Rainscreen Cladding Market: Enhancing Moisture Management Properties and Energy-Efficient Solutions

Rainscreen Cladding Market was valued at USD 136.12 Billion in 2022, and is expected to reach USD 220.02 Billion by 2029, exhibiting a CAGR of 7.1% during the forecast period (2023-2029)

Rainscreen cladding is an assembly of components including exterior cladding (panels), ventilation, insulation, air barrier, and metal framework. The key to a properly designed sustainable rainscreen wall system is to develop it in such a way that it controls and manages various externalities including water infiltration, ultra-violet radiation, air pressure, heat transfer in & out of the building, and vapor transmission.

The value chain for Rainscreen Claddings includes raw material manufacturers & suppliers, component manufacturers, assemblers or designers, installers, and end users. The presence of a large number of manufacturers and service providers coupled with easy availability of raw materials and easy installation process have resulted in high competition in the Rainscreen Cladding market. The price structure for Rainscreen Claddings varies with respect to raw materials used and procured volume. The panels are attached to the framework structure on buildings for protection from rain, excess air, and other environmental elements.

The market for Rainscreen Cladding is highly competitive due to presence of large number of players. Increasing number of players in the global Rainscreen Cladding market result in stiff competition. Rapid growth in infrastructure development in emerging economies is expected to attract heavy investments in the industry. A large number of players are present at domestic and international levels thanks to the wide availability of raw material in natural and synthetic forms. Kingspan Insulation PLC and Rockwool International A/S have global presence. Government regulations regarding energy efficiency & emission to drive rainscreen cladding market.

Ease of manufacturing techniques with specified technical dimensions of the panels has made the manufacturers function easily in the market, thus, influencing the Rainscreen Cladding market competition. Players in the market are focusing on the production of panels with standard dimensions. Moreover, to gain high penetration and share in the application industries, prominent players are offering custom sizes of the panels with custom colors and textures. Also, these are aiming to achieve optimum business growth by offering high-grade panels with extended life.

Mergers & acquisition, joint ventures, third party agreements, and other strategic initiatives are also considered by the players to stay competitive in the Rainscreen Cladding market. Furthermore, the establishment of a dedicated supply channel and distribution network for the products has played a crucial role in enhancing the business, thus, the emerging players are following the same trends.To know about the Research Methodology :- Request Free Sample Report
Rainscreen Cladding Market Dynamics
Growth of Construction Industry to boost rainscreen cladding market growth

Increasing construction spending in emerging economies of Asia Pacific and the Middle East thanks to the population expansion coupled with strong economic and industrial development is expected to positively affect the rainscreen claddings demand over the forecast period. However, the current coronavirus pandemic, COVID-19, across the globe has severely affected the construction growth as global economy has been affected. The transportation and trade related to the construction materials is affected on account of trade suspension by major economies, thus affecting the rainscreen cladding demand and rainscreen cladding market.

Governments of emerging countries have provided considerable amount of capital to invest in public infrastructures such as building hospitals, offices, and housing societies. The emergence of private sector construction firms in China, India, and the UAE is expected to further contribute to the construction spending over the forecast period. China’s transition toward consumer- and service-driven economy has been providing ample and lucrative growth opportunities in new construction activities across various end-use sectors such as healthcare, education & social infrastructure, and retail. Abolition of one-child policy in China is also likely to provide impetus to construction activities in the region in the coming years.

In the UAE, the growth of residential and non-residential construction can be attributed to the easing credit conditions and development of non-oil activities. Simultaneously, the government has maintained infrastructure support and development projects despite flattening oil income growth in the country. Rapid urbanization along with industrialization on account of shifting manufacturing base from mature economies to these Middle Eastern countries has led to straining infrastructure resources for the residential and non-residential purposes. The above mentioned factors are expected to drive the growth of the rainscreen cladding market during the forecast period.

Favorable Government Regulations to drive the growth of rainscreen cladding market

Rainscreen cladding systems are expected to gain wide acceptance globally owing to several other benefits including lightweight materials, thermal insulation, improved external appearance, and acoustic performance of the buildings. Thus are expected to influence the market for rainscreen claddings over the forecast period.

In the U.S., as per the Federal Energy Policy Act 200a5, a tax credit of up to USD 2,000 is provided for builders of new energy-efficient homes that are constructed as per the standards of the Federal Manufactured Homes Construction and Safety Standards. Site-built homes qualify for the credit if they are certified to reduce energy consumption during heating and cooling by 50%, relative to the International Energy Conservation Code (IECC), 2006, and meet minimum efficiency standards set by the Department of Energy.

Other initiatives promoting and encouraging energy efficiency have been adopted and implemented in Europe. For instance, European Commission’s initiative “The European Portal for Energy Efficiency of Buildings” allows exploration and sharing of knowledge and optimal practices offering energy solutions for buildings. The rainscreen cladding system helps in saving energy with thermal insulation.

Asia Pacific and Central & South America are expected to contribute to the rising energy consumption thanks to the increasing construction spending. Favorable government policies coupled with increasing awareness are expected to remain the key driving factor for the growth of the rainscreen cladding market over the forecast period. World Green Building Council (WorldGBC) and International Energy Agency (IEA) are the key organizations working on green building concept and guiding builders for energy-efficient construction.High Initial Installation Cost and Maintenance Cost to hamper rainscreen cladding market growth

Rainscreen cladding market is expected to be negatively affected by high initial installation cost and maintenance issues. The tendency to hide primary flashing elements behind the cladding components limits the opportunity to conduct routine maintenance or evaluate the materials in terms of their performance without removing panels.

Risk of failure exists if the structural components are not checked and maintained regularly. The sealant joints need a regular check in order to hold the outer panels and seal between air and water barrier of the system. For typical open-joint systems, the cladding components benefit from the ventilation created through the open joints between panels, exposing the same components to exterior conditions and creating inherent performance concerns.

Introduction of Substitutes to restraint the growth of rainscreen cladding market

Rainscreen Claddings can be substituted with different technologies to protect the building from rainfall and wind. The constructed building can have outer layer made with concrete or other materials. Plaster is one of the type of outer layer for walls that protects the interior wall from water and wind. In addition, the exterior wall can have customized textures to keep the attractive appearance of the building.

The panels used in the rainscreen cladding structure can be manufactured from different materials including ceramic, fiberglass, terracotta, metal, and wood. Each material has substitutes in terms of durability, texture appearance, lightweight, and low cost. For more durability, metallic panels are used, which can be installed and removed easily.

The rainscreen cladding market is expected to get hampered by internal substitution as panels are manufactured with several raw materials and have different properties. Technical innovation in the market have introduced innovative design and textures on the panels. Moreover, enhanced printing technology offers customized printing on the panels, thus increased demand from the residential and commercial application has been witnessed. Panels manufactured with composite materials are gaining traction on account of durability and enhanced lifespan. Thus positively influencing the demand for panels in rainscreen cladding structures.
Rainscreen Cladding Market Segment Analysis
The materials used for manufacturing rainscreen claddings include fiber cement, composite materials, metals, ceramics, terracotta, high pressure laminates, and others. These raw materials are widely utilized for manufacturing panels (facades). Fiber cement segment accounted for the largest rainscreen cladding market revenue share in 2022 and is expected to witness a significant growth over the forecast period. The panels are generally made of fireproof and durable materials to tackle extreme weather conditions. Flexibility, load-bearing capacity, and availability of textures & colors are the factors driving the demand for raw materials for panel manufacturing. Terracotta and high-pressure laminates are available in different colors and textures, which is driving rainscreen cladding market.

Rainscreen cladding structures are widely used in building & construction industry with applications in residential, commercial, offices, institutional, and industrial constructions. These panels are used in rainscreen structures to protect buildings against heavy rainfall and high-pressure winds. This system also provides thermal insulation to the buildings, as well as is fireproof and weatherproof. The rainscreen cladding panels are widely used in offices and commercial constructions thanks to its aesthetic appearance and thermal insulation properties.

These panels are customized, as the shape and size of the buildings are not uniform. Institutional construction including schools and educational buildings are the driving factors for the growth of rainscreen cladding market. Residential segment includes apartments, complexes, and other standalone constructions that use rainscreen claddings. The warehouses, factories, and manufacturing & processing units are included in the industrial construction where rainscreen cladding systems are used.
Rainscreen Cladding Market Regional Insights
Europe region was the largest consumer of rainscreen cladding in 2022 thanks to the significant product demand from developed economies including Germany, the UK, Russia, Italy, and France. Europe rainscreen cladding market is expected to benefit from the recovery in residential and commercial construction sector. The European market has witnessed a significant growth in construction activities and this growth can be directly translated into an increased product demand. The rainscreen cladding market in Europe is expected to be significantly driven by the growing residential sector on account of increasing rate of immigration.

Residential construction sector accounted for the highest share in the consumption of rainscreen claddings on account of the extensive product application scope in this sector; the growth of residential construction activities in the region is expected to propel the product demand over the forecast period. Increasing of rainscreen cladding in commercial constructions owing to increased consumer preference for aesthetic appeal is expected to drive the Europe rainscreen cladding market over the forecast period.

Asia Pacific rainscreen cladding market is expected to exhibit the fastest growth over the forecast period thanks to the massive potential of the construction industry in the region. Construction industry in Asia Pacific is expected to outperform on account of rising per capita income, rapid urbanization, and growing population. Among the major economies in this region, are expected to flourish over the forecast period on account of massive investments by various governments for the development of public infrastructure and the expansion of residential construction sector, which is expected to benefit the rainscreen cladding market in Asia Pacific.

The enforcement of green building codes by various governments in the region is further expected to aid the rainscreen cladding market growth over the forecast period. Asia Pacific is generally characterized by high temperature and extreme climatic conditions, which is expected to propel the product demand for the exterior protection of structures. The expansion of residential, commercial, and industrial sectors on account of sustainable economic growth in the region is expected to boost construction activities, thereby driving the product demand over the forecast period.In North America, private investments in industrial sector are reaching the highest levels. U.S. dominates the rainscreen cladding market in North America in terms of consumption, thanks to the increased demand from residential sector, extensively developed manufacturing industry, and government initiatives to develop social infrastructure. In addition, rising awareness regarding the benefits of weather protection of building structure is expected to benefit the market growth.

Increased rate of international and domestic migration in the region is expected to boost the demand for housing, thereby propelling residential construction. The region is expected to witness substantial growth in single-family housing; multi-family construction is expected to decline over the forecast period. In addition, the rainscreen cladding market is also expected to witness moderate growth in institutional construction activities over the forecast period. Moreover, increasing product demand from commercial sector, such as retail chains, shopping malls, and supermarkets & hypermarkets, is expected to fuel the rainscreen cladding market growth over the forecast period.
Rainscreen Cladding Market Scope: Inquiry Before Buying



Rainscreen Cladding Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US 136.12 Bn


Forecast Period 2023 to 2029 CAGR:
7.1 %
Market Size in 2029:
US 220.02 Bn.


 Segments Covered:
by Material
1. Fiber Cement
2. Composite Material
3. Metal
4. High-pressure Laminates
5. Terracotta
6. Ceramic
7. Others


by Application
1. Residential
2. Commercial
3. Official
4. Institutional
5. Industrial


by Construction
1. Construction
2. Renovation



Rainscreen Cladding Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Rainscreen Cladding Market, Key Players are
1. Kingspan Insulation plc.
2. Sika AG
3. Carea Ltd.
4. SFS Intec
5. M.F. Murray Companies, Inc.
6. Sotech Optima Company
7. Celotex Ltd.
8. Merson
9. Rockwool International A/S
10. CGL Facades Co.
11. Promat UK Ltd.
12. Eco Earth Solutions Pvt. Ltd.
13. FunderMax
14. Everest Industries Ltd.
15. OmniMax International, Inc.
16. Trespa International B.V.
17. Middle East Insulation LLC
18. Euro Panels Overseas N.V.
19. Centria International
20. Dow Building Solutions

Frequently Asked Questions:

1] What is the growth rate of the Global Rainscreen Cladding Market?
Ans. The Global Rainscreen Cladding Market is growing at a significant rate of 7.1% during the forecast period.

2] Which region is expected to have the highest growth rate in the Global Rainscreen Cladding Market?
Ans. The Europe region is expected to hold the highest growth rate in the Rainscreen Cladding Market during the forecast period.

3] What is the market size of the Global Rainscreen Cladding Market by 2029?
Ans. The market size of the Rainscreen Cladding Market by 2029 is expected to reach USD 220.02 Bn.

4] What are the major key players of the Global Rainscreen Cladding Market?
Ans. The major key players of the Global Rainscreen Cladding Market are Kingspan Insulation plc., Sika AG, Carea Ltd., SFS Intec, M.F. Murray Companies, Inc., Sotech Optima Company, and Celotex Ltd., among others.

5] What factors are driving the growth of the Global Rainscreen Cladding Market in 2022?
Ans. Growth of construction industry and favourable government regulations are the major factors expected to drive the Global Rainscreen Cladding Market during the forecast period.