Aluminium Curtain Wall Market to be Driven by the Rising Demand for the Product Across Various Sectors in the Forecast Period
The new report by Expert Market Research titled, ‘Global Aluminium Curtain Wall Market Share, Report and Forecast 2022-2027’, gives an in-depth analysis of the global aluminium curtain wall market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 5%
The rapid urbanisation owing to inflating disposable income is driving the growth of the aluminium curtain wall market. The increasing need for energy-efficient infrastructure is also propelling the market as installing aluminium curtain walls reduces the amount of heat absorbed by buildings. The numerous benefits of aluminium curtain walls, such as air permeability, cost-effectiveness, lightweight, and prevention of water penetration are also contributing to the expansion of the industry. Moreover, the rising inclination of people towards aluminium curtain walls because of their aesthetic solutions, such as panoramic view and natural light, is also significantly catalysing the industry. The environmental benefits of aluminium as it is recyclable is also contributing to the incremental development of the market. All these factors are attributed to the growth of the aluminium curtain wall industry.
Industry Definition and Major Segments
The aluminium curtain wall is a thin framing attached to a building structure. It is filled with metals, delicate stones, and glasses. There are two kinds of curtain walls based on installation and their fabrication method- stick and unitized systems. The glass panels are connected piece by piece in a stick system, while in a unitized system, the large units are assembled at the factory and transported to the site.
The aluminium curtain wall industry, by type, is segmented into:
Based on application, the market is classified into:
The regional markets of aluminium curtain wall include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The government initiatives to construct more infrastructures for developing the economy of the countries is leading to the steady growth of the aluminium curtain wall industry. The measures taken to build green buildings, such as the Voluntary Star Labelling programme and webinars, conducted by the governments of emerging nations, such as India, is augmenting the market. The advanced aluminium curtain walls offered by companies to escalate their market potential is also playing a critical role in the development of the industry. For instance: Smartia M50 by Aluminil Aluminium Industry S. A offers aluminium curtain walls that have increased comfort, security, high energy efficiency, maximum functionality, and high thermal insulation. Such innovative products and the investments made by the industry players are also expected to augment the aluminium curtain wall industry in the forecast period.
Key Market Players
The major players in the market are Alumil Aluminium Industry S. A., Reynaers Group, Ponzio, Hueck System GmbH & Co. KG, and RAICO Bautechnik GmbH, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.