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Cladding Systems Market by Material, Component, Function, by Application - Forecast to 2021

Cladding Systems Market: Forecast until 2021

  • July 2016
  • 199 pages
  • ID: 3990248
In this report:
ADDITIONALLY, NON-RESIDENTIAL CONSTRUCTION SPENDING, WHICH INCLUDES COMMERCIAL AND INDUSTRIAL SPENDING, IS PROJECTED TO EXPERIENCE A GROWTH OF ##% AND INSTITUTIONAL ACTIVITIES ARE EXPECTED TO GROW BY ##% BY 2016.
ACCORDING TO THE U.S. CENSUS BUREAU, THE CONSTRUCTION INDUSTRY WAS WORTH USD ##.## BILLION IN MARCH 2016, WHICH WAS AN ##% GAIN AS COMPARED TO THE CONSTRUCTION SPENDING IN THE SAME MONTH LAST YEAR.

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"Growing construction industry to drive the sector for cladding systems across the world"

The overall market for cladding systems is forecasted to grow from ~$173.5B in 2016 to attain ~$242.8B by 2021, at an estimated compound annual growth rate of ~6.9 percent from 2016 to 2021. Increase in the construction industry overall 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.

"Metal cladding systems to benefit maximum traction during the estimate period"

The metal cladding systems segment is intended to be the quickest-growing segment in the cladding systems market in the upcoming five years. Metal cladding is durable and aesthetically pleasing. It is also eco-friendly and can be fully recycled. Metal cladding is primarily used in non-residential buildings, particularly in industrial and commercial.

"North America continent recorded for the biggest market share in 2015"

The industry for cladding systems is broken down on the basis of area into North America (NA), Europe (EU), Asia Pacific (APAC), and the Rest of the globe. North America continent recorded for the biggest share of the total demand generated by the overall cladding systems market in 2015 because of the willingness of firms in the territory to take up capital-intensive projects, together with the availability of technical expertise. The Asia Pacific (APAC) area is forecasted to be the quickest developing market for cladding systems during the outlook period, due to the growing economy and the fast growth in the infrastructure market.

Key players' distribution profiles:

Primary Q&A were managed with a number of industry experts in order to gather info associated to various aspects of cladding systems. The classification of primaries interviews is like:

- By Company Type: Tier 1 - 50.0 percent, Tier 2 - 33.0 percent, Tier 3 - 17.0 percent

- By Description: D-level - 50.0 percent, C-suite - 15.0 percent, Others - 35.0 percent

- By area: Asia-Pacific - 47.0 percent, North america (NA) - 20.0 percent, Europe - 16.0 percent, RoW - 17.0 percent

REASONS TO BUY THE REPORT:

This market report will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the market for cladding systems comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. This business report will facilitate partners to comprehend the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector.

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