USD 61.43 billion
Aluminum Curtain Wall Market Size, Share, Growth Analysis, By Type(Stick-Built, Semi-Unitized, Unitized), By Application(Commercial, Residential), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20B2053 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|Tables:
62
|Figures:
75
Aluminum Curtain Wall Market Insights
Global Aluminum Curtain Wall Market size was valued at USD 38.70 Billion in 2022 and is poised to grow from USD 42.30 Billion in 2023 to USD 86.16 Billion by 2031, growing at a CAGR of 9.3% in the forecast period (2024-2031).
The market is anticipated to experience a little increase in demand due to the increased requirement to secure outside walls of commercial buildings, including industrial facilities and offices. A variety of residential and commercial building types use aluminium curtain walls to withstand wind loads, resist air and water infiltration, and support their own dead load weight forces. Due to the rising demand for lightweight curtain walls in construction projects and the shift toward low-cost metals with high sustainability, the market for aluminium curtain walls is anticipated to experience significant expansion.
Over the course of the forecast period, a rise in the need for energy-efficient curtain walls is anticipated to drive the market for aluminium curtain walls. Commercial structures and sporting venues use a significant amount of energy, making up more than half of all energy usage. By adopting sustainable building materials, manufacturers have been concentrating on green buildings and energy-efficient curtain walls to lower energy and operational expenses. Furthermore, due to advantages including water resistance, energy efficiency, air tightness, light filtering, lightweight, cost-effectiveness, and ease of assembly, the demand for aluminium curtain walls is predicted to rise throughout the course of the projection period.
The market for aluminium curtain walls is anticipated to rise as a result of factors including the coordinated efforts of governments around the world to build green structures. The green construction industry is being driven by government incentives as well as greater awareness of and promotion of green brands because of their advantages for the environment and human health. Because they provide benefits like high energy efficiency and low greenhouse gas (GHG) emissions, curtain wall systems are quickly becoming more appealing in such construction activities. The benefits of aluminium curtain walls described above will likely drive market expansion during the anticipated time frame.
US Aluminum Curtain Wall Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Unitized
Fastest Growth
Unitized
Growth Rate
8.89% CAGR
Global Aluminum Curtain Wall Market 2021-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
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Aluminum Curtain Wall Market Segmental Analysis
Global Aluminum Curtain Wall Market is segmented by system type, construction type, application, distribution channel and region. Based on system type, the market can be segmented into Stick-built, Semi-unitized, and Unitized. Based on Construction Type, the market is segmented into Refurbishment, and New construction. Based on application, the market is segmented into Commercial, and Residential. Based on distribution channel, the market is segmented into Direct sales, and Indirect sales. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Aluminum Curtain Wall Market Analysis by Type
Unitized walls dominated the aluminum curtain wall market it was seen due to reasons such as it is not necessary to install each component individually in a unitized curtain wall system. The wall is built out of interconnecting factory-made and factory-glazed components. Therefore, compared to stick-built, unitized systems offer faster installation and superior quality. In comparison to stick-built curtain walls, a unitized curtain wall can be installed in about one-third the time. Due to the sequential installation of each component in a stick-built system, extreme accuracy and quality control are necessary. For the construction of tall buildings, a unitized curtain wall is chosen over conventional or stick-built methods.
Global Aluminum Curtain Wall Market By Type 2021 (%)
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Aluminum Curtain Wall Market Regional Insights
In 2021, Asia Pacific dominated the global market for aluminum curtain walls. The main markets for ACW in the Asia Pacific region are nations like China, India, and Japan. The near future market is expected to be driven by the abundance of aluminum and the region's building industry's positive expansion. By 2025, India is anticipated to overtake China as the third-largest construction market, according to the India Brand Equity Foundation (IBEF). Over the projection period, China and India are anticipated to jointly hold the greatest market share in the global construction market. Additionally, the need for various structural designs is increasing in India due to favorable government laws. The Indian government signed a memorandum of understanding (MoU) for cooperation in urban development with developed nations including the U.S., France, Japan, etc.
In 2021, Europe was the second-largest user of aluminum curtain walls worldwide. The area has a thriving market because there are more reputable producers there. Germany had the biggest revenue share in Europe, followed by the United Kingdom, and is anticipated to expand at the quickest CAGR throughout the projected period.
In 2021, North America had the third-largest proportion of the worldwide market. The United States is one of the biggest consumers of curtain walls in the world and the second-largest construction market. The market is predicted to increase significantly in Canada.
In 2021, the revenue share of Latin America, the Middle East, and Africa in the global market were in the single digits. However, it is anticipated that throughout the projection period, rising government and private investment in creating both commercial and residential infrastructures in these regions would generate potential growth possibilities for the aluminum curtain walls.
Global Aluminum Curtain Wall Market By Geography, 2021-2028
- Largest
- Fastest
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Aluminum Curtain Wall Market Dynamics
Aluminum Curtain Wall Market Driver
- By keeping air and rain outside the buildings, the aluminum curtain wall (ACW) serves as a buffer and an insulator. ACW ensures a more secure construction in the case of taller buildings by dispersing kinetic force through frames and reducing sway. Building thermal efficiency is increased with ACW. Harmful UV rays are prevented from entering through properly glazed curtain walls. Curtain wall systems assist in lowering the building's overall running costs by regulating temperature. Additionally, superior impact resistance and sound insulation are the key characteristics that are increasing demand for these systems in the contemporary construction business.
- The long-term sustainability of buildings and the innovation of already-existing structures over time is greatly influenced by a variety of aluminum's performance properties. The benefits of aluminum include design adaptability, a long lifespan, a higher strength-to-weight ratio, high reflectivity, fire safety, and others.
Aluminum Curtain Wall Market Restraint
- Curtain wall storage and transportation are very expensive. To maintain the aesthetic appeal, routine maintenance is necessary. To maintain the quality of the product, the sealant must be replenished over time. Since the majority of the aluminum frames are anodized, thorough cleaning is also necessary because the detergents used to clean the frames may damage the coating's surface. High-skilled labor is needed to install the curtain walling system, which raises the overall cost of installation. Furthermore, inclement weather causes a significant delay in the installation of curtain wall systems. This raises the cost of labor and storage results.
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Aluminum Curtain Wall Market Competitive Landscape
The aluminum curtain wall market is incredibly fragmented due to the abundance of large- and medium-sized manufacturers. These companies are heavily investing in research and development to provide environmentally friendly technology. The market for aluminum curtain walls has seen considerable growth in partnerships, collaborations, and investments focused on developing advanced aluminum curtain walls. These operations are expected to continue during the projected period due to rising government and commercial sector demand for aluminum curtain walls in several nations. For instance, in May 2021, Alumil Aluminium Industry S. A. supported the development of sustainable buildings in Vancouver by utilizing SMARTIA M78 to make the city greener.
Top Players in the Global Aluminum Curtain Wall Market
- YKK AP, Inc. (Japan)
- EFCO Corporation (US)
- Enclos Corporation (US)
- GUTMANN AG (Germany)
- Aluplex (Italy)
- Alutech (Belarus)
- HansenGroup Ltd. (Canada)
- Heroal (Germany)
- HUECK System GmbH & Co. KG (Germany)
- Josef Gartner GmbH (Permasteelisa Group) (Germany)
- Kalwall Corporation (US)
- Kawneer Company, Inc. (US)
- National Enclosure Company (US)
- Ponzio Srl (Italy)
- Purso Oy (Finland)
- RAICO Bautechnik GmbH (Germany)
- Reynaers (Belgium)
- Sapa Building Systems Ltd. (Norway)
- Schüco International (Germany)
- Skansa (Finland)
Aluminum Curtain Wall Market Recent Development
- In December 2021, Reynaers Aluminum, a European developer of aluminum products for buildings, joined hands with Renson, an outdoor concepts firm, to bring next-generation curtain wall systems.
Aluminum Curtain Wall Key Market Trends
- A large increase in the number of housing projects as a result of fast urbanization and rising income levels constitutes one of the primary factors driving the market expansion since aluminum curtain walls offer practical glazing solutions for residential structures. Additionally, as small and integrated modular homes become more popular, aluminum curtain walls are being used much more frequently to produce uniform and beautiful facades and enhance overall aesthetics. Accordingly, the market is being positively impacted by the growing demand for energy-efficient building systems brought on by growing environmental concerns and the implementation of strict rules by governments in several nations. Additionally, the market is expanding as a result of the new trend of sleek, contemporary workspaces. Aside from this, many businesses are incorporating sustainability methods to lessen the environmental impact of buildings because shopping centers account for a sizeable portion of carbon emissions and energy use. Worldwide demand for aluminum curtain walls is being stimulated by this. Additionally, it is anticipated that the use of aluminum curtain walls in the construction of upscale, environmentally-friendly entertainment venues and recreational complexes would increase as consumer expenditure on leisure and recreation services rises.
Aluminum Curtain Wall Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, by type, unitized walls dominated the global aluminum curtain wall market in 2021 and are anticipated to maintain their dominance throughout the forecast period. In 2021, Asia Pacific dominated the global aluminum curtain wall market owing to the region's high industry expansion and increase in favorable government laws.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 38.70 Billion |
| Market size value in 2031 | USD 86.16 Billion |
| Growth Rate | 9.3% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Aluminum Curtain Wall Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Aluminum Curtain Wall Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Aluminum Curtain Wall Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aluminum Curtain Wall Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aluminum Curtain Wall Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Aluminum Curtain Wall Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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