SAN FRANCISCO, December 12, 2016 /PRNewswire/ --
The global facades market size is expected to reach USD 339.46 billion by 2024, according to a new study by Grand View Research, Inc. The surge in the adoption of advanced eco-friendly facades across North America and Europe is anticipated to fuel the market growth in the coming years. Furthermore, the increasing number of new building constructions, along with the rise in the number of renovation projects, is also anticipated to catapult the product demand over the forecast period.
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The commercial segment witnessed a significant facades demand in 2015, where these products are particularly used to protect the interior from environmental changes. The availability of raw materials in abundance, such as aluminum, is anticipated to lower the product price over the forecast period. In addition to these market drivers, the development of solar panels that provide usable electric energy and its integration in the building skin is also anticipated to catalyze the industry growth over the forecast period.
Browse full research report with TOC on "Facade Market Analysis By Product (Ventilated, Non-Ventilated, Curtain Wall), By End-use (Commercial, Residential, Industrial), By Material (Aluminum, Plastic & Fibers, Glass), And Segment Forecasts, 2013 - 2024" at: http://www.grandviewresearch.com/industry-analysis/facades-market
Further key findings from the study suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global facades market on the basis of product, material, application, and region:
Read Our Research Insight - http://www.grandviewresearch.com/research-insights/facades-market-insights-size-share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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