The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The exterior wall systems market has witnessed remarkable growth in recent years, with a significant surge expected in the coming decade. From 2023 to 2024, the market size is set to increase from $216.3 billion to $239.17 billion, representing a compound annual growth rate (CAGR) of 10.6%. Looking ahead, the forecast period from 2024 to 2028 predicts continued expansion, reaching $341 billion at a CAGR of 9.3%. This growth is driven by various factors, including the construction boom, sustainable building practices, urbanization, population growth, and the increasing trend of building renovation and retrofitting.

Urbanization Accelerates Growth In The Exterior Wall Systems Market

The rising trend of urbanization stands out as a key driver propelling the exterior wall systems market. Urbanization involves the growth and expansion of cities, accompanied by population migration from rural to urban areas. As of April 2022, more than 55% of the world’s population, totaling 4.3 billion people, lived in urban settings, a number expected to rise to 80% by 2050. This urban shift intensifies the demand for exterior wall systems, crucial for constructing, renovating, and maintaining buildings in densely populated urban environments.

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Major Companies and Market Segmentation

Prominent players in the exterior wall systems market include Nippon Sheet Glass Co.Ltd., Saint-Gobain Gyproc India, Sika AG, and Owens Corning, among others. The market is segmented by type (ventilated facade, curtain wall, non-ventilated facade), materials (bricks and stone, metal panels, plaster boards, etc.), and end-use (residential, commercial, industrial).

Exceler Building Solutions Secures $5 Million Investment

In May 2023, Exceler Building Solutions, a US-based producer of exterior panel building systems, secured a $5 million investment through an Opportunity Zone Fund. This fund is dedicated to advancing green building initiatives and the growth strategy of the company. The investment will accelerate the development and commercialization of Exceler’s next-generation sustainable exterior wall systems, addressing key industry needs such as sustainability, energy efficiency, aesthetics, and safety.

DuPont Expands Building Solutions Portfolio

In October 2021, DuPont, a leading US-based chemicals company, expanded its building solutions portfolio by acquiring MaxLife Industries’ ArmorWall Business. The deal included the acquisition of the ArmorWall brand, patented technology, and a manufacturing facility in Salisbury, North Carolina. This strategic move positions DuPont to meet evolving design and productivity challenges while providing a resilient portfolio of sustainable building solutions for both interior and exterior walls.

Market Trends and Forecasted Innovations

1. Energy-Efficient Insulation: With a focus on sustainability, the market is witnessing a surge in energy-efficient insulation solutions.
2. Facade Design and Aesthetics: Increasing emphasis on the visual appeal of buildings is driving innovations in facade design and aesthetics.
3. Digital Building Information Modeling (BIM): The adoption of BIM is becoming more prevalent, offering advanced digital tools for effective planning and execution.
4. Smart Wall Systems: Integration of smart technologies into wall systems for enhanced functionality and efficiency.
5. Modular and Prefabricated Wall Systems: The trend towards modular construction is influencing the development of prefabricated wall systems.

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The Exterior Wall Systems Global Market Report 2024 provides an overviewof the exterior wall systems market for the time series: historic years (2010 -2021) and ten years forecast (2023 – 2032).The exterior wall systems market forecast analyzesexterior wall systemsmarket size, exterior wall systems market share,leading competitor and their market positions.

The Table Of Content For The Exterior Wall Systems Market Include:
1. Exterior Wall Systems Market Executive Summary
2. Exterior Wall Systems Market Segments
3. Exterior Wall Systems Market Size AndExterior Wall Systems Market Growth Rate
4. Key Exterior Wall Systems Market Trends
5. Major Exterior Wall Systems Market Drivers
……
25. Key Mergers And Acquisitions In The Exterior Wall Systems Market
26. Top Exterior Wall Systems Companies
27. Exterior Wall Systems Market Opportunities And Strategies
28. Exterior Wall Systems Market, Conclusions And Recommendations
29. Appendix

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