What is Facade Systems Market?
Facade is the face of the building, it is an integral part of the building shell. Architects use facades to creatively display rhythm, balance, proportion, experimentation, and spirit. Architects must balance their designs between performance and aesthetics. There are always new technologies that open new possibilities in the design of the facade. It includes the essential components which offer lateral and vertical resistance to wind and other actions and the building covering elements provide the weather resistance and thermal, acoustic and fire resisting properties.
The market study is being classified by Type (Masonry Veneer, Metal Wall Panels, EIFS, Cementitious (Fiber-Cement) Siding, Precast Concrete and Others), by Application (Residential and Non-Residential) and major geographies with country level break-up.
Saint-Gobain (France), Nippon Sheet Glass (Japan), Asahi Glass (Japan), Central Glass (Japan), Guardian Industries (United States), BASF (Germany), Sto SE & Co KGaA (Germany), Dryvit Systems Inc. ((United States)), ParexGroup SA (France), Terraco Group (United Kingdom) and Etex Group (Belgium) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are James Hardie Industries PLC (Ireland), Nichiha Corporation (Japan), Boral Limited (Australia), Louisiana Pacific Corporation (United States) and Kingspan PLC (UK).
Research Analyst at AMA predicts that Japanese and United States Manufacturers will contribute to the maximum growth of Global Facade Systems market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Facade Systems market by Type, Application and Region.
On the basis of geography, the market of Facade Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Stability of Siding and Cladding Systems
- Rise in Demand for Fiber Cement in Siding Systems
Market Trend
- Technological Advancements in the Glass Industry
Restraints
- Stringent Regulations to Reduce Greenhouse Gas Emission
- High Cost of Raw Material and Installation Costs
Opportunities
- Upsurge in Residential and Non Residential Construction and Infrastructural Activities
Challenges
Market Leaders and some development strategies
On February 18, 2019- PAREX is has announced that they have acquired CTM Coatings in Canada. CTM will allows PAREX to expand its activity in North America into the segment of technical solutions for flooring, with a particular focus on residential and commercial buildings renovation.
On April 16, 2019- LP Building Solutions has introduced a smartphone app for its LP BuildSmart program, which is designed to boost LP SmartSide preferred contractors’ businesses. With this new app, members can more easily turn LP SmartSide product purchases into LP BuildSmart points that can be redeemed for tools, sales services, and co-branded marketing support.
Key Target Audience
Manufacturers of Facade System, Suppliers of Facade System, Wholesalers, Distributors and Retailers of Facade System, Construction Industry and Governmental Bodies