Title: Aluminum Curtain Wall Market Regional Analysis and Forecast during 2020 – 2026
1Aluminum Curtain Wall Market Regional Analysis
and Trends Forecast during 2020 2026
- The growing adoption of curtain walls across
commercial buildings is projected to be the prime
factor augmenting the aluminum curtain wall
market share over the coming years. In addition,
the rapidly rising application scope of the
product within the residential sector should
further foster the market size. Growing demand
for the product in these sectors is being
ascribed to its lightweight, cost-effective, and
energy efficient properties. According to a
research report by Global Market Insights Inc.,
the aluminum curtain wall market is likely to
surpass a valuation of 57.16 billion by the end
of 2026. - Additionally, an upsurge in the commercial
constructions across the globe should further
stimulate the adoption of aluminum curtain walls
through the forecast timeframe. In fact, despite
the lockdowns across the world due to the
COVID-19 pandemic, global construction activities
are projected to grow tremendously.
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2- Rapid urbanization and industrialization is
leading to the growth of commercial construction
across emerging economies, which would majorly
fuel the overall market outlook from the
commercial application segment. In fact, the
segment is projected to hold approximately 90 of
the overall aluminum curtain wall industry share
by the end of the analysis period. On the other
hand, increasing awareness among people about
energy efficiency across residential buildings
would also positively impel adoption of curtain
walls in residential applications over the coming
years.
- With reference to system type, the market is
bifurcated into unitized, semi-unitized, and
stick-built systems. Of these, the unitized
curtain wall system dominated the market share,
holding approximately 62 of the overall industry
share in 2019. The segment is likely to foresee
similar growth trends due to the increasing
installations of these systems across commercial
buildings.
- Meanwhile, the increasing prevalence of green
buildings across the world and an increase in the
number of respondents to this initiative should
majorly proliferate the aluminum curtain walls
demand. In fact, according to the World Green
Building Councils survey conducted across 20
countries, the number of customers wanting their
construction projects to be green is projected to
rise to 47 in 2021, the number was approximately
27 in 2018.
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4- The North America aluminum curtain wall market is
expected to witness tremendous rate of expansion
led by the U.S. In fact, the regional market is
projected to hold about 22 industry share of the
overall market by the end of 2026. An upsurge in
the commercial constructions across the U.S. as
well as renovation of old structures is likely to
be the prime factor augmenting the market growth.
In addition, the consistently growing demand for
curtain walls to avoid water and air penetration,
protection against wind load and dead load, and
natural light filtration should majorly fuel the
regional market trends over the coming years.
- The competitive landscape of the aluminum curtain
wall market is inclusive of players such as
Capitol Aluminum Glass Corporation, Arcat,
Extech Exterior Technologies, Arcadica, ALUMIL,
Kawneer, Hansen, EFCO corporation, Sapa Building
Systems Ltd., Reynaers, YKK AP America, Petra
Aluminum, and C.R. Laurence Co. among others.
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