Market Research Future published a research report on “Aluminum Curtain Wall Market Research Report — Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast Report to 2023.
The global aluminum curtain wall market is expected to exhibit a solid 9% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global aluminum curtain wall market is expected to reach a valuation of USD 20 billion by the end of the forecast period in 2023, according to the report. The report presents a detailed evaluation of the major drivers and restraints affecting the global aluminum curtain wall market and presents forecasts for how these factors are likely to affect the market over the forecast period. The major players operating in the global aluminum curtain wall market are also profiled in the report to provide readers with a clear picture of the competitive landscape of the market. The impact of the COVID-19 pandemic on the global Aluminum Curtain Wall Market is also assessed in the report.
A curtain wall is a non-weight-bearing part of construction projects. It shields the building from environmental agents such as heat and moisture and may also provide aesthetic benefits. Since a curtain wall is non-weight-bearing, it can be made from lightweight materials such as aluminum. Aluminum has become a popular material for use in curtain walls due to its easy acquisition and movement. It can also be easily inlaid with glass, which is another popular material for curtain walls. Aluminum curtain walls inlaid with glass can provide protection against atmospheric agents while providing the building with a higher aesthetic appeal. This has become a major driver for the global aluminum curtain wall market. The growing construction industry in developing regions such as Asia Pacific is likely to be a major driver for the global aluminum curtain wall market over the forecast period.
Curtain walls have also emerged as an important component of a building’s energy saving measures. The growing demand for energy-efficient construction that ameliorates its impact on the environment is likely to be a major driver for the global aluminum curtain wall market. Governments around the world have subsidized the construction of energy-efficient buildings that reduce their impact on the environment. This is likely to lead to a growing demand from the global aluminum curtain wall market over the forecast period.
Leading players in the global aluminum curtain wall market include Kalwall Corporation, HUECK System GmbH & Co. KG, Heroal, EFCO Corporation, Alutech Systems Ltd., Josef Gartner GmbH, Aluplex, HansenGroup Ltd., Gutmann AG, Enclos Corporation, and ALUMIL.
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The global aluminum curtain wall market has been considered for type and application.
The types of aluminum curtain wall are semi-unitized, unitized and stick-built, while the application-based segments covered in the market review are residential as well as non-residential.
The unitized type of aluminum curtain walls was the top segment in 2017, in view of their efficient infiltration, less installation time and better-quality control properties. Better energy efficiency, high reliability and low labor cost are some more features that pertain to unitized types and are responsible for boosting their demand in the market.
The commercial application leads the market, as confirmed in 2017. The commercial application of aluminum curtain walls is increasing owing to the fast expansion rate of multi-national companies as well as manufacturing units across the world. Increasing spending on infrastructure developments by leading corporates also increases the uptake of aluminum curtain walls within the commercial segment.
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North America and Europe dominate the global aluminum curtain wall market, followed by Asia Pacific. Growing awareness about the benefits of aluminum curtain walls in North America and Europe is the major driver for the aluminum curtain wall market in these regions. The growing commercial construction industry in Asia Pacific is likely to drive the demand from the aluminum curtain wall market in the region.
Table Of Contents: Global Aluminum Curtain Wall Market
- Report Overview
- Aluminum Curtain Wall Market Trends and Competitive Landscapes
- Segmentation of Aluminum Curtain Wall Market by Type
- Segmentation of Market by End-Users
- Market Analysis by Major Regions
- Product Commodity of Market in Major Countries
- North America Aluminum Curtain Wall Landscapes Analysis
- Europe Aluminum Curtain Wall Landscapes Analysis
- Asia Pacific Aluminum Curtain Wall Landscapes Analysis
- Latin America, Middle East & Africa Aluminum Curtain Wall Landscapes Analysis
- Major Players Profile
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