Mexico Rainscreen Cladding Market Size & Outlook
Mexico rainscreen cladding market, 2018-2030 (US$M)
Related Markets
Mexico rainscreen cladding market highlights
- The Mexico rainscreen cladding market generated a revenue of USD 777.3 million in 2023 and is expected to reach USD 1,138.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.6% 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 777.3 million |
| Market revenue in 2030 | USD 1,138.4 million |
| Growth rate | 5.6% (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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.5% 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 Latin America, Brazil rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 2,622.0 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 31.53% in 2023. Horizon Databook has segmented the Mexico 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 Federal Government attributes the rising construction and building industry to the infrastructure and development programs. In addition, the construction sector is expected to witness variable growth on account of the internal and external factors such as declining international oil prices and global economic conditions.
The National Infrastructure Program (PNI) was initiated by the Mexican government under the National Development Plan to boost the infrastructural growth in the country as a strategic move to increase productivity and improve the competitive market of construction industry.
PNI is anticipated to reduce the regional differences across the country and increase the overall standard of living in Mexico, resulting in augmenting the demand for rainscreen cladding in the residential sector.
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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 Mexico rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Mexico rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico rainscreen cladding market size, by raw material, 2018-2030 (US$M)
Mexico Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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