Home > Construction > Construction Materials > Wall and Ceiling Materials > Exterior Wall System Market
Exterior Wall System Market size is anticipated to record more than 7.9% CAGR from 2023 to 2032. The rising rate of replacement of aging infrastructure will have a positive impact on the industry growth. The growing focus of several governments and municipalities on creating comprehensive infrastructure plans has led to the rise in public-private partnerships and allocation of resources for investing in replacing and modernizing aging infrastructure. The rapid urbanization and population growth coupled with the surging needs for upgrades and replacements for handling increased capacity will complement the market expansion.
Higher per capita spending on residential infrastructure will play a crucial role in the market expansion. According to PWC, the infrastructure spending worldwide is likely to grow from $4 trillion annually in 2012 to over $9 trillion annually by 2025. Moreover, the fluctuating raw material prices may hinder the market growth.
Report Attribute | Details |
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Base Year: | 2022 |
Exterior Wall System Market Size in 2022: | Type, Material, Application and Region |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7.9% |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 227 |
Segments covered: | Type, Material, Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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