Global Exterior Wall Systems Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Exterior Wall Systems Market 2021 (Includes Business Impact of COVID-19)
Global Exterior Wall Systems Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global exterior wall systems market report has been segmented on the basis of type, material, end user, and region.
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The global Exterior Wall Systems market size was valued at USD $193.51 billion in 2020 and is projected to reach USD $393.24 billion by 2030, and is anticipated to expand at a CAGR of 7.36% over the forecast period from 2020 to 2030.


Global Exterior Wall Systems Market: Overview


Exterior walls system is defined as the covering or enclosure of a structure or building. It is intended to protect the interior spaces from harsh effects outer elements of the environment such as wind, sunlight, rain, etc. Exterior wall system acts as a protective layer and attached firmly to the exterior side of the building enclosure system. These systems are made up of using light-weight material in order to complete faster construction and lowering the cost of construction.


Global Exterior Wall Systems Market: Dynamics


The rapidly growing construction industry is one of the major factor expected to drive growth of the global exterior wall system market. In addition, growing urbanization, industrialization in developed as well as developing countries globally results into high demand for well-developed commercial structures and better households. These are some of the key factors anticipated to support the revenue growth of the target market. Advancements in the infrastructural and architectural industry, growing number of green building as well as energy-efficient structures are some additional factors projected to propel the target market growth over the forecast period.

However, the high cost of production, initial capital investment and escalating prices of raw materials are key factors expected to hamper growth of the global market over the forecast period. In addition, stringent governments regulations regarding emission of the carbon and rising environmental concerns are some additional factors which may hamper growth of target market to a certain extent.


Global Exterior Wall Systems Market: Segmental Analysis


Among the type segments, the ventilated facade segment is projected to contribute significant revenue shares of the global market, owing to its capability to protect and sturdiness against adverse weather conditions and humidity. Among the material segments, the glass panels segment is expected to register significant growth, owing to high demand for value-added and high-performance glass panels. Among the end user segments, the commercial segment is anticipated to account maximum revenue shares of the target market, owing to increasing commercial construction projects in developing countries.


Global Exterior Wall Systems Market: Regional Analysis


Asia Pacific exterior wall system market is expected to register significant growth over the forecast period. This can be attributed to growing residential and commercial construction activities in countries such as India, China, and Singapore. In addition, increasing demand for better accommodation facilities coupled with higher increasing disposable income as well as an improved standard of living are some additional factors projected to support the revenue growth of the target market. Moreover, rising investments in the real estate industry is another factor anticipated to propel the target market growth. North America market for exterior wall system is projected to contribute significant revenue share in the target market. This is owing to increasing commercial construction activities in countries such as Canada and the US.


Below are the active patents related to Exterior Wall Systems Market.


Patent Number: US20120260603A1

Concrete exterior wall system

Abstract

A concrete exterior wall system for residential and commercial construction incorporates interior wood, metal or composite framing members. The wall system solves the problem of erecting heavy, hard to manage solid wall segments as well as time-consuming, complicated multi-piece wall segments. Further, the wall system eliminates the need to frame interior walls for utility access, insulation and interior finishes. Moreover, the wall system eliminates exterior maintenance and structural damage from weather, insects and the like.
The wall system incorporates wood, metal or composite material interior framing with a concrete exterior that has a permanent exterior finish. Interior studs allow easy utility installation and finish applications. The shape of the wall units are designed for less weight per linear foot than conventional systems.

Application filed Date: 2012-04-12

Application Granted Date: 2016-04-12

Current Assignee: Moss Thompson LLC

Patent Number: US20140373474A1

Exterior finish system

Abstract

Disclosed is an exterior finish system for building structures that includes a water pervious adhesive for securing an insulation layer to a water resistive barrier applied to a building wall substrate. Also disclosed is a building structure such as a building column or wall that includes the finish system and a method of using the finish system to assemble a building structure such as a column or wall.

Application filed Date: 2014-09-11

Application granted Date: 2015-07-28

Current Assignee: Construction Research and Technology GmbH

Patent Number: US7827746B2

Hybrid window wall/curtain wall system and method of installation

Abstract

There are currently two major types of exterior building envelope finishing systems: window wall systems, and curtain wall systems. Window wall systems use panels which fit between concrete floor slaps, and hence, are prone to leakage and are not aesthetically appealing. Curtain wall systems are installed proud of the concrete slabs, so have better performance, but are expensive to install. The system of the invention has the high performance of a curtain wall system, with the ease of installation of a window wall system. The invention uses rigid panels which cover the face of a building like a curtain wall system, providing a complete gasketed seal without the need for caulking as in the case of window wall systems. The vertical mullions are notched, so that the mullions can be easily anchored to the upper and lower surfaces of the concrete slabs.

Application filed Date: 2009-11-11

Application granted Date: 2010-11-09

Current Assignee: Sotawall Ltd

Global Exterior Wall Systems Market Segmentation:

Segmentation by Type:

  
Ventilated Facade
  
Non-Ventilated Facade
  
Curtain Wall Systems

Segmentation by Material:

  
Vinyl
  
Metal Panels
  
Brick & Stone
  
Fiberglass Panels
  
Glass Panels
  
EIFS
  
Fiber Cement
  
Others (Plasterboards, HPL Boards, Wood Boards, Ceramic Tiles, etc.)

Segmentation by End User:

  
Residential
  
Commercial
  
Industrial


Key Market Players included in the report:


  
3A Composites (Switzerland)
  
Alcoa Corporation (US)
  
Asahi Glass
  
Avient Corporation (US)
  
Boral limited
  
Cornerstone Building Brands (US)
  
CRH (Ireland)
  
CSR Limited (Australia)
  
Etex Group (Belgium)
  
LafargeHolcim Ltd
  
Louisiana-Pacific Corporation (US)
  
Nichiha Corporation (Japan)
  
Nippon Sheet Glass
  
Owens Corning.
  
PPG Industries
  
Saint-Gobain S.A.
  
SCG (Thailand)
  
Sika Group
  
The Dow Company
  
USG Corporation


Below are the key development related to Exterior Wall Systems Market in 2020 and 2021.


August 2021: Dynamic Glass Completes Acquisition of Colorado Window Systems. Dynamic Glass announced that it has acquired Colorado Window Systems, Inc. ("CWS" or the "Company"), in a transaction that will expand Dynamic Glass service capabilities in Colorado. CWS is a leading glass and glazing service provider to the greater Denver metropolitan area with a focus on exterior curtain wall and storefront window systems for new construction as well as interior glass and door installation for commercial tenant improvements. Source

May 2021: Cornerstone Building Brands Expands Leadership in Vinyl Windows with Acquisition of Prime Window Systems. Cornerstone Building Brands, Inc. (NYSE: CNR), the largest manufacturer of exterior building products in North America, has acquired Prime Window Systems (“Prime Window” or the “Company”). Headquartered in Denver, Colorado, Prime Window serves residential new construction and repair and remodel markets with energy efficient vinyl window and door products. Source