Denmark Rainscreen Cladding Market Size & Outlook
Denmark rainscreen cladding market, 2018-2030 (US$M)
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Denmark rainscreen cladding market highlights
- The Denmark rainscreen cladding market generated a revenue of USD 910.7 million in 2023 and is expected to reach USD 1,324.6 million by 2030.
- The Denmark market is expected to grow at a CAGR of 5.5% 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 910.7 million |
| Market revenue in 2030 | USD 1,324.6 million |
| Growth rate | 5.5% (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, Denmark accounted for 0.6% 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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Denmark 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 36.92% in 2023. Horizon Databook has segmented the Denmark 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 Danish economy exhibits a phase of stable recovery, which has an upward effect on the demand for housing. The positive outlook of economic growth in Denmark is anticipated to drive new constructions as well as refurbishment activities in residential sector.
Ascending demand in rental market is further expected to boost the demand. Expanding economy is projected to boost the growth of residential sector, consequently propelling the product demand over the forecast period.
A wide range of public projects such as the construction & renovation of hospitals throughout the country and development of the metro system dominate building & construction industry in Denmark. Developments in transportation sector and other utilities are anticipated to boost the growth of housing construction activities, which, in turn, is anticipated to positively influence the product demand over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Denmark rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark rainscreen cladding market size, by raw material, 2018-2030 (US$M)
Denmark Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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