Global Aluminum Curtain Wall Market Size, Share, Forecast Report, 2020-2027
The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Aluminum Curtain Wall Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Aluminum Curtain Wall market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
The global aluminum curtain wall market size was valued at USD 31.9 billion in 2019 and is expected to witness a CAGR of 9.6% from 2020 to 2027. The market is expected to witness an incremental growth in demand, owing to growing needs to secure outside walls of business structures including, industrial facilities and workplaces. Aluminum curtain walls are used in several types of residential and commercial buildings to resist air and water infiltration, support its own dead load weight forces, and withstand wind loads. The market for aluminum curtain wall is expected to witness considerable growth, owing to growing demand for lightweight curtain walls in construction projects and shift toward low-cost metals with high sustainability.
Increasing demand for energy-efficient curtain walls is expected to spur the growth of the market for aluminum curtain wall over the forecast period. Commercial buildings and sports arenas have high energy requirements and account for more than 50% of the total energy consumption. Manufacturers have been focusing on green buildings and energy-efficient curtain walls to reduce energy and operational costs by using sustainable building materials. Furthermore, the demand for aluminum curtain wall is anticipated to increase over the forecast period, owing to benefits such as prevention of water penetration, energy efficiency, air impermeability, filtration of natural light, lightweight, cost-effectiveness, and easy assembly.
Factors such as combined efforts by governments across the globe to construct green buildings are expected to increase demand for aluminum curtain walls. Government incentives, coupled with increased recognition and promotion of green brands, owing to their health and environmental benefits, are driving the green buildings industry. Curtain wall systems are briskly attaining attractiveness in such construction activities because they offer advantages such as high-energy efficiency and low Greenhouse Gas (GHG) emissions. The above mentioned advantages of aluminum curtain walls are encouraging market growth over the forecast period.
Moreover, rapid urbanization and growing disposable income in the developing economies of Asia Pacific countries, such as India, China, Japan, and Thailand, are likely to drive the construction of residential buildings, industries, and offices. Also, growing interest from rising economies and the development of eco-friendly business structures are some primary factors providing growth opportunities for the market in the near future. This, in turn, is encouraging the growth of the aluminum curtain wall market
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Aluminum Curtain Wall market are included as given below:
The market includes the presence of large-scale and medium-scale aluminum curtain wall manufacturers. The major players include Alumil Aluminium Industry S.A.; EFCO Corporation; GUTMANN AG; HansenGroup Ltd.; and Kawneer Company, Inc. These companies are making huge investments in research and development for introducing eco-friendly systems.
Furthermore, they are emphasizing on strengthening their regional presence by collaborating with other companies for augmenting their market presence and achieving a competitive edge. For instance, in 2017, Apogee Enterprises, Inc. completed the acquisition of EFCO Corporation to enhance its growth strategies, increase its presence in the mid-size commercial buildings segment, extend its product offerings, and expand its geographic presence across U.S. Additionally, the acquisition enabled EFCO Corporation to capitalize on the market, product, and operational
The global Aluminum Curtain Wall market has been segmented as below:
- Global Aluminum Curtain Wall Market by Region
- North America
- Asia Pacific
- Rest of the World
Reasons to Purchase this Report:
Estimates Aluminum Curtain Wall development trends with SWOT analysis
- Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
- Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
- Market dynamics scenario, along with growth opportunities for players in the years to come
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects