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Cladding Systems Market Worth 242.84 Billion USD by 2021


News provided by

MarketsandMarkets

13 Jul, 2016, 17:00 GMT

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PUNE, India, July 13, 2016 /PRNewswire/ --

The report "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" published by MarketsandMarkets, The market is projected to grow from USD 173.51 Billion in 2016 to USD 242.84 Billion by 2021, at an estimated CAGR of 6.95%.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 153 market data Tables and 59 Figures spread through 197 Pages and in-depth TOC on "Cladding Systems Market"

http://www.marketsandmarkets.com/Market-Reports/cladding-system-market-148899031.html
Early buyers will receive 10% customization on this report.

This growth is due to the growing construction activities, globally. Government regulations regarding zero energy building codes also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.

Non-residential sector is projected to gain maximum traction during the forecast period 

The non-residential sector is projected to be the fastest-growing segment from 2016 to 2021. The non-residential sector comprises industrial, commercial, and other applications. New construction and remodeling is expected to increase the demand for cladding systems.

The vinyl segment contributes maximum market share to the cladding systems market 

Vinyl accounted for the largest market share in 2015. This is because of its low cost and easy installation techniques. Vinyl siding is the most preferred siding for residential buildings. Vinyl siding is durable and can last for up to 30 to 40 years. Also, growing construction projects, both residential and commercial, have driven the market in this segment. Other cladding materials include stone & brick, wood, stucco & EIFS, metal, and fiber cement.

Make an Enquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=148899031

Asia-Pacific to play a key role in the growth of the market for cladding systems 

On the basis of key regions, the market for cladding systems is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The Asia-Pacific region is the most attractive market for cladding systems. Rising economy and rapid growth in the infrastructure sector in this region have significantly impacted the growth of the Cladding Systems Market. This region is projected to witness the highest number of new constructions and infrastructural activities in the near future.

The global market for cladding systems is dominated by large players 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)
  • Cembrit Holding A/S (Denmark)

Browse Related Reports 

Precast/Prefabricated Construction Market by Product Type (Floors & Roofs, Walls, Columns & Beams, Others), Construction Type (Modular, Manufactured, Others), End-Use Sector (Residential, Non-Residential, Infrastructure, Others), Region - Trends & Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/prefabricated-construction-market-125074015.html

Dry Construction Market by Type (Supporting Framework & Boarding), Material (Metal, Wood, Plasterboard, Plastic, & Others), System (Wall, Ceiling, Flooring, & Others), Application (Residential & Non- Residential) & Region - Trends and Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/dry-construction-market-230745531.html

About MarketsandMarkets  

MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/packaging
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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