Cladding Systems Market

Cladding Systems Market - Size, Share, Trends, Outlook,
and Opportunity Analysis, 2018-2026
Cladding systems are used to give a final finish to the building exteriors. They
help protect the building from dust, rain, snow, wind, and other external factors.
Moreover, cladding systems serve decorative functions as well and make
buildings visually appealing. The lifespan of building also increases on
application of cladding. Though it is not a load bearing component, it
contributes in transferring wind and snow loads. It also provides thermal and
sound insulation, thereby increasing energy savings associated with air
conditioning.
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High performance characteristics of the cladding system coupled with rising
construction activities around the world is expected to boost the market growth
over the forecast period. High installation and maintenance costs are expected to
restrain the market growth. In addition to this, shortage of raw material is also a
major issue.
Vinyl is a widely used material in cladding owing to its high durability and
availability in a broad range of colors. Vinyl cladding is highly preferred in
residential applications due to the pleasant finish it offers.
The Grenfell Tower in London, where the fire broke out on June 29, 2017 was
installed with banned cladding system. Stringent regulations in developed
countries lead to more scrutiny on cladding systems, which in turn is expected
to result in new product development. Some of the major players in the cladding
systems market are Tata Steel Limited, Alcoa Inc., Etex Group, Compagnie de
Saint Gobain SA, and CSR Limited.
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Cladding Systems Market report categorizes global market by cladding material, cladding surface, cladding system type, building type, and function - Size, Share, Trends, Outlook, and Opportunity Analysis, 2017-2025

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