Rainscreen Cladding Market Predicted To Reach USD 233.08 Billion By 2030Posted by Neha Bora on December 23rd, 2022 San Francisco, 23 Dec 2022: The Report Rainscreen Cladding Market Size, Share & Trends Analysis Report By Raw Material (Fiber Cement, Terracotta), By Application (Residential, Official), By Region (North America, EU, APAC), And Segment Forecasts, 2022 - 2030 The global rainscreen cladding market size is expected to reach USD 233.08 billion by 2030, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. The rising demand for the aesthetic appeal of new as well as renovated buildings and protection against fire, rainwater, and air is likely to drive the industry growth for rainscreen cladding structures. The growing need for enhanced moisture management and energy-efficient solutions for buildings is likely to propel the product demand. Shifting consumer trends toward the protection of exterior walls in residential, commercial, and non-residential buildings, including offices and institutions are boosting the product demand. A large number of players are based in North American and European economies owing to the easy access to raw materials. Innovations and technological advancements in manufacturing and installations are the key factors for producers to sustain in the competition. The manufacturers have established contacts with the suppliers to secure material flow for the product manufacturing. Aluminum composite materials, fiber cement, and terracotta are widely used for manufacturing the rainscreen components owing to their high durability, fire & waterproof properties, and resistance to the growth of bacteria, fungi, and mold. However, unstable prices for raw materials and installation charges for the structure are expected to hamper the overall pricing for rainscreen claddings. Access Research Report of Rainscreen Cladding Market @ https://www.grandviewresearch.com/industry-analysis/rainscreen-cladding-market Rainscreen Cladding Market Report Highlights
List of Key Players in Rainscreen Cladding Market
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