Lucintel Forecasts Rainscreen Cladding Market to Grow at a CAGR of 6%-8% from 2020 to 2025

According to the recent study the rainscreen cladding market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by high growth of the construction industry across the globe, remodeling & maintenance activities, its high durability, and ability to enhance the aesthetic appearance.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in rainscreen cladding market by material (composite materials, metal, fiber cement, HPL), construction (new construction and renovation), end-use (non-residential and residential), and regon (North America, Europe, Asia Pacific, and Rest of the World).

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“New construction market is expected to remain the largest segment during the forecast period.”

Based on construction, the rainscreen cladding market is segmented into new construction and renovation. Lucintel forecasts that the new construction market is expected to remain the largest segment due to the durable, flexible, waterproof, and includes an extruded polymer-based core layer which provides a better rigid property to the floor, easy installation, and smooth finished appearance after the installation.

“Within the rainscreen cladding market, the composite materials segment is expected to remain the largest material.”

Based on material the composite materials segment is expected to witness the highest growth over the forecast period due to the because of their low cost and easy installation techniques.

“Europe will dominate the rainscreen cladding market in near future.”

Europe will remain the largest region over the forecast period due to the tremendous growth of the construction opportunities in the European countries and the increasing number of new housing units and huge investments in the infrastructural sector.

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Major players of rainscreen cladding market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Kingspan Insulation, SIKA, Rockwool, Everest Industries, SFS, Sotech Architectural Façade, Promat. are among the major rainscreen cladding providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/rainscreen-cladding-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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