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Based on material type, the rainscreen cladding market is segmented as metal, fiber cement, high-pressure laminate (HPL), terracotta, natural stone, composite, others. Metal held a majority market value of USD 27.5 billion in 2022. Metal panels offer a sleek and modern appearance that appeals to contemporary architectural designs. Metals are known for their longevity, resistance to weathering, and low maintenance requirements. Moreover, an increasing usage will further accelerate the segment progress.
Based on design, the rainscreen cladding market is segmented as smooth finish, textured finish, patterned/decorative, custom printed, others. Smooth finish held a dominant market share of around 33% in 2022 and is expected to grow at a lucrative pace by 2032. Modern designs often favor clean lines, geometric shapes, and uncluttered facades, making rainscreen cladding systems an attractive choice due to their ability to create sleek and straightforward appearances.
Based on application the rainscreen cladding market is segmented as Commercial Buildings, Residential Buildings, Industrial Buildings, Institutional Buildings, Others. Commercial Buildings held a dominant market share in 2022. Rainscreen cladding offers diverse design options, allowing architects to create visually appealing and distinctive facades that enhance the building's curb appeal. Thus, the high-quality services and growing usage of rainscreen cladding at food centres are anticipated to expedite the business growth.
U.S. rainscreen cladding market exceeded USD 29.6 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. Stringent energy efficiency standards and codes in North America, such as LEED certification and Energy Star requirements, encourage the use of rainscreen cladding systems to enhance building insulation and reduce energy consumption. Thus, the above-mentioned variables would augment the rainscreen cladding business trends in the North America positively.