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Aluminum curtain wall market is anticipated to grow at a CAGR of 10.9% during the forecast period. The market is expected to witness incremental growth owing to the growing requirement to secure outside walls of business structures, including industrial facilities, and workplaces. Aluminum curtain walls are broadly used in residential, and corporate buildings to resist air and water infiltration, and withstanding wind loads. Moreover, with the rising demand for lightweight curtain walls, and the shift toward low-cost metals with high sustainability, commercial building, and manufacturing industries are consuming a high level of energy which generates a high amount of carbon dioxide emissions in the environment. According to Energy Efficiency & Renewable Energy 2020, commercial buildings consume 13.6 quads of electricity, or 35% of electricity consumed in the US, and generate 826 million metric tons of carbon dioxide emissions. Hence, the rising focus on green buildings, and reducing energy and operational costs, is anticipated to increase the demand for global aluminum curtain walls during the forecast period.
Moreover, numerous range of aluminum curtain wall offers various advantages such as semi-utilized aluminum curtain wall used by architects and contractors, as it offers safety & weather resistance property, and are suitable for sophisticated architectural buildings. Moreover, the stick-built system is highly suitable for small size buildings and offers great flexibility on the glass.
The global aluminum curtain wall market is segmented based on type and application. Based on type, the market is bifurcated into unitized aluminum curtain walls, semi-unitized aluminum curtain walls, and stick-built aluminum curtain walls. Based on application, the market is bifurcated into commercial, and residential.
Among the application segment, the commercial sub-segment is anticipated to hold a considerable share in the global aluminum curtain walls market during the forecast period. The growth is mainly attributed owing to the growing demand for high-end entertainment, recreational, and shopping complexes. In addition, the increasing number of corporate buildings along with the introduction of several regulations to minimize energy consumption in developed countries such as the US is another factor bolstering the segmental growth. As per the Center for Sustainable Systems, around 5.9 million commercial buildings were constructed that contained 97 billion square feet of floor space in 2018, an increase of 56% in the number of buildings and 90% in floor space since its established (1979).
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Aluminium Curtain Wall Market Segmentation
By Type
- Unitized Aluminum Curtain Wall
- Semi-Unitized Aluminum Curtain Wall
- Stick-Built Aluminum Curtain Wall
By Application
- Commercial
- Residential
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Alumil Aluminium Industry SA
- Aluplex
- Alutech
- Arconic Corp.
- Efco, LLC
- Enclos Corp.
- Hansengroup
- Hueck System Gmbh & Co. Kg
- Hydro Building Systems UK Ltd
- Johann Henkenjohann Gmbh & Co. Kg
- Joseph Gartner Gmbh
- Kalwall Corp.
- Ponzio Aluminium
- Purso Ab
- Reynaers Group Co.
- Skanska
- Trimo Arhitekturne Rešitve D.O.O.
- Tubelite Inc.
- Ykk Ap
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Article source: https://article-realm.com/article/Business/63924-Aluminum-Curtain-Wall-Market-to-Signify-Strong-Growth-by-2024-2031.html
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