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How has the exterior wall systems market size evolved in recent years?

In recent times, the market size for exterior wall systems has witnessed a swift expansion. It’s projected to rise from $235.93 billion in 2024 to $259.7 billion in 2025 with a compound annual growth rate (CAGR) of 10.1%. Factors contributing to this growth in the past have included a boom in construction, sustainable building methods, urbanization and population increase, as well as the renovation and retrofitting of buildings.

What are the predictions for the exterior wall systems market size in the coming years?

In the upcoming years, the exterior wall systems market is predicted to experience substantial growth, expanding to a massive $371.48 billion by 2029 with a compound annual growth rate (CAGR) of 9.4%. This projected growth during the forecast period can be associated with various factors such as energy-efficient retrofitting, increased urban density coupled with vertical construction, adjustments in response to climate change, development of pandemic-resilient buildings, and the acquisition of green building certification. Some emerging trends to look out for during this period incorporate energy-efficient insulation methods, enhanced facade designs and aesthetics, application of digital building information modeling (bim), intelligent wall systems, as well as modular and prefabricated wall systems.

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What key factors are fueling the growth of the exterior wall systems market?

The increased preference for green buildings is fuelling the expansion of the exterior wall systems market. These environmentally conscious structures help in cutting carbon emissions, lowering energy usage, and diminishing water consumption. As revealed in a study by real estate services firm ANAROCK, it is anticipated that the demand for green buildings in India will multiply twofold by 2022, amounting to almost 10 billion sq ft. It is also projected to be worth between $35-50 billion. Consequently, the surging demand for green buildings is poised to propel the development of the exterior wall systems market.

How is the global exterior wall systems market divided into key segments?

The exterior wall systems market covered in this report is segmented –

1) By Type: Ventilated Facade, Curtain Wall, Non-Ventilated Facade

2) By Materials: Bricks And Stone, Metal Panels, Plaster Boards, Fiber Cement, Ceramic Tiles, EIFS, Glass Panels, High-Pressure Laminate boards, Fiberglass Panels, Wood Boards, Other Materials (Vinyl)

3) By End-Use: Residential, Commercial, Industrial

Subsegments:

1) By Ventilated Facade: Open Joint Facade Systems, Closed Joint Facade Systems

2) By Curtain Wall: Stick-Built Curtain Walls, Unitized Curtain Walls, Structural Glazed Curtain Walls

3) By Non-Ventilated Facade: Cladding Systems, Rendered Systems, Panel Systems

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Who are the key firms paving the way for growth in the exterior wall systems market?

Major companies operating in the exterior wall systems market include Nippon Sheet Glass Co.Ltd., Saint-Gobain Gyproc India, Sika AG, Etex Group Co., Owens Corning, Evonik Industries AG, Holcim Group Co., USG Boral Corp., DuPont Inc., Fletcher Building Co., Egger Group, Toray Industries Inc., CSR Ltd., CRH plc, Cornerstone Building Brands Co., Schweiter Technologies AG, AGC Inc., James Hardie Australia Pty Ltd., Alcoa Corporation, 3A Composites, Avient Corporation, Louisiana-Pacific Corporation, Nichiha Corporation, The Dow Company, Boral Limited, Siam Cement Group, USG Corporation, Kingspan Group, Cembrit Holding A/S, Tata Steel Limited, ArcelorMittal Corp., Nippon Steel & Sumitomo Metal Corporation, BlueScope Steel Limited, Ruukki Construction Oy, Alubond U.S.A., Alstrong Enterprises India Pvt. Ltd., Aludecor Lamination Pvt. Ltd., Alumax Panel Inc., Alumil S.A.

Which trends are expected to transform the exterior wall systems market?

In the exterior wall systems market, major businesses are concentrating their efforts on developing innovative solutions. They aim to use construction methodologies to improve aspects such as energy efficiency, durability and aesthetics, while simultaneously cutting down on installation time and costs. The term ‘construction methods’ encompasses a range of techniques and practices employed during the building process, designed to assemble and install materials efficiently. The goal is to boost energy efficiency and durability, improve aesthetics, and keep installation time and costs low. As an example, the Canada-based UnitiWall Corporation introduced a fully unitized, modular wall system in July 2023. This new system was created with new constructions and deep energy retrofits in mind, and consists of a cold-rolled steel structural frame that houses key features such as an air vapor barrier, thermal breaks, insulation layers and a unique Thermal Plenum frame for effective drainage and ventilation. Customizable to match specific project needs, the wall panels offer wide-ranging exterior cladding options and window types.

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What regions are contributing significantly to the growth of the exterior wall systems market?

Asia-Pacific was the largest region in the exterior wall systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the exterior wall systems market during the forecast period. The regions covered in the exterior wall systems market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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