Cladding Systems Market to Grow at a CAGR of 5.6% by 2026- Exclusive Report by MarketsandMarkets™
Verfasser: ashwani_kailiya on Friday, 9 December 2022The "Cladding Systems Market by Material (Ceramic, Wood, Brick & Stone, Vinyl, Stucco & EIFS, Metal, Fiber Cement), Use, Application (Residential, Non-Residential), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2026" research report from MarketsandMarkets states as much. The size of the global market for cladding systems is anticipated to be USD 234.1 billion in 2021 and to increase to USD 306 billion by 2026, at a CAGR of 5.6% over the forecast period. The increased infrastructure and building activities occurring globally have been a major factor in the market's rapid rise. These systems not only defend the structure but also improve its beauty. The market for external cladding systems is anticipated to rise with the recovery in commercial construction. But considerations like expensive installation and raw material costs as well as high repair times and costs could restrain the development of this market.
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