Metal Cladding Market: Development, Current Analysis and Forecast to 2025

Posted by Mayur Yeole on February 17th, 2021

Overview:

The global metal cladding market is showing prospects to secure 4.4% CAGR during the forecast period of 2019 to 2025. Market Research Future (MRFR), in its attempt to get deeper into the market, studied factors like durability, cost-efficiency, rising instances of urbanization, modern architectural integration, investment in various construction activities, growing awareness among building owners, and others. These factors would bolster global market growth.

However, the metal cladding market may find the fluctuating raw material prices as a negative effect on the outcomes of the market. But the competitive aspect of the market would steer it back to its original course.

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Segmentation:

The global metal cladding industry, as studied by MRFR experts, can be segmented into type and application. Data collected from these two segments were analyzed and it could help in framing a proper route map.

By material, the global market report on metal cladding can be studied on the basis of galvanized steel, cladding, brass cladding, aluminum cladding, copper cladding, titanium cladding, zinc cladding, and bronze cladding. The copper cladding has the chance to dominate the global market as its demand is substantially high for its effective features.

By application, the global market report includes a study of residential, commercial, and industrial. In 2018, the commercial segment had the highest market share and it is also expected to outpace others during the same time frame. The commercial segment includes a study of healthcare, shopping malls & centers, office spaces, hospitality, educational centers, and others.

Regional Analysis:

Asia Pacific, with its emerging countries, is expected to dominate the market. This is due to the rising construction activities in all the developing countries. India, China, and others are going to take advantage of it.

Competitive Analysis:

ArcelorMittal Construction (Luxembourg), ASTEC Industries Inc. (US), A. Zahner (US), ATAS International (US), James & Taylor, Kalzip Ltd (UK), BASF (Germany), Anclajes Grapamar S.L (Spain), Ancon Limited (UK), Huntsman Corporation (US), Bemo Systems (Germany), BlueScope Steel (Australia), POHL Fassaden (Christian Pohl GmbH) (Germany), and others are major market players taking an active interest in the metal cladding market.

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