Exterior Wall Systems Market see growth of 8.43% CAGR reaching at USD 278.82 billion by 2022
“Exterior wall systems market is projected to grow at a CAGR of 8.43% during the forecast period.”
The exterior wall systems market size will grow from USD 186.02 billion in 2017 to USD 278.82 billion by 2022, at a CAGR of 8.43%. The market is witnessing considerable growth due to advancements in material technology and the high efficiency of building façade systems. The growing demand from commercial, residential, and industrial buildings, along with global environment concerns and their legal implications are the key factors fueling the growth of the exterior wall systems market.
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“The commercial sector is projected to dominate the exterior wall systems market through 2022.”
The commercial segment, by end-use sector, is projected to record the highest growth rate during the forecast period. This growth is attributed to the newly developing building standards in the Asia Pacific and other developing regions, which demand advancements in present facade systems, along with developed technologies and successful installation of glass and other wall systems. This, in turn, will drive the usage of exterior wall systems in commercial buildings.
“The Asia Pacific exterior wall systems market is projected to be the fastest-growing during the forecast period.”
Asia Pacific is projected to be the fastest-growing regional market, in terms of value and volume, followed by North America, Europe, and the Middle East & Africa. This region is the hub of foreign investments and the booming residential & non-residential construction sectors, largely due to the low-cost labor and cheap availability of land. The increase in demand for exterior wall systems can be attributed to the rising population with high disposable incomes and the construction opportunities in this region. Moreover, the increasing demand for sustainable & eco-friendly construction drives the exterior wall systems market in the region.
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Breakdown of Primaries
Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the exterior wall systems market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals such as manufacturers, distributors, consultants, and academic
professionals.
The distribution of primary interviews are as follows:
By Company Type: Tier 1 – 35%, Tier 2 – 30%, and Tier 3 – 35%
By Designation: Manager Level – 61%, C Level – 39%
By Region: North America – 15%, Asia Pacific – 51%, Europe – 21%, and South America – 5%, Middle East & Africa – 8%
Note: Tier 1: Revenue > USD 1 billion, Tier 2: USD 500 million < Revenue < USD 1 billion, Tier 3: Revenue < USD 500 million
The various key players profiled in the report are as follows:
- Nippon Sheet Glass (Japan)
- Saint-Gobain (France)
- Asahi Glass (Japan)
- Sika (Switzerland)
- Alcoa Corporation (US)
- PPG Industries (US)
- 3A Composites (Switzerland)
- SCG (Thailand)
- Etex (Belgium)
- Owens Corning (US)
Research Coverage
The segmentation considered for this report is based on type, material, end-use sector, and region, which constitute the key markets. The report covers detailed information regarding the major factors influencing the growth of the exterior wall systems market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, and recent developments associated with the exterior wall systems market.
Reasons to buy the report
The report will help the market leaders/new entrants in this market in the following ways:
• This report segments the exterior wall systems market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
• The report will help stakeholders to understand the market and provides them information on the key market drivers, restraints, opportunities, and challenges.
• This report will help stakeholders to better understand their competitors and gain more insights with regard to their position in the business. The company profiles section includes strategies adopted by exterior wall systems manufacturers.
Related Report:
Global Composite Insulated Panels Market Analysis 2012-2017 and Forecast 2018-2023
Composite Insulated Panels are factory engineered panels used mainly for exterior cladding, partitioning, load bearing walls and roofing elements in a wide range of non-residential buildings. Panels are manufactured on a continuous lamination basis with metal facings – usually steel or aluminum – encapsulating a foamed polyurethane core. This composition offers a high degree of stability, rigidity and excellent load-bearing capacity.
The global Composite Insulated Panels market will reach Volume Million USD in 2017 and CAGR xx% 2011-2017. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Composite Insulated Panels by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Read More: https://watchersofmarkets.com/products/global-composite-insulated-panels-market-analysis-2012-2017-and-forecast-2018-2023
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