Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — global aluminum curtain market size was estimated by 33.76 billion dollars in 2019 and is expected to arrive 62.22 billion dollars by 2027, exhibiting a CAGR of 8.0% during the forecast period.
Aluminum curtain wall systems are specifically designed to withstand predetermined wind loads. They possess the ability to safely transfer wind load through the fixing of a building, which is a key aspect favoring the expansion of the industry.
The above findings are provided by Fortune Business Insights™ in its report titled “Aluminum Wall Panel Market, 2019-2027”.
List of Key Players Mentioned in Aluminum Wall Market Report:
- EFCO Corporation
- ALUMIL SA
- HansenGroup Limited
- Kawneer Company Inc.
- Alumicor Limited
- TECHNICAL
- Sanwa Tajima Corporation
- Toro Group of Companies
- HUECK System GmbH & Co.KG
- ALUTECH
- Qingdao Longxiang Building Materials Co., Ltd.
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Scope and Segmentation of Aluminum Curtain Wall Market Report:
| Report coverage | The details |
| Forecast period | 2019-2027 |
| Forecast CAGR | 8.0% |
| 2027 Value Projection | 62.22 billion dollars |
| Base year | 2019 |
| Aluminum curtain wall market size in 2019 | 33.76 billion dollars |
| Historical date | 2016-2018 |
| number of pages | 110 |
| Segments covered | By product type, by age group, by distribution channel, by region |
| Aluminum Curtain Wall Market Growth Drivers | Increased demand from high income groups to favor growth |
| Increase in the number of affluent population to drive market expansion |
Segments:
Merged segment to describe profitable growth due to faster installation compared to stick-built systems
Based on product type, the market is segmented into stick-built, jointed, and others. The value of the unified aluminum curtain wall systems industry is expected to register a significant growth during the estimated period. This can be mainly attributed to the reduced requirement for individual component installation. Walls offer the advantages of higher quality and faster installation over stick-built systems.
The commercial buildings segment will gain importance due to strict government regulations to eliminate greenhouse gas emissions.
On the basis of application, the industry is divided into commercial buildings and residential buildings. The commercial buildings segment is poised to anticipate a significant expansion during the analysis period. Buildings are a major source of carbon emissions. Therefore, some governments are formulating strict regulatory policies to put a check on overall greenhouse gas emissions.
Report coverage:
The report provides a comprehensive analysis of the key segments that are expected to witness significant growth during the forecast period. In-depth research has been conducted after gathering data from reliable sources and meeting key industry players. Further insights include the steps taken by key market participants to ensure a competitive advantage.
Drivers and restrictions:
Longer service life and design flexibility lead to increasing adoption of the product to ensure building sustainability
Recent years have seen increased adoption of aluminum in existing building innovation and long-term building sustainability. The material offers a number of advantages such as higher strength to weight ratio, service life, design flexibility, fire safety, high reflectivity and others. These factors are set to be favorable for the growth of the aluminum curtain wall market.
However, the storage and transportation of these curtain walls requires high cost. In addition, adverse weather conditions are likely to delay the installation of these systems. These aspects are likely to hinder the expansion of the industry to a certain extent.
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Regional insights:
Asia Pacific will register significant growth due to expansions in the construction sector
The aluminum wall market share of Asia Pacific is estimated to register a significant appreciation over the coming years, with countries such as India, China, and Japan being the major revenue generating markets. Some of the key factors driving regional growth include the expanding nature of the construction industry and greater availability of aluminum. Additional aspects driving the growth of the industry include the formulation of favorable government regulations in India.
Europe is set to emerge as the second largest region and is projected to depict tremendous growth during the forecast period. This can be largely attributed to the growing presence of prominent aluminum curtain manufacturers in the region. Germany held the highest revenue in the European region in 2019 and is slated to expand at a significant CAGR during the estimated period.
Competitive Landscape:
Industry players reach agreements to facilitate product installations according to various projects
Major industry competitors are entering into collaborations and partnership agreements to expand their product reach. Several aluminum curtain wall companies are also participating in research activities to enable the development and production of superior solutions. Some of the additional initiatives undertaken by key industry players include acquisitions, mergers and participation in conferences and trade events.
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Table of Contents
- presentation
- Research Area
- Market segmentation
- Research methodology
- Definitions and assumptions
- Executive Summary
- Market Dynamics
- Market leaders
- Market restrictions
- Market Opportunities
- Key insights
- Key emerging trends in the global market
- The latest technological advances
- Insights into the Regulatory Scenario
- Porters Five Forces Analysis
- Key Developments: Acquisition, Collaboration, Strategic Partnership and Joint Venture
- Global Aluminum Wall Panel Market Analysis, Insights and Forecast – By Product Type, 2016-2027
- Key Findings / Summary
- Market Analysis, Insights and Forecasts – By Product Type
- Built with sticks
- United
- Others
TOC Continues…!
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Key industry developments:
February 2022 – Polar NE announced the installation of Kawneer’s product portfolio at Sowenna CAMHS, Cornwall’s first children’s mental health unit. The USD 5.9 million purpose-built project required solutions that could provide a high level of thermal performance and help increase the building’s natural light levels.
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