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

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 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. '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)'

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.

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.

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.