The global report titled “Rainscreen Cladding Market” has been presented by ReportsnReports. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market.
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The Rainscreen Cladding Market is projected to grow from USD 10.1 Billion in 2019 to USD 14.3 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.1% from 2019 to 2024. This report spread across 134 Pages, Profiling 8 Companies and Supported with 147 Tables and 32 figures are now available in this research.
Top Key Players Profiled in the Rainscreen Cladding Market:
- Kingspan Insulation (UK)
- SIKA (Switzerland)
- Rockwool International A/S (Denmark)
- Everest Industries Limited (Denmark)
- SFS Group AG (US)
- Sotech Architectural Façade(UK)
- Promat UK Ltd (UK)
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The new construction segment of the rainscreen cladding market is projected to grow at the highest CAGR during the forecast period, in terms of value as well as volume. It is a durable, flexible and waterproof cladding material in the market. It includes an extruded polymer-based core layer which provides a better rigid property to the floor.
Growth of composite material segment in the rainscreen cladding market is primarily attributed to the high strength, increased durability, and design flexibility. It accounted for a market share of 53.4% among all the materials used for rainscreen cladding due to its low cost and easy installation techniques.
Breakdown of primary participants’ profile:
- By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
- By Designation: C-Level: 25%, D-Level: 35%, and Others:40%
- By Region: North America: 20%, Europe: 30%, Asia Pacific: 35%, Middle East & Africa: 10%, and South America: 5%
Competitive Landscape of Rainscreen Cladding Market:
2 Competitive Scenario
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