Aluminum Curtain Wall Market Growth $65.7 Billion By 2027 | The Asia Pacific region is anticipated to witness significant growth with a CAGR exceeding 11.0%: Grand View Research, Inc.

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Aluminum Curtain Wall Market Growth $65.7 Billion By 2027 | The Asia Pacific region is anticipated to witness significant growth with a CAGR exceeding 11.0%: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report by Grand View Research, Inc the global aluminum curtain wall market size was valued at USD 31.9 billion in 2019 and is expected to witness a CAGR of 9.6% from 2020 to 2027. The market is expected to witness an incremental growth in demand, owing to growing needs to secure outside walls of business structures including, industrial facilities and workplaces.

The global aluminum curtain wall market size is expected to reach USD 65.7 billion by 2027, expanding at a CAGR of 9.6%, according to a new report by Grand View Research, Inc. The market is being driven by growing trend of protecting exterior walls and upsurge in construction of commercial buildings, including offices and institutions, in developed and developing economies. Market growth can also be ascribed to increasing demand for enhanced moisture management properties and energy-efficient solutions.

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U.S. aluminum curtain wall market size

 

Furthermore, government regulations pertaining to green buildings remain to be the key driver of the market. For instance, Energy Performance of Buildings Directive (EPBD) aims at improving energy performance of buildings, while considering indoor and outdoor climate conditions, local requirements, and cost-effectiveness. The directive is pertinent to new and old buildings, which are under the process of renovation. Curtain walls systems decrease HVAC costs and improve building energy efficiency.

Further key findings from the report suggest:

  • The market was valued at USD 31.9 billion in 2019 and is expected to witness a CAGR of 9.6% over the forecast period, owing to considerable rise in construction spending across the globe and increased use of sustainable materials

  • The unitized segment accounted for a major share in 2019, owing to factors such as enhanced quality control, efficient air and water infiltration performance, and minimal installation time

  • The commercial segment is anticipated to exhibit a CAGR exceeding 9.5% from 2020 to 2027, owing to growing demand for high-end entertainment, recreational, and shopping complexes

  • The Asia Pacific region is anticipated to witness significant growth with a CAGR exceeding 11.0% over the forecast period, owing to increasing demand for retail spaces and growing disposable income in the region

  • The key players, such as Alumil Aluminium Industry S.A.; EFCO Corporation; GUTMANN AG; HansenGroup Ltd.; and Kawneer Company, Inc., are emphasizing on expanding their market presence through mergers and acquisitions.

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China aluminum curtain wall market share

 

Increasing demand for eco-friendly infrastructure, owing to stringent regulations and rising awareness regarding environmental deterioration, is anticipated to favorably impact the market over the forecast period. Moreover, rapid urbanization, along with rising disposable income in emerging economies of the Asia Pacific region, including China, India, Japan, and Thailand, is anticipated to spur construction of residential and commercial buildings. This is expected to positively influence the growth of the aluminum curtain wall market over the forecast period.

Access complete Aluminum Curtain Wall Market Report By Grand View Research, Inc.

Grand View Research has segmented the global aluminum curtain wall market based on type, application, and region:

Aluminum Curtain Wall Type Outlook (Revenue, USD Billion, 2016 – 2027)

  • Stick-built

  • Semi-unitized

  • Unitized

Aluminum Curtain Wall Application Outlook (Revenue, USD Billion, 2016 – 2027)

  • Commercial

  • Residential

Aluminum Curtain Wall Regional Outlook (Revenue, USD Billion, 2016 – 2027)

  • North America

    • U.S.

    • Canada

  • Europe

    • Eastern Europe

      • Russia

      • Turkey

      • Poland

    • Western Europe

      • U.K.

      • Germany

      • France

      • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Taiwan

    • Thailand

    • Malaysia

    • Singapore

    • Indonesia

    • Australia

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • UAE

    • Saudi Arabia

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About Grand View Research

 

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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