The Exterior Wall System Market is Expected to Grow with 8.04% CAGR During the Period, 2019–2024.
The global market has immense potential and market titans have realized that well. That reason has forced them towards strategic implementations of moves. These moves include merger, acquisition, product launch, collaboration.
MRFR profiled a few possible players and tried to integrate their latest moves for a better understanding of trends, Saint-Gobain (France), Nippon Sheet Glass Co., Ltd (Japan), AGC Inc. (Japan), Kronoplus Limited (Austria), Evonik Industries (Germany), EGGER Group (Austria), TORAY INDUSTRIES, INC. (Japan), Fletcher Building (New Zealand), ELEMENTIA (Mexico), LafargeHolcim (Switzerland), USG BORAL (Singapore), CSR Limited (Australia), 3A Composites GmbH (Switzerland), Sika AG(Switzerland), and Owens Corning (US).
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Market Synopsis: Global Exterior Wall System Market
The Global Exterior Wall System Market is expected to witness 8.04% CAGR over the forecast period. The base year considered for the study of the market, is 2018, and the forecast period for the global exterior wall systems market is 2019 to 2024.
The market for exterior wall systems has been witnessing moderate growth in the past couple of years, globally. The demand for exterior wall systems is expected to be driven by factors such as the government support for construction and the growing preference for dry construction methods over wet construction methods. Governments across the world are focused on developing and promoting their infrastructure. Moreover, they are continuously focusing on introducing various reforms and regulations to boosting the growth of their infrastructure and real-estate industries. Such reforms and regulations are expected to drive the construction industry, which drive the exterior wall system market, further.
Consumers prefer using exterior glass wall systems while constructing residential or commercial spaces. Modular exterior wall systems are the preferred glass wall systems used while construction as they do not require a lot of time for construction. Exterior cladding materials such as metal, wood, and stone are extensively used for the construction of exterior walls as they provide the exterior wall cladding of a building an aesthetic appeal and texture to the building of external.
Global Exterior Wall System Market Segmentation:
Based on the type, the exterior wall system market encompasses ventilated façade, curtain wall systems, and non-ventilated façade. In 2018, the ventilated façade segment had the largest market share which they expect to retain during the forecast period. The CAGR this segment is about to accumulate would be the highest one among its peers. The ventilated façade wall system segment can provide protection from humidity and adverse weather conditions.
By material, the exterior wall system market includes fiber cement, brick & stone, metal panels, wood boards, ceramic tiles, plasterboards, fiberglass panels, high pressure laminate (hpl) boards, glass panels, EIFS, and others. The glass panels segment had the largest market share in 2018 and it is expected to gain the maximum CAGR during the forecast period as well.
Based on the end-use, the exterior wall system market has been segmented into residential, commercial, and industrial. The commercial segment had the maximum market coverage and its growing activities are expected to secure its market positioning. At the same time, the influx of the global foreign direct investment (FDI) inflow in the construction industry, across the globe is expected to improve the market scenario.
Global Exterior Wall System Market: Regional Analysis
The global exterior wall system market has been segmented into regions of North America, Europe, Asia-Pacific, and the rest of the world (RoW). In 2018, Asia-Pacific held the largest share in the global exterior wall system market, followed by North America and Europe. This can be attributed to the increase in the number of construction projects mainly in developing countries, such as China and India. Growth of the construction industry in the region and government support for developing the infrastructure is expected to raise the demand for exterior wall systems in Asia-Pacific during the forecast period.
Scope of the Report
This study provides an overview of the global exterior wall system market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global exterior wall system market by material, type, end-use, and region.
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List of Tables
Table 1 Global Exterior Wall Systems Market: by Region, 2019–2024
Table 2 North America: Exterior Wall Systems Market: by Country, 2019–2024
Table 3 Europe: Exterior Wall Systems Market: by Country, 2019–2024
Table 4 Asia-pacific: Exterior Wall Systems Market: by Country, 2019–2024
Table 5 Row: Exterior Wall Systems Market: by Country, 2019–2024
Table 6 Global Exterior Wall Systems Market, by Material, by Regions, 2019–2024
Table 7 North America: Exterior Wall Systems Market, by Material, by Country, 2019–2024
Table 8 Europe: Exterior Wall Systems Market, by Material, by Country, 2019–2024
Table 9 Asia-pacific: Exterior Wall Systems Market, by Material, by Country, 2019–2024
Table 10 Row: Exterior Wall Systems Market, by Material, by Country, 2019–2024
Continued……
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down and Bottom-up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Exterior Wall Systems Market Share, by Material, 2018 (%)
Figure 9 Global Exterior Wall Systems Market Share, by Type, 2018 (%)
Figure 10 Global Exterior Wall Systems Market Share, by End-use, 2018 (%)
Continued……
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