U.S. Rainscreen Cladding Market expected to register a CAGR of 6.5% over the forecast period 2019 - 2025
U.S. Rainscreen Cladding Industry Overview U.S. rainscreen cladding market size is expected to reach USD 42.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.5% CAGR during the forecast period. Increase in residential and non-residential renovations, coupled with rise in construction activities, is expected to boost industry growth over the forecast period. U.S. Rainscreen Cladding Market Segmentation Grand View Research has segmented the U.S. rainscreen cladding market on the basis of raw material and application: Based on the Raw Material Insights, the market is segmented into Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramics and Others. Composite material accounted for the largest market share in 2017 in terms of volume and is expected to reach 68,648.9 thousand square meters by 2025. This is owing to its high durability, low maintenance cost, and weatherproof and fireproo...