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Global Cladding Market Size, Trends, Growth, Analysis: By Product Type: Steel, Aluminium, Composite Materials, Fibre Cement, Terracotta, Ceramic, Others; By Application: Residential, Industrial, Commercial, Offices, Institutional; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Cladding Market Size
The global cladding market size is estimated to witness a healthy growth in the forecast period of 2024-2032, expanding at a CAGR of 5.30% to reach USD 159.50 billion by 2032.
Key Takeaways
- Smart cladding solutions that offer improved energy efficiency, environmental responsiveness, and integration with IoT devices are on the rise.
- Materials that are fire-resistant and comply with stringent fire safety regulations are a must for cladding products.
- There is a growing trend of consolidation within the cladding market as companies acquire others to expand their product portfolio.
Cladding is a non-loadbearing skin or covering affixed to the outside or inside of a building. Wood, metal, plastic (vinyl), brick, and a growing number of composite materials are commonly used as cladding. In addition, cladding helps to synchronise the outer and interior environments of a building and is performed according to the building's operational requirements.
The rapid growth of the construction sector around the world is one of the major factors driving the cladding market growth. This can be attributed to the increased demand for residential and non-residential infrastructure caused by the increasing global population. In addition, its high durability, and the ability to enhance the visual appeal of buildings are also predicted to propel the demand for cladding.
Moreover, the growing need for improved moisture management, fire resistance, thermal resistance, waterproofing, acoustic cladding systems, and energy efficiency in building structures as well as the growing tendency towards protecting exterior walls across the globe are anticipated to add to the cladding market value. At the same time, the governments are also making investments in the production of lightweight and energy-efficient exterior panels for the construction of commercial buildings.
Cladding Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cladding Market Analysis
8.1 Key Industry Highlights
8.2 Global Cladding Historical Market (2018-2023)
8.3 Global Cladding Market Forecast (2024-2032)
8.4 Global Cladding Market by Product Type
8.4.1 Steel
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Aluminium
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Composite Materials
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Fibre Cement
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Terracotta
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Ceramic
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global Cladding Market by Application
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Industrial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Commercial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Offices
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Institutional
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Cladding Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Cladding Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Cladding Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Cladding Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Cladding Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Cladding Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Kingspan Insulated Panels, Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 GB Architectural Cladding Products Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Carea Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 CGL Systems Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Rockwool International A/S
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Cladding Market: Key Industry Highlights, 2018 and 2032
2. Global Cladding Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Cladding Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Cladding Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Cladding Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Cladding Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Cladding Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Cladding Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Cladding Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Cladding Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Cladding Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Cladding Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Cladding Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Cladding Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Cladding Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Cladding Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Cladding Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2032
19. Europe Historical Price Trends and Forecast 2018-2032
20. Asia Pacific Historical Price Trends and Forecast 2018-2032
21. Latin America Historical Price Trends and Forecast 2018-2032
22. Middle East and Africa Historical Price Trends and Forecast 2018-2032
23. Global Cladding Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.30% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 159.50 billion by 2032.
The major drivers of the industry, such as the increased residential and non-residential constructions, growing demand for enhanced moisture management, fire resistance, thermal resistance, and soundproof cladding systems, and increased government investments in green building projects, are expected to aid the market growth.
The key trends aiding the market include growing usage of sustainable materials, aesthetic and design flexibility, growth of prefabrication and modular construction, and increased technological integration.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant product types include steel, aluminium, composite materials, fibre cement, terracotta, and ceramic, among others.
The significant applications include residential, industrial, commercial, offices, and institutional, among others.
The major players in the market are Kingspan Insulated Panels, Inc., GB Architectural Cladding Products Ltd., Carea Ltd., CGL Systems Ltd., and Rockwool International A/S, among others.
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