The exterior wall system market size from industrial building application is expected to grow at a CAGR of 7.7% by 2027. This growth is attributed to a rise in industrial infrastructure and construction projects in emerging economies.

The exterior wall system market size from vinyl material accounts for more than 20% of the overall market revenue and is poised to record appreciable gains through the analysis period due to their multiple advantages. These benefits comprise better weathering, advanced aesthetic value, and non-fading characteristics.

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Exterior Wall System Market from Non-ventilated segment are poised to record a CAGR of 7.5% by 2027. This is due to the rich aesthetics of these systems and the advantages of high quality insulation, slimmer design, and noise damping property.

The rising requirement for the improvement of energy efficiency of buildings is set to augment the demand for exterior wall cladding applications. All in all, increasing per capita expenditure on residential infrastructure will stimulate the growth of exterior wall systems market size through the estimated period.

Other advantages comprise enhanced resistance to rotting, peeling, cracking, blistering, corroding, flaking, chipping, and excessive fading. The huge availability of vinyl material in numerous patterns and designs is expected to impel exterior wall system industry growth through the anticipated period.

Furthermore, rising standardization in the building and construction industry and the inflow of FDI in developing countries will boost exterior wall system market growth. To cite an instance, the European Union is actively implementing policies for the reinforcement of economic ties with developing countries, especially in Africa, where requirements related to infrastructure are high.

An increase in number of government policies that support the construction of green buildings are set to augment exterior wall system market value through the coming years. Such initiatives will impel an upsurge in real-estate and infrastructure projects, bolstering business landscape through 2027.

The exterior wall system market share is estimated to surpass a valuation of USD 390 billion by 2027. Considering an instance, in September 2020, Technoform launched its thermal isolator clip for buildings having continuous insulation systems. The product is suitable for both new construction and renovation applications and has been engineered for usage in exterior wall cladding as well as façade systems.

The North America exterior wall system market is anticipated to record a nearly 30% share through 2027.North America is characterized by rising per capita income and an increase in the quality of life that enables citizens to make an expenditure for residential infrastructure.

This is because apartment developers in North America seek growth in secondary and suburban markets. With an increase in nuclear families, developers repeatedly construct flats, apartments, and societies, which limits their capability for the provision of best furnished facilities at minimum constraints.

Several exterior wall system industry players are also focusing on product innovations, mergers, geographic expansion, partnerships, and joint ventures for consolidating their position in the market. Some of the industry participants include Saint-Gobain S.A., Sika Group, Owens Corning, Boral Limited, The Dow Company, and others.

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Data Tables

TABLE 1    Exterior wall system industry 360° synopsis, 2017 – 2027

TABLE 2    Global exterior wall system market (Million sq. meter) (USD Million), 2017 – 2027

TABLE 3    Global exterior wall system industry volume estimates and forecasts by type, (Million sq. meter), 2017 – 2027

TABLE 4    Global exterior wall system industry revenue estimates and forecasts by type, (USD Million), 2017 – 2027

TABLE 5    Global exterior wall system industry volume estimates and forecasts by material, (Million sq. meter), 2017 – 2027

TABLE 6    Global exterior wall system industry revenue estimates and forecasts by material, (USD Million), 2017 – 2027

TABLE 7    Global exterior wall system market volume estimates and forecasts by application, (Million sq. meter), 2017 – 2027

TABLE 8    Global exterior wall system industry revenue estimates and forecasts by application, (USD Million), 2017 – 2027

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