Author: Prithu Chawla, Senior Research Analyst
19 February 2025
According to a new report by UnivDatos, the Rainscreen Cladding Market is expected to reach USD 206.7 Billion in 2032 by growing at a CAGR of 6.1%. Mergers and acquisitions within the rainscreen cladding market have recently highlighted a consolidation and capabilities enhancing trend among key players. For instance, in September 2024, Kingspan Group acquired the Texas-based IB Roof Systems, to expand its presence in the North American market and broaden its product offerings. The acquisition is Kingspan's first foray into the U.S. single-ply roofing space. The company said the IB purchase offers it an immediate and established position within the PVC membrane category. It also coincides with Kingspan's independent investments in TPO membrane and polyiso insulation board manufacturing in Oklahoma and Maryland. Similarly, in October 2021, Kingspan acquired US-based insulation board maker Minnesota Diversified Products in a move to expand its US client base and core building insulation business.
Owing to rapid urbanization and infrastructure development, countries such as India, China, and Japan are expected to be major growth sources for the Rainscreen Cladding Market. Government policies of sustainable construction, including India’s National Building Code and China’s Green Building Initiative, are creating a good environment for market expansion. Initiatives supporting the use of energy efficient materials and designs offer building stock developers the incentive to use such systems as rainscreen cladding. The rainscreen cladding market rides well with supportive regulatory frameworks and growing investments in green building technologies, as the global impetus for sustainability is on the rise.
The need for sustainable construction and maintenance practices due to growing globalization and environmental consciousness is considered a factor that propels the demand for rainscreen cladding. Increased concern over global warming and a call for decreased emission of carbon into the atmosphere has seen a shift towards construction materials that enhance energy efficiency and green building. Rainscreen cladding systems also have benefits in that they make it possible to create a space between the outer and inner skins of the building that helps control the inside temperature of the building and therefore save energy. For instance, builders are now using composite material as well as fiber cement panels as rainscreen systems because they are friendly to the environment or can be recycled. A real-life example is the Bosco Verticale (Vertical Forest) in Milan, Italy where proper use of sustainable elements and cladding systems were installed to make the buildings environment friendly and energy efficient.
With the expansion of city infrastructure and infrastructure development particularly in the developing and emerging economies the rainscreen cladding market has another strong driving force. Continued population growth and construction demands have forced the use of rainscreen cladding to give buildings the necessary protection against adverse weather conditions and enhance the aesthetic appearance of structures. Since most people are moving to the towns and cities in search of employment opportunities, there is high demand for building new hi-rise ‘green’ structures; offices, apartments, and other commercial and residential structures which rainscreen cladding enhances via added protection and beauty. A clear example of this is rainscreen cladding particularly in new generation skyscrapers and other commercial buildings in Dubai, where temperatures soar, and dust almost achieves legendary status.
The modern architectural urge for carefully styled and stylistically clean building structures has led to the application of rainscreen cladding systems. These systems provide numerous nearly limitless options for architects and designers to select and arrange colors, textures, and materials to give unique facades or cladding. Rainscreen cladding goes beyond changing the aesthetic face of the building by adding value since it serves increased functionality and durability. For example, in Zaha Hadid Architects’ buildings like Heydar Aliyev Center in Baku, Azerbaijan new cladding systems enabled architects to design continuous forms of curves attached to the structure. This example explains how rainscreen cladding is useful when considering how to bring designs into building projects.
Tight compartmentalization, energy efficiency, fire protection, and sustainable building code standards for construction have enhanced the use of rainscreen cladding systems. International governments and other authorities have implemented policies designed to make the newly constructed and existing buildings conform to energy performance standards. Rainscreen cladding is useful to builders and property developers in that it allows them to effectively achieve these requirements of the building code through a system that offers insulation, protection from moisture, and fire resistance ratings. For instance, in the aftermath of the Grenfell Tower fire in the United Kingdom new regulations require that most high-rise residential buildings use materials that have certain acceptable fire safety standards. This has compelled more concern about non-combustible and fire-resistant materials to use in cladding systems, this emphasizes the calls for better and compliant rainscreen cladding systems to be used in the construction of buildings.
The drivers that impact the rainscreen cladding market include sustainability consciousness, urbanization appeal of rainscreen cladding, and social regulation discount on aesthetics all combine to point to an exciting and steadily changing market. More and more, rainscreen cladding systems are playing a crucial role as the construction industry remains focused on energy conservation and green solutions. This is not only functional in the sense that it improves on the insulation, the weather-resistance factors as well as the overall tectonic praxis but also allows for visually aesthetic and functional architectural expressions. Where there are higher standards of construction and an increase in infrastructural facilities in the urban areas there will be a high demand for better and compliant claddings. This makes the rainscreen cladding market ready for further growth since it satisfies the need for construction in the present age and is environment-friendly.
Market Size, Trends, & Forecast by Revenue | 2024−2032
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by Material and Application
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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