28-Oct-2024 | Zion Market Research
The global facade systems market research report generated and published by Zion Market Research illustrates in-depth information regarding the performance of the market. Based on the analytical data, the facade systems market has probably attained a value of around 342.79 Billion and is projected to reach nearly USD 702.57 Billion by 2032, at 8.3% CAGR. The regional facade systems market, particularly the developing economies in Middle East & Africa and the Asia Pacific, is probably driven by several factors, including a rise in infrastructural activities and a significant increase in residential & commercial construction.
The global facade systems market unlocks a wide range of avenues for the established and emerging players. Some of the global leading contenders operating in the market are Saint-Gobain, Georgia-Pacific LLC, Vinh Tuong Industrial Corporation, BASF, Nichiha Corporation, Universal Cement Corporation (UCC), Dryvit Systems Inc., Louisiana Pacific Corporation, Central Glass, Knauf, Terraco Group, SHERA, Sto SE & Co KGaA, Kingspan PLC, Etex Group, Nippon Sheet Glass, Boral Limited, ParexGroup SA, USG Corporation, Guardian Industries, James Hardie Industries PLC, and Asahi Glass.
The Cladding Segment Is Anticipated To Attain The Major Share In The Global Market By 2032
For effective analysis regarding the global facade systems market, the report categorizes the market by type and by end use. Based on the type, the market is bifurcated into EIFS, cladding, curtain wall, and siding. Based on end use, the market is divided into non-residential and residential. Among the type segment, cladding is likely to grab the major share in the global facade systems market by the end of the prediction period. The elevation in the construction of non-residential and residential projects is likely to propel the demand for the cladding segment, as the segment offers significant advantages to the construction sites such as pollution control, fire resistance, and insulation to the new buildings.
The Non-Residential Segment Is Expected To Spur At A Greater CAGR In The Global Market By 2032
The non-residential sector is likely to grab a significant share in the global facade systems market by the end of 2032. The key reason behind the expansion of the non-residential segment in the coming years is the realization of the benefits of facade systems by the builders and contractors. The facade systems not only protect the building from the non-suitable environmental conditions but also enhance the building’s appearance. Moreover, the rising trend of construction of green buildings to restrain the impact of global warming and hike in energy costs lead to the generation of immense opportunities for this market’s growth. The non-residential segment in the global facade systems market majorly includes the manufacturing of exterior wall systems of the commercial and industrial buildings.
In 2018, the Middle East & Africa held the major share in the global market and is expected to propel at the utmost growth rate between 2019 and 2025. The builders and constructors in this region have been continuously demanding for the access of facade systems owing to which a remarkable growth is projected in this particular region. Turkey and the UAE are the leading regions in the Middle East & Africa demanding facade systems.
Browse the full “Global Facade Systems Market By Type (EIFS, Cladding, Curtain Wall, And Siding), By End-Use (Non-Residential, And Residential), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/facade-systems-market
The global facade systems market is categorized as follows:
By Type:
By End Use:
By Region
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