Market Overview:
The global cladding market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and low-maintenance building materials. Steel, aluminum, composite panels, fiber cement, terracotta, and ceramic are the major types of cladding materials used in buildings. Residential applications accounted for the majority of the global cladding market in 2017. However, commercial applications are expected to grow at a higher CAGR during the forecast period owing to increased construction activities across developed and developing countries.
Product Definition:
The cladding is a layer of material that is applied to the surface of a structure. It can be used to protect the underlying material, enhance the appearance of the structure, or both.
Steel:
The global steel market size was valued at USD 609.3 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for construction across the globe, particularly in emerging economies such as India, China, Vietnam and South Korea is anticipated to drive growth over the coming years.
Aluminum:
Aluminum is a lightweight, strong, and versatile metal that can be used in the construction of cladding systems. Aluminum panels are widely used for exterior applications such as exteriors of residential & commercial buildings and other structures. Aluminum is also utilized for the manufacturing of roofing systems such as T-rex roofing which consists mainly of dark colored aluminum sheets with an integrated membrane system at one or more edge(s).
Application Insights:
The residential application segment accounted for the largest share of over 60.0% in 2017. The rising number of multi-family housing construction projects across the globe is expected to be a key factor driving demand for aluminum composite panels and steel panels in residential applications over the forecast period.
Commercial buildings are likely to witness significant growth on account of increasing investments from companies operating in various industries such as IT & telecommunication, pharmaceuticals, FMCG (fast-moving consumer goods), retail and others. This is anticipated to boost product demand from 2018 to 2030. Cladding systems have become an integral part of commercial building design solutions owing to their ability provide thermal insulation along with aesthetic appeal and protection against extreme weather conditions such as snow, rainstorms etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities owing to increasing demand for housing and commercial spaces, which, in turn, is likely to propel product demand.
The growing population coupled with rising living standards have led to an increase in residential construction activities across emerging economies of Asia Pacific including China and India. These countries are also focusing on improving their public infrastructure such as roads, hospitals buildings etc., which will further drive product consumption over the next eight years.
Europe accounted for a significant share of global revenue due to stringent building regulations regarding energy efficiency introduced by various governments across European countries since 2010s along with green building initiatives introduced by EU-28 member states since 2012s that compelled manufacturers adopt lightweight composite materials for constructing high rise buildings thus boosting regional growth considerably.
Growth Factors:
- Increasing demand for energy-efficient and low-maintenance building materials
- Rising construction spending in emerging economies
- Proliferation of green buildings
- Growing popularity of cladding systems as an aesthetic enhancement to buildings
- Technological advancements that improve the performance and durability of cladding systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Cladding Market Research Report
By Type
Steel, Aluminum, Composite Panels, Fiber Cement, Terracotta, Ceramic
By Application
Residential Applications, Commercial Applications
By Companies
Kingspan Insulation, Carea, GB Architectural Products, Celotex, CGL Facades, Rockwool, Timco Wood's, Euramax, Trespa, Middle East Insulation, Kingspan Insulation, Avenere Cladding
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Cladding Market Report Segments:
The global Cladding market is segmented on the basis of:
Types
Steel, Aluminum, Composite Panels, Fiber Cement, Terracotta, Ceramic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Applications, Commercial Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kingspan Insulation
- Carea
- GB Architectural Products
- Celotex
- CGL Facades
- Rockwool
- Timco Wood's
- Euramax
- Trespa
- Middle East Insulation
- Kingspan Insulation
- Avenere Cladding
Highlights of The Cladding Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel
- Aluminum
- Composite Panels
- Fiber Cement
- Terracotta
- Ceramic
- By Application:
- Residential Applications
- Commercial Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cladding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cladding is a material that is used to cover or protect the exterior of a building. It can be made from many different materials, including metal, plastic, and insulation.
Some of the major players in the cladding market are Kingspan Insulation, Carea, GB Architectural Products, Celotex, CGL Facades, Rockwool, Timco Wood's, Euramax, Trespa, Middle East Insulation, Kingspan Insulation, Avenere Cladding.
The cladding market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cladding Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cladding Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cladding Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cladding Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cladding Market Size & Forecast, 2020-2028 4.5.1 Cladding Market Size and Y-o-Y Growth 4.5.2 Cladding Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Steel
5.2.2 Aluminum
5.2.3 Composite Panels
5.2.4 Fiber Cement
5.2.5 Terracotta
5.2.6 Ceramic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential Applications
6.2.2 Commercial Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cladding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cladding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Steel
9.6.2 Aluminum
9.6.3 Composite Panels
9.6.4 Fiber Cement
9.6.5 Terracotta
9.6.6 Ceramic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential Applications
9.10.2 Commercial Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Steel
10.6.2 Aluminum
10.6.3 Composite Panels
10.6.4 Fiber Cement
10.6.5 Terracotta
10.6.6 Ceramic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential Applications
10.10.2 Commercial Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Steel
11.6.2 Aluminum
11.6.3 Composite Panels
11.6.4 Fiber Cement
11.6.5 Terracotta
11.6.6 Ceramic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential Applications
11.10.2 Commercial Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Steel
12.6.2 Aluminum
12.6.3 Composite Panels
12.6.4 Fiber Cement
12.6.5 Terracotta
12.6.6 Ceramic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential Applications
12.10.2 Commercial Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Steel
13.6.2 Aluminum
13.6.3 Composite Panels
13.6.4 Fiber Cement
13.6.5 Terracotta
13.6.6 Ceramic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential Applications
13.10.2 Commercial Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cladding Market: Competitive Dashboard
14.2 Global Cladding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kingspan Insulation
14.3.2 Carea
14.3.3 GB Architectural Products
14.3.4 Celotex
14.3.5 CGL Facades
14.3.6 Rockwool
14.3.7 Timco Wood's
14.3.8 Euramax
14.3.9 Trespa
14.3.10 Middle East Insulation
14.3.11 Kingspan Insulation
14.3.12 Avenere Cladding