North America Windows and Doors Market to witness over 4.7% growth from 2017 to 2024

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Windows Doors Market USD 211 Billion revenue
by 2024
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Key Insights from Windows Doors Market

• Subsidies offered for residential construction
  will positively influence the residential Windows
  and Doors Market demand. Household renovations
  has led strong upsurge in the history and is
  expected to continue with the trend over the
  projected time frame. Increasing demand for
  energy efficient products will support the
  industry growth. For instance, the government of
  the UK and Canada are regulating usage of energy
  efficient products to reduce carbon footprint in
  the environment.
• Replacement of wood and aluminum with innovative
  materials such as uPVC will support the product
  demand owing to its fully recyclable property,
  lesser maintenance, reduced weight, and thermal
  insulation. Availability of alternatives in
  laminates, colors, and designs are other factors
  contributing to the segment growth. Increasing
  demand for products that are resistant to
  weather, termites, and chemicals will further
  augment the windows and doors market size from
  2017 to 2024.

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Continued...

• Commercial sector accounted for over 288 million
  units in 2016 and is expected to exhibit highest
  CAGR over the projected timeline owing to
  increasing usage of WPC, glass, uPVC and metal.
  Strong security gates such as aluminum, steel,
  and glass gates is expected to witness
  exponential growth. Maintenance free products
  along with improved durability are also
  responsible for substantial industry growth over
  the forecast timeline.
• Rising awareness of smart systems integrated with
  security sensors will escalate the demand for new
  product profiles over the projected timeline.
  About 50 of energy is lost through entrances
  thus, smart window is developed to control rising
  costs associated with lighting, cooling, and
  heating of homes. Modernized entrance and exit
  locks are featured with keyless systems
  fingerprint security that are mostly used in the
  corporate facilities. Introduction of such
  innovative product line will induce immense
  potential to the windows and doors market by 2024.

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Continued...

• Waste generated through replacements creates
  negative impact on the environment. The UK
  accounts for sending of about tens of millions of
  the products to the landfills in which major
  share is from demolished buildings. Out of these
  wastes only 5 of the them are recycled.
  Increased waste generation may restrict the
  windows and doors market growth. In addition, to
  extend the durability of uPVC products, they are
  equipped with metal stabilizers such as cadmium,
  lead, and organotin which are toxic substances.
  This may serve as a challenge for the industry
  growth over the forecast timeframe.
• uPVC will account for highest windows and doors
  market revenue share surpassing USD 72 billion
  till 2024. This can be attributed to product
  profiles that are corrosion resistant and can
  effectively support in ventilation of the house.
  Minimal expansion and contraction makes the
  material more durable for retaining glass holding
  capacity. Also, these materials are
  self-extinguishing and has low softening
  temperature as compared to aluminum and wood thus
  enabling easy escape by pushing out the glass.

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Industry Coverage

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U.S. Windows and doors Market Size, By Material,
2012 2024 (USD Billion)

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Major Companies in Windows Doors Market

• Andersen Corporation
• Pella Corporation
• Centuryply
• Fenesta Building Systems
• JELD-WEN, Deceuninck
• ATIS Group are among the prominent players in the
  industry. Other notable players include SGM
  windows, Performance Doorset Solutions Ltd.,
  RENSON, Windoor, and Sokolka.

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Regional Insights in Windows Doors Market

• Asia Pacific is expected to cross 6.9 billion
  square feet by 2024 owing to the increasing
  population drawing huge demand for new
  infrastructure and serve its commercial and
  residential requirements. Increasing
  commercialization and urbanization are likely to
  support the industry growth till 2024.
• North America is anticipated to pose a CAGR of
  4.7. This growth can be credited to rising
  expenditure on construction activities for the
  improvement of infrastructure, residential, and
  aesthetic beauty in developed countries of the
  region. Moreover, presence of several local
  players will further spur the industry growth
  till 2024.

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