Global Facade Market Trends, Size, Forecast - 2018-2023


Posted September 7, 2020 by pooja1919

The global facade market size was valued at USD 216 billion in 2018 and expected to grow at a significant CAGR of 5.5% during the forecast period.
 
The global facade market size was valued at USD 216 billion in 2018 and expected to grow at a significant CAGR of 5.5% during the forecast period. Facade is referred to the deceptive outward appearance of the building. Facades covers the roof, ventilator louvers, street awnings, including the vertical and horizontal aspects of the building. Besides just giving an aesthetics to the building, the facade materials are increasingly being used for energy recreation. It helps in temperature management of the buildings due to which the facade market players are developing weather-specific facades. The facades are primarily used in high rising buildings and offices, including in storefronts and residences. The role of facade has increased in the construction sector, majorly due to the changing perception of consumers and the increasing deployment of facades in the exterior appearance of a building.

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Global facade market is expected to grow rapidly due to inclination of population towards eco-friendly construction activities such as deployment of solar panels. Major drivers involved in the growth of the market are rising per capita income of people in emerging economies and increasing adoption of facades for enhancing the aesthetics of building. At the same time, the substantial increase in the demand for ventilated facades and metal composite facades is significantly contributing in the growth of the global facade market. The high cost of the facades is the major factor hampering the growth of the market across the globe. The construction of façade costs nearly equal to the total cost of the construction of entire building structure. However, the introduction of novel façade materials such as bio-climatic facades and development of weather-specific facades is expected to propel the growth of the market in the near future.



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Global Facade Market segmentation

By raw material

Glass

Wood

Metal

Aluminium

Copper

Brass

Stainless steel

Bronze

Ceramic

Polyvinyl chloride (pvc)

Stone

Concrete

Others (bio-based and terracotta)

By facade type

Ventilated

Curtain walls

Others (porcelain)

Non-ventilated

By end-use industry

Commercial

Residential

Industrial

Competitive landscape

Key market strategies

Key company analysis

Regional analysis

North american

United states

Canada

Europe

U.k

Germany

Italy

Spain

France

Roe

Asia pacific

India

China

Japan

Roapac

Rest of the world

Company profiles

A. Zahner company

Aakriti engineers

Aecom

Aedas

Agl facade systems pte ltd

Ajit glafa india pvt.ltd

Al abbar group

Alfa façade systems pvt ltd.

Alucraft ltd.

Alumak

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated September 7, 2020