The global facade market size is anticipated to reach USD
342.94 billion by 2025, according to a new report by Grand View Research, Inc.,
exhibiting a CAGR of 7.6% during the forecast period.The market is estimated to
register healthy growth over the forecast period owing to development of
advanced materials with capabilities that offer safety as well as visually
appealing texture.
This exterior building face carry the attribute of
both appearance and superior performance in a mode, unlike any other building
system, which is expected to fuel the demand for the product over the next few
years. Soaring need to lower heating & air-conditioning cost and achieve
energy-efficiency is slated to stir up the demand for facades over the coming
years. Growing focus on development of sustainable products is likely to work
in favor of the market.
Burgeoning popularity of green buildings and
surging demand for high-transparency glasses that allow passage of light, while
maintaining heat-resistance, are poised to shape the future of the market. The
market is projected to witness the application for high-performance and
energy-saving solar control facades, which will contribute towards higher
economic benefits and eco-sustainability.
Browse full research report on Facade
Market: https://www.grandviewresearch.com/industry-analysis/facade-market
Further key
findings from the report suggest:
- The facades market was valued at USD 205.89 billion in 2018.
Expanding construction industry in developing countries is bolstering the
growth of the market
- The ventilated facades market is anticipated to experience a CAGR
of 8.4% over the forecast period, owing to merits offered by them in terms
of energy saving and rich aesthetics
- Various government initiatives towards infrastructure development
and rise in PPP model are encouraging construction of commercial
properties across the globe, which is subsequently propelling the facades
market
- The commercial end-use segment was the leading revenue contributor
in 2018, owing to numerous advantages offered by these systems, such as
natural ventilation, acoustic insulation, and thermal insulation
- Asia Pacific led the market with a little over 37.0% revenue share
in 2018, owing to growing construction of new commercial and industrial
buildings in China, India, and Southeast Asia
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/facade-market/request/rs1
Grand
View Research has segmented the global facade market based on product, end use,
and regions:
Facade Product
Outlook (Revenue, USD Billion, 2014 - 2025)
- Ventilated
- Curtain Walls
- Others
- Non-Ventilated
- Others
Facade End-Use
Outlook (Revenue, USD Billion, 2014 - 2025)
- Commercial
- Residential
- Industrial
Facade Regional
Outlook (Revenue, USD Billion, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Poland
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- Kuwait
- Bahrain
- Qatar
- U.A.E.
- Oman
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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