Global Exterior Wall Systems Market Size Study & Forecast, by Type (Ventilated, Non-ventilated, Curtain Wall), By Material (Glass and Fiberglass, Ceramic, Metal, Cement, Others), By End User (Residential, Commercial), and Regional Analysis, 2023-2030
Global Exterior Wall Systems Market is valued at approximately USD 140.35 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.60% over the forecast period 2023-2030. Exterior wall systems refer to the structures and materials used to construct the outer walls of buildings. These systems are crucial for providing protection against weather elements, insulating the building, and contributing to its overall aesthetic appearance. Moreover, the increasing urbanization, growing focus on energy efficiency, increasing awareness of sustainable construction, and increase in industrial, commercial, and residential construction activities are anticipated to create the lucrative demand for the market during forecast period 2023-2030.
Additionally, with increasing urbanization and population growth, there is a rising demand for residential, commercial, and industrial infrastructure. This drives the need for efficient and aesthetically pleasing exterior wall systems to meet the construction requirements. According to The World Bank, in 2020, or approximately 4.38 billion people that are around 55% of the world's population were living in the urban areas. In addition, it is predicted that by 2045, there are around 6 million people living in cities, an increase of 1.5 times annually. Moreover, the increasing demand for green buildings, and growing investment in infrastructural projects in developing economies is anticipated to create the lucrative opportunity for the market. However, the government regulations on carbon emissions, and high production cost & capital investment stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Exterior Wall Systems Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising construction activities, stringent building codes and regulations, advancements in building technologies, and growing demand for green buildings. Whereas, the Asia Pacific is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the rapid urbanization and construction activities, increasing infrastructure investments, and stringent building regulations and sustainability initiatives in the region.
Major market players included in this report are:Schweiter Technologies AG
CSR Limited
AGC Inc
The Siam Cement Public Company Limited
Etex Group
Louisiana Pacific Corporation
Nichiha Corporation
Cornerstone Building Brands
CRH Plc
Alcoa Corporation
Recent Developments in the Market: In December 2021, Evonik Industries has broadened its range of mineral-based, non-combustible, and high-performance insulation materials with the introduction of new offerings under the CALOSTAT Pad series. Renowned for its exceptional insulating properties, CALOSTAT Pad finds application across various construction elements, including façades, vented curtain walls, flat roofs, balconies, building components, basement ceilings, underground parking structures, and technical building equipment, enabling optimal thermal efficiency and performance enhancement.
Global Exterior Wall Systems Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Material, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Type:
Ventilated
Non-ventilated
Curtain Wall
By Material:
Glass and Fiberglass
Ceramic
Metal
Cement
Others
By End User:
Residential
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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