The global aluminum curtain wall market size is expected to reach USD 62.22 billion by 2027,exhibiting a CAGR of 8.0% during the forecast period. The increasing awareness regarding the advantages of ACW in buildings such as temperature control, sound insulation, and impact resistance will accelerate the Aluminum Curtain Wall growth during the forecast period. The modernizing of existing buildings will spur demand for aluminum curtains owing to its eco-friendly nature and flexible design, which, in turn, will augur well for the market, the market size stood at USD 33.76 billion in 2019. The inclination towards aluminum due to its recyclable functionality will enable speedy expansion of the market. For instance, in the U.K. over 99% of aluminum frames are recovered from construction waste, which helps in waste reduction and thus, supports the environment.
Worldwide COVID-19 Impact Analysis:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
List of the Key Companies Operating in the Aluminum Curtain Wall Market are:
- ALUMIL S.A.
- Reynaers Aluminium
- EFCO Corporation
- Kawneer Company Inc.
- HUECK System GmbH & Co.KG
- ETEM Group
- HansenGroup Limited
- Schüco International KG
- Qingdao Longxiang Building Materials Co., Ltd.
- Toro Group of Companies
- Alimicor Limited
- GUTMANN Bausysteme GmbH
- Sanwa Tajima Corporation
- GEUSTYN & HORAK
- Other Key Players
Browse Summary of this Research Insights with Detailed TOC: https://www.fortunebusinessinsights.com/aluminum-curtain-wall-market-102782
Rising Investment in Aluminum Extrusion by Key Players to Boost Sales Opportunities
Aluminum extrusion is utilized in the manufacturing of curtain walling systems. The rising investment by eminent companies to expand their existing Aluminum extrusion capacities will positively impact the market in the forthcoming years. For instance, in June 2018, HAI Extrusion Germany GmbH, a global leader in extruded sections including aluminum, machining, and surface treatment announced that it has strategically invested around US$ 15 million to establish 3300-ton Aluminum extrusion press in Germany. The investment will help the company to better serve the consumers in construction as well as industrial sectors with high-quality Aluminum profiles.
Booming Construction Industry to Augment Growth in Asia Pacific
The market in Asia Pacific generated a Revenue of 6.42 billion in 2019. The growth in the region is attributed to the flourishing construction industry in emerging nations such as China and India. The abundantly availably aluminum will enable speedy expansion of the market in the forthcoming years. According to the India Brand Equity Foundation (IBEF), India is projected to become the third-largest construction market by 2025. Additionally, favorable government regulations will further aid the expansion of the market in Asia Pacific. For instance, in June 2015, the Indian government announced the Smart Cities Mission to improve the core infrastructure of the selected cities across the country.