"We Envision Growth Strategies Most Suited
to Your Business"

Exterior Wall Systems Market to Reach USD 370.82 Billion by 2029; Increasing Public and Private Investments to Foster Market Growth

June 09, 2022 | Chemicals & Materials

The global exterior wall systems market size is expected to grow significantly by reaching USD 370.82 billion by 2029. Fortune Business Insights™ in its report titled “Exterior Wall Systems Market Size, Share & COVID-19 Impact Analysis, By Material (Vinyl, Ceramic Tiles, Gypsum/Plasterboard, Glass Panel, EIFS, Fiber Cement, Wood Board, HPL Board, Bricks & Stone, Fiberglass Panel, and Others), Type (Ventilated Façade, Curtain Wall, and Non-Ventilated Façade), By End-Use (Residential and Non-Residential), and Regional Forecast, 2022-2029” observes that the market size in 2021 was USD 211.41 billion and reached USD 223.67 billion in 2022. The market is expected to grow at a CAGR of 7.5% during 2022-2029. Rising public and private investments coupled with strict energy efficiency regulations and green buildings may influence the industry growth.


Holcim Announced New Products to Enhance Product Portfolio


Holcim announced its ECOPlanet range of green cement offerings in July 2021 to deliver 30% lower carbon footprint while also offering excellent performance. This launch may allow the company to considerably enhance its product offerings and bolster its sales.


Restrictions on Construction Impeded Market Growth


This industry was negatively affected during the pandemic due to restrictions imposed on construction activities. The alarming spike in COVID-19 cases led to the closure of construction activities. This factor led to huge losses, thereby restricting the market growth. However, the resumption of activities post-COVID-19 enabled manufacturers to balance costs and resume activities. Moreover, manufacturers adopted social distancing and automated production techniques to recover their costs. These factors may influence the industry's growth.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/exterior-wall-systems-market-104394


Rising Construction Projects Worldwide to Elevate Market Progress


Exterior wall systems are enclosures of a building designed to protect the interiors from uneven climate conditions. Rising construction projects may bolster the materials’ adoption. Furthermore, the increasing demand for materials from several modern construction projects may boost sales. Moreover, increasing awareness regarding the energy conservation capability of these wall systems may enhance their adoption. These factors may boost the exterior wall systems market growth.


Companies Adopt Expansion Strategies to Bolster Brand Image Worldwide


Prominent companies operating in the market announce expansions to elevate their brand image and obtain an enormous consumer base. For example, Evonik Industries expanded its product portfolio for high-performance, non-combustible, and mineral-based insulation materials for vented curtain walls, façade elements, flat roofs, and balconies to optimize buildings in December 2021. Further, companies adopt research & development to incorporate better materials. Moreover, companies adopt automated production techniques to boost their market position.


Notable Industry Development



  • November 2020- Etex acquired Knauf’s Australian plasterboard business to expand its global footprint.


List of Key Players Profiled in the Report



  • Nippon Sheet Glass Co., Ltd (Japan)

  • Saint-Gobain (France)

  • AGC Inc. (Japan)

  • Sika AG (Switzerland)

  • PPG Industries, Inc. (U.S.)

  • 3A Composite Holding AG (Switzerland)

  • SCG (Thailand)

  • Etex Group (Belgium)

  • Owens Corning (U.S.)

  • Evonik Industries AG (Germany)

  • LafargeHolcim (Switzerland)

  • USG Boral (Australia)

  • DuPont (U.S.)

  • Dow (U.S.)


Further Report Findings



  • The market in Asia Pacific stood at USD 86.83 billion in 2021 and is expected to gain a huge portion of the global exterior wall systems market share in the coming years. The presence of several large-scale construction projects is expected to enhance the demand for exterior wall systems.

  • Moreover, increasing infrastructure projects, such as Shanghai Urban Rail Transit Expansion and Beijing’s Daxing International Airport, are expected to enhance the market progress.

  • In Europe, the rising energy efficiency trends and green buildings are expected to enhance the industry growth.


Report Scope & Segmentation






















































  ATTRIBUTE



  DETAILS



Study Period



2018-2029



Base Year



2021



Estimated Year



2022



Forecast Period



2022-2029



Historical Period



2018-2020



Unit



Value (USD billion)



Segmentation



By Type, Material, End-Use, and Geography



By Type




  • Ventilated Façade

  • Curtain Walls

  • Non-ventilated Façade



By Material




  • Ceramic Tiles

  • Vinyl

  • Gypsum/Plasterboard

  • Glass Panels

  • EIFS

  • Fiber Cement

  • Wood Board

  • HPL Board

  • Fiberglass Panel

  • Bricks & Stone

  • Others



By End-Use




  • Residential

  • Non-Residential



By Geography




  • North America (By Type, By Material, By End-Use, By Country)





    • U.S. (By End-use)

    • Canada (By End-use)





  • Europe (By Type, By Material, By End-Use, By Country)





    • Germany (By End-use)

    • France (By End-use)

    • U.K. (By End-use)

    • Italy (By End-use)

    • Spain (By End-use)

    • Russia (By End-use)

    • Rest of Europe (By End-use)





  • Asia Pacific (By Type, By Material, By End-Use, By Country)





    • China (By End-use)

    • Japan (By End-use)

    • India (By End-use)

    • Southeast Asia (By End-use)

    • Rest of Asia Pacific (By End-use)





  • Latin America (By Type, By Material, By End-Use, By Country)





    • Brazil (By End-use)

    • Mexico (By End-use)

    • Rest of Latin America (By End-use)





  • Middle East & Africa (By Type, By Material, By End-Use, By Country)





    • GCC (By End-use)

    • Rest of Middle East & Africa (By End-use)




Global Exterior Wall Systems Market
  • PDF
  • 2021
  • 2018-2020
  • 230

    CHOOSE LICENSE TYPE

  • 4850
    5850
    7850

Our Clients

Samsung
Dupont
Itochu
Schlumberger
uniliver
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X