Exterior Wall System Mortar Market to hit $390 Bn by 2027; Global Market Insights Inc.

Some of the major exterior wall system market players are Saint-Gobain S.A., The Dow Company, Sika Group, LafargeHolcim Ltd, SIKA Group, Boral limited, and Owens Corning .

Selbyville, Delaware, May 26, 2021 (GLOBE NEWSWIRE) --

Global Market Insights Inc. has recently added a new report on the exterior wall system market which estimates the market valuation for exterior wall system will cross US$ 390 billion by 2027. Increasing spending on housing/commercial infrastructure will propel the industry growth.

Non-ventilated exterior wall system market will witness around 7.5% CAGR. The rich aesthetics of these systems will have an opportunistic line for product demand in the segment over the coming years. Non-ventilated vapor-tight system with the advantage of a slimmer design, high-quality insulation, and noise damping property will witness robust growth in commercial and industrial infrastructure applications by 2027. Further, the growing need to improve the energy efficiency of buildings will also surge product demand for cladding applications in the sector during the forecast period.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/4977

Vinyl material holds over 20% share in exterior wall system market volume and are continuously gaining attention across the globe due to their numerous advantages. These systems provide advanced aesthetic value, better weathering, and non-fading characteristics. Improved resistance to peeling, rotting, blistering, flaking, cracking, chipping, corroding, and excessive fading makes them most suitable for exterior wall applications. Further, their huge availability in numerous designs and patterns will induce a significant growth potential in the industry landscape.

Exterior wall system industry application in industrial building is likely to witness 7.7% CAGR from 2021 to 2027. Growth in the segment is associated with increasing industrial construction and infrastructure projects across the emerging economies. Further, FDI inflow in developing countries coupled with standardization in the construction and building industry will propel exterior wall system market growth in the sector. For instance, the EU is actively implementing policies to strengthen economic ties with developing countries, particularly in Africa, where infrastructure needs are high.

North America exterior wall system market is predicted to hold around 30% share by 2027. Increasing per capita income and the quality of life across the region allow their citizens to make fair expenditures for their residential infrastructure. This is because the apartment developers across the region seek growth in suburban and secondary markets and with nuclear-family increasing in numbers, developers repeatedly construct apartments, flats, and society, in turn, limiting their ability to provide with best furnished facilities at minimum constrains.

The development of innovative and sustainable materials can encourage customers (especially in the U.S.) to rebuild/renovate buildings. These regions are highly adaptive to the latest technologies, such as electrochromic glazing, whose light transmission properties are altered when voltage, light, or heat is applied and are therefore expected to achieve higher product penetration rates in commercial and private sectors, which will have a positive impact on market growth.

Some major findings of exterior wall system market report include:

  • Rising per capita expenditure for residential infrastructure will positively encourage the revenue generation.

  • Favorable government regulations & programs supporting the construction of green buildings will drive exterior wall system industry growth.

  • Government investments and initiatives to fuel the growth in infrastructure and real-estate project will positively impact product penetration.

  • Major exterior wall system market players comprise Saint-Gobain S.A., The Dow Company, Sika Group, LafargeHolcim Ltd, SIKA Group, Boral limited, and Owens Corning .

  • Key strategies implemented by major manufacturers to strengthen their competitive edge in the market include geographic expansion, product innovation, partnerships, mergers, and joint ventures.

Request for customization of this research report at https://www.gminsights.com/roc/4977

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Exterior wall system market 360° synopsis, 2017 – 2027

2.1.1    Business trends

2.1.2    Type trends

2.1.3    Material trends

2.1.4    Application trends

2.1.5    Regional trends

Chapter 3   Exterior Wall System Industry Insights

3.1    Industry segmentation

3.2    Industry ecosystem analysis

3.2.1    Profit margin

3.2.2    Value addition

3.2.3    Distribution channel analysis

3.2.4    Value chain disruptions due to COVID-19

3.2.5    Vendor matrix    List of key raw material suppliers    List of key manufacturers/distributors    List of key/potential customers

3.3    Innovation & sustainability

3.3.1    Patent analysis

3.3.2    Future trends

3.4    Industry impact forces

3.4.1    Growth driver

3.4.2    Industry pitfalls & challenges

3.5    Regulatory trends

3.5.1    U.S.

3.5.2    Europe

3.5.3    Asia Pacific

3.6    Growth potential analysis

3.7    Regional price trends (including COVID-19 impact)

3.7.1    Cost structure analysis    R & D cost    Manufacturing & equipment cost    Raw application cost    Distribution cost    Operating cost    Miscellaneous cost

3.8    Competitive landscape, 2020

3.8.1    Company market share analysis, 2020

3.8.2    Strategic dashboard

3.9    Porter's analysis

3.9.1    Supplier power

3.9.2    Buyer power

3.9.3    Threat of new entrants

3.9.4    Industry rivalry

3.9.5    Threat of substitutes

3.10    PESTEL analysis

About Global Market Insights

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

CONTACT: Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com