The global aluminum curtain wall market share is poised to amass significant gains over the forecast spell, due to its rising adoption in commercial constructions. On the other hand, the burgeoning application of curtainwall technology in residential applications is also gaining traction over the years, given the light weight, energy-efficient characteristics and cost efficiency of the products.
The aluminum curtain wall market is set to grow from its current market value of more than USD 38.51 billion to over USD 57.16 billion. 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.
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The growing adoption of curtain walls across commercial buildings is projected to be the prime factor augmenting the aluminum curtain wall industry 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.
In terms of application, commercial segment will account for more than 90% of the total market share by the end of the analysis timeline. It is likely to remain an important investment avenue in emerging economies owing to rapid urbanization and industrialization. In addition, residential application segment is anticipated to witness substantial growth over the coming years. This can be ascribed to rising awareness towards energy efficient products across residential buildings, thereby driving the demand for curtain walls.
The aluminum curtain wall market from unitized system segment is anticipated to depict a commendable CAGR of over 8.6% through 2026. This progress is characterized largely by the rising implementation of unitized curtain wall systems in commercial buildings, due to myriad advantages including lower labor and installation costs, higher energy efficiency and faster installation, among others.
To illustrate, in 2019, commercial façade developer Ipswich Bay Glass introduced a novel Unitized Stud Wall System. The new technology was designed to combine the merits of unitized curtainwall technology and light gauge metal framing systems, through the use of true unitized dry stack joints on horizontal as well as vertical stacks.
APAC aluminum curtain wall market will witness substantial growth over the coming years. In fact, the region in the year 2019, registered the largest share due to rising demand for curtain walls in commercial projects across the region. In addition, strict government policies and regulations to promote health & environment benefits of green products is further driving the product demand across APAC. This is further slated to offer new growth opportunities in the region.
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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Some Point from Table of Contents:
Chapter 4. Aluminum Curtain Wall Market, By System Type
4.1. Global aluminum curtain wall industry share by system type, 2019 & 2026
4.2. Stick-built system
4.2.1. Market estimates and forecast, 2016 - 2026
4.2.2. Market estimates and forecast, by region, 2016 - 2026
4.3. Unitized
4.3.1. Market estimates and forecast, 2016 - 2026
4.3.2. Market estimates and forecast, by region, 2016 – 2026
4.4. Semi-unitized
4.4.1. Market estimates and forecast, 2016 - 2026
4.4.2. Market estimates and forecast, by region, 2016 - 2026
Chapter 5. Aluminum Curtain Wall Market, By Construction Type
5.1. Global aluminum curtain wall industry share by construction type, 2019 & 2026
5.2. Refurbishment
5.2.1. Market estimates and forecast, 2016 - 2026
5.2.2. Market estimates and forecast, by region, 2016 - 2026
5.3. New construction
5.3.1. Market estimates and forecast, 2016 - 2026
5.3.2. Market estimates and forecast, by region, 2016 - 2026
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