Cladding Systems Market by Material (Ceramic, Wood, Brick & Stone, Vinyl, Stucco & EIFS, Metal, Fiber Cement), Type, Application (Residential, Non-Residential), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2028

Abstract
The cladding systems market is projected to grow from USD 268.4 billion in 2023 to USD 347.7 billion by 2028, at a CAGR of 5.2% from 2023 to 2028. The global cladding systems market has witnessed high growth primarily because of the increasing infrastructure and construction activities worldwide. The global construction industry is expanding, driven by population growth, urbanization, and economic development. Cladding systems play a crucial role in modern architectural designs, offering aesthetic appeal, energy efficiency, and weather protection. The rising demand for new residential, commercial, and industrial buildings fuels the growth of the cladding systems market.

“Ceramic cladding segment to be the fastest growing material during the forecast period”

Ceramic cladding stands out for its exceptional durability and ability to withstand various environmental factors, including weathering, UV radiation, and pollutants. It is a non-combustible material that resists fading and does not degrade over time. These characteristics contribute to its long-lasting nature and minimal maintenance needs, making ceramic cladding an appealing option for both new constructions and renovations. With its longevity and low upkeep requirements, ceramic cladding offers a reliable and practical solution for building exteriors.

“The wall segment is projected to be the fastest growing type in cladding systems market”

Walls are more visible and prominent in the overall appearance of a building. Therefore, architects and designers often prioritize the visual appeal of wall cladding materials to create unique and eye-catching facades. The increasing demand for aesthetically pleasing building exteriors has led to a greater focus on wall cladding solutions. Further, Cladding systems on walls provide an additional layer of protection, preventing moisture intrusion and offering resistance against weathering and environmental pollutants. The need to safeguard the building envelope and enhance its durability has contributed to the growth of wall cladding solutions.

“The residential segment is projected to be the fastest growing application in cladding systems market”

The residential construction sector is experiencing significant growth on a global scale due to factors such as population growth, urbanization, and increased demand for housing. This growth has led to a notable increase in the demand for cladding systems in residential applications. Homeowners and developers now place a higher emphasis on the visual appeal of residential buildings. As a result, cladding systems have become increasingly popular due to their ability to offer a wide array of design options. These systems allow for customizable and aesthetically pleasing exteriors, enabling homeowners to personalize the appearance of their homes by choosing from a variety of cladding materials, textures, colors, and patterns. The desire to create visually appealing residential structures has been a driving force behind the growing adoption of cladding systems in residential projects.

“Asia Pacific accounts for the largest share in cladding systems market by region”

In 2022, Asia Pacific held the largest market share in the cladding systems market, followed by Europe and North America. The Asia Pacific region has experienced notable urbanization and population growth, leading to a higher demand for residential, commercial, and industrial buildings. This surge in construction activities has created a need for cladding systems to enhance the aesthetics, functionality, and durability of structures. Several countries in the Asia Pacific region, such as China, India, and various Southeast Asian nations, have witnessed strong economic growth. This economic expansion has resulted in substantial investments in infrastructure development, including the construction and renovation of buildings. Cladding systems play a vital role in these modern infrastructure projects, further driving the demand for such systems in the region.

Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments and information gathered through secondary research.

The break-up of primary interviews is given below:
•By Company Type - Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
•By Designation – C-Level: 25%, D-Level: 35%, and Others: 40%
•By Region – North America: 20%, Europe: 35%, Asia Pacific: 30%, Middle East & Africa: 10%, and South America: 5%
Notes: *Others include sales, marketing, and product managers.
Notes: Tier 1: >USD 5 Billion; Tier 2: USD 1 Billion– USD 5 Billion; and Tier 3:

Companies Covered:
The companies profiled in this market research report include as Compagnie de Saint-Gobain S.A. (France), DowDuPont (US), Tata Steel Limited (India), Arconic (US), Westlake Chemicals (US), Etex Group (Belgium), James Hardie Industries PLC (Ireland), CSR Limited (Australia), Nichiha Corporation (Japan), Boral Limited (Australia), Louisiana Pacific Corporation (US), and Kingspan PLC (UK) and others.

Research Coverage:
The market study covers the cladding systems market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, material, application, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the cladding systems market.

Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall cladding systems market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (rise in construction and infrastructure activities, increase in non-residential construction and infrastructural activities, and high durability of cladding systems), restraints (high raw material and installation cost) opportunities (increasing demand for protective systems enhancing esthetic appeal of buildings, rise in population and urbanization in emerging economies, increase in demand for sustainable cladding materials, and increase in demand for fiber cement in cladding systems), and challenges (high cost of repairing) influencing the growth of the cladding systems market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cladding systems market
• Market Development: Comprehensive information about lucrative markets – the report analyses the cladding systems market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cladding systems market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like as Compagnie de Saint-Gobain S.A. (France), DowDuPont (US), Tata Steel Limited (India), Arconic (US), Westlake Chemicals (US), Etex Group (Belgium), James Hardie Industries PLC (Ireland), CSR Limited (Australia), Nichiha Corporation (Japan), Boral Limited (Australia), Louisiana Pacific Corporation (US), and Kingspan PLC (UK) among others in the cladding systems market.

Content
Table of Contents

1INTRODUCTION22
1.1STUDY OBJECTIVES22
1.2MARKET DEFINITION22
1.2.1INCLUSIONS & EXCLUSIONS23
1.3MARKET SCOPE23
FIGURE 1CLADDING SYSTEMS: MARKET SEGMENTATION23
1.3.1REGIONAL SCOPE24
1.3.2YEARS CONSIDERED24
1.4CURRENCY CONSIDERED25
TABLE 1USD CONVERSION RATES, 2020–202225
1.5UNITS CONSIDERED25
1.6STAKEHOLDERS26
2RESEARCH METHODOLOGY27
2.1RESEARCH DATA27
FIGURE 2CLADDING SYSTEMS MARKET: RESEARCH DESIGN27
2.1.1SECONDARY DATA28
2.1.1.1Key data from secondary sources28
2.1.2PRIMARY DATA28
2.1.2.1Key data from primary sources29
2.1.2.2Breakdown of primary interviews30
2.2MARKET SIZE ESTIMATION30
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH31
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH31
2.3DATA TRIANGULATION32
FIGURE 5CLADDING SYSTEMS MARKET: DATA TRIANGULATION32
2.4RESEARCH ASSUMPTIONS AND LIMITATIONS33
2.4.1ASSUMPTIONS33
2.4.2LIMITATIONS33
2.4.3GROWTH RATE ASSUMPTIONS33
2.4.4RECESSION IMPACT34
3EXECUTIVE SUMMARY35
3.1INTRODUCTION35
3.2CLADDING SYSTEMS MARKET35
FIGURE 6STUCCO & EIFS MATERIAL SEGMENT TO LEAD CLADDING SYSTEMS MARKET DURING FORECAST PERIOD36
 
FIGURE 7WALLS SEGMENT TO LEAD CLADDING SYSTEMS MARKET36
FIGURE 8NON-RESIDENTIAL SEGMENT TO LEAD CLADDING SYSTEMS MARKET37
FIGURE 9ASIA PACIFIC REGION ACCOUNTED FOR LARGEST SHARE OF CLADDING SYSTEMS MARKET37
4PREMIUM INSIGHTS39
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CLADDING SYSTEMS MARKET39
FIGURE 10RISE IN RESIDENTIAL CONSTRUCTION TO DRIVE CLADDING SYSTEMS MARKET39
4.2ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY MATERIAL AND COUNTRY39
FIGURE 11CHINA ACCOUNTED FOR LARGEST SHARE OF CLADDING SYSTEMS MARKET IN ASIA PACIFIC39
4.3CLADDING SYSTEMS MARKET, BY MATERIAL40
FIGURE 12CERAMIC SEGMENT TO LEAD CLADDING SYSTEMS MARKET DURING FORECAST PERIOD40
4.4CLADDING SYSTEMS MARKET, BY TYPE40
FIGURE 13WALLS SEGMENT TO LEAD CLADDING SYSTEMS MARKET40
4.5CLADDING SYSTEMS MARKET, BY APPLICATION41
FIGURE 14RESIDENTIAL SEGMENT TO BE FASTER-GROWING APPLICATION41
4.6CLADDING SYSTEMS MARKET, BY COUNTRY41
FIGURE 15CLADDING SYSTEMS MARKET IN CHINA TO GROW AT HIGHEST CAGR41
5MARKET OVERVIEW42
5.1INTRODUCTION42
5.2EVOLUTION OF CLADDING SYSTEMS42
FIGURE 16MASONRY AND CONCRETE CLADDING MATERIALS ADOPTED FOR HIGH-RISE BUILDINGS IN EARLY 1900S42
5.3MARKET DYNAMICS43
FIGURE 17DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CLADDING SYSTEMS MARKET44
5.3.1DRIVERS44
5.3.1.1Growth in construction industry44
5.3.1.2Increasing investments in infrastructure45
5.3.1.3High durability of cladding systems45
5.3.2RESTRAINTS46
5.3.2.1High raw material and installation costs46
5.3.3OPPORTUNITIES46
5.3.3.1Rising demand for protective systems to enhance esthetic appeal of buildings46
5.3.3.2Population growth and urbanization in emerging economies46
FIGURE 18INCREASE IN GLOBAL POPULATION BY THREE BILLION DURING LAST THREE DECADES47
5.3.3.3Surge in demand for fiber cement in cladding systems47
5.3.3.4Increase in demand for sustainable cladding materials47
 
5.3.4CHALLENGES48
5.3.4.1High costs of repairing48
6CLADDING SYSTEMS MARKET, BY MATERIAL49
6.1INTRODUCTION50
TABLE 2DECIDING FACTORS WHILE SELECTING A CLADDING MATERIAL50
FIGURE 19CLADDING SYSTEMS MARKET, BY MATERIAL (USD MILLION)50
6.2CLADDING SYSTEMS MARKET, BY MATERIAL51
TABLE 3CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)51
TABLE 4CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)51
6.2.1CERAMIC52
6.2.1.1Increasing demand in construction industry to drive market52
6.2.2WOOD52
6.2.2.1Increasing demand in green buildings to drive market52
TABLE 5PROS AND CONS OF WOOD CLADDING SYSTEMS52
6.2.3STUCCO & EIFS53
6.2.3.1Fire resistance and attractive appearance of stucco to drive demand53
TABLE 6PROS AND CONS OF STUCCO & EIFS CLADDING SYSTEMS53
6.2.4BRICK & STONE53
6.2.4.1Increase in applications in residential sector to drive demand53
TABLE 7PROS AND CONS OF BRICK & STONE CLADDING SYSTEMS54
6.2.5METAL54
6.2.5.1Increasing need for low-cost and durable materials to drive demand54
TABLE 8PROS AND CONS OF METAL CLADDING SYSTEMS54
6.2.6VINYL55
6.2.6.1High preference in residential sector to drive market55
TABLE 9PROS AND CONS OF VINYL CLADDING SYSTEMS55
6.2.7FIBER CEMENT55
6.2.7.1High strength and durability to drive growth55
TABLE 10PROS AND CONS OF FIBER CEMENT CLADDING SYSTEMS55
6.2.8OTHERS56
TABLE 11PROS AND CONS OF WEATHERBOARD AND CONCRETE CLADDING SYSTEMS56
7CLADDING SYSTEMS MARKET, BY TYPE57
7.1INTRODUCTION58
FIGURE 20CLADDING SYSTEMS MARKET, BY TYPE, (USD MILLION)58
TABLE 12CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (USD MILLION)58
TABLE 13CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (MILLION SQ. MT.)59
7.2WALLS59
7.2.1RISE IN RESIDENTIAL AND NON-RESIDENTIAL CONSTRUCTION PROJECTS TO DRIVE DEMAND59
 
7.3ROOFS59
7.3.1ROOFS SEGMENT TO RECORD SECOND-HIGHEST GROWTH RATE59
7.4OTHERS59
8CLADDING SYSTEMS MARKET, BY APPLICATION60
8.1INTRODUCTION61
FIGURE 21CLADDING SYSTEMS MARKET, BY APPLICATION, (USD MILLION)61
TABLE 14CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)61
TABLE 15CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (MILLION SQ. MT.)61
8.2RESIDENTIAL62
8.2.1FAVORABLE POLICIES TO DRIVE SALES OF RESIDENTIAL CONSTRUCTION PROJECTS62
8.3NON-RESIDENTIAL62
8.3.1GROWING NEW NON-RESIDENTIAL CONSTRUCTION ACTIVITIES TO DRIVE DEMAND62
8.3.2NON-RESIDENTIAL MARKET, BY SUBSEGMENT62
TABLE 16CLADDING SYSTEMS MARKET, BY NON-RESIDENTIAL APPLICATION, 2021–2028 (USD MILLION)63
TABLE 17CLADDING SYSTEMS MARKET, BY NON-RESIDENTIAL APPLICATION, 2021–2028 (MILLION SQ. MT.)63
8.3.3INDUSTRIAL63
8.3.4COMMERCIAL63
8.3.5OTHERS64
9CLADDING SYSTEMS MARKET, BY REGION65
9.1INTRODUCTION66
FIGURE 22REGIONAL SNAPSHOT: CLADDING SYSTEMS MARKET GROWTH RATE, BY COUNTRY, 2023–202866
TABLE 18CLADDING SYSTEMS MARKET, BY REGION, 2021–2028 (USD MILLION)67
TABLE 19CLADDING SYSTEMS MARKET, BY REGION, 2021–2028 (MILLION SQ. MT.)67
9.2ASIA PACIFIC67
FIGURE 23ASIA PACIFIC: CLADDING SYSTEMS MARKET SNAPSHOT68
TABLE 20ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)69
TABLE 21ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (MILLION SQ. MT.)69
TABLE 22ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)70
TABLE 23ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)70
TABLE 24ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (USD MILLION)71
TABLE 25ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (MILLION SQ. MT.)71
TABLE 26ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)71
TABLE 27ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (MILLION SQ. MT.)72
9.2.1CHINA72
9.2.1.1To grow at the highest rate throughout forecast period72
TABLE 28CHINA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)73
TABLE 29CHINA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)73
9.2.2JAPAN74
9.2.2.1Stucco & EIFS segment to grow at highest CAGR74
TABLE 30JAPAN: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)74
TABLE 31JAPAN: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)75
9.2.3INDIA75
9.2.3.1Ceramic segment to grow at highest rate75
TABLE 32INDIA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)76
TABLE 33INDIA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)76
9.2.4AUSTRALIA77
9.2.4.1Brick & stone segment to account for largest share77
TABLE 34AUSTRALIA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)77
TABLE 35AUSTRALIA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)78
9.2.5SOUTH KOREA78
9.2.5.1Brick & stone segment to lead market78
TABLE 36SOUTH KOREA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)79
TABLE 37SOUTH KOREA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)79
9.2.6REST OF ASIA PACIFIC80
TABLE 38REST OF ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)80
TABLE 39REST OF ASIA PACIFIC: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)81
9.3EUROPE81
TABLE 40EUROPE: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)82
TABLE 41EUROPE: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (MILLION SQ. MT.)82
TABLE 42EUROPE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)83
TABLE 43EUROPE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)83
TABLE 44EUROPE: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (USD MILLION)84
TABLE 45EUROPE: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (MILLION SQ. MT.)84
TABLE 46EUROPE: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)84
TABLE 47EUROPE: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (MILLION SQ. MT.)85
9.3.1GERMANY85
9.3.1.1Fiber cement segment to witness high growth85
TABLE 48GERMANY: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)85
TABLE 49GERMANY: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)85
9.3.2FRANCE86
9.3.2.1Non-residential projects to provide growth opportunities86
TABLE 50FRANCE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)87
TABLE 51FRANCE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)87
9.3.3UK88
9.3.3.1Construction & renovation activities to boost demand88
TABLE 52UK: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)88
TABLE 53UK: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)89
9.3.4ITALY89
9.3.4.1Growing housing sector to propel market89
TABLE 54ITALY: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)90
TABLE 55ITALY: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)90
9.3.5SPAIN91
9.3.5.1Increasing adoption of lightweight and durable cladding materials to drive market91
TABLE 56SPAIN: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)91
TABLE 57SPAIN: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)92
9.3.6REST OF EUROPE92
TABLE 58REST OF EUROPE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)92
TABLE 59REST OF EUROPE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)93
 
9.4NORTH AMERICA93
TABLE 60NORTH AMERICA: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)93
TABLE 61NORTH AMERICA: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (MILLION SQ. MT.)94
TABLE 62NORTH AMERICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)94
TABLE 63NORTH AMERICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)95
TABLE 64NORTH AMERICA: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (USD MILLION)95
TABLE 65NORTH AMERICA: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (MILLION SQ. MT.)96
TABLE 66NORTH AMERICA: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)96
TABLE 67NORTH AMERICA: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (MILLION SQ. MT.)96
9.4.1US97
9.4.1.1US to account for largest share in North American market97
TABLE 68US: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)97
TABLE 69US: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)98
9.4.2CANADA98
9.4.2.1Vinyl segment to grow at highest CAGR98
TABLE 70CANADA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)99
TABLE 71CANADA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)99
9.4.3MEXICO100
9.4.3.1Increase in commercial construction to create significant demand100
TABLE 72MEXICO: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)100
TABLE 73MEXICO: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)101
9.5MIDDLE EAST & AFRICA101
TABLE 74MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)102
TABLE 75MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (MILLION SQ. MT.)102
TABLE 76MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)103
TABLE 77MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)103
TABLE 78MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (USD MILLION)104
TABLE 79MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (MILLION SQ. MT.)104
TABLE 80MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)104
TABLE 81MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (MILLION SQ. MT.)105
9.5.1TURKEY105
9.5.1.1Turkey to lead market in region105
TABLE 82TURKEY: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)105
TABLE 83TURKEY: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)106
9.5.2SAUDI ARABIA106
9.5.2.1To be second-fastest-growing market106
TABLE 84SAUDI ARABIA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)107
TABLE 85SAUDI ARABIA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)107
9.5.3UAE108
9.5.3.1Phenomenal growth in construction sector to drive market108
TABLE 86UAE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)108
TABLE 87UAE: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)109
9.5.4SOUTH AFRICA109
9.5.4.1Rapid urbanization and demand for sustainable buildings to drive market109
TABLE 88SOUTH AFRICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)110
TABLE 89SOUTH AFRICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)110
9.5.5REST OF MIDDLE EAST & AFRICA111
TABLE 90REST OF MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)111
TABLE 91REST OF MIDDLE EAST & AFRICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)111
9.6SOUTH AMERICA112
TABLE 92SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)112
TABLE 93SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY COUNTRY, 2021–2028 (MILLION SQ. MT.)112
TABLE 94SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)113
TABLE 95SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)113
TABLE 96SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (USD MILLION)114
TABLE 97SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY TYPE, 2021–2028 (MILLION SQ. MT.)114
TABLE 98SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)114
TABLE 99SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY APPLICATION, 2021–2028 (MILLION SQ. MT.)115
9.6.1BRAZIL115
9.6.1.1To account for largest share in South America115
TABLE 100BRAZIL: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)115
TABLE 101BRAZIL: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)116
9.6.2ARGENTINA116
9.6.2.1Increasing construction investments to drive market116
TABLE 102ARGENTINA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)117
TABLE 103ARGENTINA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)117
9.6.3REST OF SOUTH AMERICA118
TABLE 104REST OF SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (USD MILLION)118
TABLE 105REST OF SOUTH AMERICA: CLADDING SYSTEMS MARKET, BY MATERIAL, 2021–2028 (MILLION SQ. MT.)119
10COMPETITIVE LANDSCAPE120
10.1INTRODUCTION120
10.2STRATEGIES ADOPTED BY KEY PLAYERS120
FIGURE 24OVERVIEW OF STRATEGIES ADOPTED BY CLADDING SYSTEM MANUFACTURERS120
10.3MARKET SHARE ANALYSIS121
10.3.1RANKING OF KEY MARKET PLAYERS121
FIGURE 25RANKING OF TOP FIVE PLAYERS IN CLADDING SYSTEMS MARKET, 2022121
10.3.2MARKET SHARE OF KEY PLAYERS, 2022122
TABLE 106CLADDING SYSTEMS MARKET: INTENSITY OF COMPETITIVE RIVALRY122
FIGURE 26CLADDING SYSTEMS MARKET SHARE, BY COMPANY (2022)123
10.3.2.1Dow Inc.123
10.3.2.2Compagnie de Saint-Gobain S.A.123
10.3.2.3Tata Steel Limited123
10.3.2.4Arconic124
10.3.2.5Westlake Chemical124
10.4COMPANY EVALUATION MATRIX124
10.4.1STARS124
10.4.2PERVASIVE PLAYERS124
10.4.3EMERGING LEADERS124
10.4.4PARTICIPANTS125
FIGURE 27CLADDING SYSTEMS MARKET: COMPANY EVALUATION MATRIX, 2022125
 
10.5STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT126
10.5.1PROGRESSIVE COMPANIES126
10.5.2RESPONSIVE COMPANIES126
10.5.3STARTING BLOCKS126
10.5.4DYNAMIC COMPANIES126
FIGURE 28STARTUP/SMES EVALUATION FOR CLADDING SYSTEMS MARKET127
10.6COMPETITIVE SITUATIONS AND TRENDS128
10.6.1DEALS128
TABLE 107CLADDING SYSTEMS MARKET: DEALS (2019 TO 2023)128
11COMPANY PROFILES132
(Business overview, Products/Solutions/Services, Recent Developments, MNM view)*
11.1KEY COMPANIES132
11.1.1COMPAGNIE DE SAINT-GOBAIN S.A.132
TABLE 108COMPAGNIE DE SAINT-GOBAIN S.A.: COMPANY OVERVIEW132
FIGURE 29COMPAGNIE DE SAINT-GOBAIN S.A.: COMPANY SNAPSHOT133
TABLE 109COMPAGNIE DE SAINT-GOBAIN S.A.: PRODUCTS OFFERED133
TABLE 110COMPAGNIE DE SAINT-GOBAIN S.A.: DEALS134
11.1.2DOW INC.137
TABLE 111DOW INC.: COMPANY OVERVIEW137
FIGURE 30DOW INC.: COMPANY SNAPSHOT138
TABLE 112DOW INC.: PRODUCTS OFFERED138
11.1.3TATA STEEL LIMITED140
TABLE 113TATA STEEL LIMITED: COMPANY OVERVIEW140
FIGURE 31TATA STEEL LIMITED: COMPANY SNAPSHOT141
TABLE 114PRODUCTS/SOLUTIONS/SERVICES OFFERED TATA STEEL LIMITED: PRODUCTS OFFERED141
11.1.4ARCONIC CORPORATION143
TABLE 115ARCONIC CORPORATION: COMPANY OVERVIEW143
FIGURE 32ARCONIC CORPORATION: COMPANY SNAPSHOT143
TABLE 116ARCONIC CORPORATION: PRODUCTS OFFERED144
11.1.5WESTLAKE CORPORATION145
TABLE 117WESTLAKE CORPORATION: COMPANY OVERVIEW145
FIGURE 33WESTLAKE CORPORATION: COMPANY SNAPSHOT145
TABLE 118WESTLAKE CORPORATION: PRODUCTS OFFERED145
TABLE 119WESTLAKE CORPORATION: DEALS146
11.1.6ETEX GROUP147
TABLE 120ETEX GROUP: COMPANY OVERVIEW147
FIGURE 34ETEX GROUP: COMPANY SNAPSHOT148
TABLE 121ETEX GROUP: PRODUCTS OFFERED148
TABLE 122ETEX GROUP: DEALS149
11.1.7JAMES HARDIE INDUSTRIES PLC150
TABLE 123JAMES HARDIE INDUSTRIES PLC: COMPANY OVERVIEW150
FIGURE 35JAMES HARDIE INDUSTRIES PLC: COMPANY SNAPSHOT150
TABLE 124JAMES HARDIE INDUSTRIES PLC: PRODUCTS OFFERED151
TABLE 125JAMES HARDIE INDUSTRIES PLC: OTHERS151
11.1.8CSR LIMITED152
TABLE 126CSR LIMITED: COMPANY OVERVIEW152
TABLE 127CSR LIMITED: PRODUCTS OFFERED152
11.1.9NICHIHA CORPORATION153
TABLE 128NICHIHA CORPORATION: COMPANY OVERVIEW153
TABLE 129NICHIHA CORPORATION: PRODUCTS OFFERED153
11.1.10BORAL LIMITED155
TABLE 130BORAL LIMITED: BUSINESS OVERVIEW155
TABLE 131BORAL LIMITED: PRODUCTS OFFERED155
*Details on Business overview, Products/Solutions/Services, Recent Developments, MNM view might not be captured in case of unlisted companies.
11.2OTHER PLAYERS156
11.2.1SWISSPEARL GROUP AG156
TABLE 132SWISSPEARL GROUP AG: COMPANY OVERVIEW156
11.2.2LOUISIANA PACIFIC CORPORATION156
TABLE 133LOUISIANA PACIFIC CORPORATION: COMPANY OVERVIEW156
11.2.3KINGSPAN GROUP PLC157
TABLE 134KINGSPAN GROUP PLC: COMPANY OVERVIEW157
11.2.4COVERWORLD UK157
TABLE 135COVERWORLD UK: COMPANY OVERVIEW157
11.2.5WESTMAN STEEL158
TABLE 136WESTMAN STEEL: COMPANY OVERVIEW158
11.2.6CA GROUP LIMITED158
TABLE 137CA GROUP LIMITED: COMPANY OVERVIEW158
11.2.7ARCELORMITTAL159
TABLE 138ARCELORMITTAL: COMPANY OVERVIEW159
11.2.8CAREA159
TABLE 139CAREA: COMPANY OVERVIEW159
11.2.9TIMCO160
TABLE 140TIMCO: COMPANY OVERVIEW160
11.2.10MIDDLE EAST INSULATION LLC160
TABLE 141MIDDLE EAST INSULATION LLC: COMPANY OVERVIEW160
11.2.11TRESPA INTERNATIONAL B.V.161
TABLE 142TRESPA INTERNATIONAL B.V.: COMPANY OVERVIEW161
11.2.12DUMAPLAST161
TABLE 143DUMAPLAST: COMPANY OVERVIEW161
11.2.13ACCORD FLOORS162
TABLE 144ACCORD FLOORS: COMPANY OVERVIEW162
12APPENDIX163
12.1DISCUSSION GUIDE163
12.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL167
12.3CUSTOMIZATION OPTIONS169
12.4RELATED REPORTS169
12.5AUTHOR DETAILS170