Oman Rainscreen Cladding Market Size & Outlook, 2023-2030
Oman rainscreen cladding market, 2018-2030 (US$M)
Related Markets
Oman rainscreen cladding market highlights
- The Oman rainscreen cladding market generated a revenue of USD 730.8 million in 2023 and is expected to reach USD 1,341.2 million by 2030.
- The Oman market is expected to grow at a CAGR of 9.1% 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 730.8 million |
| Market revenue in 2030 | USD 1,341.2 million |
| Growth rate | 9.1% (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, Oman 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 Middle East & Africa, Saudi Arabia rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- Oman is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,341.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Oman 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 36.32% in 2023. Horizon Databook has segmented the Oman 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.
Oman is anticipated to witness modest growth in demand for rainscreen cladding, owing to the robust performance of construction industry. The market is expected to outpace Middle East & North Africa rainscreen cladding market over the forecast period, owing to the high growth in construction sector.
Despite investment cuts in infrastructure and economic slowdown due to lower oil prices, Oman’s construction sector is expected grow at a sustainable rate, owing to high per capita income, low labor costs, and government diversification efforts, which will have a positive impact on market demand over the forecast period.
The government of Oman is emphasizing on investments in construction projects spanning aviation, logistics, shipping, and infrastructure. In June 2018, Oman Tourism Development Company and Majid Al Futtaim entered into a joint venture to establish a mega-scale urban development project, worth USD 13 billion, which aims to create a new urban center in Muscat, with 11,000 residential units.
Reasons to subscribe to Oman rainscreen cladding market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Oman rainscreen cladding market databook
-
Our clientele includes a mix of rainscreen cladding market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Oman rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Oman rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Oman rainscreen cladding market size, by raw material, 2018-2030 (US$M)
Oman Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
