The cladding systems provide thermal insulation besides creating an external façade. Cladding also prevents the spreading of fire and also prevents the transmission of sound. Cladding systems can be made from different materials such as brick, concrete, and timber. The rapid rise in construction activities around the globe is driving the growth of the cladding systems market. Modern cladding systems are highly durable and enhance the aesthetic appeal of the buildings.
MARKET DYNAMICS
The cladding systems market is expected to grow in the forecast period owing to driving factors such as an increase in building and construction activities coupled with a rise in infrastructure activities. Besides, the high durability of cladding systems further fuels the growth of the cladding systems market. However, the high costs of raw material and installation may hamper the market growth. On the other hand, robust demand for fiber cement in cladding systems is likely to offer lucrative growth opportunities to the key players of the cladding systems market in the coming years.
MARKET SCOPE
The "Global Cladding Systems Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of cladding systems market with detailed market segmentation by material, application, and geography. The global cladding systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cladding systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cladding systems market is segmented on the basis of material and application. Based on material, the market is segmented as ceramic, wood, metal, fiber cement, brick & stone, vinyl, stucco & EIFS, and others. On the basis of the application, the market is segmented as residential and non-residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cladding systems market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cladding systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting cladding systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the cladding systems market in these regions.
MARKET PLAYERS
The reports cover key developments in the cladding systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from cladding systems market are anticipated to lucrative growth opportunities in the future with the rising demand for cladding systems in the global market. Below mentioned is the list of few companies engaged in the cladding systems market.
The report also includes the profiles of key cladding systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Arconic Inc.
- Cembrit Ireland Ltd.
- Compagnie de Saint Gobain SA
- CSR Limited
- Etex SA/NV
- James Hardie Technology Ltd.
- Kingspan Group
- Louisiana-Pacific Corporation
- Tata Steel Europe Limited
- Westlake Chemical Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.