Wilmington, Delaware, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Global Metal Cladding Market is pegged at a market size of US$ 31.3 billion in 2023 and is expected to grow at a significant CAGR of over 5% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
The technique of attaching a thin layer of metal to the surface of another material is referred to as metal cladding. This technique is frequently employed in construction and architectural projects to improve building beauty, durability, and weather resistance.
Metal cladding requires less upkeep than traditional painting or other finishing procedures. Metal surfaces are easy to clean and stain-resistant, making them ideal for buildings in polluted urban regions. Property owners and developers are drawn to metal cladding systems because of the low maintenance requirements.
- According to a deep-dive market assessment by RationalStat, the global metal cladding market has been analyzed on the basis of market segments, including product type, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global metal cladding market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global metal cladding market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Metal Cladding Market: Segmental and Market Share Analysis
- On the basis of product type, copper cladding segment is expected to dominate the global metal cladding market as its demand is substantially high fir its effective features.
- On the basis of application, the commercial segment accounts for the majority of market share and is expected to grow at the fastest CAGR throughout the forecast period.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 31.3 billion |
| Market Size Forecast | US$ 44 billion |
| Growth Rate | 5% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global metal cladding market include,
- In August 2020, Tata Steel introduced Urban Seam® Façade, a new A1 fire rated steel standing seam cladding system that provides a modern look while also exceeding the current building requirements' fire safety standards.
Some of the prominent players and suppliers operating and contributing significantly to the global metal cladding market growth include ASTEC Industries Inc., Zahner, ArcelorMittal Construction, Anclajes Grapamar S.L, Ancon Limited, ATAS International, BASF, Bemo Systems, BlueScope Stee, Huntsman Corporation, James & Taylor, Kalzip Ltd, and POHL Fassaden (Christian Pohl GmbH) among others.
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RationalStat has segmented the global metal cladding market based on product type, application and region
- Global Metal Cladding Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product Type
- Zinc Cladding
- Copper Cladding
- Galvanized Steel Cladding
- Titanium Cladding
- Aluminum Cladding
- Brass Cladding
- Bronze Cladding
- Global Metal Cladding Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- Residential
- Commercial
- Industrial
- Global Metal Cladding Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Metal Cladding Market
- US
- Canada
- Latin America Metal Cladding Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Metal Cladding Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Metal Cladding Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Metal Cladding Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Metal Cladding Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Metal Cladding Market
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Key Questions Answered in the Metal Cladding Report:
- What will be the market value of the global metal cladding market by 2030?
- What is the market size of the global metal cladding market?
- What are the market drivers of the global metal cladding market?
- What are the key trends in the global metal cladding market?
- Which is the leading region in the global metal cladding market?
- What are the major companies operating in the global metal cladding market?
- What are the market shares by key segments in the global metal cladding market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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