China Rainscreen Cladding Market Size & Outlook, 2023-2030
China rainscreen cladding market, 2018-2030 (US$M)
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China rainscreen cladding market highlights
- The China rainscreen cladding market generated a revenue of USD 15,000.0 million in 2023 and is expected to reach USD 28,002.9 million by 2030.
- The China market is expected to grow at a CAGR of 9.3% 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 15,000.0 million |
| Market revenue in 2030 | USD 28,002.9 million |
| Growth rate | 9.3% (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, China accounted for 10.4% 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 Asia Pacific, China rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,830.4 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 38.89% in 2023. Horizon Databook has segmented the China 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.
China is expected to witness an increased demand for rainscreen cladding over the forecast period owing to the government emphasis on reducing the overall energy consumption. The implementation of China’s 13th Five-Year Plan (2016-2020) for economic and social development aims to optimize the energy system, promote energy consumption reform, and build a clean, decarbonized, safe, & efficient modern energy system.
This plan is expected to encourage the consumption of energy-efficient products, thereby propelling the demand for rainscreen cladding in order to reduce the energy consumption of buildings by maintaining insulation. However, a slowdown in the economic growth of China is likely to lead to a reduction in the construction activities, thereby restraining rainscreen cladding market growth.
Increasing urbanization and commitments at the national level to conserve energy resources in order to reduce the greenhouse gas emissions are the key factors anticipated to propel the demand for rainscreen cladding in China.
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Our clientele includes a mix of rainscreen cladding market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into China rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China rainscreen cladding market size, by raw material, 2018-2030 (US$M)
China Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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