Exterior Wall Systems Market Size, Share, Trends, Growth and Forecast 2030

Exterior Wall Systems Market

Exterior Wall Systems Market By Application(industrial, commercial, and residential sectors), By Product Type (non-ventilated and ventilated), By Material (wood, masonry, stucco, fiber cement, vinyl, and others) By Region (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa) - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6509 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 138.70 Billion USD 251.83 Billion 7.74% 2022

Description

Global Exterior Wall Systems Market: Overview

The global Exterior Wall Systems Market size was worth around USD 138.70 Billion in 2022 and is predicted to grow to around USD 251.83 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.74% between 2023 and 2030.

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Exterior wall systems are utilized to protect the surface of the building from various elements including fire, rainfall penetration, excess cold & heat, and other hazards of the external environment. It acts as an envelope of the building by facilitating the protective covering on the external surface of the building. Furthermore, the exterior wall systems are utilized to enhance the aesthetic look of the building. Lightweight materials are utilized for faster and lower costs of construction. There are several kinds of exterior wall systems including ventilated, curtain walls, and non-ventilated. Exterior wall systems find huge applications in the commercial, industrial, and residential sectors.

A few major driving forces behind the expansion of the global external wall systems market are the brisk expansion of construction activities, growing preference for dry construction methods, and rising interest in green buildings. The Global Exterior Wall Systems Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors playing a substantial role in the market.

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Global Exterior Wall Systems Market Definition

Exterior wall systems shield a building’s exterior from environmental threats, including fire, extreme heat and cold, rain penetration, and other weather-related dangers. It serves as a building envelope by providing a shield for the structure’s exterior. Exterior wall systems are also employed to enhance a building’s visual appeal. They use lightweight materials for quicker construction and less expensive building. Several types of exterior wall systems exist, including curtain walls, ventilated walls, and non-ventilated walls. Systems for exterior walls are used in the residential, commercial, and industrial sectors.

Global Exterior Wall Systems Market: Growth Factors

The growing demand for exterior wall systems all across the globe is one of the major factors driving the growth of the global exterior wall systems market. Moreover, the growing funding from the government on national infrastructure development is likely to complement the growth of the market. Moreover, the growing demand for green building creates several lucrative growth opportunities in the global exterior wall systems market. The ongoing technological advancements across various sectors, including the raw material producer are likely to offer ample thrust to the growth of the market. The emergence of advanced modular, precast, and prefabricated building structures for commercial and residential infrastructures is also enticing people, which in turn will escalate the requirement of the exterior wall system. Furthermore, the spike in the population and migration rates of people from rural to urban areas for achieving a better quality of life will trigger the need for housing infrastructures. Therefore, there is likely to be a massive consumption of exterior wall systems along with other construction materials in the forthcoming years. The growing inclination of consumer preferences towards energy-saving construction materials along with surging applications of material with higher R-value is likely to promulgate the growth of the global exterior wall systems market in the forthcoming years.

Global Exterior Wall Systems Market: Segmentation

The global exterior wall systems market can be segmented into application, material, type, and region.

By application, the market can be segmented into the industrial, commercial, and residential sectors. The residential segment accounts for the largest share in the global exterior wall systems market due to the growing awareness among consumers regarding the importance of energy-efficient building solutions.

By material, the market can be segmented into wood, masonry, stucco, fiber cement, vinyl, and others. The stucco segment holds the largest share in the global exterior wall systems market due to the growth in demand for fixing the hairline cracks in walls without making them more noticeable.

By type, the market can be segmented into non-ventilated and ventilated. The ventilated segment dominates the global exterior wall systems market. The growth can be attributed to the surging demand by people for the ventilated buildings that allow fresh air in the building and also remove the moisture-laden air outside.

Global Exterior Wall Systems Market: Regional analysis

North America accounts for the largest share in the global exterior wall systems market due to the growing demand for green buildings in the region. However, the shifting focus of the government on building green infrastructure in the region will further complement the growth. The ongoing technological advancements in the field of construction materials are likely to significantly propel the growth of the regional market in the forthcoming years.

Asia Pacific is expected to witness a significant growth rate in the forthcoming years due to the growing demand for energy-efficient solutions in the region.

Exterior Wall Systems Market: Report Scope

Report Attributes Report Details
Report Name Exterior Wall Systems Market Size Report
Market Size in 2022 USD 138.70 Billion
Market Forecast in 2030 USD 251.83 Billion
Growth Rate CAGR of 7.74 %
Number of Pages 188
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Etex, Owens Corning, sika, 3A Composites, PPG Industries, Alcoa Corporation, Asahi Glass, Saint-Gobain, Nippon Sheet Glass, USG Corporation, James Hardie, China Jushi, Stadur Produktions GmbH, Trusus Technology, PolyOne Corporation, Toray Industries, Egger Group, Fletcher Building, Kronospan Limited, Evonik Industries, LafargeHolcim, CSR Limited, Elementia, Toray Industries, Egger Group, and Boral Limited.
Segments Covered By Type, By Application, By End user and By region.
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Exterior Wall Systems Market: Competitive Players

Some of the significant players in the global exterior wall systems market are -

  • Etex
  • Owens Corning
  • sika
  • 3A Composites
  • PPG Industries
  • Alcoa Corporation
  • Asahi Glass
  • Saint-Gobain
  • Nippon Sheet Glass
  • USG Corporation
  • James Hardie
  • China Jushi
  • Stadur Produktions GmbH
  • Trusus Technology
  • PolyOne Corporation
  • Toray Industries
  • Egger Group
  • Fletcher Building
  • Kronospan Limited
  • Evonik Industries
  • LafargeHolcim
  • CSR Limited
  • Elementia
  • Toray Industries
  • Egger Group
  • Boral Limited.

By Application:

  • Industrial
  • Commercial 
  • Residential sectors

BY Product Type:

  • Non-ventilated 
  • Ventilated

By Material:

  • Wood
  • Masonry 
  • Stucco 
  • Fiber cement 
  • Vinyl
  • Others

Global Exterior Wall Systems Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The growing demand for exterior wall systems all across the globe is one of the major factors driving the growth of the global exterior wall systems market. Moreover, the growing funding from the government on national infrastructure development is likely to complement the growth of the market.

Some of the significant players in the global exterior wall systems market are Etex, Owens Corning, sika, 3A Composites, PPG Industries, Alcoa Corporation, Asahi Glass, Saint-Gobain, Nippon Sheet Glass, USG Corporation, James Hardie, China Jushi, Stadur Produktions GmbH, Trusus Technology, and PolyOne Corporation.

 

North America accounts for the largest share in the global exterior wall systems market due to the growing demand for green buildings in the region. However, the shifting focus of the government on building green infrastructure in the region will further complement the growth.

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