Rainscreen Cladding Market By Material (Composite Materials, Metal, Fibre Cement, High Pressure Laminate, and Others), By Construction (New Construction and Renovation), By End-Use Sector (Non-residential and Residential), and By Region – Global Opportunities & Forecast, 2020-2027
Rainscreen cladding is an exterior cladding infrastructure of water-shedding material that is placed on the outside of buildings. They are composed of two different layers separated by a ventilated air cavity that allows any moisture that passes through the outer layer to drain to the exterior of the building. The outer layer is designed to shed water, while the inner layer serves multiple functions such as a building’s structural wall, insulation, and an extra weather barrier. The cladding panels of the rainscreen cladding system can be made from different materials such as aluminum, zinc, copper, and stainless steel. The rainscreen cladding offers various benefits to the building structures that includes preventing the risk of cracks, improves the durability of the exterior cladding material, and removes the possible water filtrations that can slip through the cladding joints and other structural issues.
To have an edge over the competition by knowing the market dynamics and current trends of “Rainscreen Cladding Market,” request for Sample Report here
Rise in the construction of residential and non-residential buildings, renovation, remodeling, and maintenance activities is one of the primary factors driving the growth of the global rainscreen cladding market. Various beneficial properties, including high durability, weather resistance, improved thermal and acoustic insulation, and the ability to enhance the aesthetic appearance to infrastructures, will drive the demand for rainscreen cladding. Rainscreen cladding helps in reducing hot and cold air and thermal movement through the wall, which avoids overheating during summer and helps to maintain a warm and steady interior temperature during winter. This unique feature of rainscreen cladding is encouraging consumers to opt for these cladding solutions.
Rainscreen cladding is relatively lightweight as compared to conventional masonry builds and helps in keeping the building structure dry, which in turn reduces the maintenance cost. It is extensively used in the construction of commercial spaces, including shopping malls, hospitals, warehouses, schools, and other buildings. However, the high cost of raw material and limited awareness regarding the benefits of rainscreen cladding in developing countries are some of the factors restraining market growth. The strict lockdown due to the outbreak of COVID 19 and general containment measures imposed to delay its spread is expected to have a significant impact on the construction sector, thereby hampering the growth of the rainscreen cladding market during the forecast period.
Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report
Based on the material, the market is segmented into composite materials, metal, fibre cement, high pressure laminate, and others. The composite materials segment is anticipated to lead the rainscreen cladding market owing to their design flexibility, increased durability, low cost, easy installation, and maintenance. The increasing demand for composite materials in residential as well as non-residential buildings, coupled with the availability of various composite materials including aluminum, copper, and zinc, among other composite material are propelling the growth of the market. On the other hand, the high pressure laminate (HPL) segment is projected to grow at a faster CAGR during the forecast period. This is primarily due to its remarkable features such as high weather resistance, high scratch resistance, high mechanical strength, and light weight facade system, among other properties. Additionally, HPL is highly used in industries, schools, hospitals, trade centers, advertising boards, and balconies owing to their wide range of availability in exciting decorative finishes.
Based on construction, the market is segmented into new construction and renovation. The new construction segment of the rainscreen cladding market is projected to grow at a higher CAGR during the forecast period. This can be attributed to the increasing awareness of the protection and preservation of buildings, shielding them from the rain, ensuring their structural viability, and extending their productive life. Additionally, the growing global construction industry that includes commercial, as well as residential buildings is a major growth factor for the market during the forecast period.
Based on end-use sector, the market is segmented into non-residential and residential. The non- residential segment is expected to dominate the rainscreen cladding market during the forecast period. The increasing construction of non-residential buildings, including industrial plants, corporate offices, malls, shopping complexes, theatres, hospitals, educational institutes, research centers, and other institutional facilities and the growing demand to build energy efficient buildings globally are the factors driving the growth of the market. The residential end-use sector is anticipated to witness high growth during the forecast period. This is due to several benefits provided by the rainscreen cladding system that includes durability, comfort, and protection from extreme weathering.
In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here
Based on the region, Europe is expected to lead the rainscreen cladding market over the forecast period. This is attributed to the growing infrastructure sector that includes the building of new housing units, commercial spaces, and industries, non-residential renovations in countries including Hungary, the Czech Republic, Poland, the Netherlands, France, Germany, Italy, and Spain. On the other hand, the Asia-Pacific region is anticipated grow at higher CAGR during the forecast period due to the growing population, the rise in per capita disposable incomes as well as the increasing construction sector in the developing countries including China, India, Sri Lanka, and Indonesia. In addition to this, the increasing adoption of advanced technology, along with the strong demand for enhanced building envelop system in the infrastructure sector for the protection and durability of buildings are further supporting the growth of the market in the region.
Various notable players operating in the global rainscreen cladding market include SIKA AG, Everest Industries Limited, Kingspan Group Plc, Sotech Optima Company, Rockwool International A/S, SFS Group AG, Promat UK Ltd., Fundermax, BTS Fabrications, and Merson Group, among others.
Key Developments:
-
- In 2020, Kingspan Group Plc launched two rock mineral fiber insulation products, namely, K-Roc Rainscreen Slab and K-Roc Rainscreen Slab HD. They provide an effective solution for rainscreen applications on buildings, including buildings above 18 meters in England and Wales and certain building types and heights in Scotland. These products help in improving the overall airtightness of external walls and the appearance of buildings during construction. These product launches will help in enhancing the product portfolio of the company.
- In 2020, Sika AG acquired Modern Waterproofing Group, one of the leading manufacturers of roofing and waterproofing systems in Egypt. The acquisition of supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market. This acquisition will help in extending Sika AG product offerings, including roofing, waterproofing, and building envelope systems in Egypt.
- In 2019, Sika AG acquired Adeplast SA, a producer of a wide range of building mortars and thermal insulation (EPS) for building envelope solutions. Sika AG will strengthen its product portfolio for the building finishing and building envelope solutions and also get access to the large, well-established network of distributors of Adeplast SA in Romania.
The global Rainscreen Cladding market has been segmented on the basis of material, construction, end-use sector, and region. Based on the material, the market is segmented into composite materials, metal, fibre cement, high pressure laminate, and others. Based on construction, the market is segmented into new construction and renovation. Based on end-use sector, the market is segmented into non-residential and residential.
For detailed scope of the “Rainscreen Cladding Market” report request a Sample Copy of the report
Key questions answered in this research report:
-
- At what pace is global Rainscreen Cladding market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in Rainscreen Cladding market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Rainscreen Cladding market?
- Which material generated maximum revenues in 2019 and identify the most promising type during the forecast period?
- What are the various end-use sectors of global Rainscreen Cladding market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2019 |
Market Forecast Period |
2020-2027 |
Market Revenues Currency |
USD Million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Material, By Construction, By End-Use Sector, and By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | SIKA AG, Everest Industries Limited, Kingspan Group Plc, Sotech Optima Company, Rockwool International A/S, SFS Group AG, Promat UK Ltd., Fundermax, BTS Fabrications, and Merson Group among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Rainscreen Cladding Market by Material
-
- Composite Materials
- Metal
- Fibre Cement
- High Pressure Laminate
- Others
Global Rainscreen Cladding Market by Construction
-
- New construction
- Renovation
Global Rainscreen Cladding Market by End-Use Sector
-
- Residential
- Non-residential
Global Rainscreen Cladding Market by Region
-
- North America Rainscreen Cladding Market (Option 1: As a part of the free 25% customization)
- North America Rainscreen Cladding Market by Material
- North America Rainscreen Cladding Market by Construction
- North America Rainscreen Cladding Market by End-Use Sector
- US Rainscreen Cladding Market All-Up
- Canada Rainscreen Cladding Market All-Up
- Europe Rainscreen Cladding Market (Option 2: As a part of the free 25% customization)
- Europe Rainscreen Cladding Market by Material
- Europe Rainscreen Cladding Market by Construction
- Europe Rainscreen Cladding Market by End-Use Sector
- UK Rainscreen Cladding Market All-Up
- Germany Rainscreen Cladding Market All-Up
- France Rainscreen Cladding Market All-Up
- Spain Rainscreen Cladding Market All-Up
- Rest of Europe Rainscreen Cladding Market All-Up
- Asia-Pacific Rainscreen Cladding Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Rainscreen Cladding Market by Material
- Asia-Pacific Rainscreen Cladding Market by Construction
- Asia-Pacific Rainscreen Cladding Market by End-Use Sector
- China Rainscreen Cladding Market All-Up
- India Rainscreen Cladding Market All-Up
- Japan Rainscreen Cladding Market All-Up
- Rest of APAC Rainscreen Cladding Market All-Up
- RoW Rainscreen Cladding Market (Option 4: As a part of the free 25% customization)
- RoW Rainscreen Cladding Market by Material
- RoW Rainscreen Cladding Market by Construction
- RoW Rainscreen Cladding Market by End-Use Sector
- Brazil Rainscreen Cladding Market All-Up
- South Africa Rainscreen Cladding Market All-Up
- Saudi Arabia Rainscreen Cladding Market All-Up
- UAE Rainscreen Cladding Market All-Up
- Rest of world (remaining countries of the LAMEA region) Rainscreen Cladding Market All-Up
- North America Rainscreen Cladding Market (Option 1: As a part of the free 25% customization)
Global Rainscreen Cladding Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
-
- SIKA AG
- Everest Industries Limited
- Kingspan Group Plc
- Sotech Optima Company
- Rockwool International A/S
- SFS Group AG
- Promat UK Ltd
- Fundermax.
- BTS Fabrications
- Merson Group
- Published Date: Oct-2020
- Report Format: Excel/PPT
- Report Code: UP966A-00-0620
Licensing Options
Single-User License:
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Rainscreen Cladding Market By Material (Composite Materials, Metal, Fibre Cement, High Pressure Laminate, and Others), By Construction (New Construction and Renovation), By End-Use Sector (Non-residential and Residential), and By Region – Global Opportunities & Forecast, 2020-2027
$ 4,499.00 – $ 6,649.00