June 29, 2022 20:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
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DUBAI, United Arab Emirates, June 29, 2022 (GLOBE NEWSWIRE) -- The aluminum curtain wall market size is estimated to be valued at US$ 41.65 billion in 2022 and is anticipated to reach US$ 101.36 billion by 2032, at a CAGR of 9.3% during 2022-2032.
As curtain wall systems help to reduce the building's overall operating costs by controlling temperature, the global aluminum curtain wall market is expected to grow. Today's construction sector is seeing increased demand for aluminum curtain wall due to its superior impact resistance and sound insulation.
The varied performance attributes of aluminum play a significant role in the latest innovations in the aluminum curtain wall market as well as the long-term sustainability of buildings.
Aluminum curtain walls have a number of advantages, including design flexibility, a long service life, improved strength-to-weight ratio, excellent reflectivity, and fire safety.
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Furthermore, a number of studies have shown that aluminum is good for the environment which is another major factor propelling the demand for aluminum curtain wall during the forecast period.
As it serves as a shield and insulator by keeping air and rain outside the buildings, sales of aluminum curtain wall are expected to increase. By spreading kinetic stress via frames, ACW reduces sway in taller buildings, making the structure more secure.
Due to the rising urbanization, sales of aluminum curtain wall are projected to increase. Commercial and residential properties are constantly adapting new construction styles which are projected to aid in the development of aluminum curtain wall market outlook.
Key Takeaways from Market Study
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“Aluminum curtain wall demand is projected to grow due to increased infrastructure development, urbanization, and aluminum's expanding use in the buildings. The aluminum curtain wall market share is projected to increase significantly as a result of the increase in demand for lightweight curtain wall in construction projects and the move toward inexpensive metals with high sustainability.”- Future Market Insights Analyst.
With numerous large- and medium-sized manufacturers, the aluminum curtain wall market is highly fragmented. In order to provide environmentally friendly technology, these businesses are making significant investments in research and development.
Key players profiled in the report are Alumil Aluminium Industry S.A., EFCO Corporation, GUTMANN AG, Hansen Group Ltd., Kawneer Company, Inc.
Partnerships, collaborations, and investments aimed at creating advanced aluminum curtain wall have significantly increased in the aluminum curtain wall market. Due to growing government and business sector demand for aluminum curtain walls in a number of countries, these activities are anticipated to develop throughout the projected period.
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Key Players in the Aluminum Curtain Wall Market
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Table of Content 1. Executive Summary
3.5. PESTLE and Porter’s Analysis
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