Asia Pacific Cladding Market Size & Outlook, 2021-2030
Asia Pacific cladding market, 2018-2030 (US$M)
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Asia Pacific cladding market highlights
- The Asia Pacific cladding market generated a revenue of USD 71,495.1 million in 2021.
- The market is expected to grow at a CAGR of 8% from 2022 to 2030.
- In terms of segment, terracotta was the largest revenue generating product in 2021.
- Terracotta is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 71,495.1 million |
| Market revenue in 2030 | USD 142,446.1 million |
| Growth rate | 8% (CAGR from 2021 to 2030) |
| Largest segment | Terracotta |
| Fastest growing segment | Terracotta |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Aluminum, Composite Material, Fiber Cement, Terracotta, Ceramic |
| Key market players worldwide | Kingspan Group PLC, Imax Corp, SFS Group AG, Nucor Corp, HAL Trust, Carea Facade, Architectural Cladding Australia, Riegler Riewe Architects, CGL Systems, Cladding Corp, Middle East Insulation, Shildan Group, Avenere Cladding |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.0% of the global cladding market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 142,446.1 million by 2030.
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Cladding Market Scope
Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific cladding market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cladding market will help companies and investors design strategic landscapes.
Terracotta was the largest segment with a revenue share of 38.94% in 2021. Horizon Databook has segmented the Asia Pacific cladding market based on steel, aluminum, composite material, fiber cement, terracotta, ceramic covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific cladding market is expected to exhibit the fastest growth over the forecast period owing to the massive potential of the construction industry in the region. Construction industry in Asia Pacific is expected to outperform on account of rising per capita income, rapid urbanization, and growing population.
Economies in the region are anticipated to flourish over the forecast period on account of massive investments by various governments for the development of public infrastructure and the expansion of residential construction sector, which is expected to benefit the cladding market in Asia Pacific.
The enforcement of green building codes by various governments in the region is further anticipated to aid the market growth over the forecast period. Asia Pacific is generally characterized by high temperature and extreme climatic conditions, which is anticipated to propel the product demand for the exterior protection of structures.
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Our clientele includes a mix of cladding market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cladding market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cladding market size, by country, 2018-2030 (US$M)
Asia Pacific Cladding Market Outlook Share, 2021 & 2030 (US$M)
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