Rainscreen Cladding Market Trends

Growth Drivers

• Increasing natural calamities to raise the demand for rainscreen cladding system

The need for rainscreen cladding is rising rapidly, owing to the increase in the occurrence of natural calamities such as tsunami, wildfires, hurricanes and others. Additionally, emergence of new companies and a surge in industrialization are some factors estimated to increase the growth of market over the forecast period.

• Rising constructions activities globally to drive the growth of the market

There is a high growth in the global market owing to the increasing construction activities. Rise in the consumers’ disposable income, specifically in the nations which are developing, is one of the key factors contributing towards the remodeling and renovation activities. This factor is predicted to play a significant role in expansion of the market size. 

• Rising energy crisis and high pollution levels to influence the overall market growth

Huge innovations and advancements are taking place in the industries in order to manage the situations for high pollution levels and energy crises. As rainscreen cladding systems have the capability to manage numerous aspects consisting of heat transfer inside the building, negative wind pressure, water and air filtration, vapor transmission and others, this will ultimately result in the growth of the rainscreen cladding system market in the upcoming years.

Challenges

• Disadvantages associated with rainscreen cladding to limit the growth in the upcoming years
  Rainscreen cladding has several advantages such as managing negative wind pressure, water, air filtration and others. Despite having these many advantages, there are some factors that are estimated to hamper the market growth in coming years. Owing to high price of installation, labor force along with repair, the market growth is predicted to be hampered tremendously, thereby affecting the need for rainscreen cladding material in the coming years.