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Pandemic disrupted the entire world and affected many industries.
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Request Now !Facade tiles are used to enhance the external appearance of the building, which makes building attractive. Facade also covers the ventilator louvers, roof, and street awnings, including the horizontal and vertical aspects of the building. The facade materials are being used for energy recreation along with enhancing the outward appearance of the building. Facade helps in temperature management of the buildings. The facades are mostly used in high rise buildings and offices in storefronts and residences. The role of facade has increased in the construction sector owing to the growth in the construction sector. Facades are the important elements of the building that helps achieve energy efficiency and interior comfort requirements of the building. Researchers from UPM based in Madrid, Spain, in 2017, have developed a ventilated Facade that significantly saves energy in buildings. The final energy consumption of the building depends upon the various types of facade systems that are in use. In addition, the execution of the installation followed by the design of the Facade form the critical factors in determining the total energy consumption of the building.
The major factors contributing toward the growth of the Facade tiles market include investment in R&D. A key player AFS International develops and produces innovative and high-end facade tiles. Rapid urbanization, increase in number of renovation projects, and eco-friendly bioclimatic facades drive the global Facade tile market during the forecast period. According to the United Nations department of Economic and Social Affairs, 55% of the global population of 2018 will live in urban area. By 2050, this proportion is expected to increase by 68%. This growth in urbanization demands attractive buildings, thus fostering the growth of the facade tiles market. According to BUILDING, an information pioneer for the construction industry in the UK, the cost of the Facade is 15% to 20% of the total construction cost. This high cost of the facades is the major factor restricting the growth of the global Facade tiles market. The use of innovative facade materials such as bio-climatic facades and weather-specific facades is expected to drive the growth of the global Facade tiles market during the forecast period.
The Facade tile market can be segmented on the basis of raw material, facade type, end user, and region. Based on raw material, the market is divided into stone, metal, glass, wood, ceramic, concrete, polyvinyl chloride (PVC), and others (bio-based and terracotta). Based on facade type, the market is bifurcated into ventilated and non-ventilated. Based on end user, the market can be categorized into residential, commercial, and others. By region, the facade tiles market is studied across North-America, Europe, Asia-Pacific, and LAMEA. As per official statistics of InvestIndia, by 2025, Construction output of India is expected to grow on an average by 7.1% annually. This growth in construction industry will demand Facade tiles.
The key players in global Facade tiles market include Wienerberger, TONALITY GmbH, maximumaustralia, dumaplast, Cerámica Mayor, EQUITONE, Horizon Italian Facades, Mosa, Jiangsu Paneltek Ceramic Co., Ltd., and Avenere Cladding LLC. TONALITY GmbH offers Facade panels like grooved, single pilaster strip, random grooves, and waved among others. A key player Mosa announced its expansion in the U.S. in May 2017.
Key Market Segments
Key Market Players
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