Cladding systems are a sort of building envelope that employs panels or boards composed of a range of materials, including metal, vinyl, wood, composite materials, and stone. These panels are intended to protect the exterior of a structure from the weather while also making it more aesthetically beautiful. Cladding systems can also be used to provide insulation and improve acoustic performance.
According to a research report “Cladding Systems Industry by Material (Ceramic, Wood, Brick & Stone, Vinyl, Stucco & EIFS, Metal, Fiber Cement), Use, Application (Residential, Non-Residential), and Region (North America, Europe, APAC, MEA, South America) – Global Forecast to 2026″ published by MarketsandMarkets. The global cladding systems market size is estimated to be USD 234.1 billion in 2021 and is projected to reach USD 306.9 billion by 2026, at a CAGR of 5.6% during the forecast period.
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The cladding systems market encompasses a variety of materials used for exterior cladding applications in construction. These materials provide protection, insulation, and aesthetic appeal to buildings. Here are the different materials commonly used in cladding systems:
- Ceramic: Ceramic cladding systems, such as ceramic tiles or porcelain panels, offer durability, versatility, and a wide range of design options. They are known for their resistance to weathering, fire, and UV radiation, making them suitable for both residential and commercial applications.
- Wood: Wood cladding systems provide a natural and warm aesthetic to buildings. Different types of wood, such as cedar, oak, or pine, can be used for cladding purposes. Wood cladding requires regular maintenance to preserve its appearance and protect it from moisture and insect damage.
- Brick & Stone: Brick and stone cladding systems offer a timeless and traditional look to buildings. They are durable, fire-resistant, and require minimal maintenance. Materials like brick, natural stone, and cultured stone are commonly used for their aesthetic appeal and long-lasting performance.
- Vinyl: Vinyl cladding systems are popular due to their affordability, low maintenance requirements, and wide range of colors and styles. Vinyl cladding is lightweight, easy to install, and provides insulation and weather resistance.
- Stucco & EIFS (Exterior Insulation and Finish System): Stucco and EIFS are popular cladding systems that provide excellent insulation and energy efficiency. Stucco is a traditional cladding material made from cement, sand, and water, while EIFS consists of an insulation layer covered with a synthetic stucco-like finish. Both systems offer durability, versatility, and design flexibility.
- Metal: Metal cladding systems, such as aluminum, steel, or zinc, are known for their durability, low maintenance, and contemporary aesthetics. Metal cladding is lightweight, weather-resistant, and can be formed into various shapes and profiles. It is often used in modern architectural designs.
- Fiber Cement: Fiber cement cladding systems are composed of a mixture of cement, cellulose fibers, and sand. They offer durability, fire resistance, and low maintenance. Fiber cement cladding is available in various finishes, including smooth, textured, and wood grain, providing design versatility.
Stucco & EIFS segments hold a larger share by value for the cladding systems market
Both stucco and EIFS (façade Insulation and Finishing technologies) are cladding technologies used to improve the appearance and energy efficiency of a building’s façade. In terms of market share, these two segments account for more than 60% of the total cladding systems market in terms of value. The potential of these cladding systems to provide greater insulation, reduce air penetration, and boost building performance has resulted in a considerable increase in demand in recent years. The growing trend towards green building and energy efficiency has aided the expansion of these areas. Furthermore, urbanization and the growing need for aesthetically pleasing structures have fueled the expansion of the cladding systems industry.
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Wall cladding segment accounts for the largest share of the cladding systems market
The cladding systems market is dominated by the wall cladding sector. This is because wall cladding protects the building structure, lowers energy expenses, and improves the overall aesthetic appeal of the room. It also provides great sound and heat insulation, which makes it popular in business and residential structures. Other segments that contribute to the overall market share include roof cladding, external façade cladding, and internal cladding.
By volume, Non- Residential application accounts for a larger cladding systems market share
Non-residential applications are expected to account for a greater percentage of the global cladding systems market than residential applications. This is mostly due to increased demand for commercial and industrial building construction operations around the world. The growing need for warehouses, manufacturing plants, and other industrial buildings is likely to drive the growth of the non-residential cladding systems market. Furthermore, the growing trend of green buildings and sustainable construction is likely to boost the non-residential cladding systems market.
Asia Pacific accounts for a larger share of the cladding systems market by volume and value
In terms of volume and value, the Asia Pacific region is the largest contributor to the cladding systems market, accounting for around 43.6% of the global market in 2020. This is due to the region’s high demand for cladding systems, which is being driven by the region’s expanding construction industry and increased investments in infrastructure development. Furthermore, the region is seeing fast urbanisation, which is resulting in the development of residential and commercial buildings, driving demand for cladding systems even higher. Furthermore, growing consumer knowledge of the benefits of cladding systems, such as better insulation and fire resistance, is contributing to the region’s market growth.
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A few of the key players in the cladding systems market are Tata Steel Limited (India), Compagnie de Saint-Gobain S.A. (France), James Hardie Industries PLC (Ireland), DowDuPont (US), Arconic (US), Louisiana Pacific Corporation (US), Westlake Chemicals (US), Boral Limited (Australia), Etex Group (Belgium), Kingspan PLC (UK), CSR Limited (Australia), Cembrit Holding A/S (Denmark), Nichiha Corporation (Japan) and others.
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