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Global Facades Market was valued US$ 199.89 Bn and is projected to reach US$ 343.84 Bn by 2027 at a CAGR of 7.02%.
Global Facades Market was valuedUS$ 199.89 Bn and is projected to reach US$ 343.84 Bn by 2027 at a CAGR of7.02%.
The report includes the analysis of impact of COVID-19 lock-down on therevenue of market leaders, followers, and disrupters. Since lock down wasimplemented differently in different regions and countries, impact of same isalso different by regions and segments. The report has covered the currentshort term and long term impact on the market, same will help decision makersto prepare the outline for short term and long term strategies for companies byregion.
Inclination towards eco-friendly construction activities, rising percapita income in emerging economies increasing and demand for ventilatedfacades and metal composite facades drives the global Facades market. However,the high cost of Facades material constrains the façade market growth. Facades offersenhanced aesthetics of the building. Whereas, the introduction of novelmaterials such as bioclimatic facades, rapid industrialization and urbanizationin emerging economies, development of weather specific facades are severalopportunities for the market which will fuel the growth further.
Among types, Ventilated facades are referred to as the most prominentproduct type during the forecast period. Among the ventilated type, curtainwalls are foreseen as the fastest growing sub-segment, owing to theirincreasing adoption in commercial buildings. Ventilated façades are aninfluential tool when applied to build design, especially in bioclimaticbuilding design.
Glass is identified as an indisputable Facade building material and isforecasted to grow at consistent CAGR throughout the forecast period. Glassmaterials can transmit heat to provide a warm atmosphere in regions with lowtemperature, as a result, are projected to gain high demand in residentialapplications. Aluminium being the second largest material segment are alsowidely used to build facades, owing to their low weight and high transparency.Aluminium and glass are highly preferred due to their durable and elasticproperties hence allow designers to provide proper shape and size to facades.
Facades are widely used as a part of commercial structures owing to highdevelopment spending plan among corporates. Facades are broadly used incommercial and residential buildings for the safeguard of the interior providea visually appealing outer architecture. The facade is extensively used incommercial buildings due to availability of high construction budget amongcorporates. In emerging economies, there has been a significant increase in theconstruction of malls, multiplexes, offices, technology parks, hotels andcommercial buildings. This growth has further pushed the market for facades inthe commercial sector. The high spending power of individuals and the growth ofresidential projects through public-private partnerships is estimated to propelthe growth of the residential segment.
North America and Europe have a considerable market share in the globalFacades market since, major countries in these regions such as U.S., UK, andGermany are constructing their buildings with materials which will help inachieving their energy efficiency goals. Asia Pacific region’s growth isattributed to the growing industrialization and growth of smart cities incountries such as India, China, and Brazil. In addition, an increasing numberof large construction projects which are planned by the government in thisregion.
Moreover, the government initiates in the development of the smartindustrial sector is expected to positively impact the revenue of facade marketin the region. However, the growth in the Middle East region is due to theextreme climatic conditions, which makes energy-efficient solutions mandatory.
The objective of the report is to present a comprehensive assessment ofthe market and contains thoughtful insights, facts, historical data, industry-validatedmarket data and projections with a suitable set of assumptions and methodology.The report also helps in understanding global facades market dynamics,structure by identifying and analyzing the market segments and project theglobal market size. Further, the report also focuses on competitive analysis ofkey players by product, price, financial position, product portfolio, growthstrategies, and regional presence. The report also provides PEST analysis,PORTER's analysis, SWOT analysis to address questions of shareholders toprioritizing the efforts and investment in the near future to emerging segmentin the global facades market.
Scope of Global Facades Market
Global Facades Market, by Materials:
• Glass
• Metal
o Aluminum
o Copper
o Brass
o Stainless Steel
o Bronze
• Ceramic
• Polyvinyl Chloride
• Stone
• Concrete
• Wood
• Others (Bio-Based and Terracotta)
Global Facades Market, by Type:
• Ventilated
• Non-Ventilated
• Other
Global Facades Market, by Structure:
• Mullion
• Truss
• Glass Fin
• Grid Shell
• Cable Net
• Cable Mullion
Global Facades Market, by End Use:
• Commercial
• Residential
• Industrial
Global Facades Market, by Region:
• North America
• Middle East & Africa
• Europe
• Asia Pacific
• South America
Key Player analyzed in the Report:
• Enclos Corp.
• Permasteelisa North America
• Walters & Wolf
• Harmon Inc.
• SEPA
• Jinjiu Sci-Tech New Material Co., Ltd.
• Xiamen China-Nice Manufacturing and Trading Co., Ltd.,
• Fundermax India Pvt. Ltd
• Rockpanel Group
• EOS Facades Limited
• YKK AP Inc
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