Aluminum Curtain Wall Market Research Report-Global Forecast till 2030

Aluminum Curtain Wall Market Research Report, By Type (Stick-built, Semi-unitized, and Unitized), Application (Residential, and Non-residential) and Region — Global Forecast till 2030

ID: MRFR/CO/6034-HCR | February 2021 | Region: Global | 110 pages

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MARKET OVERVIEW


Globally, the aluminum curtain wall market occupies a market value of about 9% CAGR where it projects at USD of about 20 billion during the market forecast period. Construction of new residential buildings along with remodeling and carrying out renovation projects. This leads to the rise in urbanization which promotes the growth of the market. High penetration of the aluminum curtain wall in the commercial construction activities especially in the region of India, China, Australia, and some of the Indonesian region has spurred up the aluminum curtain wall market size. Moreover, curtains have been widely used in offices, hospitals, restaurants, and hotels. There are several other advantages associated with the usage of the aluminum wall like enhancing the thermal efficiency of the houses or buildings for preventing the spread of fire.


COVID 19 ANALYSIS


The outbreak of the pandemic affected the nationwide people. The government started taking out various rules and regulations which led to the shutting down of the manufacturing units. A change in consumer behavior was marked whereas the supply chain was interrupted. The government has made so many schemes to make the market revive from the adverse effects of pandemic and soon the market will see huge growth.


COMPETITIVE LANDSCAPE


Some of the key players in the market are



  • ALUMIL of Greece

  • Kalwall Corporation of the United States

  • Enclos Corporation of the United States

  • HUECK GmbH and Co. KG of Germany

  • Gutmann AG of Germany

  • Heroal of Germany

  • Hansen Group Ltd of the United Kingdom

  • EFCO Corporation of the United Kingdom

  • Aluplex of India

  • Slutecg Systems Ltd of the United Kingdom

  • Josef Gartner GmbH of Germany and many more.


These key competitors have planned certain strategies which help in their expansion and help in raising the market share. Besides it, some other key strategies are developing and launching new products, use of advanced materials, merging and attaining acquisition, developing partnerships, and collaborating.


MARKET DYNAMICS



  • drivers- investing much more money towards the size expansion by constructing several buildings to grow the business. Here residential construction in the regions of India and China pampers up the size. This helps lead the world in some of the Asia Pacific regions over time. Spending more of the sum by the corporations for various developmental activities drives up the aluminum curtain wall market size.This has raised the growth and demand of various commercial segments. However, the commercial division contributes towards growth during the market forecast period.

  • Opportunities- a rise in growth takes place due to a high rise in demand which increases opportunities. An increase in security of the external business walls witnesses the market rise. Using aluminum curtain walls removes the infiltration property of both air and water. It provides support to its weight forces and withstands the wind load property. Exponential growth is experienced by the aluminum curtain wall market. Moreover, the use of a lightweight aluminum curtain is very much useful for the construction of the projects and improving the sustainability of the aluminum curtain. Nowadays some of the key players have started using green resources for reducing the energy driving up the aluminum curtain wall industry.There is a high demand for the use during the market forecast period. It provides certain advantages like increasing the penetration of water, raising the impermeability of the air, filtering out the natural light, and its cost-effectiveness property raises the market value and eases up the consumers to buy more of the product. The migration of more people to urban areas and obtaining high disposable income facilities raise the market demand.

  • Challenges- the efforts and the incentives taken by the government for raising the recognition and promoting the use of green branded aluminum curtain walls provide much more benefits to both health and the environment are the most challenging factors so faced.



  • Restraints- the products so available at high price restraints up the market size and the market growth during the market forecast period. Another restraining factor is the COVID 19 that had a very bad impact on the world which affected the construction activities. Growth in the installation costs and decrease in the site operations restrains the market size. Moreover, a reduction in the quality of the materials decreases the growth.


MARKET SEGMENTATION



  • by type- globally it was found that the market has been classified into both type and application. As per the market type, the market here has been divided into stick-built, unitized along semi unitized. Whereas the application part is classified into residential as well as non-residential types. As per the type, the market here has been divided where it is again subdivided. Moreover, it was marked that the unitized segment covers the large market share during 2017. This is because of the increase in effective infiltration rates, controlling the quality in a better way, and giving less installation time. Lessening up of labor costs, rise in energy efficiency, and highly revealing on the trendy features is fully associated with unitized type. This helps in driving up the segment globally and regionally. Moreover, it was found that the commercial sector was said to be the most important and dominating segment in the year 2017. This is the reason where the high growth of multinational brands takes place. The growth of more manufacturing units has increased and has increased the growth of certain manufacturing units. This has led to the construction of the majority of more areas for offices, along with the number of manufacturing sectors.

  • By technology- it has been marked that technological advancement took place in the material and innovation of new products took place. This growth in technology has become instrumental in raising the demand for the use of building elements and some of the components, mostly aluminum curtain walls. Technology led to the growth of energy-saving solutions, which is the most important innovation made due to technology that led to the development of energy-saving processes. Technology led to the improvement of moisture management techniques by using certain advanced materials which have helped in rising the demand for aluminum curtain walls in the upcoming marketing years. The demand for the aluminium curtain wall industryis gaining attractiveness as the low emission of greenhouse gases takes place.


REGIONAL ANALYSIS


Globally, the aluminum curtain wall market has been divided into the regions of the North American region, the Asia Pacific, some of the European regions, and some areas belonging to the rest of the world. Some of the North American and European regions cover a large area of aluminum curtain wall market sharein the whole of the market. It has also been marked that the Asia Pacific region will continue its dominance up to the year 2023. This is because investing much of the money in R and D activities and using advanced material products for a prolonged state of time. The Asia Pacific covers a major share of aluminum curtain wall market growth followed by the North American region and the European region. The European and North American region has faced exponential growth during the market forecast period. These regions cover about 40% of the CAGR value in 2019. The growth in this region is due to the rise in indisposable income value and the growth in spending facilities along with the growth in the sustainability of the curtains walls reduces pollution and improves the resistance towards moisture in the large precipitation areas resulting in the improvement in the European and North American region.


RECENT DEVELOPMENTS



  • Apogee Enterprises in 2017, made a partnership with EFCO Corporation for promoting the growth opportunities thereby raising its presence along with the commercial sector extending its product offerings, and expanding the area geographically throughout the United States region.


REPORT OVERVIEW


The market research report gives in-depth information about the estimation of the industry and the market forecast period interns if value and volume. It gives information regarding the cost-effective product which helps in raising the aluminum capabilities of their business. It gives information about the catering needs and lifestyles in different developing regions.it elaborates on the qualitative insights and gives information about the competitive landscape.



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2027: USD 20 Billion
  • 2030 : Significant value
  •   CAGR   9% CAGR (2022 to 2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type and Application
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   ALUMIL (Greece), Enclos Corporation (US), GUTMANN AG (Dubai), HansenGroup Ltd. (UK), Aluplex (India), Josef Gartner GmbH (Germany), Alutech Systems Ltd (UK), EFCO Corporation (US), Heroal (Germany), HUECK System GmbH & Co. KG (Germany), and Kalwall Corporation (US)
      Key Market Opportunities   the new residential building and remodeling and renovation projects owing to the rapid urbanization
      Key Market Drivers

  • Better-quality control
  • Efficient infiltration
  • Less installation time
  • Low labor cost
  • Increased energy efficiency


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    Frequently Asked Questions (FAQ) :

    Aluminum curtain wall market valuation would be USD 20 billion by 2027.

    Aluminum curtain wall market would be 9% during the forecast period.

    North America and Europe would contribute the most to aluminum curtain wall market growth.

    Increasing investment in the construction sector would drive the APAC aluminum curtain wall market ahead.

    The unitized segment had the largest aluminum curtain wall market share.

    The residential segment covers an aluminum curtain wall market value of about 8.5% during the market forecast period of 2022 to 2030. The residential segment provides growth opportunities to all the competitors involved in the value chain. Growth also takes place due to the recovery of the housing market in the United States, and the construction activities taking place over there.

    It has been marked that the key players are emphasizing strengthening their regional presence by making partnerships with other market players which helps in rising their market presence and attaining the competition at a particular competitive edge.