End-User (Residential, Commercial, Industrial)
The commercial segment is anticipated to hold 55% share of the global fiber cement rainscreen panels market by 2037 due to the growing demand for commercial spaces and the increasing investment in constructing commercial towers is propelling the segment growth. Additionally, the rising application of fiber cement cladding in commercial buildings as they enhance the exterior appearance of the buildings and are durable and economical material. They provide long-term protection against fire, water, and changing thermal conditions.
Fiber cement rainscreen panels market from residential segment is counted to witness significant growth in the upcoming years. The segment growth is backed by the growing aesthetical requirements in new residential constructions. As fiber cement rainscreen panels are extensively in demand for wall cladding and are manufactured in several textures, their demand in residential buildings is escalating.
Type (Ultra-Thin Panels, Thick Panels, Super Thick Panels, Conventional Panels)
The ultra-thin segment in the fiber cement rainscreen panels market is projected to generate the highest share by the year 2037. The rising advances in manufacturing materials and the growing application of ultra-thin cladding to protect the construction, and provide thermal insulation, together with enhancing the exterior appearance of the buildings is projected to boost the segment growth.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Rajrani Baghel
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