Trusted Business Insights presents the Latest Study on Aluminum Curtain Wall Market 2019-2025. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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Abstract, Snapshot, Market Analysis & Market Definition: Global Aluminum Curtain Wall Market
The global aluminum curtain wall market size was valued at USD 29.41 billion in 2018 and is expected to register a CAGR of 9.3% from 2019 to 2025. These walls are used in several types of residential and commercial buildings to resist air and water infiltration, support its own dead load weight forces, withstand wind loads, and others. The market is expected to witness considerable growth, owing to the high 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 further spur the market growth 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.
Themarket is anticipated to witness considerable growth 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, among others.
Factors, such as combined efforts by governments across the globe to construct green buildings, are expected to increase the 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.
Moreover, rapid urbanization and growing disposable income in the developing economies from Asia Pacific, such as India, China, Japan, and Thailand, are likely to drive the construction of residential buildings, industries, and offices, thus, encouraging growth of the aluminum curtain wall market.
Market Segmentation, Outlook & Viewpoint: Global Aluminum Curtain Wall Market
Type Market Segmentation & Outlook (Revenue, USD Billion, 2014 – 2025)
Application Market Segmentation & Outlook (Revenue, USD Billion, 2014 – 2025)
Key Players, Recent Developments & Regional Insights: Global Aluminum Curtain Wall Market
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The commercial segment led the market with a value of over USD 20.0 billion in 2018 and is expected to expand at a CAGR of over 9.0% from 2017 to 2025. It is likely to remain an important segment in emerging economies, owing to the rising demand for high-end entertainment, recreational, and shopping complexes. Increasing demand for retail spaces and rising disposable income directly translating into increased spending on consumer goods, is anticipated to bode well for the segment in near future.
Furthermore, the residential segment is expected to expand at a CAGR exceeding 8.0% from 2019 to 2025. This growth can be attributed to the prompt recovery of the U.S. housing market and an increase in residential construction activities across developing and developed economies.
Asia Pacific accounted for a significant market share in 2018 and is expected to register a CAGR exceeding 10.0% over the forecast period. The development rate of nations, such as India, China, and Japan is faster than most developing nations. Asia Pacific is anticipated to account for nearly half of the global construction industry by 2020. A healthy spread of construction activity supports the stability of the Asian markets, along with government intervention enhancing a majority of projects for infrastructure development.
Developed regions, such as Europe and North America, are expected to witness moderate growth from 2019 to 2025. The regions accounted for over 40% of total market share in 2018. The regional growth can be attributed to increasing disposable income, growing construction spending, and the steady demand for sustainable curtain walls for reducing pollution and enhancing moisture resistance in high precipitation areas.
Aluminum Curtain Wall Market Share Insights
The global market is marked by the presence of large-scale and medium-scale manufacturers. The major players include Alumil Aluminium Industry S.A.; EFCO Corporation; GUTMANN AG; HansenGroup Ltd.; and Kawneer Company, Inc., among others. The companies are making huge investments in research and development for introducing eco-friendly systems.
Furthermore, they are emphasizing on strengthening their regional presence by business collaborations 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 opportunities.
Key Insights Covered: Global Aluminum Curtain Wall Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Aluminum Curtain Wall industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Aluminum Curtain Wall industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Aluminum Curtain Wall industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Aluminum Curtain Wall industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Aluminum Curtain Wall industry.
Research Methodology: Global Aluminum Curtain Wall Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other
Quick Read Table of Contents of this Report @ Aluminum Curtain Wall Market Size, Share, Sector / Industry Report & Analysis, 2019-2025
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