Rebound in Construction Spending in High-Income Countries to Drive the Cladding Systems Market

Published: Aug 2019

The global cladding systems market is anticipated to grow in correspondence with the construction industry across the globe. Cladding systems are made from various types of materials including wood, stone and brick, metal, concrete, fiber cement, and vinyl, among others. Cladding systems offer multiple benefits, including fire resistance, pollution prevention, insulation, and provides aesthetic appeal to a building as well. They can be installed over windows, door, roof, walls, or other components of buildings exposed to external environmental forces. Increasing commercial and residential construction and infrastructure activities are some of the primary factors contributing to the growth of the cladding systems market.

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Demand in residential building applications is expected to benefit from rising personal income levels in developing countries, allowing more individual to afford homes built with multilayer construction techniques that utilize cladding systems. Rebounds in commercial construction spending in numerous high-income countries coupled with strong commercial building activities in developing countries will also drive the cladding systems market. Ceramic tile plays an important role in the construction industry as it is the most used tile for cladding system. In commercial and residential landscape, ceramic tiles improve the overall atmosphere. Several factors play a role in the selection of these tiles, including design templates, durability, safety, ease of maintenance, style, among more.

The ceramic tiles are utilized in the extensive application, ranging from kitchen and bathrooms in households to medical centers, laboratories, school, shopping centers, government buildings, and schools, among more. Additionally, fiber cement can replicate the look of wood and vinyl cladding, increasing its appeal to customers. Fiber cement has multiple benefits since it is impact resistant, does not rot, has fireproof properties, and is resistant to termites Fiber cement products are expected to show positive results in North America.

Tata Steel Ltd., ALUMIL Aluminium Industry SA, James Hardie Building Products, Inc., Boral Ltd., Saint-Gobain S.A., and Kingspan Group PLC are some of the global leaders in the cladding systems industry. These companies account for substantial shares supported by their broad geographic presence, wide-ranging product portfolios, and adoption of growth strategies, among more. Investments, mergers, expansions, acquisitions, new products development have been some of the primary growth strategies implemented by these companies to gain significant grounds in the cladding systems market.

Current Market Trends Covered in the Report:

  • Increasing Demand from Commercial and Residential Buildings
  • Brick and Stone to be the Most Lucrative Segment
  • Rebounds in Commercial Construction Spending
  • Increasing Infrastructure Activities
  • Ceramic Tiles to Record Significant Growth Rate

Global Cladding Systems Market - Segmentation

By Material

  • Brick & Stone
  • Ceramic
  • Wood
  • Metal
  • Vinyl
  • Others

By Application

  • Residential
  • Non-Residential

Global Cladding Systems Market –Region

North America           

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific    

  • China
  • India
  • Japan
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

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