Facade Market Report, By Material, By Application and By Region – Global Opportunities & Forecast, 2023-2030
Analysts at GMI Research estimates that the Facade Market was worth USD 184.6 billion in 2022, and forecast to touch USD 285.5 billion in 2030, growing at a CAGR of 5.6% from 2023-2030.
Facade Market Overview
Facade refers to the front portion of a building with special architectural treatment that involves design elements and decoration. The façade materials provide durability, protection, and elegant aesthetic to the building and these are one of the popular methods used for renovating the buildings.
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Major Facade Market Drivers
Rapidly growing population, rising construction sector, and the increasing number of fire incidents are some of the major drivers expected to boost the growth of the facade market over the forecast period. In addition, facade provides various benefits in making energy-efficient buildings with low solar penetration, passive cooling, reduced overheating, and lower air conditioning costs, which further expected to support the demand of facades over the forecast period.
Moreover, increasing adoption of facade products for commercial spaces, stadiums, retail stores, airports, medical centers, warehouses, garages, and hotels owing to their benefits that includes minimization of air and vapour leakage, better thermal insulation, and extended lifecycle to an infrastructure is further expected to accelerate the growth of the market. Furthermore, increasing awareness towards zero emission and energy efficient buildings together with the growing demand of fully-recyclable facade boards is expected to propel the market growth of façade market size.
Restraint in the Facade Market
However, high cost of raw material and expensive installation and repairing costs is expected to hamper the growth of the facade market. Moreover, lack of awareness related to the benefits of facade materials may further limit the market growth.
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Material – Segment Analysis
Based on the material, the glass segment is expected to grow notably over the forecast period owing to their various advantages including fire protection, low weight, insulation, solar control, light transmission, and high transparency. Moreover, glass facades can easily withstand harsh weather conditions including rains, sun and wind and require low maintenance which further contributes to the market growth.
Application – Segment Analysis
Based on the application, the commercial segment is expected to account for a notable market share over the forecast period primarily due to the rising number of corporate buildings, hotels, restaurants, malls, airports, hospitals, educational institutes, and others. In addition, growing awareness towards the development of sustainable commercial spaces with safety parameters against external environmental factors and fire hazards and to enhance the appearance of the building is further accelerating the market growth.
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Regional – Segment Analysis:
Based on region, Asia-Pacific is expected to grow significantly during the forecast period. This can be attributed to the rise in population, economic growth, infrastructural development, and growing non-residential construction in the region. According to the Invest India, by 2025, construction market in India is expected to emerge as the third largest globally and the construction output is expected to grow on average by 7.1% each year. This is expected to propel the growth of the facade market in India, thereby contributing to the growth of the façade market in Asia-Pacific.
Top Market Players
Several leading Facade companies operating in the market, include, Sika AG, Saint-Gobain, Nippon Sheet Glass Co., Ltd., AGC Inc., Central Glass Co., Ltd., BASF SE, Sto SE & Co. KGaA, Dryvit Systems Inc., Etex Group, and Terraco Group among others.
Key Developments:
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- In 2018, Sika AG acquired a majority stake in Index Construction Systems and Products, one of the leading manufacturers of roofing and waterproofing system. This is expected to enhance the product offerings of the company including facades materials.
Segments covered in the Report:
The global Facade Market has been segmented on the basis of component, application, end-users, and key regions. Based on material, the market is segmented into glass, metal, plastics and fibres, construction stone, and others. Based on application, the market is segmented into residential, commercial, and industrial.
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|
Report Coverage |
Details |
| Market Revenues (2022) |
USD 184.6 billion |
| Market Base Year |
2022 |
| Market Forecast Period |
2023-2030 |
| Base Year & Forecast Units |
Revenues (USD Million) |
| Market Segment | By Material, By Application, By Region |
| Regional Coverage | Asia Pacific, Europe, North America, and RoW |
| Companies Profiled | Sika AG, Saint-Gobain, Nippon Sheet Glass Co., Ltd., AGC Inc., Central Glass Co., Ltd., BASF SE, Sto SE & Co. KGaA, Dryvit Systems Inc., Etex Group, and Terraco Group among others; a total of 10 companies covered. |
| 25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Facade Market by Material
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- Glass
- Metal
- Plastics and Fibres
- Construction Stone
- Others
Global Facade Market by Application
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- Residential
- Commercial
- Industrial
Global Facade Market by Region
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North America Facade Market (Option 1: As a part of the free 25% customization)
- By Material
- By Application
- US Market All-Up
- Canada Market All-Up
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Europe Facade Market (Option 2: As a part of the free 25% customization)
- By Material
- By Application
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
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Asia-Pacific Facade Market (Option 3: As a part of the free 25% customization)
- By Material
- By Application
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Facade Market All-Up
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RoW Facade Market (Option 4: As a part of the free 25% customization)
- By Material
- By Application
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
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Major Players Operating in the Facade Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Sika AG
- Saint-Gobain
- Nippon Sheet Glass Co., Ltd
- AGC Inc.
- Central Glass Co., Ltd
- BASF SE
- Sto SE & Co. KGaA
- Dryvit Systems Inc.
- Etex Group
- Terraco Group
Frequently Asked Question About This Report
Facade Market [UP1916-001001]
Façade Market is anticipated to grow at 5.6% CAGR during the forecast period.
Rapidly growing population, rising construction sector, and the increasing number of fire incidents are some of the major drivers expected to boost the growth of the facade market during the forecast period.
The various notable players in the Façade Market include Sika AG, Saint-Gobain, Nippon Sheet Glass Co., Ltd., AGC Inc., Central Glass Co., Ltd., BASF SE, Sto SE & Co. KGaA, Dryvit Systems Inc., Etex Group, and Terraco Group among others.
Asia-Pacific is expected to grow significantly during the forecast period. This can be attributed to the rise in population, economic growth, infrastructural development, and growing non-residential construction in the region.
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