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