Belgium Rainscreen Cladding Market Size & Outlook
Belgium rainscreen cladding market, 2018-2030 (US$M)
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Belgium rainscreen cladding market highlights
- The Belgium rainscreen cladding market generated a revenue of USD 1,371.7 million in 2023 and is expected to reach USD 1,962.6 million by 2030.
- The Belgium market is expected to grow at a CAGR of 5.3% 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 1,371.7 million |
| Market revenue in 2030 | USD 1,962.6 million |
| Growth rate | 5.3% (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, Belgium accounted for 0.9% 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 Europe, Germany rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 1,606.0 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Belgium 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 34.08% in 2023. Horizon Databook has segmented the Belgium 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.
After a steep decline in 2013, the Belgian construction industry continued its rebound in 2017 and is expected to exhibit a positive outlook over the forecast period. Residential construction sector is anticipated to benefit from an increased demand and low interest rates, which, in turn, is likely to have a positive impact on the growth of rainscreen cladding market.
Rising requirements for energy-efficiency in construction sector are also anticipated to propel the product demand. Rising consumer preference for flats or apartments over single-family housing, owing to demographic developments and lack of space, is projected to propel the demand for housing complexes over the forecast period.
Belgium housing sector is relatively stable in nature and exhibits a steady growth owing to the availability of mortgage credit, low level of household debt, and affordable housing prices. A demandsupply gap in affordable housing is expected to boost residential construction activities over the forecast period.
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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 country-level data and insights on the Belgium rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Belgium rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Belgium rainscreen cladding market size, by raw material, 2018-2030 (US$M)
Belgium Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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