Aluminum Curtain Wall Market Size By System Type (Stick-built System, Unitized, Semi-unitized), By Construction Type (Refurbishment, New Construction), By Application (Commercial, Residential), COVID-19 Impact Analysis, Regional Outlook, Application Poten

Aluminum Curtain Wall Market Size By System Type (Stick-built System, Unitized, Semi-unitized), By Construction Type (Refurbishment, New Construction), By Application (Commercial, Residential), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast" 2023-2032

Aluminum Curtain Walls Market is set to register significant growth between 2023 and 2032, primarily owing to the increasing government initiatives in building infrastructure. For instance, in April 2022, the GSA (General Services Administration) announced that the U.S. government will now prefer American-made, lower-carbon construction materials in its federally funded and federal procurement projects. In addition to gypsum board, asphalt, and structurally engineered wood, the construction materials listed by the GSA also comprise aluminum curtain walls and aluminum storefronts. Such impetus from the governments is expected to spur the market demand.

Besides, aluminum curtain walls are highly cost-effective as they lessen AC workload and reduce the requirement for artificial light. While traditional windows are expensive, especially if they are to be fitted in large buildings, aluminum curtain walls are made from budget-friendly materials. Moreover, they are lightweight and thin, which makes them easy to install as well. These advantages of aluminum curtain walls are set to fuel the market demand within the next ten years.

Overall, the aluminum curtain walls market has been bifurcated in terms of system, construction, application, and region.

Based on the system, the semi-unitized segment will reach more than 10 billion in terms of revenue by 2032. Since these curtains can be installed quickly and are more resistant to wind velocity and moisture, they are increasingly used in large buildings, which will drive market growth through 2023-2032.

On the basis of construction, the refurbishment segment is slated to grow at more than 9.5% CAGR through 2032. The aging infrastructure in major cities across the world along with an increasing interest in aesthetics has resulted in increased refurbishment activities, which will augment the market growth in the upcoming time.

In terms of application, the residential segment is set to witness significant gains through 2032. This growth can be accredited to the increasing awareness about environmental degradation, cost efficiency, and sustainability among the general populace.

In the regional context, the aluminum curtain walls market in North America is set to grow at more than 9.5% CAGR through 2032. The growth can be attributed to the increasing industrial construction and establishment of new business centers. To cite an instance, in June 2021, the Finland-based producer of environmental, weather, and industrial measurements, Vaisala, opened its new headquarters in Colorado. The firm chose to use aluminum curtain walls in major areas of the building to assist it to achieve net-zero environmental impact, apart from a modern and clean aesthetic.