Facade Market Analysis by Regions, Types, Applications and Key Companies
The global facade market size was valued at USD 217.9 billion in 2020 and is expected to expand at
a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028. The rise in construction-related
activities has been an important factor in driving the market. Furthermore, technological innovations
are leading to the development of energy-saving facade materials. These advanced products absorb
solar energy and find widespread adoption in several commercial and residential buildings as a
secondary source of electricity generation. The market is expected to grow at a considerable rate over
the forecast period. This growth can be attributed to rising customer spending power, primarily in
China, Japan, India, Brazil, and GCC countries, along with the need to provide a secure work
environment to employees.
Modernization and urbanization are playing a vital role in the growth of the market. Several factors
including waterproofing, fabrication, durability, and resistance to extreme climate come to play
during the construction of facades. Changing perceptions of consumers and increasing focus on the
exterior appearance of a building are anticipated to boost the growth of the market. Rising disposable
income is leading to increased investments in renovations, which, in turn, is estimated to augment the
market growth. Growing investments in the advancement of the residential and commercial
construction industries in developed countries, such as the U.S., can stoke the growth of the market.
Top Key Players studied in Facade Market:
Rockpanel Group (ROCKWOOL B.V.)
EOS Framing Limited
AFS International B.V.
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Global Facade Market Segmented by Product: