UK Rainscreen Cladding Market Size & Outlook, 2023-2030
UK rainscreen cladding market, 2018-2030 (US$M)
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UK rainscreen cladding market highlights
- The UK rainscreen cladding market generated a revenue of USD 5,650.9 million in 2023 and is expected to reach USD 8,491.7 million by 2030.
- The UK market is expected to grow at a CAGR of 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 5,650.9 million |
| Market revenue in 2030 | USD 8,491.7 million |
| Growth rate | 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, UK accounted for 3.9% 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 Europe, Germany rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 1,606.0 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 32.13% in 2023. Horizon Databook has segmented the UK 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.
Rainscreen cladding market in the UK is expected to be driven by a strong growth in construction and refurbishment activities in key sectors such as housing, offices, educational institutes, hotels & restaurants, resorts, transport buildings, and online retail warehousing. However, weakened commercial and industrial activities in the country coupled with uncertainty in the industrial sector due to Brexit may lead to a moderate product demand over the forecast period.
The government of UK has established various energy-efficiency legislation and initiatives, such as Energy Company Obligation (ECO), in order to reduce the overall carbon emission, which, in turn, is projected to propel the demand for rainscreen cladding.
Rising awareness regarding the ability of rainscreen cladding to increase the energy efficiency of a structure is anticipated to boost the product demand over the forecast period. Changing climatic conditions and a rise in the rate of rainfall in the country are factors expected to drive rainscreen cladding market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into UK rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK rainscreen cladding market size, by raw material, 2018-2030 (US$M)
UK Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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