Cladding Systems Market - Forecast (2022 - 2027)
The global cladding market is witnessing a huge growth due to increased construction projects - both residential and non-residential buildings. Since, the Grenfell Tower fire incident where exterior claddings lead to the aggressive spread of fire, authorities have been quick to charter safety and health regulations. Moreover, rising concerns about the fire-safety of claddings and its health effects on the inhabitants of the building has lead to the development of new cladding materials in compliance with regulations. Along with safety, customers are seeking energy efficient claddings to reduce energy costs giving rise to large potential growth opportunities in the market.
What are Cladding Systems
Cladding refers to the addition of certain components attached to the basic structure of a building, usually made from metal, vinyl, composite materials, bricks, wood and other materials. The function of cladding could be to provide thermal and sound insulation between the interior and exterior, or for aesthetic purposes, and most importantly, shield the interior from external weather conditions.
Market Research and Market Trends of Cladding Systems Market
The need to develop robust, light-weight and energy efficient cladding solutions which are compliant with various regulations became even more vital after the Grenfell tower fire incident. Claddings are becoming increasingly regulated globally, due to growing safety concerns over it being fire-proof.
Kinetic facades, also known as dynamic facades are the trending innovations in the cladding systems market. The structural design is made to be responsive to external weather conditions for energy efficiency, extract solar energy or for beautification.
Introduction of weathering steel, trademarked COR-TEN steel, which doesn’t require to be painted or be applied with corrosion resistant coatings, has led to reduction in maintenance costs.
The key players in the manufacturing of various claddings are Tata Steel Limited, ArcelorMittal S.A., Alcoa Inc., Etex Group and Compagnie de Saint Gobain SA
What is our report scope
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Cladding refers to the addition of certain components attached to the basic structure of a building, usually made from metal, vinyl, composite materials, bricks, wood and other materials. The function of cladding could be to provide thermal and sound insulation between the interior and exterior, or for aesthetic purposes, and most importantly, shield the interior from external weather conditions.
Market Research and Market Trends of Cladding Systems Market
The need to develop robust, light-weight and energy efficient cladding solutions which are compliant with various regulations became even more vital after the Grenfell tower fire incident. Claddings are becoming increasingly regulated globally, due to growing safety concerns over it being fire-proof.
Kinetic facades, also known as dynamic facades are the trending innovations in the cladding systems market. The structural design is made to be responsive to external weather conditions for energy efficiency, extract solar energy or for beautification.
Introduction of weathering steel, trademarked COR-TEN steel, which doesn’t require to be painted or be applied with corrosion resistant coatings, has led to reduction in maintenance costs.
Who are the Major Players in Cladding Systems Market
The key players in the manufacturing of various claddings are Tata Steel Limited, ArcelorMittal S.A., Alcoa Inc., Etex Group and Compagnie de Saint Gobain SA
What is our report scope
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
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