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Cladding Systems Market Trends

Report ID: GMI6591
Published Date: Aug 2023
Report Format: PDF

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Cladding Systems Market Trends

Growing emphasis on sustainability is driving the adoption of cladding materials with lower environmental impact, such as recycled content, natural materials, and bio-based composites. Incorporating nature-inspired elements into cladding design, such as living walls, vertical gardens, and natural textures, to create healthier and more visually appealing spaces. Advancements in materials science are leading to the development of high-performance cladding materials that offer improved insulation, durability, and aesthetics.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The cladding systems market was worth USD 244 billion in 2023 and is estimated to reach USD 419.2 billion by 2032, favored by rapid urbanization and increasing infrastructure construction.

Roofs held a dominant market share of around 46% in 2022 and is expected to grow at a lucrative pace through 2032 as they protect homes from external elements, contributing to occupant comfort and durability.

U.S. cladding systems industry was worth USD 48 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032, owing to the strict building codes that require cladding systems to meet rigorous standards for safety, fire resistance, energy efficiency, and environmental performance.

James Hardie Industries plc, Etex Group, Nichiha Corporation, Covestro AG, Saint-Gobain, Alucobond, Formica Group, Trespa International B.V., Alpolic Materials, Centurion Industries, Inc. among others.