The global facade market size is anticipated to reach USD 342.94 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.6% during the forecast period.The market is estimated to register healthy growth over the forecast period owing to development of advanced materials with capabilities that offer safety as well as visually appealing texture.
This exterior building face carry the attribute of both appearance and superior performance in a mode, unlike any other building system, which is expected to fuel the demand for the product over the next few years. Soaring need to lower heating & air-conditioning cost and achieve energy-efficiency is slated to stir up the demand for facades over the coming years. Growing focus on development of sustainable products is likely to work in favor of the market.
Burgeoning popularity of green buildings and surging demand for high-transparency glasses that allow passage of light, while maintaining heat-resistance, are poised to shape the future of the market. The market is projected to witness the application for high-performance and energy-saving solar control facades, which will contribute towards higher economic benefits and eco-sustainability.
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Further key findings from the report suggest:
Grand View Research has segmented the global facade market based on product, end use, and regions:
Facade Product Outlook (Revenue, USD Billion, 2014 - 2025)
Facade End-Use Outlook (Revenue, USD Billion, 2014 - 2025)
Facade Regional Outlook (Revenue, USD Billion, 2014 - 2025)
Middle East & Africa
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