Cladding Systems Market to Reach $347.7 Billion by 2028: A Comprehensive Analysis of Material, Type, and Application Trends
The global cladding systems market is projected to grow from USD 268.4 billion in 2023 to USD 347.7 billion by 2028, at a CAGR of 5.2% during the forecast period. Due to increasing environmental concerns and stricter regulations, there is a growing emphasis on energy-efficient building practices. Cladding systems, particularly those that integrate insulation materials, play a significant role in enhancing...
Kingspan Insulation Ltd (UK) and Sika AG (Sika) (Switzerland) are the Key Players in the Rainscreen Cladding Market
The rainscreen cladding market is projected to grow from USD 10.1 billion in 2019 to USD 14.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast year. Demand for rainscreen cladding market can be attributed to the high growth primarily because of the increasing infrastructure and construction activities worldwide. Rainscreen cladding does not protect a building;...