Facade Market Size, Share & Forecast To 2025Posted by Rishabh on December 27th, 2019 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 ,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
Global Facade Market Segmentation By Raw Material
By Façade Type
By End-User
Global Facade Market – Segment by Region North America
Europe
Asia-Pacific
Rest of the World
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