Argentina Rainscreen Cladding Market Size & Outlook
Argentina rainscreen cladding market, 2018-2030 (US$M)
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Argentina rainscreen cladding market highlights
- The Argentina rainscreen cladding market generated a revenue of USD 1,013.0 million in 2023 and is expected to reach USD 1,542.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, terracotta was the largest revenue generating raw material in 2023.
- Metal is the most lucrative raw material segment registering the fastest growth during the forecast period.
Rainscreen cladding market data book summary
| Market revenue in 2023 | USD 1,013.0 million |
| Market revenue in 2030 | USD 1,542.7 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Terracotta |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramic, Other Raw Materials |
| Key market players worldwide | Kingspan Group PLC, Compagnie de Saint-Gobain SA, Rockwool AS Class B, Fundermax, Nucor Corp, Dow Building Solutions, CAREA, CGL Systems, EcoEarth solutions, OmniMax International, Middle East Insulation |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global rainscreen cladding market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 2,622.0 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina rainscreen 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 rainscreen cladding market will help companies and investors design strategic landscapes.
Terracotta was the largest segment with a revenue share of 34.84% in 2023. Horizon Databook has segmented the Argentina rainscreen cladding market based on fiber cement, composite material, metal, high pressure laminates, terracotta, ceramic, other raw materials covering the revenue growth of each sub-segment from 2018 to 2030.
The construction sector in Argentina witnessed a diminishing growth over the past few years on account of the high inflation, currency deflation, and depressed business environment. This resulted in the reduction of private and public sector investments in the construction industry, thereby impacting the sector growth negatively.
The improving economic conditions in the country is expected to support the growth in the construction industry over the forecast period, with improvements in investment and business confidence. The country’s population is expected to reach 9.2 billion by 2050 owing to the rising stand of living which has resulted in higher life expectancy, thereby driving the construction sector demand.
The residential sector in Argentina is expected to witness a sluggish growth on account of high inflation causing a rise in the land prices and construction cost. In addition, the commercial office market is witnessing a similar decline owing to the reducing business activities in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Argentina rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina rainscreen cladding market size, by raw material, 2018-2030 (US$M)
Argentina Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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