The exterior wall systems market has seen considerable growth due to a variety of factors.
• The market size for exterior wall systems has seen swift expansion in recent years. There's a projected growth from $235.93 billion in 2024 to $259.7 billion in 2025, demonstrating a 10.1% compound annual growth rate (CAGR).
Factors prompting the growth in the past include an upsurge in construction, implementation of sustainable building methods, urban development, population increase, as well as building renovation and retrofitting.
The exterior wall systems market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for exterior wall systems is predicted to experience significant expansion in the upcoming years, reaching $371.48 billion by 2029 with a compound annual growth rate (CAGR) of 9.4%.
The predicted increase for the forecast period is due to factors such as energy-efficient retrofitting, intensified urban density and vertical construction, climate change adaptation measures, pandemic-resistant infrastructure, and green building certification. Key trends that will shape the forecast period incorporate energy-saving insulation, facade aesthetic designs, digital building information modeling (bim), intelligent wall systems, as well as modular and prefabricated wall systems.
The escalating need for eco-friendly structures is bolstering the expansion of the exterior wall systems market. Structures that align with green building principles result in lower carbon emissions, energy use, and water consumption. As per the findings of a study conducted by ANAROCK, a property services firm, the appetite for green structures in India is predicted to double by 2022, encompassing nearly 10 billion sq ft, and carry an estimated worth of $35-50 billion. Hence, the rising demand for eco-friendly buildings will stimulate the expansion of the exterior wall systems market.
The exterior wall systems market covered in this report is segmented –
1) By Type: Ventilated Facade, Curtain Wall, Non-Ventilated Facade
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
Subsegments:
1) By Ventilated Facade: Open Joint Facade Systems, Closed Joint Facade Systems
2) By Curtain Wall: Stick-Built Curtain Walls, Unitized Curtain Walls, Structural Glazed Curtain Walls
3) By Non-Ventilated Facade: Cladding Systems, Rendered Systems, Panel Systems
Leading businesses engaged in the exterior wall systems sector are emphasizing on the creation of technologically superior solutions. They are focusing on construction techniques that promote energy efficacy, resilience, visual attractiveness while diminishing installation duration and expenditure. These construction techniques integrate a variety of methods and practices utilized in construction systems to deploy and mount materials in a manner that maximizes energy efficiency, durability, and aesthetic appeal while reducing time and costs associated with installation. For example, in July 2023, the Canada-based manufacturing firm, UnitiWall Corporation, introduced a unified, modular wall system engineered for new builds and deep energy retrofits. This cutting-edge system employs a hardened, cold-rolled steel architectural frame that seamlessly combines vital elements such as an air vapor barrier, thermal breaks, multiple insulation layers, and an exclusive Thermal Plenum frame for efficient drain-off and airing. The wall sections can be tailored with multiple cladding options for the exterior and diverse window models, guaranteeing they fulfill distinct project stipulations.
Major companies operating in the exterior wall systems market include:
• 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
• 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.
Asia-Pacific was the largest region in the exterior wall systems market in 2024. Asia-Pacific is 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.