May 31, 2019
Worldwide aluminum curtain wall market is presumed to reach over US $55.3 billion by the year 2026, according to the latest research available at Market Study Report LLC, report provides extensively data on market share, growth, trends and forecasts for the period 2017-2026.
Surging environmental concerns, growing trend of energy-efficient buildings, and moisture management essential for commercial buildings are the leading driving forces for the growth of the global aluminum curtain wall market cited in the report. Market growth is further triggered by growing acceptance of green buildings, decreasing operational costs, supportive governmental norms, amplifying awareness, and technological enhancements. Furthermore, several strict government regulations regarding energy consumption, along with burgeoning investments by vendors in technological developments and research & development, are anticipated to impel the market growth during the forecast years, cites the report.
According to the latest report, the demand for aluminum curtain walls has increased significantly over the recent years, because of rising concerns regarding energy and greater environment consciousness. A wide range of features including high quality, energy efficiency, lower operational and installation costs, coupled with important government initiatives and considerable investments have amplified the adoption of the aluminum curtain walls, cites the report.
Speaking of the product gamut, the worldwide aluminum curtain wall market is fragmented into stick-built, semi-unitized, and unitized. Reportedly, the unitized curtain wall segment bagged the biggest market share in the year 2017. These curtain walls are widely used owing to benefits such as reduced operational costs, higher energy efficiency, lower labor costs, decreased installation costs, and advanced protection. In terms of application outlook, the global market is segmented into commercial, residential, and public structures.
The latest report also provides an exhaustive scrutiny of the global aluminum curtain wall market drivers, challenges, and opportunities over the forecast timeline. A brief overview of the market, with respect to the ecosystem analysis, Porter’s five forces, PEST analysis, value chain, industry trends, and competitive profiling has also been included in the report.
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The geographical segments of the global aluminum curtain wall market encompass North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. As per the findings of the report, the Asia Pacific region generated the highest market revenue during the year 2017 and is slated to be the leading contributor to the worldwide market revenue over the projected timeframe. Product demand has gained momentum in the region on account of rising environmental concerns, and rising preference for energy efficient buildings. Stringent governmental norms regarding energy usage as well as the need for reduced operational costs have augmented product usage across public structures and commercial buildings.
Leading global market players enumerated in the report include HansenGroup Ltd., EFCO Corporation, National Enclosure Company, Kalwall Corporation, Ponzio Srl, Sapa Building Systems Ltd., Josef Gartner GmbH, Kawneer Company Inc., Alumil Aluminum Industry S. A, GUTMANN AG, and HUECK System GmbH & Co. KG, among others. These companies are enhancing their offerings and joining forces with other key market players for innovating and introducing new products to suffice the growing requirements of consumers.