Global Facade System Market Report 2022 – Market Forecast, Trends And Strategies

The global facade system market size is expected to grow from $288.57 billion in 2021 to $314.38 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The global facade systems market size is expected to grow to $441.82 billion in 2026 at a CAGR of 8.9%.

What is the Global Facade System Market?

The facade system market consists of the sale of facade systems by entities (organizations, sole traders, and partnerships) which are used in construction activities. Facade system is a part of steel construction used to offer vertical and lateral resistance to action like wind and others. The type of facade system used in construction totally depends on building designs and their scale. Façade systems are structural elements used in construction possessing the properties like resistance to weather, fire, thermal, and acoustic. Façade systems are available in multiple colors and designs and it supports in minimizing the load on supporting structures of the building.

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What drives the Global Facade System Market?

The increase in non-residential construction and infrastructural activities is expected to propel the growth of the façade systems market over the coming years. Currently, highly gazed façade systems are popularly used across commercial buildings. The essential requirements such as resistance to daylighting, ventilation systems, sun control, and dynamic systems are can be fulfilled with the help of advanced facades leading to increasing interest of builders for its usage in non-residential buildings. Majority of the non-residential buildings are now aiming to build the complexes to achieve goals including energy efficiency, sustainability, and a “green” image, with the adoption of advanced technologies glazed facades, are now supporting builders to achieve such goals. In June 2020, Clark Pacific, prefabricated building systems manufacturer collaborated with Wells Concrete, a US-based precast provider to form Facades Consortium Group LLC to offer infinite façade nationwide for commercial and institutional projects.

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Global Facade System Market Segments
The global facade system market is segmented:
By Material Type: Wood, Metal, Glass, Ceramic, Concrete
By Type: EIFS, Curtain Wall, Siding, Cladding
By End-User: Residential, Commercial, Industrial
By Geography: The regions covered in the facade system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Facade System Global Market Report 2022provides market size and growth forecasts for the global facade system market, global facade system market share, facade system market segments and geographies, facade system market competitive landscape including leading competitors’ revenues, profiles and market shares. The facade system market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Facade System Industry Playersinclude Etex Group, Georgia-Pacific LLC, James Hardie Industries PLC, Kingspan PLC, Knauf, Louisiana Pacific Corporation, Nichiha Corporation, SHERA, Universal Cement Corporation (UCC), USG Corporation, YKK AP Inc., Saint-Gobain Group, Aluplex, and Gartner (Permasteelisa Group). Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.