Aluminum Curtain Wall Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Aluminum Curtain Wall Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Aluminum Curtain Wall Market

The aluminum curtain wall market size was valued at USD 33.76 billion in 2019, and the market is now projected to grow to USD 62.22 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period of 2024-2032.

The outbreak of COVID-19 also had its toll on the aluminum curtain wall scenario with most of the companies experiencing disruptions with their supplies and this forced some of the manufacturers to delay their production processes as the construction industry also minimized the use of curtain walls. Pandemics measures such as lock down and restriction exposed the construction industries to labor shortages while on the same note caused project delays thus slow growth of the market. Nevertheless, as the economies experienced that period of hardship, a number of people started to come back to the market and as a result there was high demand due to the shift of focus on green building envelopes and energy efficiency in today’s buildings. The market is gradually recovering slowly and people are paying more attention to smart, energy efficient and long lasting aluminum curtain wall systems to drive the market for its sustainable post pandemic future.

The current market trends in the aluminum curtain wall are progressing in the following ways, the growing concern for sustainability and energy efficiency. In order to acquire the green building certification such as LEED there is increased uptake of sustainable materials and energy efficient innovations. High performing glass and glazing products that control temperature and lighting are being adopted for greater efficiency. Further, themes and preship designs are found to be more appealing; and creativity and variety in the finishers. It is also evident that use of advanced technologies for improvement and power over efficiency is also building up the aluminum curtain walls in the future. Thus, all the above mentioned factors are contributing towards the aluminum curtain wall market growth.

Pressing forces for the aluminum curtain wall market are mainly attributed to increasing population density and construction works primarily in commercial buildings and residential sectors. The need for energy-efficient and sustainable building solutions is growing steadily and fostering usage of new materials – insulated aluminum panels and low-emissivity glazing. Laws that support sustainable and green building standards are also driving the market. Further, manufacturing technologies have evolved; the design has become flexible; there is a growing consciousness about the elegance and practical utility of aluminum curtain walls; all these factors contribute to increasing adoption of these systems in contemporary construction.

Comprehensive Analysis Aluminum Curtain Wall Market

The aluminum curtain wall market is classified based on product and its application. In terms of product type, it covers stick built, unitized and other classifications. Stick built systems are built together on the building site allowing more adjustments but are more time consuming and labor-intensive than unitized systems which are built in sections off the building site and installed more rapidly and using less local labor. The market is also categorized based on its usage in commercial buildings and residential buildings. Through the large size and higher efficiency requirements of commercial building designs, this segment occupies the largest share of the RMI market; meanwhile, the residential area is gradually developing due to the consideration of modern people to pursue environmentally friendly housing.

The Asia-Pacific region dominates the aluminum curtain wall market due to the rising urbanization, high construction activities, and considerable market demand for energy-efficient curtain walls in construction projects in that region. China, India and Japan are some of the leading contributors, driven mostly by large-scale infrastructure development, and increasing shift towards the green building. The region enjoys advanced manufacturing skills, low manufacturing cost and rising construction industry that in turn drives demand for aluminum curtain walls. Also, the favorable policies and norms stringently sponsoring environment friendly construction contribute to revenue increment in the market of this region.

Key players in this sector include ALUMIL S.A. (Greece), Reynaers Aluminium (Belgium), ALUTECH (Germany), EFCO Corporation (USA), Kawneer Company Inc. (USA), TECHNAL (France), HUECK System GmbH & Co.KG (Germany), ETEM Group (Bulgaria), HansenGroup Limited (UK), Schüco International KG (Germany).

The following current trend is added in the aluminum curtain wall market for the year of 2024; this is about integrated smart glazing systems. These product offering is aimed at enhancing the automatic control of light and heat in the construction with efficiency and comfort. Smart glass technology increases the functionality of the exterior façade based on climate variation. This is most evident in the commercial space, where energy efficiency and sustainability are key considerations, and can only expand going forward as more building owners seek environmentally friendly building solutions.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2016-2027

Base Year 2019

Forecast Period 2020-2027

Historical Period 2016-2018

Unit Value (USD Billion)

SegmentationBy Product Type

Stick-built

Unitized

Others

By Application

Commercial Buildings

Residential Buildings

By Geography

North America (U.S. and Canada)

Europe (Germany, UK, France, Italy, and Rest of Europe)

Asia-Pacific (China, India, Japan, South Korea and Rest of Asia- Pacific)

Latin America (Brazil, Argentina, Mexico and Rest of Latin America)

Middle East & Africa (the Middle East and Africa)

Please Note: It will take 5-6 business days to complete the report upon order confirmation.