Empty road at building exterior
Overview and Scope
A glass facade is defined as the principal front of a building facing a street or open space and is generally strong enough to withstand some of the harshest weather elements. The glass facade is an excellent way to get natural light into the structure while also allowing the occupants to enjoy the view.
Sizing and Forecast
The glass façade market size has grown steadily in recent years. It will grow from <b>$167.25 billion in 2023 to $174.69 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. </b> The growth in the historic period can be attributed to architectural aesthetics, urbanization and high-rise construction, energy efficiency regulations, natural light and view, economic growth.
The glass façade market size is expected to see steady growth in the next few years. It will grow to <b>$210.52 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. </b> The growth in the forecast period can be attributed to urban heat island mitigation, net-zero energy buildings, building renovation and retrofit, climate-resilient designs, building information modeling (bim). Major trends in the forecast period include building-integrated photovoltaics (bipv), transparent solar technologies, smart façade systems, smart glass and sensors, digital fabrication and 3d printing.
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Segmentation & Regional Insights
The glass façade market covered in this report is segmented –
1) By Product: Tempered, Insulated, Laminated, Other Products
2) By Shape: Flat Tempered Glass, Bent Tempered Glass
3) By Application: Residential, Non-Residential
<b>Asia-Pacific</b> was the largest region in the glass facade market in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the glass façade market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Increasing investments in construction activities are a major factor contributing to the growth of the market. The increasing penetration of glass-based architecture in residential and non-residential applications helps in bringing daylight for a longer period, saving on the cost of external lighting. For instance, in India, the total expenditure on the Ministry of Housing and Urban Affairs for 2021-22 is estimated at Rs 54,581 crore ($718.03 million). This is an annual increase of 14% over the actual expenditure for 2019–20. So, the increasing investments in construction, which fuel the demand for glass facades, are driving the glass facade market.
Key Industry Players
Major companies operating in the glass façade market include <b> Saint-Gobain SA, AGC Inc., Guardian Industries, Nippon Sheet Glass Co. Ltd., Sisecam Group, Kawneer Company Inc., YKK AP Inc., Rockwool International A/S, EOS Framing Limited, Harmon Inc., Xinyi Glass Holdings Limited, Schüco International KG, Asahi India Glass Limited, Enclos Corp., Permasteelisa S.p.A., Walters & Wolf LLC, Jinjiu Sci-Tech New Material Co., Rautaruukki Corporation, Hansen Group Inc., Rock Panel Group, Enterprise Francis Bouygues, Apple Inc., Hochstein International Trading Private Limited, Guardian Industries Corp., AGC Glass Europe, Pilkington Group Limited, Central Glass Co. Ltd., Euroglas GmbH, Fuyao Glass Industry Group Co. Ltd., China Glass Holdings Limited, Taiwan Glass Ind. Corp., Vitro S.A.B. de C.V., PPG Industries Inc. </b>
The glass façade market report table of contents includes:
1. Executive Summary
2. Glass Façade Market Characteristics
3. Glass Façade Market Trends And Strategies
4. Glass Façade Market – Macro Economic Scenario
5. Global Glass Façade Market Size and Growth
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26. South America Glass Façade Market
27. Brazil Glass Façade Market
28. Middle East Glass Façade Market
29. Africa Glass Façade Market
30. Glass Façade Market Competitive Landscape And Company Profiles
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