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Exterior Wall System Market Size

  • Report ID: GMI4977
  • Published Date: Jul 2023
  • Report Format: PDF

Exterior Wall System Market Size

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.

 

Exterior Wall System Market
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Exterior Wall System Market Growth Drivers & Restraints

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.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for exterior wall system is anticipated to record more than 7.9% CAGR from 2023 to 2032, due to the rising rate of replacement of aging infrastructure worldwide.

Ventilated exterior wall system market size is expected to witness around 8% CAGR from 2023 to 2032, on account of the rising importance of ventilation and airtightness in building interiors.

The residential application segment is poised to depict substantial expansion through 2032, attributed to the growing focus on longevity, energy efficiency, as well as the overall comfort of homes.

Leading firms engaged in the exterior wall system market are Saint-Gobain S.A., Etex Group, Sika Group, The Dow Company, Alcoa Corporation, Nichiha Corporation, LafargeHolcim Ltd, 3A Composites, Boral limited, SCG, SIKA Group, CSR Limited, Cornerstone Buildings Brand, and Owens Corning among others.

Exterior Wall System Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 227
  • Countries covered: 19
  • Pages: 180
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