Global Cladding System Market - 2021-2028

Global Cladding System Market - 2021-2028

Market Overview

The cladding system market size was worth US$ XX million in 2020 and is estimated to reach US$ XX million by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).

The purpose of cladding is to guard a building's structure against natural elements like wind and rain, but it can have other benefits, such as insulation, noise control and others. The market has the availability of multiple types of cladding systems that include all sorts of metals (zinc, bronze, stainless steel, copper, etc.), fiber cement, composite materials, amongst others. The installation methods are adapted to the diverse kinds of materials being utilized to construct the cladding system.

Indirectly, cladding systems preserve the interior of an architectural construction as well. Besides the protection a cladding system offers, it can also enhance the aesthetic appeal of a building or construction. With the various materials, patterns and finishes, the buyer can choose from various cladding systems available in the market.

Market Dynamics

The global cladding system market growth is driven by the demand for energy-efficient products.

Demand for energy-efficient products

Existing and new business buildings have significant potential to reduce energy consumption. According to the U.S Environmental Protection Agency, 30% of the energy consumed in commercial buildings is wasted. Installing energy-efficient cladding is one option to lessen the loads. The building needs less energy to heat and cool because energy-efficient cladding systems have better thermal resistance and fewer thermal breaks than traditional materials. House cladding adds an extra layer of insulation to the walls, preventing hot air from escaping and cold air from infiltrating. As a result, cladding not only enhances the overall look of your home with its attractive design but also helps improve its energy efficiency too.

Exterior insulation and finish systems and insulated metal wall panels are gaining significant demand for energy-efficient cladding systems. EIFS is a lightweight cladding that may imitate the look of a variety of construction materials, such as brick, metal panels, siding and stucco. It can also be installed over existing claddings as a retrofit. In residential homes and other structures, poor façade insulation leads to significant energy loss. The rainscreen cladding system market has also grown as it promotes energy conservation due to its air cavity on the building's outer façade.

Danger of fire from the use of certain materials

If the cladding system comprises flammable elements like expanded polystyrene or polyurethane, exposing these materials to a flame will cause the fire to spread in the building. It can occur due to a fire breaking out through the windows or openings, through ventilation shafts or from an outside fire.

In 2018, the building standards were amended to prohibit combustible building materials from being used on the outer walls of structures taller than 18 meters and containing more than one dwelling. The prohibition extends to residential tower buildings, hospitals, residential care institutions and student accommodation blocks. The external walls of a structure will be included in fire risk assessments for high-rise tower blocks. Companies, on the other hand, are coming up with fresh ideas to overcome market limitations. In 2021, for example, RISCAuthority released a new toolkit to assist users in comprehending the complicated legal fire safety standards of external building cladding systems. The interactive, web-based tool discusses the fire-resistance criteria for external cladding systems in England, Wales, Scotland and Northern Ireland.

Covid-19 Impact Analysis

The market for cladding systems has been stable during the covid-19 outbreak. The market has witnessed lower demand from the commercial sector, while the sales have grown in the residential sector. In contrast, home renovations and new home sales activity have grown significantly in recent months. During the global covid-19 outbreak, there has been a steady shift in the time individuals spend at home, both for work and recreation. As a result, individuals are making noteworthy improvements to their houses and outdoor living spaces.

The market suffered from the storage of raw materials during the covid-19, which resulted in inflammation in the prices. The manufacturers were dealing with supply-chain interruptions, material price spikes and other pandemic-related issues. For instance, aluminium prices hit their highest levels in 10 years, reaching US$ 2,727 per ton.

Segment Analysis

By material, the cladding system market is segmented into steel, aluminum, composite materials, fiber cement, terracotta, ceramic, EIFS and others.

Need for material to withstand harsh environments is boosting the sales for steel cladding

Steel is the most cost-effective metal cladding in terms of initial investment, with more than 35 years of life expectancy. Steel cladding provides added protection to the building complying with the recent fire hazard laws. It safeguards inside building materials from the weather while also improving the structure's mechanical stability. The steel cladding protects against changes in temperature, wind, water absorption and pollution with less maintenance or repair work compared to wood, stone and painted surfaces.

The leading companies are launching new products, which is expected to boost its market demand. For instance, in 2020, Tata Steel launched Urban Seam Façade, a new A1 fire-rated steel standing seam cladding system that gives a modern aesthetic and, importantly, exceeds the fire safety standards set by the updated building regulations. It is available in 29 colour options to meet the design requirements of residential development and present a real alternative to aluminium composite material cladding.

Geographical Analysis

Growing sales for rainscreen cladding is boosting the market in North America

The demand for fireproof, thermally resistant, water-resistant and soundproof materials are growing from the construction sector. As consumers become more environmentally conscious, innovative eco-friendly cladding materials are becoming more popular. Cladding is one of the most effective and least expensive ways to insulate a structure without sacrificing internal floor space fully. Consumers are looking for materials that help increase energy efficiency, which is gaining the demand for rainscreen cladding. The rainscreen cladding makes it easier to cool the building in the summer and offers you more control over the winter heating, promoting thermal comfort and energy savings. Energy bills can be lowered by 30 to 40% by using the rainscreen cladding system.

The companies have been expanding their rainscreen cladding portfolio with growing demand in lucrative opportunities in the region. For instance, in 2021, Proteus Facades, a supplier of rainscreen cladding systems, entered the U.S. market due to demand from architects and specifiers looking for unique façade systems. The company offers a variety of rainscreen cladding and internal wall cladding solutions for all project types and sizes, including residential, high-rise commercial, parking decks, health and education. Moreover, in 2019, Sto Corp. announced that it is launching its StoVentec ventilated rainscreen cladding system in the U.S. The product provides designers with a whole new range of aesthetic choices and the ability to achieve distinctive looks for building façades with highly engineered performance characteristics.

Competitive Landscape

The cladding system market is fragmented with the presence of local and global companies. The companies are attracting an audience with innovative designs and new materials for residential and commercial purposes. The players are also emphasizing on launching new products in compliance with the current regulatory standards. In addition, some of the key players contributing to the market's growth are Cladding Systems, Inc., NewTechWood America Inc., Glen-Gery Corporation, Tata Group, Sto Corp, Acronic Inc, Etex Group, Saint-Gobain S.A, Gridworx, Rockwool International and others. The major players are adopting new strategies to dominate the market, such as acquisitions, launching new technologies, expansions and collaborations, contributing to the global growth of the cladding systems market.

Tata Group

Overview: Tata Group is a multinational company with operations in more than 100 countries on six continents. The Tata group has a presence in various industries, including agrochemicals, automotive, chemicals, construction, consumer products, finance and hospitality. Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan and Tata Communications are among the 29 publicly traded Tata companies. The group will have a capitalization of around US$ 123 billion in 2020.

Product Portfolio: The company offers various types of cladding systems under Trisobuild wall systems and under Trisobuild roof systems for the range of standard and tailored profiles to meet the design requirements.

Key Development: In 2021, Tata Steel has supplied its steel standing seam wall cladding system, Urban Seam Façade, to a new development in Portsmouth. The Goldsmith Avenue project is amongst the first in the UK to utilize the A1 fire rating of the system.

Why Purchase the Report?
• Visualize the cladding system market segmentation by material, type, usage, application, and region, highlighting the key commercial assets and players
• Identify commercial opportunities in the cladding systems by analyzing trends and co-development deals
• Excel data sheet with thousands of data points of cladding systems market-level 4/5 segmentation
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
• Product mapping in excel for the key product of all major market players

The global cladding system market report would provide an approximate 77 market data table, 79 figures and 180 pages

Target Audience
• Raw Material Providers
• Buyers
• Cladding System Manufacturers
• Distributors
• Construction Companies
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Distributors"

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1. Global Cladding System Market Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Global Cladding System Market – Market Definition and Overview
3. Global Cladding System Market – Executive Summary
3.1. Market Snippet by Material
3.2. Market Snippet by Type
3.3. Market Snippet by Usage
3.4. Market Snippet by Application
3.5. Market Snippet by Region
4. Global Cladding System Market-Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Demand for energy-efficient products
4.1.1.2. XX
4.1.2. Restraints:
4.1.2.1. Danger of fire from the use of certain materials
4.1.2.2. XX
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Global Cladding System Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. Global Cladding System Market – Covid-19 Analysis
6.1. Analysis of Covid-19 on the Market
6.1.1. Before Covid-19 Market Scenario
6.1.2. Present Covid-19 Market Scenario
6.1.3. After Covid-19 or Future Scenario
6.2. Pricing Dynamics Amid Covid-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. Global Cladding System Market – By Material
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
7.1.2. Market Attractiveness Index, By Material
7.2. Steel*
7.2.1. Introduction
7.2.2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
7.3. Aluminum
7.4. Composite Materials
7.5. Fiber Cement
7.6. Terracotta
7.7. Ceramic
7.8. EIFS
7.9. Others
8. Global Cladding System Market – By Type
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
8.1.2. Market Attractiveness Index, By Type
8.2. Vented*
8.2.1. Introduction
8.2.2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
8.3. Drained and Vented
8.4. Pressure Equalized
8.5. Others
9. Global Cladding System Market – By Usage
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Usage
9.1.2. Market Attractiveness Index, By Usage
9.2. Wall*
9.2.1. Introduction
9.2.2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
9.3. Roof
9.4. Others
10. Global Cladding System Market – By Application
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10.1.2. Market Attractiveness Index, By Application
10.2. Residential*
10.2.1. Introduction
10.2.2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
10.3. Commercial
10.4. Industrial
10.5. Institutional
11. Global Cladding System Market – By Region
11.1. Introduction
11.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
11.3. Market Attractiveness Index, By Region
11.4. North America*
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Usage
11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.4.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.4.8.1. U.S.
11.4.8.2. Canada
11.4.8.3. Mexico
11.5. Europe
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Usage
11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.5.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.5.8.1. Germany
11.5.8.2. U.K.
11.5.8.3. France
11.5.8.4. Italy
11.5.8.5. Spain
11.5.8.6. Rest of Europe
11.6. South America
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Usage
11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.6.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.6.8.1. Brazil
11.6.8.2. Argentina
11.6.8.3. Rest of South America
11.7. Asia Pacific
11.7.1. Introduction
11.7.2. Key Region-Specific Dynamics
11.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.7.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Usage
11.7.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.7.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.7.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.7.8.1. China
11.7.8.2. India
11.7.8.3. Japan
11.7.8.4. Australia
11.7.8.5. Rest of Asia Pacific
11.8. Middle East and Africa
11.8.1. Introduction
11.8.2. Key Region-Specific Dynamics
11.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Usage
11.8.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.8.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12. Global Cladding System Market – Competitive Landscape
12.1. Competitive Scenario
12.2. Market Positioning/Share Analysis
12.3. Mergers and Acquisitions Analysis
13. Global Cladding System Market- Company Profiles
13.1. Tata Group*
13.1.1. Company Overview
13.1.2. Product Portfolio and Description
13.1.3. Key Highlights
13.1.4. Financial Overview
13.2. Cladding Systems, Inc.
13.3. NewTechWood America Inc.
13.4. Glen-Gery Corporation
13.5. Sto Corp
13.6. Acronic Inc
13.7. Etex Group
13.8. Saint-Gobain S.A
13.9. Gridworx
13.10. Rockwool International
LIST NOT EXHAUSTIVE
14. Global Cladding System Market – DataM
14.1. Appendix
14.2. About Us and Services
14.3. Contact Us

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