Market revenue in 2023 | USD 33,799.6 million |
Market revenue in 2030 | USD 53,828.8 million |
Growth rate | 6.9% (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 |
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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 36.12% in 2023. Horizon Databook has segmented the U.S. 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 U.S. rainscreen cladding market is expected to witness sustainable growth over the forecast period owing to the growth in construction sector in the country. Increased demand for energy-efficient construction solutions is one of the primary factors driving the market growth.
In addition, increased incidents of natural calamities, including hurricanes and wildfire, hitting different parts of the U.S. is anticipated to have a positive effect on construction sector in the country, thereby driving the demand for rainscreen cladding over the forecast period.
Increasing awareness regarding the sustainable construction is expected to boost the demand for rainscreen cladding over the forecast period. The product aids in increasing the energy efficiency of a structure, leading to decrease in energy requirement for heating, ventilation, and air conditioning.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into U.S. rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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