Advanced Facade Materials to Enhance Building Efficiency Promoting Market Demand

Global facade market is anticipated to grow at a CAGR of 8.1% during the forecast period (2024–2031). A facade is referred to the deceptive outward appearance of the building. 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. 

The North America region is expected to grow drastically in the global façade market. The market growth is attributed to the increasing development of eco-friendly construction activities such as bio-climatic facades and other modern facades. Moreover, the government's initiatives in the development of the smart industrial sector are expected to positively impact the revenue of the facade market in the region.

Browse the full report description of “Facade Market Size, Share & Trends Analysis Report by Raw Material (Glass, Wood, Metal, Ceramic, Polyvinyl Chloride (PVC), Stone, Concrete, and Others), and by Facade Type (Ventilated and Non-Ventilated), and by End-User Industry (Commercial, Residential and Industrial) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/facade-market

The ventilated segment is anticipated to hold the major share of the global facade market. It is primarily owing to its benefits over non-ventilated facades such as energy-saving and aesthetics. This has amplified the demand for the ventilated facade for most of the buildings, and future construction. The market players are also focusing on the segment prominently by launching new innovative ventilated facade ideas and designs to gain an edge in the ongoing competition. For instance, in June 2021, Paroc published a well-insulated ventilated facade design, which offers guidelines for designing the ventilation of facades of diverse heights and for selecting the right windshield and thermal insulation product. 

Recent Developments

• In June 2023, SRG Global, Ltd. secured a specialist facades contract in Sydney valued at $40.0 million. The contract is with Lendlease for the design and supply of specialist-engineered curtain wall facades at the one circular quay project located at Sydney’s harbor-front circular quay precinct. The contract is expected to be completed in 2025.

• In November 2022, Saint-Gobain is planning to extend its range of facades portfolio by partnering with PV manufacturer Megasol. Under this agreement, Saint-Gobain has acquired a minority stake in Megasol's business unit that develops and manufactures BIPV solutions at its site in Deitingen, Switzerland. 

Market Coverage  

· The market number available for 2023-2031 

· Base year: 2023 

· Forecast period: 2024-2031 

· Segment Covered- 

o By Raw Material

o By Façade Type

o By End-User Industry 

· Regions Covered- 

o North America 

o Europe 

o Asia-Pacific 

o Rest of the World

• Competitive Landscape: Empire Facades Pvt. Ltd., Etherington Group Ltd., Saint-Gobain, Kingdom Facades, and Walters and Wolf among others.

Key questions addressed by the report 

• What is the market's growth rate? 
• Which segment and region dominate the market in the base year? 
• Which segment and region will project the fastest growth in the market? 
• Who is the leader in the market? 
• How are players addressing challenges to sustain growth? 
• Where is the investment opportunity? 

Global Facade Market Report Segment 

By Raw Material

• Glass
• Wood 
• Metal 

o Aluminum

o Copper

o Brass

o Stainless Steel

o Bronze

• Ceramic
• Polyvinyl Chloride (PVC)
• Stone
• Concrete
• Others (Bio-Based and Terracotta)

By Façade Type 

· Ventilated

o Curtain Walls

o Others (Porcelain)

· Non-Ventilated

By End-User Industry 

• Commercial 
• Residential
• Industrial 

Global Façade Market Report Segment by Region 

North America 

· United States 

· Canada 

Europe 

· UK 

· Germany 

· Italy 

· Spain 

· France 

· Rest of Europe 

Asia-Pacific 

· China 

· India 

· Japan 

· South Korea 

· Rest of Asia-Pacific 

Rest of the World 

· Latin America

· Middle East and Africa

 To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/facade-market