The Aluminum Curtain Wall Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Aluminum Curtain Wall Global Market Report 2024, The aluminum curtain wall market size has grown strongly in recent years. It will grow from $40.63 billion in 2023 to $44.51 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to urbanization, growing preference for modern and aesthetically pleasing designs, energy efficiency regulations, rise in industrial and commercial construction projects, investment in large-scale infrastructure projects.
The aluminum curtain wall market size is expected to see strong growth in the next few years. It will grow to $62.36 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increased adoption of smart building, resilient building design, renewable energy integration, global connectivity, digitalization. Major trends in the forecast period include biophilic design, 3D printing technology, flexible workspace designs, zero net energy buildings, prefabrication and modular construction.
An increase in construction activities is expected to propel the growth of the aluminum curtain wall market going forward. Construction refers to a building's floor area being dedicated to habitation and being recognized as a building. Aluminum curtain walls are used in commercial buildings and high-rise structures to enhance their thermal and solar management effectiveness in difficult climates. For instance, according to the report Global Construction 2030, published by Oxford Economics, a UK-based leader in global economic forecasting and econometric analysis, the volume of construction output is expected to grow by 85% by 2030. Thus, the increasing residential construction activity is driving the growth of the aluminum curtain wall market.
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The aluminum curtain wall market covered in this report is segmented –
1) By Type: Stick-Built, Semi-Unitized, Unitized
2) By Material: Fiberglass And Glass Wool, Mineral Wool, Plastic Foam
3) By Construction Type: Refurbishment, New Construction
4) By Application: Commercial, Residential
Major companies operating in the aluminum curtain wall market are focusing on advanced products, such as narrow aluminum frame walls, to better meet the needs of their existing consumers. Narrow aluminum frame walls are architectural components in construction that make use of aluminum framework with slender or narrow profiles. These lightweight aluminum frames are commonly used in doors, windows, curtain walls, and other exterior wall systems. For instance, in July 2021, Milgard Windows & Doors, a US-based manufacturing company of windows and doors, launched AX550 moving glass walls in both standard and customized sizes for replacement or renovation projects as well as new house buildings. The AX550 has a contemporary aluminum frame with narrow sightlines that come in four hues, such as tan, white, clear anodized, and dark bronze anodized. This movable glass wall offers a range of construction choices to create massive wall-to-wall entrances, with panels as high as 10 feet and as wide as five feet. Milgard Windows & Doors made AX550 Moving Glass Walls with this requirement in mind, with a slim frame profile for a modern style that makes a gorgeous feature piece in the home while seamlessly mixing indoor and outdoor environments.
The aluminum curtain wall market report table of contents includes:
1. Executive Summary
2. Aluminum Curtain Wall Market Characteristics
3.Aluminum Curtain Wall Market Trends And Strategies
4.Aluminum Curtain Wall Market analysis
5. Aluminum Curtain Wall Market Size And Growth
6.Aluminum Curtain Wall Segmentation
7.Aluminum Curtain Wall Regional And Country Analysis
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27.Aluminum Curtain Wall Competitive Landscape And Company Profiles
28.Aluminum Curtain Wall Key Mergers And Acquisitions
29.Aluminum Curtain Wall Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Arconic Corporation
- Josef Gartner GmbH
- Umicore Building Products USA Inc.
- Schüco International
- Vitro S.A.B. de C.V.
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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 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 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 Size.
Governments around the world have subsidized the construction of energy-efficient buildings that reduce their impact on the environment.
Less installation time and low labor costs are also highly beneficial features of unitized aluminum curtain wall, which have driven the demand for unitized aluminum curtain walls.
