Global Exterior Wall Systems Market
- POSTED ON Wednesday, March 27, 2019
Global Exterior Wall Systems Market was valued US$ 186.10 Bn in 2017 and is expected to reach US$ 320.20 Bn by 2026, at a CAGR of 7.43 % during a forecast period. An Innovative advancements in material technology and the high efficiency of building facade systems is one of the key drivers for the exterior wall system market. The increasing demand from commercial, residential, and industrial buildings coupled with the global environment concerns and their legal inferences are propelling the growth of the exterior wall systems market. Rising environmental pollution from material such as glass, aluminum, fiberglass, fiber cement, plaster board, magnesium-oxide board, and the chemical industry are hampering the growth of the market. These industries are provide the raw material for exterior wall systems. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global market size. The glass panel segment is expected to grow at the high rate of CAGR during the forecast period. Glass is widespread as an architectural feature in the construction sector. Many Commercial and residential buildings use large spans of glass. Furthermore, glass has characteristic brittleness, which disposed to contravention especially when outside forces cause deformations and the glass has no space to tolerate it. It cannot deform but requires space around its edges to bear external deformations. The curtain wall segment is estimated to grow at a high rate of CAGR during the forecast period. The increasing demand for curtain wall is accredited to factors such as the concentrated construction time. They offer less duration for the fabrication process. Curtain walls also help to provide protection from harsh weather conditions while sinking the damage initiated by natural disasters such as earthquakes. The Commercial segment is projected to share significant growth in the global exterior wall systems market. An Upsurge in standardization in the architectural & infrastructural industry, rise in the number of green buildings, energy-efficient buildings is expected to grow demand for this segment. Exterior wall systems offer superior properties such as high durability, water and wind resistance, easy maintenance, and weather-proof is booming the market. The Asia Pacific is expected to lead global exterior wall systems market. Increasing residential & non-residential construction sector industries is expected to lead the global exterior wall systems. Increasing residential & non-residential construction sectors owing to the availability of low-cost labor and land in this region. A growing population with high disposable incomes and construction opportunities are booming exterior wall systems market in this region. Consumer’s inclination towards sustainable & eco-friendly construction also drives the exterior wall systems market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global exterior wall system market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment. Scope of the Report for Global Exterior Wall Systems MarketGlobal Exterior Wall Systems Market, By Material• Ceramic tiles • Vinyl • Gypsum/Plasterboard • Glass panels • Fiber cement • Wood board • HPL board • Fiberglass panel • Bricks & stone • Others
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors
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