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(MoneyNewsWire.Net, December 22, 2018 ) The cladding systems market is segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the total demand generated by the global cladding systems market in 2015 because of the willingness of companies in the region to take up capital-intensive projects, along with the availability of technical expertise.
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The global market for cladding systems is projected to grow from USD 173.51 billion in 2016 to reach USD 242.84 billion by 2021, at an estimated CAGR of 6.95% from 2016 to 2021. Growth in the construction industry throughout 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.
There are multiple types of cladding and cladding systems. It is quite difficult to distinguish them from one another, as there are many different materials that can be used for cladding systems. Installation of cladding systems can also be done using various methods. Materials used in cladding systems can be all sorts of metals (zinc, stainless steel, bronze, copper etc.) to rubber, silicone or brick.
The distribution of primary interviews is as follows:
By Company Type: Tier 1 50%, Tier 2 33%, Tier 3 17%
By Designation: Director level 50%, C level 15%, Others 35%
By Region: Asia-Pacific 47%, North America 20%, Europe 16%, RoW 17%
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The various suppliersof cladding systems and related products in the report are as follows:
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)
More Information on 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 research http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=624763 .
Reasons To Buy The Report:
This report will help the market leaders/new entrants in this market in the following ways:
This report segments the market for cladding systems comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions.
This report will help stakeholders to understand the market and provide them information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to better understand their competitors and gain more insights into their position in the business.
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