"Exploring the Future of the Rainscreen Cladding Market: Key Trends and Growth Opportunities from 2022 to 2028"

Rainscreen cladding can be defined as an outer shell created either for new or existing structures to prevent the penetration of rain and to contribute to improved thermal and acoustic insulation. Yet, this system comes with a lot of advantages such as efficiency in terms of energy, little requirement for maintenance, and durability of the overall building structure.

“The?Rainscreen Cladding Market?was estimated at?USD 126.73 billion?in 2021?and is expected to grow at a?CAGR of 6.78%?during 2022-2028 to reach?USD 201.42 billion?in 2028”.

Several factors are expected to drive the market growth as explained below. However, there is a shift in demand of products with better moisture control and energy efficiency. Also, there is a trend towards better protection of external walls. There has been a steady increase in the construction of buildings other than residential like offices and other institutions both in the developed and the developing countries. Further, more emphasis has been placed on renovation and upgrading works.

Europe is projected to lead the market due to high spending capacity, significant construction industry growth, and numerous manufacturers, while Asia-Pacific is expected to see the highest growth driven by rising per capita income and substantial investments in modern construction.

Some of the major players in the market are- Kingspan Insulation plc, Carea Ltd., Rockwool International A/S, M.F. Murray Companies, Inc., Celotex Ltd., and CGL Facades Co.

Overall, the competitive landscape of the rainscreen cladding market will see numerous growth opportunities and innovations as manufacturers strive to meet the evolving needs of the construction industry. With trends favoring sustainability and energy efficiency, the market is set to experience robust growth and development through 2028.

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