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

Global Exterior Wall Systems Market: Overview

The exterior wall systems market is expected to reach a value of around USD 251.83 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 7.74% between 2023 and 2022. The market was valued approximately USD 138.70 billion in 2022.

Exterior wall systems are used to shield a building's surface from outside threats such as fire, infiltration from rain, extreme heat or cold, and other environmental risks. By enabling the protective covering on the building's exterior, it functions as the structure's envelope. In addition, the external wall systems are employed to improve the building's visual appeal. Lightweight materials are used in construction to speed up and save costs. Exterior wall systems come in a variety of forms, such as non-ventilated, curtain walls, and ventilated systems. Systems for outside walls are widely used in the business, industrial, and residential domains.

Global Exterior Wall Systems Market Size

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A few key factors propelling the growth of the worldwide exterior wall systems market are the rapid rise in construction activity, the increasing inclination towards dry construction techniques, and the growing fascination with green buildings. The report on the global exterior wall systems market offers a comprehensive analysis of the industry. The study provides a thorough examination of the market's major segments, trends, drivers, constraints, competitive environment, and other important variables.

Global Exterior Wall Systems Market Definition

Systems for outside walls protect a building's façade from weather-related hazards such as rain, severe heat or cold, fire, and other weather-related threats. By acting as a barrier against the outside of the structure, it functions as a building envelope. Systems for exterior walls are frequently used to improve a building's aesthetic appeal. They employ lightweight materials so that buildings can be built more quickly and for less money. There are various kinds of exterior wall systems, such as non-ventilated, ventilated, and curtain walls. Systems for external walls are employed in the business, industrial, and residential domains.

Global Exterior Wall Systems Market: Growth Factors

One of the key reasons propelling the growth of the external wall systems market globally is the increasing demand for these systems all over the world. Furthermore, the government's increasing financing for the construction of the country's infrastructure is probably going to support market expansion as well. Furthermore, the worldwide market for exterior wall systems is poised for significant expansion due to the rising demand for green buildings. Continuous technical developments in a number of industries, including the producer of raw materials, are probably going to provide the market with enough momentum to flourish. People are also being drawn to the introduction of sophisticated precast, modular, and prefabricated building structures for residential and commercial infrastructures, which will increase the need for the external wall system.

Global Exterior Wall Systems Market: Segmentation

There are four categories into which the exterior wall systems market may be divided: application, material, type, and region.

The market can be divided into the industrial, commercial, and residential sectors based on the application. Due to rising consumer awareness of the value of energy-efficient building solutions, the residential sector holds the greatest share of the worldwide external wall systems market.

The industry can be divided into segments according on material, such as wood, masonry, stucco, fiber cement, vinyl, and others. The growing need to repair small wall fractures without making them more obvious has led to the stucco category holding the greatest share of the global external wall systems market.

The market can be divided into ventilated and non-ventilated segments based on type. The global external wall is dominated by the ventilated section.

Global Exterior Wall Systems Market: Regional analysis

Because of the increasing demand for green buildings in the region, North America holds the greatest share of the global market for exterior wall systems. Nonetheless, the government's increasing emphasis on developing environmentally friendly infrastructure in the area will support the expansion even more. In the upcoming years, the construction materials industry's continuous technical improvements will probably have a major impact on the expansion of the regional market.

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The growing need for energy-efficient solutions in the Asia Pacific area is likely to drive considerable growth in the region in the upcoming years.

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