Global Market Insights, Inc present the report on global aluminum curtain wall market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2025.
Aluminum curtain wall market has been segregated, on the basis of, systems, construction type, application and region. According to system, the industry has been classified into unitized, stick-built system, and semi-unitized. Unitized system or modular systems comprises of large sized curtain walls, which are assembled & glazed at the factory location and transported to the site for framing it on the building. Stick-built up systems are likely to have significant growth rate in the coming years due to its ease of installation at the site location.
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Based on the construction type, the industry has been classified into new construction and refurbishment. New construction segment is likely to hold significant share in the aluminum curtain wall market. Developing countries are likely to have more demand for the residential construction activities. Increasing government intervention in building infrastructure in developing region is likely to be key growth enabler for the industry in coming years. Refurbishment activities in the developed countries due to rising demand for building repair and maintenance activities will drive the aluminum curtain wall demand in the coming years.
On the basis of application, the industry has been categorized into residential and non-residential buildings. Non-residential buildings will be a key application segment due to growth in construction activities of commercial building including entertainment, shopping complexes, recreational, etc. Increasing disposable income and rising demand for retail space in developing countries will further enhance the global construction industry in the coming years. Indian construction industry is likely to report a revenue of more than USD 1 trillion by 2030, which will further provide a huge opportunity for the non-residential segment in the coming years.
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Asia Pacific is likely to have substantial product demand in the study period. This is due to rising construction activities in the major countries including Japan, India and China. Rising government initiatives in building infrastructure in these countries will further drive the growth of construction sector in the region.
North America is likely to be a key region in the industry due to growing aluminum curtain wall demand in the U.S. The region has a presence of large number of product manufacturers, which enter into strategic partnerships with other key players to enhance their competitiveness. For instance, Apogee Enterprises acquired EFCO Corp in 2017 with an aim to build its presence in the commercial segment and expand its offering to the construction industry.
Europe will also have considerable aluminum curtain wall demand due to rising construction activities in the Eastern European countries.
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Some of the key players in aluminum curtain wall market includes C.R. Laurence Co., Petra Aluminum, YKK AP America, Reynaers', EFCO corporation, Hansen, Kawneer, ALUMIL, Arcadica, Extech Exterior Technologies and Arcat.
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