The Exterior Wall Systems Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Exterior Wall Systems Global Market Report 2024, The exterior wall systems market size has grown rapidly in recent years. It will grow from $216.3 billion in 2023 to $239.17 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to construction boom, construction boom, sustainable building practices, urbanization and population growth, building renovation and retrofitting.
The exterior wall systems market size is expected to see strong growth in the next few years. It will grow to $341 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to energy-efficient retrofitting, urban density and vertical construction, climate change adaptation, pandemic-resilient buildings, green building certification. Major trends in the forecast period include energy-efficient insulation, facade design and aesthetics, digital building information modeling (bim), smart wall systems, modular and prefabricated wall systems.
The growing demand for green buildings is contributing to the growth of the exterior wall systems market. Green building and eco-friendly infrastructure reduce carbon emissions, energy consumption, and water consumption. For instance, according to a report by ANAROCK, a real estate services company, the demand for green buildings in India is expected to double by 2022, reaching nearly 10 billion sq ft, and is expected to be valued at $35-50 billion. Therefore, growing demand for green buildings will drive the growth of the exterior wall systems market.
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The exterior wall systems market covered in this report is segmented –
1) By Type: Ventilated Fascade, Curtain Wall, Non-Ventilated Fascade
2) By Materials: Bricks And Stone, Metal Panels, Plaster Boards, Fiber Cement, Ceramic Tiles, EIFS, Glass Panels, High-Pressure Laminate boards, Fiberglass Panels, Wood Boards, Other Materials (Vinyl)
3) By End-Use: Residential, Commercial, Industrial
Product innovations are a key trend gaining popularity in the exterior wall systems market. Companies in the market are launching new, innovative products. For example, in March 2021, DuPont, a chemical company based in the United States, introduced the new DuPontTM Tedlar® polyvinyl fluoride (PVF) film for laminating exterior wall and roofing panels.
Major Players:
- Nippon Sheet Glass Co.Ltd.
- Saint-Gobain Gyproc India
- Sika AG, Etex Group Co
- Owens Corning
- Evonik Industries AG
The exterior wall systems market report table of contents includes:
1. Executive Summary
2. Exterior Wall Systems Market Characteristics
3. Exterior Wall Systems Market Trends And Strategies
4. Exterior Wall Systems Market – Macro Economic Scenario
5. Exterior Wall Systems Market Size And Growth
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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