The global façade market is expected to witness a moderate growth rate of more than 6.5% during the forecast period of 2022-2028. A façade is generally the front part or exterior of a building. The basic purpose of a façade is thermal and acoustic insulation of the building, protection of construction elements, and enhancing the appearance of the building. A high-performance façade not just envelopes the building but works with the building to provide optimum daylight, comfort, no glare, and reduction of heat gain. Although, the high-performance façades can eliminate many climatic restrictions like the need for sun shading devices, darker shades of glass to reduce heat gain, increase visual light transmission, and fire safety needs.
Normally façades are environmentally dynamic, self-cleaning, and information sensitive. It has the potential to redirect and filter daylight, provide natural ventilation, manage heat transfer, enhance occupant well-being and create visual and physical connections between inside and outside. Façades are something that shields from the external harsh atmosphere, while at the same time not demanding to turn on high levels of air conditioning. High-performance façades effectively ensure a better working environment and can add immense value to the end user.
Growing demand from the construction industry to propel growth in the global façade market
Rapid urbanization across the globe is one of the key factors driving market growth. With the increasing population, the need for constructing buildings and infrastructure is increasing which is augmenting the demand for various types of façades. The increase in construction activities across the globe is a major factor contributing to the increase in the demand for facades. Furthermore, the advancement in technology is contributing to the development of energy-saving façade material, solar-powered façade material, etc. However, some of the façades may face the issue of aging of the material in regions with humid climates which may require a huge capital in re-fitting the same. Moreover, installing façades has a higher construction cost to avoid and the users might opt for façades of cheaper quality and standard.
North America and Europe constitute a huge market share in the global façade market
Geographically, the global façade market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. North America and Europe hold the prominent market share of façades systems constituting a total of 40% and are expected to show considerable growth in the near future due to the expansion of the construction industry. Both regions are highly adaptive to new technologies favorably impacting the industry growth. China, Japan, India, Brazil, and Gulf Region countries are expected to lead the growth as well in the Asia Pacific. The façade is significantly used in commercial buildings due to the availability of high construction budget among corporates. The product penetration in residential buildings is also anticipated to increase over the next few years owing to the rising customer awareness pertaining to energy saving.
Market Structure and Competitive Landscape
The global façade market is fragmented in nature with various players operating in the market. Some of the prominent players that contribute significantly to the global façade market include Sika AG, Saint-Gobain Group, Nippon Sheet Glass co. ltd, Terraco group, EOS framing ltd, Rockpanel Group, Aluplex, Evonik Industries AG, Kingspan Group, Gartner (Permasteelisa Group), National Enclosure Company LLC, CRH Plc, Lafarge, Huntsman International LLC, AFS International B.V, Dow Corning Corporation, Fletcher Building Ltd, Atlas International and Boral Ltd among Others. These players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global façade market include,
- In December 2021, Soltech Energy Sweden AB, a Sweden-based provider of solar energy solutions, acquired ESSA Glas & Aluminium AB for an undisclosed amount. This acquisition will help to integrate solar energy into the product range, increase both sales and earnings, and strengthen Soltech’s façade segment. ESSA Glas & Aluminium AB is a Sweden-based company that performs all types of exterior and interior glass solutions, with an emphasis on the façade construction of commercial properties.
- In September 2021, Lerch Bates Inc. acquired AXIS Facades USA to further strengthen its position in the global façade industry.
Key Market Segmentation
RationalStat has segmented the global façade market on the basis of product type, material, end-user, and region.
- By Product Type
- Ventilated Façades
- Curtain Walls
- Porcelain and Others
- Non- Ventilated Façades
- Media Façades
- Others (Computer-controlled, etc.)
- Ventilated Façades
- By Material
- Glass
- Metal
- Plastics and Fibers
- Bio-based Plastics
- Glass Fiber Reinforced Plastics (GFRC)
- Construction stone
- Others (Wood, Terracotta, etc.)
- By End User
- Commercial
- Industrial
- Residential
- By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN (Indonesia, Vietnam, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Turkey
- Rest of the Middle East & Africa
- North America
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecast, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Secondary Sources
- Annual reports, company filings, investor presentations, product catalogs, and company documents
- Industry and market-related documents available in the public domain
- Paid database including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for façade manufacturers and suppliers, government organizations, educational organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
Frequently Asked Questions (FAQs)
The global façade market is expected to grow at a CAGR of approximately 7% during the forecast period 2022-2028.
The global market for façade was US$ 280 Million in 2021.
Increasing construction activities is a key trend in the global façade market.
North America and Europe is the leading region in the market.
Major companies operating in the global façade market include Sika AG, Saint-Gobain Group, and Nippon Sheet Glass co. ltd, Terraco group, EOS framing ltd, Rockpanel Group, Aluplex, Evonik Industries AG, Kingspan Group, Gartner (Permasteelisa Group), National Enclosure Company LLC, CRH Plc, Lafarge, Huntsmen International LLC, AFS International B.V, Dow Corning Corporation, Fletcher Building Ltd, Atlas International and Boral Ltd among Others.