Glass and Metal Segment to Dominate North America Facade Market during 2019-2028

According to a new market research study on “North America Facade Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material, Application, and Product Type,” is expected to reach US$ 49.79 billion by 2028 from US$ 38.25 billion in 2021. The market is estimated to grow at a CAGR of 3.8% from 2021 to 2028. Environment and energy-related benefits is the major factor driving the growth of the North America facade market. However, risks related to complexity of façades may hinder the growth of North America facade market. The report provides trends prevailing in the North America facade market along with the drivers and restraints pertaining to the market growth.

The enactment of lockdowns and travel restrictions, shutdown of production facilities, and the shortage of employees had adversely affected the performances of major players in the construction and real estate industries in North America. Notably, the construction industry in the US witnessed the most severe impact of the COVID-19 pandemic in 2020 through labor shortage, suspension and cancellation of projects, and disrupted supply and logistics. This created a negative short-term impact on the North American façade market. However, due to the inherent properties of modern façades that improve ventilation and cooling of the building, the infrastructurally sound region has been swift in the adoption of façade systems in the construction of new buildings. Prominent players in the façade market in North America have been active in taking initiatives and signing to projects to accelerate the market's growth in the post-pandemic period from mid-2020. For example, in September 2021, Atlas Holdings, located in Greenwich, US, acquired Permasteelisa Group. Atlas Holdings owns and operates 22 manufacturing and distribution companies across the world. Similarly, in July 2020, Enclos Corp. was recognized as the 2020 Specialty Contractor of the Year by ENR Southwest for its consistent regional development and numerous accomplishments. The recently constructed Allegiant Stadium and major developments in the works at Resorts World Las Vegas and Circa have all contributed to the region's growth.

The North America facade market is segmented into material, application, product type, and country. Based on material, the North America facade market is segmented into glass and metal, concrete and steel, ceramic, wood, UPVC, and others. The glass and metal segment held the largest market share in 2020. Based on application, the North America facade market is segmented into residential, commercial, and industrial. The commercial segment held the largest market share in 2020. Based on the product type, market is segmented into windows, doors, curtain walling, and others. The curtain walling segment accounts for largest market share in the 2020. Similarly, based on country, the market is segmented into US, Canada, and Mexico. The US contributed a substantial share in 2020. 

Axis Facades; Benson Curtain Wall (MiTek Industries, Inc.); Bouygues SA; Enclos Corp.; Lindner Group; PERMASTEELISA S.P.A; Ramboll Group A/S; ROCKWOOL International A/S; and Seele verwaltungs GmbH are among the leading companies in the North America Facade Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, AXIS Facades USA, has been acquired by Lerch Bates Inc. Lerch Bates' global position in technical consulting services for the built environment, such as vertical transportation, façade access, building logistics, and building enclosure consultancy, will be expanded and strengthened as a result of the purchase.

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