Construction Industry Overview

The rainscreen cladding market consists of sales of rainscreen cladding products by entities (organizations, sole traders, and partnerships) that are used to protect a building's structure from natural elements such as wind and rain, insulation, and noise control, and boost the aesthetic appeal of a building. Rainscreen refers to an exterior cladding infrastructure of water-shedding material placed on the surface of the buildings. Some of the advantages associated with it are the increase in thermal and acoustic insulation. The main types of materials used in rainscreen cladding are metal, fiber cement, composite materials, and other types. The metal is used to prevent moisture from invading a building and causing structural deterioration. The different types of construction include new construction, renovation, and are used by the residential and non-residential sectors. The rainscreen cladding market research report is one of a series of new reports from The Business Research Company that provides rainscreen cladding market statistics, including global market size, regional shares, competitors with a rainscreen cladding market share, detailed rainscreen cladding market segments, market trends and opportunities, and any further data you may need to thrive in the rainscreen cladding industry. This rainscreen cladding market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global rainscreen cladding market size is expected to grow from $12.22 billion in 2021 to $13.34 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global rainscreen cladding products market size is expected to grow to $18.03 billion in 2026 at a CAGR of 7.8%. The increase in residential and non-residential construction is expected to propel the growth of the rainscreen cladding market going forward. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structure. Rainscreen cladding is highly durable and has the ability to enhance the aesthetic appearance of residential and non-residential buildings. It also protects the building from excessive heat. For instance, according to the U.S. Census Bureau, a US-based government agency, in October 2021, construction spending reached $1,618.8 billion, which increased to $1,625.9 billion in November 2021. Therefore, increasing residential and non-residential construction is driving the growth of the rainscreen cladding market. New product innovations have emerged as a key trend gaining popularity in the rainscreen cladding market. Major players operating in the rainscreen cladding market are focused on developing new products to gain a competitive advantage. For instance, in November 2020, Sotech, a UK-based manufacturer of rainscreen cladding and architectural fabrications, launched a new rainscreen cladding system known as Optima Edge. The optima Edge system panel has no folds and provides a clean edge appearance. It has been fire tested to BS8414-2;2020 standards, and is classified in BR135 for high-rise buildings, and also it provides improved ventilation to suit the latest standards. In May 2019, Sika AG, a Switzerland-based specialty chemical company that provides rainscreen cladding panels acquired Parex for an undisclosed amount. The acquisition of Parex would strengthen Sika’s growth platform and would expand its product portfolio for the finished building industry. Also, it would further strengthen Sika's world-leading position in construction chemicals. Parex is a US-based company that manufactures rainscreen cladding, architectural coatings, and finish systems. Major players in the rainscreen cladding market are Kingspan Group, SIKA, ROCKWOOL, Everest Industries Limited, SFS Fastening Technology Ltd, Promat UK Limited, Celotex Ltd., CGL Facades, ECO Earth Solutions, Trespa International B.V., Middle East Insulation LLC., OmniMax International, Carea Facade, The Dow Chemical Company, and FunderMax. Europe was the largest region in the rainscreen cladding market in 2021. The regions covered in the global rainscreen cladding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the global rainscreen cladding market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global rainscreen cladding market is segmented - 1) By Material: Metal, Fiber Cement, Composite Materials, Others 2) By Construction: New Construction, Renovation 3) By End-User: Non-residential, Residential

The roofing market consists of sales of roofing materials by entities (organizations, sole traders, and partnerships) that adds significant value to a home, improving its energy efficiency, durability, weather protection and beauty. Roofing is the process of applying an external covering on the roof of a building that is either self-supporting or supported by structures underneath it. The roofing materials offer different types of advantages to the structure such as temperature maintenance, and waterproofing. The main types of roofing are flat roof, and slope roof. A flat roof helps to level contrast to the many types of sloped roofs. These flat roofs can be used to cover the terrace and help for playing, gardening, sleeping, and celebrating functions. These are the most commonly used types of roofs in house constructions. The different materials include bituminous roofing, metal roofing, tile roofing, other roofing material (RCC & Plastics) and is used in several applications such as residential, commercial, non-residential. The roofing market research report is one of a series of new reports from The Business Research Company that provides roofing market statistics, including roofing industry global market size, regional shares, competitors with a roofing market share, detailed roofing market segments, market trends and opportunities, and any further data you may need to thrive in the roofing industry. This roofing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global roofing market size is expected to grow from $140.06 billion in 2021 to $151.80 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The global roofing market size is expected to grow to $183.73 billion in 2026 at a CAGR of 4.9%. The increasing infrastructure development is expected to propel the growth of the roofing market going forward. Infrastructure refers to the construction of physical structures such as bridges, highways, roads, and sewage systems. Roofing is a must for every construction as it helps in protecting the building against rain, snow, sunlight, wind, and extremes of temperature. For instance, according to IIFL Holdings Limited, an India based financial services company, in the year 2021 Government of India allocated 1.89 billion in their union budget for the development of infrastructure in India through Atal Mission for Rejuvenation & Urban Transformation (AMRUT) and Smart Cities Mission. To have a faster infrastructure development it launched two new schemes known as Housing for All and Smart Cities Mission. Also, for the year 2021, according to India Brand Equity Foundation, an India based government agency, infrastructure activities accounted for a 13% share of the total FDI (Foreign Direct Investment) inflows of US$ 81.72 billion. Therefore, the increasing infrastructure development is driving the growth of the roofing market. New technological innovations have emerged as the key trend gaining popularity in the roofing market. Major companies operating in the roofing market are focused on new technological innovations to sustain their growth in the market. For instance, in January 2022, GAF, a US-based company that manufactures solar roofs launched its new solar roof called Timberline Solar based on solar roof technology. This helps in generating energy by using sunlight and this energy can be used for household purposes. This is very easy to install and it is most cost-effective. Solar roofs are the future of clean energy, and Timberline Solar is the game-changing innovation in this market. In June 2019, Royal Building Products Inc, a U.S based company that manufactures and installs roofs on houses and buildings acquired DaVinci Roofscapes L.L.C. for an undisclosed amount. Through this acquisition, Royal Building Products Inc took a strong leadership position in the composite roofing industry. DaVinci Roofscapes L.L.C. is a US-based company that manufactures different types of roofing systems. Major players in the roofing market are Atlas Roofing Corporation, CertainTeed Corporation, Carlisle Companies Inc., Duro-Last Inc., Etex SA, GAF Materials Corporation, Owens Corning, Tamko Building Products Inc., Braas Monier Building Group Services S.A., Etex, Hindalco Industries Ltd., BMI Group Services GmbH, and TAMKO Building Products LLC. Asia-Pacific was the largest region in the roofing market in 2021. The regions covered in the global roofing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the roofing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global roofing market is segmented - 1) By Type: Flat Roof, Slope Roof 2) By Roofing Material: Bituminous Roofing, Metal Roofing, Tile Roofing, Others 3) By Application: Residential, Commercial, Non-Residential

The flat glass market consists of sales of flat glass products by entities (organizations, sole traders, and partnerships) which are used for windows, glass doors, transparent walls, and windscreens. Flat glass or sheet glass refers to a type of glass that is produced in a plane form and is manufactured by combining sand and other components in a liquid. Flat glass can also be used in architectural and automotive applications. The main types of flat glass are basic float glass, toughened glass, coated glass, laminated glass, extra clear glass, and other products. The basic float glass is a sheet of glass formed by floating molten glass on a bed of molten metal, usually tin, but other low-melting-point alloys have been employed in the past. The various technologies include float, rolled, and sheet and are employed in various end-users such as construction and infrastructure, automotive and transportation, solar energy, and others. The flat glass market research report is one of a series of new reports from The Business Research Company that provides flat glass market statistics, including flat glass industry global market size, regional shares, competitors with a flat glass market share, detailed flat glass market segments, market trends and opportunities, and any further data you may need to thrive in the flat glass industry. This flat glass market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global flat glass market size is expected to grow from $120.41 billion in 2021 to $130.84 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The global flat glass market size is expected to grow to $170.11 billion in 2026 at a CAGR of 6.8%. The rising number of solar energy installations is expected to propel the growth of the flat glass market going forward. Solar energy refers to the energy that comes from the sun and which is converted into thermal or electrical energy. Solar energy is the cleanest and most abundant renewable energy source. Flat glass is an essential element that is used in solar units, which helps in converting solar energy into electricity. For instance, according to the Indian Brand Equity Foundation, an India-based government agency, in December 2021, the Indian government allocated a budget of 2.57 billion to boost the manufacturing of high-efficiency solar plants. In addition, for the year 2021, India produced 49.3 GW (gigawatts) of renewable solar energy. Therefore, the rising number of solar energy installations is driving the growth of the flat glass market. New product innovations have emerged as the key trend gaining popularity in the flat glass market. Major companies operating in this market are focused on new product innovations to reinforce their position. For instance, in June 2021, Nippon Sheet Glass, a Japan-based company that manufactures different types of glass, launched its antibacterial and antiviral coated glass, called NSG Purity. These glasses come with antiviral and antibacterial coating and also kill 99.9% of viruses and bacteria and do not allow bacteria to enter homes. These glasses help to keep homes more hygienic. In November 2021, Fenzi Group, an Italy-based company that manufactures different glasses, acquired Johnson Matthey’s Advanced Glass Technologies (“AGT”) business, for an undisclosed amount. This acquisition will help Fenzi Group enter new markets and develop new innovative technologies. Johnson Matthey’s is a UK-based company that manufactures flat glasses. Major players in the flat glass market are Guardian Industries, Saint Gobain, Sisecam Group, Vitro S.A.B. de C.V., Nippon Sheet Glass Co. Ltd, Fuyao Glass Industry Group Co. Ltd, Schott AG, Taiwan Glass Ind. Corp, AGC Inc, Euroglas GmbH, Asahi India Glass Limited, Cardinal Glass Industries Inc, China Glass Holdings Limited, NSG Group, CSG Holdings Co.Ltd, and Phoenicia Flat Glass Industries Ltd. Asia-Pacific was the largest region in the flat glass market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global flat glass market during the forecast period. The regions covered in the global flat glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flat glass market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global flat glass market is segmented - 1) By Product: Basic Float Glass, Toughened Glass, Coated Glass, Laminated Glass, Extra Clear Glass, Others 2) By Technology: Float, Rolled, Sheet 3) By End-Use Industry: Construction and Infrastructure, Automotive and Transportation, Solar Energy, Others

The fire safety equipment market consists of sales of fire safety equipment by entities (organizations, sole traders, and partnerships) that are used to protect the user from fire during any firebreak. Firefighting equipment is a collection of tools and appliances used to extinguish fires. It can be utilized by professional firefighters and untrained users on the site of a fire, or it can be integrated into the infrastructure of a building (such as a sprinkler system). The main types of products in fire safety equipment are extinguishers, fire hydrants, respirators, and other products. A fire extinguisher is a portable device used to put out a small fire by directing onto it a substance that cools the burning fire, deprives the flame of oxygen, or interferes with the chemical reactions occurring in the fire flame. The different solutions include fire detection, and fire suppression and involve various technologies such as active fire safety systems, and passive fire safety systems. These are used in commercial, industrial, and residential applications. The fire safety equipment market research report is one of a series of new reports from The Business Research Company that provides fire safety equipment market statistics, including fire safety equipment industry global market size, regional shares, competitors with a fire safety equipment market share, detailed fire safety equipment market segments, market trends and opportunities, and any further data you may need to thrive in the fire safety equipment industry. This fire safety equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fire safety equipment market size is expected to grow from $39.03 billion in 2021 to $43.55 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The global fire safety market size is expected to grow to $60.13 billion in 2026 at a CAGR of 8.4%. The rapid growth of the construction industry is expected to propel the growth of the fire safety equipment market going forward. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structures. Fire safety equipment is widely used at the construction site to protect the user from fire. For instance, according to Invest India, an India-based investment promotion and facilitation agency, the construction industry is expected to reach $1.4 trillion by 2025. Furthermore, by 2030, India's real estate business would be worth $1 trillion, contributing 13% of the country's GDP. Therefore, the rapid growth of the construction industry drives the growth of the fire safety equipment market. Strategic partnerships have emerged as a key trend gaining popularity in the fire safety equipment market. Major companies operating in the fire safety equipment sector are focused on new partnerships to strengthen their position. For instance, in July 2021, MSA Safety Incorporated, a US-based manufacturer of safety products partnered with Perspective Robotics AG, a Switzerland-based aerial robotics design and manufacturing firm. Through this partnership, the two companies will work together to increase fire scene situational awareness, both locally and remotely. Further in November 2020, the American University of Sharjah, a UAE-based institution partnered with Emirates Fire Fighting Equipment Factory LLC, a UAE-based firefighting equipment factory. Through this partnership, these two companies will work together in areas of research, student internships, fire protection engineering, and community awareness initiatives. In January 2021, CertaSite, a US-based company that provides fire protection services acquired Great Lakes Fire & Safety Equipment Company for an undisclosed amount. This deal helps the company to develop its customer base and enlarge into new markets under CertaSite. Great Lakes is a US-based company that manufactures fire extinguishers. Major players in the fire safety equipment market are Bosch Security System Inc., Hamla PLC, Hochiki Corporation, Honeywell International Inc., Johnson Controls International Plc, Napco Security Technologies Inc, Siemens Building Technologies pvt. Ltd, Gentex Corporation, Eaton Corporation Inc, Nittan Company Ltd., Space Age Electronics, Lowa Fire Equipment Company, Hiren Industrial Corporation, Larsen Manufacturing, and NAFFCO. North America was the largest region in the fire safety equipment market in 2021. The regions covered in the global fire safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fire safety equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global fire safety equipment market is segmented - 1) By Product: Extinguisher, Fire Hydrant, Respirator, Others 2) By Solution: Fire Detection, Fire Suppression 3) By Technology: Active Fire Safety Systems, Passive Fire Safety Systems 4) By Application: Commercial, Industrial, Residential

The underfloor heating market consists of sales of underfloor heating systems by entities (organizations, sole traders, and partnerships) that refer to systems that warm the floor or act as a primary heat source. The different types of underfloor heating systems include hydronic underfloor heating, electric underfloor heating, heating cables, heating mats, and others. Underfloor heating works by distributing a lower temperature of warm water through a circuit of pipes under the finished floor. Heat is then monitored and controlled by intelligent thermostats to maintain a consistent temperature throughout the property or individual zones. The underfloor heating systems are used by the industries, residential, commercials, and other entities. The main types of underfloor heating are hydronic underfloor heating and electric underfloor heating. A hydronic underfloor heating system consists of a network of pipes running beneath the floor with hot water heated by a boiler flowing through the pipes to heat the substrate and, as a result, the room. Heating cables are used for comfort radiant heating of new or refurbished commercial buildings. The installations are of two types new installations and retrofit installations. The underfloor heating is used in residential, commercial, institutional, industrial areas. The global underfloor heating market size is expected to grow from $4.66 billion in 2021 to $5.08 billion in 2022 at a compound annual growth rate (CAGR) of 9.15%. The global underfloor heating market size is expected to reach $6.67 billion in 2026 at a CAGR of 7.03%. Strong government support and incentives toward the adoption of underfloor heating solutions are driving the underfloor heating market. Government institutions across the globe are providing grants and incentives for the up-gradation of existing heating systems and the adoption of renewable-source based heating systems. For instance, in 2020, the UK government launched The Green Homes Grant, which offers a financial grant of GBP 5,000 or GBP 10,000 to low-income households in the UK, that covers labour and materials costs associated with installations of heating improvements systems. These initiatives or grant schemes by governments are expected to boost the underfloor heating solutions market during the forecast period. Strategic partnerships between companies are a recent trend that is gaining popularity in the underfloor heating market. Companies in the underfloor heating market are entering into a strategic collaboration with technology players for the development of technologically advanced underfloor heating products with innovative features. For instance, in January 2020, nVent Electric plc, a Canada-based provider of electric radiant floor heating solutions entered into a strategic collaboration with MAPEI, to develop and launch “MAPEI Mapeheat with Technology from nVent” in the USA market. In February 2021, Polypipe Group, an Italy-based manufacturer of plastic pipes and heating solutions acquired Nu-Heat for $27 million. With this acquisition, Polypipe is focusing on broadening its market reach in climate management solutions across the globe. Nu-Heat is a UK-based provider of underfloor heating solutions. Major players in the underfloor heating market are Siemens AG, Mitsubishi Electric Corporation, Pentair plc, Emersion Electric Co, Honeywell International Inc., Uponor Corporation Amuheat, Robert Bosch GmbH, Danfoss, Schneider Electric, Uponor Corporation, Schlüter-Systems Ltd., Polypipe, SALUS North America, Hurlcon Hydronic Heating, Amuheat, ESI Heating and Cooling, and Janes Radiant. Western Europe was the largest region in the underfloor heating market in 2021. North America is expected to be the fastest-growing region in the global underfloor heating market during the forecast period. The regions covered in the global underfloor heating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the underfloor heating market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global underfloor heating market is segmented - 1) By Type: Hydronic Underfloor Heating, Electric Underfloor Heating 2) By Installation: New installations, Retrofit installations 3) By Application: Residential, Commercial, Institutional

The geosynthetics market consists of sales of the geosynthetics by entities (organizations, sole traders, and partnerships) that provide separation, filtration, strengthening, stiffening, drainage, barrier, and protection, among other properties. Geosynthetics are man-made synthetic materials that are in the shape of strips, sheets, or three-dimensional structures constructed of polymeric or natural materials. They are simple to prepare and transport and they can aid in the greening of construction projects. Geosynthetics have been effectively used to conduct a variety of functions that considerably contribute to the good performance of roadways. The main types of geosynthetics are geotextiles, geomembranes, geogrids, geofoam, geonets, and others. The geotextiles are utilized to improve soil stability, limit erosion, and improve drainage. Geotextiles could be prepared from a broad range of polymers and manufacturing processes, making them correct in a wide range of civil construction processes. These are manufactured using polyethylene, polypropylene, polyester, PVC, and others, and have functions such as separation, filtration, drainage, reinforcement, protection, barrier/containment, and erosion control. Geosynthetics are used in waste management, water management, transportation infrastructure, civil construction, and other applications. The global geosynthetics market size is expected to grow from $10.44 billion in 2021 to $11.53 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The global geosynthetic market size is expected to reach $15.03 billion in 2026 at a CAGR of 6.9%. The growth of the construction industry is contributing to the growth of the geosynthetics market. The construction industry mainly involves building and repairing structures. Geosynthetics are considered to improve the quality of factory-manufactured construction products as they provide an economical solution for various functions such as separation, filtration, reinforcement, drainage, waterproofing, erosion control, containment, and protection. For instance, according to the Indian Ministry of Statistics and Programme Implementation, in 2022, the construction sector is expected to grow in double digits at 10.7%. Therefore, the growth of the construction industry is expected to drive the growth of the geosynthetics market going forward. Strategic partnerships and collaborations have emerged as a key trend gaining popularity in the geosynthetics market. Major companies operating in the market are focusing on partnerships and collaborations to lead the market. For instance, in April 2022, Commercial Metals Co, a US-based steel and metal manufacturer acquired Tensar International Corp for an undisclosed amount. This acquisition advances CMC’s strategy to expand leadership in construction reinforcement with value-added products that complement the existing offerings. Tensar Corporation is a US-based manufacturer of proven geosynthetic products. Moreover, in May 2020, Freudenberg, a Germany-based diversified group of companies whose products include housewares and cleaning products, automobile parts, textiles, building materials, and telecommunications acquired Low & Bonar PLC for an undisclosed amount. With this acquisition, Freudenberg strengthens its performance materials business, and with Low & Bonar’s innovative technology it will further expand. Low & Bonar PLC is a UK-based manufacturer of technical textiles. In June 2021, Solmax, a Canada-based geosynthetics manufacturer acquired TenCate Geosynthetics for an undisclosed amount. This acquisition helps Solmax create a positioning to accelerate its vision of driving innovation, and standards. TenCate Geosynthetics is a US-based company that develops geosynthetics. Major players in the geosynthetics market are Koninklijke Ten Cate B.V, GSE Holdings Inc., NAUE GmbH & Co. KG, Texas Spa, Fibertex Nonwovens A/S, HUESKER Synthetic GmbH, Tensar International Corporation, AGRU America Inc., Low & Bonar PLC, Groupe Solmax Inc, Officine Maccaferri SpA, Asahi Kasei Advance Corporation, Belton Industries Inc, and Propex Operating Company LLC. Asia-Pacific was the largest region in geosynthetics market in 2021. Asia-Pacific is also expected to be the fastest-growing region in the global geosynthetics market during the forecast period. The regions covered in the global geosynthetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the global geosynthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global geosynthetics market is segmented - 1) By Type: Geotextiles, Geomembranes, Geogrids, Geofoam, Geonets, Others 2) By Material: Polyethylene, Polypropylene, Polyester, PVC, Others 3) By Function: Separation, Filtration, Drainage, Reinforcement, Protection (Cushion), Barrier or Containment, Erosion Control 4) By Application: Waste Management, Water Management, Transportation Infrastructure, Civil Construction, Others

The swimming pool market consists of sales of the swimming pool by entities (organizations, partnerships, and sole proprietors) that refer to the body of water that is filtrated, sanitized, and circulated to provide a refreshing experience. The swimming pool is used for recreational purposes and is built in the places such as resorts, parks, and other recreational areas. The swimming pool involves a business that is dedicated to the design, manufacture, and distribution of all components and accessories of pools. The main types of a swimming pools are the competition pool, recreational swimming pool, children's swimming pool, private swimming pool, and relaxation pool. A competition pool is intended to be used regularly to conduct organized swim contests such as those offered by colleges, universities, swim leagues, and swim clubs. The different materials include fiberglass, metal, and plastic and involve various grades such as ordinary swimming pools, and ate swimming pools. The swimming pool is constructed on or above ground, in-ground, and is used in several sectors including residential, commercial swimming pools, and public swimming pools. The global swimming pool market size is expected to grow from $3.41 billion in 2021 to $3.6 billion in 2022 at a compound annual growth rate (CAGR) of 5.7%. The global swimming pools market size is expected to grow to $3.91 billion in 2026 at a CAGR of 2.1%. The increasing urbanization is expected to propel the growth of the swimming pool market going forward. Urbanization refers to the people shifting towards urban areas from the rural areas. People in urban areas are becoming more interested in swimming for fitness and recreational activities, increasing the number of the swimming pool. For instance, according to the United Nations Department of Economic and Social Affairs report, the world population living in urban areas is expected to reach 68% by 2050. Therefore, the rising urban population drives the growth of the swimming pool market. Technological advancements have emerged as the key trend gaining popularity in the swimming pool market. Major companies operating in the swimming pool sector are focused on developing new technological solutions to meet customer demand. For instance, in June 2021, Latham, a US-based pool company, launched the plan your pool innovative based on poolside technology. Plan Your Pool is an interactive part of the company's website that allows homeowners and future homeowners to personalize, plan, and finance a pool before purchasing one for their house. This portion of the pool-planning website offers an immersive experience that allows homeowners to investigate specific needs and validate product interests right at their fingertips. In July 2020, Waterco Group, an Australia-based company that provides swimming pool equipment and water treatments acquired Automated Pool Products Pty Ltd (Auto pool) for an undisclosed amount. The acquisition expands the Waterco Group's market share by providing a variety of services including filtration, sanitization, and heating equipment, allowing the company to provide comprehensive pool solutions to consumers across Australia. Automated Pool Products Pty Ltd (Auto pool) is an Australian-based company that offers swimming pool products. Major players in the swimming pool market are Cody Pools, Presidential Pools, and Spas, Compass Ceramic Pools, Concord Pools & Spas, Riverbend Sandler, Albixon, All Seasons Pools, Blue Haven, Jetform Swimming Pool, Morehead Pools, Premier Pools and Spas, Val-Pak Products, Pentair, H.C. Harrington Co.Inc., Intex Corp., Guangdong LASWIM Water Environment Equipment Co.Ltd., and Waterco Group. North America was the largest region in the swimming pool market in 2021. The regions covered in the global swimming pools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the swimming pool market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global swimming pool market is segmented - 1) By Type: Competition Pool, Recreational Swimming Pool, Children's Swimming Pool, Private Swimming Pool, Relaxation Pool 2) By Material: Fibreglass, Metal, Plastic 3) By Grade: Ordinary Swimming Pool, Eated Swimming Pool 4) By Construction: On or Above Ground, In-Ground 5) By End-User: Residential, Commercial Swimming Pool, Public Swimming Pool

The cladding systems market consists of sales of cladding systems and related services by entities (organizations, partnerships, and sole proprietors) that are used for constructing buildings. Cladding is a process where the exterior of a building is covered with panels of a different material. Cladding is primarily adapted in construction for its function like protecting the exterior and the frame of the building. Indirectly, cladding systems protect the interior of architectural construction. The materials used in cladding systems are steel, aluminum, zinc, copper, and plastic panels. Steel cladding systems are used to cover an exterior of a building with panels of different materials. The steel cladding system protects the appearance and thermal insulation of a building. The main applications of cladding systems include walls and roofs. Cladding systems are mainly used in residential and non-residential buildings. The global cladding systems market size is expected to grow from $240.67 billion in 2021 to $251.76 billion in 2022 at a compound annual growth rate (CAGR) of 4.61%. The global cladding system market size is expected to grow to $329.00 billion in 2026 at a CAGR of 6.92%. The growth in the construction of new residential and commercial buildings is directly driving the growth of the cladding systems market. The rise in high-end apartments, houses, and skyscrapers in developing countries is driving the growth of various materials used for constructing the building. To provide thermal insulation, weather resistance, and to improve the appearance of buildings many builders are using cladding systems. According to the Global Construction 2030 report, the volume of construction output is expected to grow by 85% to $15.5 trillion by 2030. Major countries contributing to this growth are China, India and the USA. This rise in the construction market is expected to drive the cladding systems market going forward. The eco preferred cladding materials are a key trend gaining popularity in the cladding systems market. Companies in the cladding systems market are focusing on developing eco preferred cladding materials to expand the market share. Eco preferred cladding systems are increasingly being used as consumers are becoming more environmentally concerned. Timber cladding is one of the eco preferred cladding materials. The timber cladding is an effective sound and heat insulator and retains heat better than alternative common building materials such as concrete, aluminum, and steel. The heat insulator in timber cladding is key in ensuring a building is energy efficient. The timber cladding is a truly renewable organic resource and does not create any waste. For instance, in 2021 the company Fiberon launched Wildwood composite cladding, which provides the unrivaled beauty and warmth of the wood combined with the durability of high-performance and low-maintenance materials. In May 2019, SIKA, a Switzerland-based specialty chemicals company offering panel cladding materials, acquired Parex for an undisclosed amount. This deal will expand SIKA's product portfolio to cater to the building finishing market. Parex is a USA-based company offering cladding solutions. Major players in the cladding systems market are Arconic Corporation, Boral Limited, CSR Limited, Etex Group, Nichiha Corporation, Tata Steel Limited, Compagnie de Saint-Gobain S.A., Dupont, Hindalco Industries Limited, Glen- Gery Corporation, Glittek Granites, Kajaria Ceramics Limited, FunderMax, Greenalam Industrries Limited, and Cold Steel Corporation. Asia Pacific was the largest region in the cladding systems market in 2021. Asia Pacific is expected to be the fastest-growing region in the global cladding market during the forecast period. The regions covered in the global cladding systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the global cladding systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global cladding systems market is segmented - 1) By Material: Steel, Aluminium, Zinc, Copper, Plastic Panels 2) By Application: Walls, Roofs 3) By End-User: Residential Buildings, Non-Residential Buildings