Latin America Rainscreen Cladding Market Size & Outlook
Latin America rainscreen cladding market, 2018-2030 (US$M)
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Latin America rainscreen cladding market highlights
- The Latin America rainscreen cladding market generated a revenue of USD 10,428.4 million in 2023.
- The market is expected to grow at a CAGR of 7.3% 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.
- Country-wise, Colombia is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 10,428.4 million |
| Market revenue in 2030 | USD 17,091.6 million |
| Growth rate | 7.3% (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, Latin America region accounted for 7.2% 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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Latin America 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 29.35% in 2023. Horizon Databook has segmented the Latin America 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 construction industry in Central & South America is expected to witness substantial growth on account of the increasing investments in various infrastructure projects by foreign and domestic private players in the region. The economies contributing significantly to the regional growth include Argentina, Brazil, Chile, Colombia, and Peru.
The robust economic growth in the region coupled with a strong private investment which is supported by the favorable risk profile of the country is expected to enable its dominance in the region in construction industry over the projected period. In addition, the sluggish growth in Brazil’s construction sector coupled with a weak currency outlook is anticipated to result in decline in the country’s market share in the region.
The growth in construction industry in the region is attributed to private capital infrastructure developments due to public private partnerships coupled with increasing per capita income in the region. The industrial sector in Central & South America is anticipated to witness substantial growth on account of the rising GDP in the region.
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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 Latin America rainscreen cladding market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America rainscreen cladding market size, by country, 2018-2030 (US$M)
Latin America Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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