Market revenue in 2023 | USD 41,961.7 million |
Market revenue in 2030 | USD 67,271.1 million |
Growth rate | 7% (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 |
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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 36.32% in 2023. Horizon Databook has segmented the North 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 demand outlook for the North America is favorable, with private investments in industrial sector reaching the highest levels in 2017. U.S. dominates the rainscreen cladding market in North America in terms of consumption, owing to the increased demand from residential sector, extensively developed manufacturing industry, and government initiatives to develop social infrastructure. Thereby, is leading consumer for panels.
The U.S. dominates North America rainscreen cladding market, in terms of consumption, owing to the increased demand from residential sector, extensively developed manufacturing industry, and government initiatives to develop social infrastructure. In addition, rising awareness regarding the benefits of weather protection of building structure is expected to benefit the market growth.
The North American economy is characterized by high diversity owing to the presence of major developed economies such as the U.S. and Canada. Construction industry in North America is witnessing a moderate growth owing to the reduced investments. These factors have further resulted in reduction in the amount of investment in non-residential sector.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America rainscreen cladding market , including forecasts for subscribers. This continent databook contains high-level insights into North America rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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