Asia Pacific Rainscreen Cladding Market Size & Outlook
Asia Pacific rainscreen cladding market, 2018-2030 (US$M)
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Asia Pacific rainscreen cladding market highlights
- The Asia Pacific rainscreen cladding market generated a revenue of USD 39,706.3 million in 2023.
- The market is expected to grow at a CAGR of 8.4% 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.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 39,706.3 million |
| Market revenue in 2030 | USD 69,674.7 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Terracotta |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 27.5% of the global rainscreen cladding market in 2023.
- 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 69,674.7 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 39.22% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific rainscreen 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.
Among the major economies in this 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 rainscreen cladding market in Asia Pacific.
A fast growth observed by the frontier markets in Southeast Asia is anticipated to balance the slowdown in China. The use of rainscreen cladding for enhancing aesthetic appeal is one of the primary factors driving the market in Asia Pacific. However, COVID-19 pandemic in the region has severely impacted the construction market and thus is likely to hamper the Rainscreen Cladding demand.
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Our clientele includes a mix of rainscreen 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 rainscreen cladding market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific rainscreen cladding market size, by country, 2018-2030 (US$M)
Asia Pacific Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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