Facades Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Report Code: ZMR-3192 | Report Format : | Status : Upcoming |

Abstract

Facades Market: Overview

Facades are the principal front of a building that usually faces on to a street or front open space. These materials not only protect the interiors of the building but also alleviate the look of the buildings or constructions. Facade panels are cost-effective solutions to the costly infrastructure as they reduce the costs associated with cement or adhesive purchases. In addition, they are quite cheaper than the stone decorations used for the enhancing the building front.

Facades Market: Market Dynamics

Rising infrastructure in developing nations like India, as a result of lower labor costs, land subsidiaries, tax benefits by the government and so on; significant growth in the construction of residential, commercial and industrial properties worldwide, rising demand for a material which can lower the cost for energy during changing weather conditions, rise in the customer’s spending power, increasing use of metal composite materials which offers a durable and modern appearance to the building, the need to reduce the heating & air-conditioning costs, the rising popularity of green buildings, demand for high-transparency glass that allows light in while keeping the heat out are expected to bolster the Facades market in the forecasted period.

The ease of raw material availability is one of the opportunities in Facades Market and the usage of composite materials to build facades is expected to be the key trend impacting the facades market growth.

Segmentation based on the Product type:

Based on the type of the product used, Facades market is segmented as, Non-ventilated, Ventilated, and Others. Ventilated facades are expected to have the highest market share owing to the advantages which the ventilated façade provides such as heat ventilation and soundproofing, energy efficiency and reduction in the cost for air-conditioning and heating. They are available in different designs, textures, and colors thus making them attractive and allowing the architects to design the building with creativity and efficiency.

Segmentation based on the Material used:

Based on the material used, the market is classified as aluminum, plastic and fibers, glass, glass fiber reinforced concrete (GFRC), concrete and others. Glass and aluminum are extensively favored owing to their sturdiness and flexible properties.

Segmentation based on the application type:

Based on the type of application, the market is segmented as home, commercial and industrial usage. Facades are widely used as a part of commercial structures owing to high development spending plan among corporates.

Segmentation based on the regions:

North America and Europe are expected to have a considerable market share in the Facades market since, major countries in these regions such as U.S., UK, and Germany are constructing their buildings with materials which will help in achieving their energy efficiency goals. Asia Pacific region’s Facades market is followed by the Middle East and Latin American market. The growth in these regions can be attributed to the growing industrialization and growth of smart cities in countries such as India, China, and Brazil, however, the growth in the Middle East region is due to the extreme climatic conditions, which makes energy-efficient solutions mandatory. In addition, an increasing number of large construction projects which are planned by the government in this region. 

Facades Market: Competitors

Fundermax India Pvt. Ltd, Rockpanel Group, EOS Facades Limited, Walters & Wolf, Harmon Inc., YKK AP Inc, Permasteelisa North America, Enclos Corp and Wicona UK (SAPA Buildings  Systems GmbH) are some of the key players in the Facades Market.

Facades Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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