Cladding Systems Market To Surpass US$ 311.18 Billion By 2027
The global cladding systems market is expected to surpass US$ 311.18 Billion by 2027, exhibiting a CAGR of 5.0% during the forecast period (2020-2027). The growth of the cladding systems market is expected to be driven by the higher durability provided by cladding systems. The cladding systems are made up of bricks, metals, composite materials, cement, and aluminum, which provide enhanced strength to the building structure, coupled with enhanced features such as noise control, and temperature resistance. Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/cladding-systems-market-695
The global cladding systems market is expected to surpass US$ 311.18 Billion by 2027, exhibiting a CAGR of 5.0% during the forecast period (2020-2027). The growth of the cladding systems market is expected to be driven by the higher durability provided by cladding systems. The cladding systems are made up of bricks, metals, composite materials, cement, and aluminum, which provide enhanced strength to the building structure, coupled with enhanced features such as noise control, and temperature resistance.
Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/cladding-systems-market-695
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<strong>Market</strong> Size (2019)<br />
<strong>US$</strong> 233.61 BN<br />
CAGR (2020 -<br />
<strong>2027</strong>)<br />
5.0%<br />
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Segmentation (Scope)<br />
<strong>By</strong> Material <strong>By</strong> Application <strong>By</strong> End-Use<br />
<br />
Steel<br />
<br />
Terracotta<br />
<br />
Walls<br />
<br />
Residential Buildings<br />
<br />
Aluminum<br />
<br />
Fiber Cement<br />
<br />
Roofs<br />
<br />
Non-Residential Buildings<br />
<br />
<br />
Zinc<br />
Copper<br />
<br />
<br />
Natural Stones<br />
Others<br />
<br />
Others<br />
(Doors, Windows, etc.)<br />
<br />
<br />
Industrial Buildings<br />
Commercial Building<br />
<br />
Plastic Panels<br />
<br />
Stucco & EIFS<br />
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Major<br />
Drivers<br />
Growing infrastructure and<br />
construction sectors<br />
Higher durability of cladding<br />
systems<br />
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NORTH<br />
AMERICA<br />
<strong>Market</strong> Size<br />
<strong>US$</strong> 59.64 BN<br />
<br />
CAGR<br />
5.7%<br />
Major Driver<br />
Rising demand for energy-efficient buildings<br />
Major Drivers<br />
<br />
<br />
ASIA<br />
PACIFIC<br />
<strong>Market</strong> Size<br />
<strong>US$</strong> 99.55 BN<br />
CAGR<br />
4.9%<br />
Rapid urbanization driving demand for cladding systems<br />
Gevernment initiatives and policies for growth of the<br />
real estate market<br />
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‣ Arconic Corporation<br />
‣ Greenlam Industries Ltd.<br />
‣ Boral Limited<br />
‣ Cold Steel Corporation<br />
Major<br />
Players<br />
‣ CSR Limited<br />
‣ Compagnie de Saint-Gobain S.A.<br />
‣ Etex Group<br />
‣ Kajaria Ceramics Limited<br />
‣ DuPont<br />
‣ Hindalco Industries Limited<br />
‣ Nichiha Corporation<br />
‣ Tata Steel Limited<br />
‣ Glittek Granites<br />
‣ Glen-Gery Corporation<br />
‣ FunderMax<br />
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Global <strong>Cladding</strong> <strong>Systems</strong> <strong>Market</strong> Revenue<br />
Share (%), <strong>By</strong> End User, 2019<br />
70.6%<br />
?<br />
Residential<br />
Buildings<br />
Non-Residential<br />
Buildings<br />
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Global <strong>Cladding</strong> <strong>Systems</strong> <strong>Market</strong> –<br />
Opportunity Analysis<br />
Increasing<br />
demand for<br />
roof cladding<br />
systems<br />
Opportunity<br />
Analysis<br />
Development<br />
of sustainable<br />
cladding<br />
solutions<br />
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