The cladding systems provide thermal insulation besides creating an external façade. Cladding also prevents the spreading of fire and also prevents the transmission of sound. Cladding systems can be made from different materials such as brick, concrete, and timber. The rapid rise in construction activities around the globe is driving the growth of the cladding systems market. Modern cladding systems are highly durable and enhance the aesthetic appeal of the buildings. The cladding systems market is expected to grow in the forecast period owing to driving factors such as an increase in building and construction activities coupled with a rise in infrastructure activities. Besides, the high durability of cladding systems further fuels the growth of the cladding systems market. However, the high costs of raw material and installation may hamper the market growth. On the other hand, robust demand for fiber cement in cladding systems is likely to offer lucrative growth opportunities to the key players of the cladding systems market in the coming years.
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Top Key Major Players:-
1.Arconic Inc.
2.Cembrit Ireland Ltd.
3.Compagnie de Saint Gobain SA
4.CSR Limited
5.Etex SA/NV
6.James Hardie Technology Ltd.
7.Kingspan Group
8.Louisiana-Pacific Corporation
9.Tata Steel Europe Limited
10.Westlake Chemical Corporation