The global facades market size is expected to reach USD 339.46
billion by 2024, according to a new study by Grand View Research, Inc. The
surge inthe adoption of advanced eco-friendly facades across North America and
Europe is anticipated to fuel the market growth in the coming years. Furthermore, the increasing number of new building constructions, along with
the rise in the number of renovation projects, is also anticipated to catapult
the product demand over the forecast period.
The commercial segment witnessed a significant facades
demand in 2015, where these products are particularly used to protect the
interior from environmental changes. The availability of raw materials in
abundance,such as aluminum,is anticipated to lower the product price over the
forecast period. In addition to these market drivers, the development of solar
panels that provide usable electric energy and its integration in the building
skin is also anticipated to catalyze the industry growth over the forecast
period.
Browse full research report on Global Facades Market: http://www.grandviewresearch.com/industry-analysis/facade-market
Further key findings from the study suggest:
- The
development of sustainable facades materials offering the capability of
shielding buildings from environmental conditions such as heat, wind and
rain is a primary factor expected to drive ventilated facades growth, and
the segment accounted for more than 40% of the overall revenue share in
the year 2015.
- The
product demand in commercial buildings is expected to remain high over the
next eight years owing to the growing need for better safety measures and
ambiance in corporate and the hospitality industry.
- Asia
Pacific dominated the industry and accounted for over 30% of the global
share in 2015, which is expected to grow considerably over the next eight
years,mainly due to the notable growth in the commercial and residential
real estate sectors.
- The
key companies operating in the market include Permasteelisa Group, Enclos
Corp., Harmon Inc., Walters & Wolf, and SEPA, who focus on R&D
spending to develop composite materials used for protecting buildings from
natural as well as human-instigated disasters.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand View Research has segmented the global facades market
on the basis of product, material, application, and region:
Facades Product Outlook (Revenue, USD Billion; 2013 -
2024)
- Ventilated
- Non-ventilated
- Curtain
wall
- Others
Facades Material Outlook (Revenue, USD Billion; 2013 -
2024)
- Aluminum
- Plastic
& fibers
- Glass
- Others
Facades End-Use Outlook (Revenue, USD Million; 2013 -
2024)
- Commercial
- Residential
- Industrial
Facades Regional Outlook (Revenue, USD Million; 2013 -
2024)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Poland
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
- Saudi
Arabia
- UAE
- Kuwait
- Qatar
- Bahrain
- Oman
Access press release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/global-dental-x-ray-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
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