Spain Rainscreen Cladding Market, By Construction (New construction, Renovation), Raw Material (Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramic, Others), System (Vented Systems, Drained and Vented Systems, Pressure Equalised (Moderated) Systems), Applications (Residential, Commercial, Institutional and Industrial) – Industry Trends and Forecast to 2029.
Market Analysis and Size
Over the last few years, there has been immense growth in the construction industry. Additionally, there has been demand for energy-efficient buildings construction, which have significantly contributed to the rainscreen cladding market. These growth determinants have positively affected the market growth as well as the expansion over forecasted timeframe.
The Spain rainscreen cladding market was valued at USD 276.29 million in 2021 and is expected to reach USD 478.29 million by 2029, registering a CAGR of 7.1% during the forecast period 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Rainscreen cladding is a water-shedding exterior cladding infrastructure applied to buildings' surface. They are made up of two layers separated by a vented air chamber that allows any moisture that enters the outer layer to escape to the outside of the structure. The outside layer is designed to shed water, while the inner layer serves as a structural wall, insulation, and an extra weather barrier for a building.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Construction (New construction, Renovation), Raw Material (Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramic, Others), System (Vented Systems, Drained and Vented Systems, Pressure Equalised (Moderated) Systems), Applications (Residential, Commercial, Institutional and Industrial)
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Market Players Covered
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Kingspan Group (Ireland), Carea Facade (London), M.F. Murray Companies, Inc. (U.S.), Saint-Gobain Limited . (U.K.), CGL Facades (U.K.), Rockwool A/S (Denmark), Eco Earth Solutions (India), FunderMax (Austria), Euramax Cladding (Netherlands), Cupa Pizarras (U.S.), Danpal (France), Lindner Group (Germany) and Trespa (Netherlands)
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Market Opportunities
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Rainscreen Cladding Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growing Utilization Of Rainscreen Claddings
The growing utilization of the rainscreen claddings as they offer various benefits to the building structures such as they improve the sturdiness of the outside cladding material, prevent the danger of cracks and removes the possible water filtrations, which will slip through the cladding joints and other structural issues, which increases the market demand and further carves a way for the growth of the market. Moreover, the rise in demand for protective systems, enhancing the aesthetic appeal, also boosts the market growth.
The increase in the population and swift urbanization translating to a large number of new construction projects will further propel the growth rate of rainscreen cladding market. Additionally, the upsurge in the non-residential construction activities and the demand for the fiber cement are other market growth determinants projected to bolster the growth of the market.
Opportunities
- Eco-Friendly and Sustainable
Furthermore, the various government schemes regarding the adaption for eco-friendly constructions extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing demand for sustainable cladding materials will further expand the future growth of the rainscreen cladding market.
Restraints/Challenges
- High Prices
The increase in the high raw material and installation prices coupled with the increase in the repairing costs will create hindrances for the growth of the rainscreen cladding market.
- Negative COVID-19 Impact
Also, the COVID-19 had a negative impact on the the rainscreen cladding market. Therefore, this factor will challenge the rainscreen cladding market growth rate.
This rainscreen cladding market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the rainscreen cladding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Rainscreen Cladding Market
The recent outbreak of coronavirus had a negative impact on the rainscreen cladding market, due to lockdowns, travel bans, and business shutdowns. The shutdowns led to delays in the manufacturing and production of rainscreen cladding panels used in industrial, residential, and commercial spaces. The closure of various plants and factories has had a severe influence on global supply chains, negatively affecting manufacturing, delivery schedules, and product sales in the worldwide market. A few companies have already stated that there may be delays in product deliveries and a drop in future sales. Furthermore, worldwide travel prohibitions implemented by countries in Europe, Asia, and North America are harming commercial cooperation and partnerships prospects.
Spain Rainscreen Cladding Market Scope
The rainscreen cladding market is segmented on the basis of construction, raw material, system and applications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Construction
- New construction
- Renovation
Raw Material
- Fiber Cement
- Composite Material
- Metal
- High Pressure Laminates
- Terracotta
- Ceramic
- Others
System
- Vented Systems
- Drained and Vented Systems
- Pressure Equalised (Moderated) Systems
Applications
- Residential
- Commercial
- Institutional
- Industrial
Competitive Landscape and Rainscreen Cladding Market Share Analysis
The rainscreen cladding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to rainscreen cladding market.
Some of the major players operating in the rainscreen cladding market are
- Kingspan Group (Ireland)
- Carea Facade (London)
- M.F. Murray Companies, Inc. (U.S.)
- Saint-Gobain Limited . (U.K.)
- CGL Facades (U.K.)
- Rockwool A/S (Denmark)
- Eco Earth Solutions (India)
- FunderMax (Austria)
- Euramax Cladding(Netherlands)
- Cupa Pizarras (U.S.)
- Danpal (France)
- Lindner Group (Germany)
- Trespa (Netherlands)
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