Façade Materials Market, Global and Regional, 2024 2030
Architectural Glass is Experiencing Transformational Growth due to Global Architectural Trends Across all SegmentsIn this analysis, Frost & Sullivan covers materials for façades in residential and non-residential buildings and in different regions worldwide. Materials covered include renders, clay-based materials, ceramics, terracotta, fiber cement, natural materials (wood, stone, and metals), polymer-based materials, synthetics and plastic composites, laminates, architectural glass, and other materials.
New building activity is calculated for both the residential and non-residential segments in all regions for 2023 and 2030. In both points in time, the share of each material is estimated based on innovation, sustainability, income level, and fire regulation-based factors.
In broad terms, cities worldwide are converging, particularly in the non-residential segment, with high rises becoming more similar to each other. The residential segment is more diverse, in terms of both façade materials and structural materials. Nevertheless, glass and minimalism, led by North American and European use cases, are strong almost everywhere and gaining market share.
High rises and big commercial building architecture are globalized, driving demand for glass as a main façade material.
Diversity in materials is higher as buildings get smaller, but curtain walls seem to be gaining market in the residential segment. This growing penetration might be driven by improvements in the performance of curtain walls and aesthetic trends among architects, investors, and end customers.
Globally, in the residential segment, when comparing the market share of materials between 2023 and the forecast for 2030, bricks, renders, fiber cement, and vinyl appear to be reducing their share, while glass, laminates, and natural materials show positive numbers.
Stone and wood are getting strong competition from materials that mimic their looks (e.g., a faux stone made with autoclaved aerated concrete [AAC] or a metal sheet that looks like wood) and with the advantages of ease of installation, low maintenance, lighter weight, and durability that some of the mentioned materials do not possess.