Global Exterior Wall Systems market analysis 2024, Forecast To 2033
30 Jan, 2024
The exterior wall systems market has experienced rapid growth, rising from $216.3 billion in 2023 to $239.17 billion in 2024, with a compound annual growth rate (CAGR) of 10.6%. This growth in the historic period is attributed to the construction boom, sustainable building practices, urbanization and population growth, and building renovation and retrofitting. Looking ahead to 2028, the market is expected to see strong growth, reaching $341 billion, maintaining a 9.3% CAGR. The forecasted expansion can be attributed to energy-efficient retrofitting, urban density and vertical construction, climate change adaptation, pandemic-resilient buildings, and 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, and modular and prefabricated wall systems.
Global Exterior Wall Systems Market Key Driver
The exterior wall systems market is set for growth due to the increasing demand for green buildings, with the demand for green buildings in India expected to double by 2022, reaching nearly 10 billion sq ft, as reported by ANAROCK. Green buildings contribute to reducing carbon emissions, energy consumption, and water consumption, driving the adoption of exterior wall systems.
Get A Free Sample Of The Global Exterior Wall Systems Market ReportGlobal Exterior Wall Systems Market Segments
The global 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
By Geography: The regions covered in the Exterior Wall Systems market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia-Pacificwas the largest region in the exterior wall systems market in 2023. Asia-Pacificis expected to be the fastest-growing region in the exterior wall systems market during the forecast period. The regions covered in the exterior wall systems market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Exterior Wall Systems Industry Players
Nippon Sheet Glass Co.Ltd., Saint-Gobain Gyproc India, Sika AG, Etex Group Co., Owens Corning, Evonik Industries AG, Holcim Group Co., USG Boral Corp., DuPont Inc., Fletcher Building Co., Egger Group, Toray Industries Inc., CSR Ltd., CRH plc, Cornerstone Building Brands Co., Schweiter Technologies AG, AGC Inc., James Hardie Australia Pty Ltd., Alcoa Corporation, 3A Composites, Avient Corporation, Louisiana-Pacific Corporation, Nichiha Corporation, Cornerstone Building Brands, The Dow Company, Boral Limited, Siam Cement Group, USG Corporation, Kingspan Group, Cembrit Holding A/S, Tata Steel Limited, ArcelorMittal Corp., Nippon Steel & Sumitomo Metal Corporation, BlueScope Steel Limited, Ruukki Construction Oy, Alubond U.S.A., Alstrong Enterprises India Pvt. Ltd., Aludecor Lamination Pvt. Ltd., Alumax Panel Inc., Alumil S.A.
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Exterior Wall Systems Market Overview
An exterior wall system is the main concept in building design and construction that creates a wrapper around the masonry structure to protect it from environmental influences.
Exterior Wall Systems Global Market Report 2023 provides data on the global exterior wall systems market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The exterior wall systems market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.