The Aluminum curtain wall market refers to the industry involved in the manufacturing, distribution, and installation of curtain wall systems made primarily from aluminum. A curtain wall is an external building envelope system that is designed to provide a non-structural, protective, and aesthetic covering for the exterior of a building. It consists of lightweight Aluminum frames and infill panels, such as glass, metal panels, or composite materials.
"Aluminum Curtain Wall Market" refers to the industry involved in the design, manufacturing, distribution, and installation of Aluminum curtain wall systems for buildings. Curtain walls are non-structural outer coverings of a building's exterior that are designed to protect the interior from the elements while providing an aesthetically pleasing appearance. They consist of aluminum frames with infill panels made of glass, metal, or other materials.
Applications of Aluminum curtain walls include:
Commercial Buildings: Skyscrapers, office buildings, hotels, and retail complexes often use curtain walls to create modern and sleek exterior facades.
Residential Buildings: High-end residential towers and apartment complexes use curtain walls to enhance aesthetics and provide residents with expansive views and natural lighting.
Institutional Buildings: Schools, universities, hospitals, and government buildings can benefit from the natural lighting and energy-efficient properties of curtain walls.
Cultural and Recreational Buildings: Museums, galleries, sports arenas, and other public venues utilize curtain walls to create unique and visually striking architectural designs.
Aluminum Curtain Wall Market size was valued at $35.3 billion in 2021, and is estimated to reach $73.3 billion by 2031, growing at a CAGR of 7.4% from 2022 to 2031.
Download sample PDF
https://www.alliedmarketresearch.com/request-sample/8348
Commonly observed aluminum curtain wall types include stick built, semi-unitized, and unitized. Among these, the unitized segment accounted for the highest market share in 2021, owing to its ability to be installed quickly. Further, the new construction segment under the under the installations registered a higher revenue in 2021, owing to increased demand for new buildings. In addition, the market is analyzed among different end-users of aluminum curtain wall, which includes residential and commercial buildings. The market is mainly driven by rise in construction activities due to rapid urbanization. However, the fluctuations in the cost of raw materials used for manufacturing aluminum curtain wall constraints the aluminum curtain wall market growth.
In 2021, Asia Pacific dominated the global aluminum curtain wall market, in terms of revenue. Moreover, the market in Asia-Pacific has grown with high CAGR, owing to rise in construction of commercial buildings.
The rise in global population and rapid urbanization propel the growth of the building construction sector; thereby, driving demand in aluminum curtain wall market. Further, aluminum curtain wall is light in weight, easy to manufacture, and resistant to corrosion. This is one of the major factors driving the demand for aluminum curtain wall over other façade options.
Furthermore, on the basis of end-user industry, the commercial buildings segment is anticipated to grow rapidly during the forecast period, owing to increased demand for commercial buildings fueled by increasing job opportunities in service sector, and rising urbanization.
Key manufacturers in the market are adopting various strategies to sustain the competition in the market. For instance, in March 2022, Extech/Exterior Technologies Inc., acquired Las Vegas, U.S. based Martin Metal LLC. This acquisition will enhance the market reach as well as product portfolio including building façade, and dynamic wall systems of Extech/Exterior Technologies Inc.; thereby, increasing its profitability.
However, various manufacturers in the aluminum curtain wall market had to stop their business in countries such as China, the U.S., and India, during the pandemic lockdown. This break directly impacted sales of aluminum curtain wall manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for aluminum curtain wall; and negatively influenced the growth of the market. However, after two years of COVID-19 outbreak and introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.
Key companies profiled in the aluminum curtain wall market forecast report include Apogee Enterprises, Inc., C.R Laurence Co., Inc., Capitol Aluminum & Glass Corporation, DMC Global (Arcadia, Inc.), Extech Exterior Technologies, Inc., Hansen Group, Kawneer, Inc., Petra Aluminum, Reynaers Aluminum, and Technal UK.
Inquire before buying
https://www.alliedmarketresearch.com/purchase-enquiry/8348
About Allied market research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Data
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research/