DUBLIN--(BUSINESS WIRE)--The "Facade Market to 2025 - Global Analysis and Forecasts by Material and Application" report has been added to ResearchAndMarkets.com's offering.
The global facades market is expected to grow to US$ 197.3 billion by 2025 from US$ 165.3 billion in 2017, growing at a CAGR of 2.3%.
Facades are vital components of the building that enable in meeting the energy efficiency and interior comfort requirements of the building. The type of facade system to be put to use, the design of the facade, and the execution of the installation form the critical factors that determine the final energy consumption of the building.
The construction industry is expanding at a steady growth rate in the developed regions across the globe. While on the other hand, in the developing regions, the industry is experiencing a substantial growth rate. Investments in the infrastructure construction industry are continuously growing across the globe.
The major focus of investments is on the residential sectors as the global population is constantly increasing at an exponential rate, which is demanding more residential spaces. The number of new residential buildings or individual houses rose rapidly over the years in the developed as well as developing nations worldwide.
Countries in Asia Pacific region have significantly invested in the construction industry, and are still continuing the trend which is catalyzing the infrastructure construction over the years. Further, the growing investments and initiatives in the residential and commercial construction in North American countries are influencing the facades manufacturers to increase their production.
Key Industry Dynamics
Key Market Drivers
- Rising Commercial And Residential Construction
- Performance And Economic Parameters Are Accentuating The Demand
Key Market Restraints
- Complexities Involved In Facades Installations On The High-Rise Buildings
Key Market Opportunities
- Growing Demands For Aluminium Facades In The Modern Constructions
Future Trends
- Energy Regulations To Cause Shifts In The Conventional Facades Industry
- Curved Glass And Fibre-Reinforced Materials As Facades For Buildings
- Impact Analysis Of Drivers And Restraints
Company Profiles
- Rockwool International A/S
- FunderMax GmbH
- Enclos corp
- Apogee Enterprises, Inc.
- HansenGroup a/s
- Aedas
- Ykk AP America, Inc.
- Schco International KG
- National Construction Enterprises, Inc.
- Bouygues SA
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