Market revenue in 2023 | USD 11,159.0 million |
Market revenue in 2030 | USD 17,497.1 million |
Growth rate | 6.6% (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 |
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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 32.02% in 2023. Horizon Databook has segmented the Germany 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.
Construction industry in Germany experienced a moderate growth until 2018 owing to the economic slowdown due to the Eurozone crisis, which resulted in poor investor confidence and a decline in construction activities in the country.
As a result, rainscreen cladding market in Germany also experienced a major setback. However, the market is expected to witness a moderate growth in the coming years with the gradual economic recovery and improved business confidence.
The market is anticipated to witness a moderate growth over the forecast period owing to the significant product demand from residential sector in Germany. Residential construction is presumed to observe a strong growth fueled by rising per capita income, low interest rates, and rising number of immigrants.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Germany rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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