-- The global market for cladding systems is projected to grow from USD 173.51 billion in 2016 to reach USD 242.84billion by 2021, at an estimated CAGR of 6.95% from 2016 to 2021.Growth in the construction industry throughout the world as well as government regulations regarding zero energy building codes have played a huge role in providing the necessary momentum to the cladding systems market after the economic slowdown.
The metal cladding systems segment is projected to be the fastest-growing segment in the cladding systems market in the next five years. Metal cladding is durable and aesthetically pleasing. It is also eco-friendly and can be fully recycled. Metal cladding is mainly used in non-residential buildings, particularly in industrial and commercial.
Complete report on global cladding systems market spread across 197 pages, profiling 10 companies and supported with 153 tables and 59 figures is now available at http://www.rnrmarketresearch.com/cladding-systems-market-by-material-wood-brick-stone-vinyl-stucco-eifs-metal-fiber-cement-component-walls-roofs-windows-doors-function-insulation-air-vapor-control-precipitation-control-by-st-to-2021-market-report.html .
The market for cladding systems is segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the total demand generated by the global cladding systems market in 2015 because of the willingness of companies in the region to take up capital-intensive projects, along with the availability of technical expertise. The Asia-Pacific region is projected to be the fastest-growing market for cladding systems during the forecast period, owing to the rising economy and the rapid growth in the infrastructure sector.
The various suppliers of cladding systems profiled in this report such as Tata Steel Limited (India), Alcoa Inc. (U.S.), Etex Group (Belgium), James Hardie Industries PLC (Ireland), Compagnie de Saint Gobain SA (France), Boral Limited (Australia), Axiall Corporation (U.S.), CSR Limited (Australia), Nichiha Corporation (Japan) and Cembrit Holding A/S (Denmark).
Get a discount on the report of Cladding Systems Market by Material (Wood, Brick & Stone, Vinyl, Stucco & EIFS, Metal, Fiber Cement), Component (Walls, Roofs, Windows & Doors), Function (Insulation, Air & Vapor Control, Precipitation Control), by Application - Forecast to 2021 research at http://www.rnrmarketresearch.com/contacts/discount?rname=633279 .
To determine the market size of various segments and sub-segments of the cladding systems market, extensive secondary research is done. In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (50%), Tier 2 (33%) and Tier 3 (17%) companies were contacted for primary interviews. The interviews were conducted with various key people such as Directors Level (50%), C-level Executives (15%) and others (35%) from various key organizations operating in the global cladding systems market. The primary interviews were conducted worldwide covering regions such as North America (47%), Europe (26%), APAC (16%) and Row (11%).
On a related note, another research on Fiber Cement Market Forecast to 2021 says, the global market for fiber cement is projected to grow from USD 13.75 billion in 2016 to reach USD 17.38 billion by 2021, at an estimated CAGR of 4.80% from 2016 to 2021. Fiber cements roofing to gain maximum traction during the forecast period. Asia-Pacific contributes the maximum market share in 2015. Companies like Etex Group NV (Belgium), James Hardie Industries PLC (Ireland), Evonik Industries AG (Germany),Compagnie de Saint Gobain SA (France), Toray Industries Inc (Japan), CSR Limited (Australia), The Siam Cement Public Company Limited (Thailand), Nichiha Fiber Cement (Japan), Plycem USA, Inc. (U.S.) and Cembrit Holding A/S have been profiled in this 184 pages research report available at http://www.rnrmarketresearch.com/fiber-cement-market-by-material-portland-cement-sand-fiber-and-other-materials-including-paints-and-additives-application-siding-roofing-molding-trim-and-other-applications-end-use-residential-and-non-st-to-2021-market-report.html .
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