Government Initiatives to Bolster Residential Infrastructure is Driving the Growth of the China Facade Market

China facade market is anticipated to grow at a moderate CAGR of 6.3% during the forecast period (2024-2031). The market growth is driven by the increasing focus of the government on the development of infrastructure, households, and businesses. The Government of China is primarily focusing on boosting household investment as against public infrastructure. Additionally, the declining urbanization is making small cities the new sites of living and industry development, contributing significantly towards the market growth. China's facade market is segmented by facade type (ventilated and non-ventilated) and by end-user (residential, commercial, and industrial).

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The major players in the China facade market include AECOM, Lindner Group, Permasteelisa Group, Saint-Gobain S.A., Jiangsu Paneltek Ceramic Co., Ltd., and Qingdao REXI Industries Co., Ltd., among others.

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Recent Developments

In June 2024, a giant LED glass façade was constructed at a financial institution in São Paulo, Brazil. The facade was equipped with an LED Glass screen- NovoGlass. NovoGlass is powered by NEXNOVO and offers transparency, brightness, and vivid display image functions.

In June 2024, Sika opened a new plant in Liaoning, China, to manufacture a full range of products, including mortars, tile adhesives, and waterproofing solutions.

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