Cladding Market Size, Share & Trends Analysis Report By Product (Fiber Cement, Composite Material, Terracotta, Ceramics), By Application (Residential, Commercial, Industrial), By Region, And Segment Forecasts, 2024 - 2030
- Report ID: GVR-1-68038-477-2
- Number of Report Pages: 198
- Format: PDF, Horizon Databook
- Historical Range: 2018 - 2022
- Forecast Period: 2024 - 2030
- Industry: Advanced Materials
Market Segmentation
- Cladding Product Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2018 - 2030)
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Cladding Application Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2018 - 2030)
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Cladding Regional Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2018 - 2030)
- North America
- North America Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- North America Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- U.S.
- U.S. Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- U.S. Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- U.S. Cladding Market, By Product
- Canada
- Canada Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Canada Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Canada Cladding Market, By Product
- North America Cladding Market, By Product
- Europe
- Europe Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Europe Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Germany
- Germany Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Germany Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Germany Cladding Market, By Product
- UK
- UK Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- UK Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- UK Cladding Market, By Product
- France
- France Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- France Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- France Cladding Market, By Product
- Italy
- Italy Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Italy Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Italy Cladding Market, By Product
- Europe Cladding Market, By Product
- Asia Pacific
- Asia Pacific Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Asia Pacific Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- China
- China Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- China Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- China Cladding Market, By Product
- India
- India Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- India Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- India Cladding Market, By Product
- Japan
- Japan Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Japan Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Japan Cladding Market, By Product
- Asia Pacific Cladding Market, By Product
- Central & South America
- Central & South America Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Central & South America Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Brazil
- Brazil Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Brazil Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Brazil Cladding Market, By Product
- Mexico
- Mexico Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Mexico Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Mexico Cladding Market, By Product
- Central & South America Cladding Market, By Product
- Middle East & Africa
- Middle East & Africa Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Middle East & Africa Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Bahrain
- Bahrain Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Bahrain Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Bahrain Cladding Market, By Product
- Egypt
- Egypt Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Egypt Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Egypt Cladding Market, By Product
- Iran
- Iran Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Iran Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Iran Cladding Market, By Product
- Jordan
- Jordan Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Jordan Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Jordan Cladding Market, By Product
- Kuwait
- Kuwait Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Kuwait Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Kuwait Cladding Market, By Product
- Libya
- Libya Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Libya Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Libya Cladding Market, By Product
- Oman
- Oman Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Oman Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Oman Cladding Market, By Product
- Qatar
- Qatar Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Qatar Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Qatar Cladding Market, By Product
- Saudi Arabia
- Saudi Arabia Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Saudi Arabia Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Saudi Arabia Cladding Market, By Product
- Sudan
- Sudan Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Sudan Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Sudan Cladding Market, By Product
- Turkey
- Turkey Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- Turkey Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- Turkey Cladding Market, By Product
- UAE
- UAE Cladding Market, By Product
- Steel
- Aluminum
- Composite Material
- Fiber Cement
- Terracotta
- Ceramic
- Others
- UAE Cladding Market, By Application
- Residential
- Industrial
- Commercial
- Offices
- Institutional
- UAE Cladding Market, By Product
- Middle East & Africa Cladding Market, By Product
- North America
Cladding Market Dynamics
Driver: Growth of Construction Industry
The global construction sector is expected to witness steady growth. This can be attributed to the strong industrial and economic development coupled with population expansion, which is likely to have a positive impact on the demand for ceramic tiles in these regions over the forecast period. Increasing construction spending in developing countries owing to the population expansion and strong economic and industrial developments are expected to positively affect the demand for cladding products.
The governments of emerging economies have invested significantly in public infrastructures such as offices, building hospitals, and housing societies. Asia Pacific is expected to witness an increase in construction spending over the forecast period owing to rapid urbanization coupled with an expanding population. According to a report published by the Asian Development Bank, Asia Pacific construction market is anticipated to witness significant growth over the next decade. These factors are expected to spur the growth of the construction industry over the forecast period.
Driver: Favorable Government Regulations
Government initiatives that favor the use of claddings are expected to have positive impact on the market. Cladding systems are expected to gain wider acceptance globally owing to several benefits. These include their lightweight, thermal insulation, improved external appearance, and acoustic performance of the buildings. As per the U.S. department of energy, the citizens can claim Residential Energy Efficiency Property Credit for solar, wind, and geothermal equipment in both principal residence and a second home. The credit was equal to 30% of the cost, including installation, through 2019 and then it would be stepped down to 26% through 2022. The credit would be 22% for 2023 after which it would expire. Cladding system helps in saving energy with thermal insulation as well as increases the durability of materials that would otherwise be directly exposed to the exterior elements, thereby avoiding heavy repair expenses in the future and extending the life of the building.
Restraint: High Initial Installation And Maintenance Cost
The market can be negatively affected by high initial installation cost and maintenance issues. The tendency to hide primary flashing elements behind the cladding components limits the opportunity to conduct routine maintenance or evaluate the materials in terms of their performance without removing panels. There is a risk of failure if the structural components are not checked and maintained regularly. The sealant joints need a regular check in order to hold the outer panels and seal between air and water barrier of the system. The sizing of the open panel joints directly affects the contact of exterior elements with the cladding structure and waterproofing components. Large joints allow more water to reach the water barrier, which requires the design to use a robust air and water barrier to be able to withstand and drain moisture.
What Does This Report Include?
This section will provide insights into the contents included in this cladding market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Cladding market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Cladding market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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