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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.
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Orion Market Research Facade Market, Size, Share, Analysis Report & Forecast to 2023 Request a free sample of our report on Facade Market: https://www.omrglobal.com/request-sample/facade-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404
The global facade market is estimated to grow at a CAGR of 5.5% during the forecast period. This growth is attributed to the rapid industrialization and urbanization in emerging economies particularly in China, India, South-East Asian Nations (Thailand, Indonesia, Malaysia, and others), Brazil, Mexico, Turkey, and South Africa. Additionally, with the increasing per capita income in emerging economies, the demand for semi-urban and urban accommodations increases which is expected to contribute to the market growth. Request a free sample of our report on Facade Market: https://www.omrglobal.com/request- sample/facade-market In addition, the investment and funding by various government authorities contribute significantly to the growth of the market. For instance, the Business Facade Improvement Program (2018) is a Northern Development Initiative Trust (Canada) that provides an annual fund of $20,000 to every municipality and regional district aiming at improving the economic development by encouraging investment of the private sector in businesses facade improvements. A full report of Global Facade Market is available at: https://www.omrglobal.com/industry- reports/facade-market The commercial segment is the major adopter of facade system and contributes to 51% in the global facade market. The growth is majorly attributed to the vertical expansion of multinational companies across the globe. Owing to which, there are several ongoing commercial construction projects in the emerging economies across the globe, such as India and China. Permasteelisa Group, an Italy-based engineering project management company, has several ongoing commercial projects, such as JNBY Headquarters in Hangzhou, China, which entails the construction of 19 low-rise office buildings, for a total facade area of around 87,300 sq. m (939,700 sq. ft) of IGU facades with low-E coating and motorized sunshades. There are several other companies that primarily concentrates on providing facades for the construction of commercial buildings; thereby augmenting the global façade market growth. For instance, Apogee Enterprises, Inc., a US-based company, designs and develops value-added glass and metal building facades and services for enclosing commercial buildings and framing and displays. The increasing demand for ventilated facades and metal composite facade in buildings due to various advantages such as durability, strength and so forth propel the growth of the market. The ventilated facade is a cladding system with an air cushion or cavity immediately behind which provides with a drainage, ventilation and thermal solution. Current Market Trends Covered in the Global Façade Market Report Based on the raw material, glass façade is estimated to hold a dominating market share during the forecast period. Based on the end-user, commercial held the largest market share in the global façade market in 2018. Asia-Pacific is estimated to dominate the global façade industry during the forecast period. Global Facade Market Segmentation
By Raw Material Glass Wood Metal PVC Ceramic Stone Concrete Others By Façade Type Ventilated Non-ventilated By End-User Commercial Residential Industrial Global Facade Market – Segment by Region North America US Canada Europe Germany UK France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Latin America
Middle East and Africa For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/facade-market About Orion Market Research Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404