Singapore Rainscreen Cladding Market Size & Outlook
Singapore rainscreen cladding market, 2018-2030 (US$M)
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Singapore rainscreen cladding market highlights
- The Singapore rainscreen cladding market generated a revenue of USD 1,285.0 million in 2023 and is expected to reach USD 2,290.8 million by 2030.
- The Singapore market is expected to grow at a CAGR of 8.6% 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 1,285.0 million |
| Market revenue in 2030 | USD 2,290.8 million |
| Growth rate | 8.6% (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, Singapore accounted for 0.9% 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 Asia Pacific, China rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,830.4 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Singapore 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 39.57% in 2023. Horizon Databook has segmented the Singapore 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 value in Singapore shrunk down in 2017 due to subdued performance in private construction sector, less favorable economic conditions, and oversupply of private housing projects.
However, building & construction industry in Singapore is expected to exhibit a steady growth over the forecast period, driven by government spending on infrastructure and a rise in the average demand from housing sector. Over 60% of the overall demand is expected to be driven mainly by public infrastructure.
The persistent weakness in construction activities in the private sector has contracted the growth of construction industry in Singapore. However, the economy’s budget has presented public sector projects worth about USD 700 million, which is expected to boost construction sector over the next seven years. These factors are further expected to propel the demand for rainscreen cladding over the forecast period.
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Our clientele includes a mix of rainscreen cladding market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Singapore rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore rainscreen cladding market size, by raw material, 2018-2030 (US$M)
Singapore Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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