Facade Systems Market Size, Share, Growth Report 2032

The facade system market is set for a rapid growth over the forecast period. In terms of revenue, the global Facade System market accounted for 291.6 Billion in 2019 and is expected to reach USD 473.2 Billion by 2026, growing at a CAGR of 7.2%.

Global Facade System Market: Overview

Facade system consists of different compositions like stainless steel facade, concrete facade, and aluminum facade, among others. These are usually fixed on the exterior walls of concrete structures for aesthetic looks, and as insulating material for fire protection. According to recent market survey use of material such as titanium in facade system has gained importance due to high quality, excessive costs, as well as vulnerability to panel edge stains also demanded their popularity.

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Global Facade System Market: Growth Factors

Facade Systems are gaining attention in the residential, commercial, and industrial sectors of construction projects and hence likely to gain traction over the coming years. Modernization and urbanization is one of the key factors driving the growth of facade systems market. Furthermore, allocation of funds for building robust infrastructure in the emerging economies as well as developed economies is anticipated to transform into a huge growth of facade systems market.

Eco-friendly and classic designs are gaining attention from the market promoting facade systems and will increase scope for various composite material manufacturers to grow. Easily availability of basic raw material like glass composites, aluminum, stainless steel, and ceramics will help facade system manufacturing industries to grow at a rapid rate. Investments in research and development has gained importance for novel materials like carbon fiber composites to make structures highly durable and strong which will likely to increase interest for new manufacturers in this sector.

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Global Facade System Market: Segmentation

The facade systems market can be sectored into product type, raw material, and end-use. On the basis of product type, the industry is segmented into EIFS, cladding, curtain wall, and siding, and others. In terms of raw material, the facade system can be segmented as stainless steel facade, stone facade, aluminum facade, and others. In terms of end-use, the facade systems industry can be divided into residential and non-residential.

Global Facade System Market: Regional Analysis

Region-wise, the facade systems market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. The Middle East and African market is projected to depict a humungous surge over the estimated timeline, owing rise in power saving green constructions in the region driving the use of facade systems including EIFS and curtail wall glass. Countries such as Turkey and UAE are projected to be the regional driver over the forecast timeline.

Moreover, many of the multinational corporations have established their bases as well as distribution centers in emerging economies of Asia Pacific due to the cost-effective workforce, incentives and tax benefits offered by the government, and liberalization in the trade laws. This aspect has resulted in the surge in the progress of the facade systems market in the Asia Pacific zone.

Europe, North America, and Latin American markets have huge growth potential and are projected to make notable contributions over the coming years.

Global Facade System Market: Competitive Players

Some of the main players in the Facade System market are SHERA, Asahi Glass, Knauf, Kingspan PLC, Saint-Gobain, Boral Limited, Guardian Industries, BASF SE, Dryvit Systems Inc., Central Glass, ParexGroup SA, Universal Cement Corporation (UCC), Louisiana Pacific Corporation, Nippon Sheet Glass, and Terraco Group, among others.

Global Facade System Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa