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Aluminum Cladding Market Trends

  • Report ID: GMI9974
  • Published Date: Jun 2024
  • Report Format: PDF

Aluminum Cladding Market Trends

There has been an increasing adoption of energy-efficient and sustainable materials in the construction industry. Aluminum cladding is highly recyclable and offers excellent thermal insulation properties, making it an attractive choice for green building initiatives. It can help regulate building temperatures naturally, reducing reliance on HVAC systems and lowering energy consumption. According to the Aluminum Association, aluminum cladding systems can contribute to energy savings of up to 30% in buildings.
 

For instance, the use of lightweight Aluminum Composite Panels (ACPs) is on the rise due to their ability to enhance energy efficiency in buildings. Manufacturers are increasingly using recycled aluminum in cladding panels, reducing the environmental impact associated with aluminum production and promoting a circular economy. Certain leading manufacturers offer cladding with recycled aluminum content exceeding 70%.
 

Additionally, manufacturers are incorporating digital technologies throughout the cladding lifecycle, from design to installation and maintenance. The usage of Building Information Modelling (BIM) allows architects and engineers to create 3D models of buildings that incorporate information about cladding systems. This improves design accuracy, facilitates clash detection, and optimizes material usage. Also, advanced techniques such as 3D printing are being explored to produce custom-designed aluminum cladding panels. This enables the formation of intricate shapes and patterns that would be difficult or expensive to achieve with traditional methods.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of aluminum cladding reached USD 53.4 billion in 2023 and is set to witness 6.6% CAGR between 2024 and 2032, led by a surge in global construction activities.

The aluminum composite panels (ACPs) segment of the aluminum cladding industry generated a revenue of USD 35.7 billion in 2023, and is expected to reach USD 63.2 billion by 2032, owing to their lightweight nature.

Asia Pacific market generated a substantial revenue of USD 15.6 billion in 2023, and is expected to reach USD 35.9 billion by 2032, attributed to the growing construction industry.

Arconic, Boral Limited, Cembrit Holding AS, Centria, Cladding Corp, Compagnie de Saint-Gobain SA, DowDuPont, Etex Group, and James Hardie Industries PLC among others.

Aluminum Cladding Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 49
  • Countries covered: 23
  • Pages: 135
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