Global Facade Market Size Analysis Report - Market Share, Forecast Trends and Outlook (2024-2032)

Global Facade Market Size

The global façade market size is projected to grow at a CAGR of 7.6% between 2024 and 2032, reaching a value of around USD 412.16 billion by 2032.

Key Takeaways

• The use of digital tools like BIM for façade design and installation is enhancing the efficiency of façade construction.

• The market players are focusing on developing façades that can reduce energy consumption and minimise carbon footprints.

• Regulations and building standards are pushing for the adoption of energy-efficient façade solutions, impacting design and material choices.

Façade is an architectural term which literally translates from French to ‘face’ and usually refers to the building exterior. The market has been driven by the increased focus of consumers towards the external appearance of a building. Along with adding to the aesthetic appeal, it also acts as an insulator against heat, cold, moisture, and noise, and protects the structure from damage.

The façade market growth is driven by rapid urbanisation around the world, which is creating a need for the construction of new buildings. Moreover, with the growing investments in research and development, the global market has undergone several technological advancements and changes, especially those related to resistance to extreme weather conditions, durability, waterproofing, and permitting more natural light to enter the building. The architecture and construction sectors are also carrying out major research and development operations to develop sustainable and eco-friendly façades which absorb solar energy, creating a new source of energy generation in residential and commercial buildings. These eco-friendly façades are expected to witness increased demand from eco-conscious consumers.

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Key Trends and Developments

Sustainability and energy efficiency; use of advanced materials and composites; digitalisation and BIM integration; and smart and adaptive façades are the major trends impacting the façade market expansion

Façade Market Trends

The trend towards energy-efficient and sustainable façade solutions is a response to global environmental concerns, regulatory pressures, and a growing recognition of the impact buildings have on energy consumption and carbon emissions. For instance, high-performance façade materials are designed to have superior insulating properties, which help in maintaining stable indoor temperatures and reduce the need for heating and cooling, leading to lower energy consumption. By optimising the use of natural light while minimising unwanted heat gain or loss, these materials lead to significant reduction in a building's overall energy demand.

In May 2023, Hydro Building Systems announced a joint venture with Saint-Gobain Glass Company.  By combining Hydro Building Systems' expertise in aluminium façade systems with Saint-Gobain Glass's innovations in glass technology, this partnership aims to create façade solutions that are not only energy-efficient but also manufactured with a lower carbon footprint.

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Facade Industry Segmentation

“Façade Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Non-ventilated façades account for a major market share due to their ease of installation as well as superior insulation properties

Non-ventilated façades occupy a significant share of the overall façade market. Non-ventilated façades can provide excellent thermal insulation as they allow for a continuous insulation layer without gaps, reducing thermal bridging and heat loss. These façades also offer superior air tightness, minimising air leakage and contributing to energy savings in heating and cooling, which is a significant consideration in climates with extreme temperatures. Moreover, non-ventilated façades can be simpler to install compared to ventilated systems, as there is no need to construct a cavity or additional structural components for ventilation.

Metal maintains its dominance in market due to its low maintenance cost and excellent resistive properties

By material, metal dominates the façade market share. Metallic façade materials like steel and aluminium are increasingly being used in modern and retro-style buildings, specifically to construct cladding walls and structural panels. Their popularity is due to their low maintenance cost, and improved resistance against weather, fire, and other conditions as well as being long-lasting and environmentally friendly. Aluminium, especially, finds extensive application as a façade material due to its lightweight and durability as well as its high elasticity which allows designers to modify its shape and size according to the requirements.

Glass material is anticipated to witness sizeable growth in the coming years. The use of glass in building façades has grown significantly due to advancements in glass technology and a greater emphasis on sustainable and efficient building designs. Glass façades offer unparalleled transparency, allowing for abundant natural light, which can enhance the interior environment's quality and reduce the need for artificial lighting. This is not only beneficial for occupants' well-being but also aligns with sustainable building practices.

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Competitive Landscape

The market players are innovating their products, leveraging  advanced technologies, and are also focusing on offering solutions that contribute to sustainable building designs

Other major players in the façade market include Skanska AB, Kawneer Company, Inc., Schüco International KG, Reynaers, and Trimo D.O.O., among others. The players are investing in research and development to introduce innovative products like self-cleaning façades and photovoltaic glass, among others.

Façade Market Analysis by Region

The growth of the construction sector with rapid development of residential, commercial, and industrial complexes in Asia Pacific, specifically in China, India, and Southeast Asia, has made the region a dominant force in the global façade market. The regional market growth is supported by increase in the number of high-rise buildings as well as government initiatives encouraging the development of educational institutions, hospitals, etc.

There is also a rise in demand for façade materials in North America and Europe. The growth of the façade market in these regions is especially supported by the integration of environmentally friendly materials, especially in the US and the UK where consumers are more conscious about the choice of material, with a focus on reducing energy consumption. In Europe, Germany, Italy, the U.K., and the Nordic countries, are expected to see further investments from private and public investors for new construction of residential structures supported by various government schemes, which, in turn, will favor the market for façade.

Key Highlights of the Report

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