What is a Rainscreen cladding?
Rainscreen cladding is the attachment
of an outer skin of rear-ventilated cladding to a new or existing building. The
system is a form of double-wall construction that uses an outer layer to keep
out the rain and an inner layer to provide thermal insulation, prevent
excessive air leakage and carry wind loading.
Global
Rainscreen Cladding Market size is expected to reach USD 14.0 billion by
2024. Rain screen cladding is an attachment of the outer skin with a ventilated
& drained cavity provided to a new or existing building infrastructure. The
main purpose of rain screen cladding is to protect the exterior wall of a
building from rainwater and prevent it from penetrating the interior of the
property. The market size is expected to register a CAGR of 7.6% in the
upcoming period as the scope, product types, and its applications are
increasing across the globe. It provides some advantages such as lightweight
material, thermal insulation, improved external appearance and acoustic
performance of the buildings. Demand for these products has increased
significantly due to promotion by International Energy Agency and World Green
Building Council.
In
rain screen cladding, some raw materials are used such as fiber cement, metal,
composite material, terracotta, high pressure laminates, ceramic, and others.
Composites are the leading raw material for the manufacture of rain screen
cladding owing to properties like durability, higher strength and flexibility.
The “fiber cement” segment is anticipated to hold the highest market share over
the forecast period. This material can resist the growth of mold, fungi, and
bacteria. These materials are gaining increasing importance as they require no
special tools for installation.
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Metals
are lightweight and easy to install. Metals such as zinc, aluminum, and steel
are used for various applications. They offer some advantages like aesthetic
appeal, sound & thermal insulation and fire resistance. Metals are mostly
used due to their rigidity, superior flatness, excellent tensile strength and
stability under changing thermal conditions. The factors that play an important
role in the growth of rain screen cladding market include increasing demand,
growing population, increasing urbanization & industrialization, growing
demand for energy efficient buildings construction, growing construction
industry, emerging need for exterior wall protection, technological
advancements and stringent government rules & regulations. Moreover,
increasing demand of eco-friendly buildings due to stringent government
regulations, rising awareness about environmental degradation, changing
lifestyle, and rising disposable income are main factors driving the growth of
market in the next couple of years.
However,
high installation and maintenance cost are negatively impacting the growth of
rain screen cladding industry. The market is widely analyzed based on different
regional factors such as gross domestic product (GDP), demographics,
acceptance, inflation rate, and others. The market is categorized based on raw
material, application and geography. The market is classified into application
such as commercial, residential, offices, industrial and institutional. The
“offices” segment is expected to hold the largest market share in the upcoming
period due to increasing refurbishment of office structures.
Additionally,
the “residential” application is projected to grow at the higher CAGR during
the forecast period. The increasing expenditure on affordable housing schemes
in developing countries, growing over-cladding activities on existing buildings
and stringent government rules & regulations for developing green buildings
are anticipated to boost the demand for rain screen cladding in the residential
sector.
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Asia
Pacific has been at the forefront with regards to rain screen cladding market
and will continue to rule the roost in the years to come. The increasing
population in developing countries, coupled with high demand for affordable
government & housing schemes promoting energy efficiencies and growing
construction industry are major factors drive the market growth
in this region.
The
key players contributing to the robust development of the rain screen cladding
market include King span Insulation plc, Lakesmere International Ltd., Dow
Building Solutions, Ash & Lacy Building System Ltd., Carea Ltd., Booth
Muirie Ltd., Celotex Ltd., E.I. DuPont de Nemours & Co., CGL Facades Co.,
MF Murray Company, Kalzip Ltd., Rockwool International A/S, NvelopeRainscreen
System Ltd. and TAKTL LLC. These market players are focusing on inorganic
growth to sustain themselves amidst fierce competition. As such, mergers,
acquisitions, and joint ventures are the need of the hour.
Market
Segment:
Rainscreen
Cladding Raw Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD
Million, 2014 - 2024)
• Fiber Cement
• Composite Material
• Metal
• High Pressure Laminates
• Terracotta
• Ceramic
• Others
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