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The market research report, entitled Exterior Wall System Market shows good possibilities in the Exterior Wall System Market during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges, and key players in the market.

Global Exterior Wall System Market Forecast:

The exterior wall system market was estimated at USD 139.4 billion in 2021 and is likely to grow at a CAGR of 7.33% during 2022-2028 to reach USD 229.33 billion in 2028.

An exterior wall system is used either to absorb or shed the majority of bulk rainwater penetration before it enters the covered spaces of any wall assembly.

COVID-19 IMPACT

The global pandemic Covid-19 significantly impacted the exterior wall system market in 2020. The market is expected to revamp owing to the revival of the construction sector post-pandemic.

Key Players

The following are some of the key players in the Exterior Wall System Market:

Asahi Glass (AGC)

Boral Limited

CSR Limited

Fletcher Buildings

James Hardie

Nippon Glass Sheet

Lronospan Limited

Toray Industries Ltd

Saint Gobain

The Dow Company

USG Corporation.

Market Dynamics

The growth of the exterior wall system market is primarily driven by-

Increasing commercial infrastructure in the Asia-Pacific region,

Rising per capita expenditure for residential infrastructure,

Growing replacement of aging infrastructure.

Exterior Wall System Market Segmentation:

The report segments based on demographics, geographics, benefits, volume, etc, have different driving factors and identify the most attractive segments and sub-segments. Exterior Wall System and other resources also allow companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.

Based on the type, the market is segmented as ventilated and non-ventilated. The ventilated segment is estimated to account for the major share of the market during the forecast period. The major factor driving the growth of the segment is its ability to remove stale air outside, as a controlled indoor ventilated environment is comfortable and healthy for occupants and less inclined to mold growth and dust mites.

Based on the material type, the market is segmented as vinyl, fiber cement, stucco, masonry, wood, and others. Stucco is estimated to witness high growth in the market during the forecast period. The major factor driving the segment’s growth is its ability to fix hairline cracks without patch-up, letting the material remain good at moisture in cold climates.

In terms of regions, Asia-Pacific is estimated to lead the market during the forecast period. Shifting focus to slow down the construction solutions to decrease greenhouse gas emissions is expected to increase market expansion. China and India are the growth engines of the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis

Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

Market trend and forecast analysis

Market segment trend and forecast

Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

Attractive market segments and associated growth opportunities

Emerging trends

Strategic growth opportunities for the existing and new players

Key success factors

For inquiries, Contact:

Ritesh Gandecha

Stratview Research

E-mail: [email protected]

Direct: +1-313-307-4176

About Stratview Research
Stratview Research is a global market intelligence firm helping its clients’ tract the ever-evolving market scenarios through customised and syndicated reports. The reports offered here are gathered with the help of our wide-ranging and reliable secondary sources and in-depth interviews with the linchpins within the market. Extrapolated through primary and secondary research, Stratview Research’s reports help you remain ahead of the curve by enabling you to understand the current market trends and challenges coming on your way. Our strong team of industry veterans and researchers assure high quality research and strategic insights that help companies worldwide in effective decision making.