Global Facade Market Research Report 2017 | Construction Market Research
Summary Facades are those part of the buildings which comprises both appealing looks and performances. Facades help in temperature management of the buildings owing to which these are popular among the builders and contractors. Global Facade market was estimated USD 194.07 billion in the year 2016. Some of the major reason behind the huge development of the market are rising real estate developments along with the introduction of advanced materials with higher strength and visually appealing texture. A facade is generally one exterior side of a building, usually, but not always, the front. It is a foreign word from the French façade, which means "frontage" or "face". The facade of a building is most important part of a design standpoint, as it sets the tone for the rest of the building. Currently, the construction industry is dominated by classic designs with stiff & elegant looks and feel, however, modern facades with advanced and light materials are anticipated to witness significant growth over the coming years. Advantages such as resistance to the adverse weather conditions and unwanted intrusions detections are some of the major behind the significant growth of modern facades over the forecast period. Depending upon the commercial viability, the facade market report has been segmented as follows:
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By product types, the market can be split into: ● Ventilated ● Non-ventilated ● Others
By Application type, the market can be split into ● Industrial ● Commercial ● Residential
By Regions, this report covers: ● ● ● ● ●
North America Europe Asia Pacific Latin America Rest of the World
In 2016, Asia Pacific accounted the largest market share of about 30% in terms of revenue. This huge market share is attributed to the increased construction of new commercial and industrial buildings in its developing countries such as China and India. Europe and North America contributed approximately 40% of the total share in 2016. Additionally, owing to the development of eco-friendly and modern facades the market in North America is likely to witness the highest growth over the forecast period. The major companies involved in the manufacturing and installations of different types of the facade are; Walters & Wolf, Harmon Inc., SEPA, and Enclos Corp. among others. The industry is experiencing technological developments pertaining to the advanced materials led by the key innovators such as Xiamen China-Nice Manufacturing and Enclos Corp., which is based in United Estate and has developed advanced materials including synthetic walls.
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