Facade Industry Economic Landscape & Scope Till, 2014 - 2025

The facade industry is categorized based on end-users like industrial, commercial, residential, and others. The commercial sector accounted for the substantial market share of the facade and is estimated to continue its dominance in the years to come. The reason behind overall sector growth could be the availability of high construction budget and a growing number of commercial buildings such as garages, retail stores, warehouses, and others. Also, the residential sector is estimated to grow at the fastest pace in the years to come.

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Globally, Asia Pacific accounted for the substantial market share of façade and is estimated to lead the overall market in the years to come. The reason behind overall market growth could be the developing construction industry and rising use of eco-friendly and innovative materials. The developing countries like India and China are major consumers of façade in this region.

North America and Europe are also estimated to have a positive influence on future growth. Europe and North America are estimated to account for the majority market share of façade in the years to come. The reason could be the rising use of enhanced building materials and the acceptance of novel technologies. The key players of the facade market are SEPA, Enclos Corp., Harmon Inc., Permasteelisa, and Walters & Wolf. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.