Global Facades Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Facades Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global facades market report has been segmented on the basis of material, product type, application, and region.
Global Facades Market: Overview
Facades are vital components of the building and covers roof, street awnings, and ventilation louvers, along with the vertical and horizontal aspects of the building. Facades provides durability, safety, and aesthetic feel, and focuses on energy efficiency and interior comfort requirements of the building.
Global Facades Market: Dynamics
Increasing adoption of facades in rapidly growing construction industry for commercial and residential projects is expected to boost demand for facades and drives growth of the global market over the forecast period. In addition, increasing research and development activities and advancements in technology have resulted in features enhancement, and functionalities of building materials such as facades, which is expected to bolster growth of target market. Moreover, government initiatives, investments in infrastructure development, and increasing number of construction activities are some of the other factors expected to propel growth of the target market. Additionally, popularity towards green building and rising demand for highly-transparent and heat-resistance glass that allows in light, plays an important role for growth of the market. Furthermore, shifting towards cost effectiveness and environment friendly products is also expected to drive demand for facades. Also, availability of a wide range of products with various colors, features, and designs, coupled with customizable products and solutions in the market, is supporting the growth of the market over the forecast period.
Recent trend shows that, manufacturers focusing on energy-saving and solar control facades. Recently in 2017, Saint-Gobain Building Glass has launched advanced solar control glass.
Global Facades Market: Segment Analysis
Among the material type, glass and metal product segment accounts for major share in the global market owing to its unique properties such as flexibility, and strength as compared to other segments.
Among the product type, ventilated facades segment holds major revenue share in the global market and is expected to maintain its dominance over the forecast period. Factors such as heat ventilation, energy efficiency, and soundproof nature, giving a new way for growth to the target segment.
Among the applications, non-residential segment is estimated to register significant growth rate in the global market on account of increasing spending on commercial structures in developing as well as developed countries.
Global Facades Market: Regional Analysis
The North America facades market accounts for major share in terms of revenue in the global market, and is projected to maintain its dominance over the forecast period. Increasing demand for modified construction activities is expected to achieve energy efficiency goals in the region.
The market in Asia Pacific contribute significant revenue share in the target market. Increasing purchasing power and rising awareness regarding adoption of advanced building materials, are some of the other factors expected to drive growth of the market.
Moreover, the market in Middle East & Africa and Latin America are also expected to register moderate growth rate over the forecast period.
Global Facades Market Segmentation
Segmentation by Material Type:
- Metal (Aluminum, Copper, Brass, Stainless Steel, and Bronze)
- Plastic and Fiber
Segmentation by Product Type:
- Ventilated (Curtain Walls)
Segmentation by Application:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Enclos Corp.
- Permasteelisa S.p.A.
- Harmon Inc.
- Fundermax India Pvt. Ltd
- Rockpanel Group
- EOS Facades Limited
- YKK AP Inc.
- Permasteelisa North America
- Wicona UK (SAPA Buildings Systems GmbH)
- Walters & Wolf
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