen cladding systems can be relatively high, which may present a challenge for budget-constrained construction projects.

Recent Development

  • In September 2023, Kingspan's AlphaCore Pad is a hydrophobic microporous silica insulation board, offering premium performance with an A2-s1, d0 Euroclass and low thermal conductivity. It contributes to reducing carbon emissions and aligns with Kingspan's sustainability goals

North America Rainscreen Cladding Market Scope

The North America rainscreen cladding market is segmented on the construction, raw material, system and applications. The growth amongst these segments will help you analyze 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.

Construction

  • New Construction
  • Renovation

Raw Material

System

  • Vented Systems
  • Drained and Vented Systems
  • Pressure Equalised (Moderated) Systems

Applications

  • Residential
  • Commercial
  • Institutional
  • Industrial

North America Rainscreen Cladding Market Regional Analysis/Insights

The North America rainscreen cladding market is analyzed and market size insights and trends are provided by construction, raw material, system and applications referenced above.

The countries covered in the North America rainscreen cladding market report are U.S., Canada and Mexico

U.S. dominates the North America rainscreen cladding market due to its significant construction industry, growing demand for energy-efficient building solutions, and large-scale infrastructure projects.

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 down-stream and up-stream 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 North America Rainscreen Cladding Market Share Analysis

The North America 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 company's focus related to North America rainscreen cladding market.

Some of the major players operating in the North America rainscreen cladding market are:

  • Alcoa Corporation (U.S.)
  • Centria International (U.S.)
  • Carea Group (Canada)
  • Dryvit Systems, Inc. (U.S.)
  • Eternit (Canada)
  • Knight Wall Systems (U.S.)
  • Metal Sales Manufacturing Corporation (U.S.)
  • Nichiha USA, Inc. (U.S.)
  • Trespa North America (U.S.)
  • Vitro Architectural Glass (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The North America Rainscreen Cladding Market will be worth USD 5.32 billion by 2030.
The North America Rainscreen Cladding Market growth rate is 5.4% during the forecast period.
Energy Efficiency Focus & Growing Renovation Projects are the growth drivers of the North America Rainscreen Cladding Market.
The construction, raw material, system and applications are the factors on which the North America Rainscreen Cladding Market research is based.
Kingspan's AlphaCore Pad is a hydrophobic microporous silica insulation board, offering premium performance with an A2-s1, d0 Euroclass and low thermal conductivity is the latest development in the North America Rainscreen Cladding Market.
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