Report ID: SQMIG20B2053
Report ID:
SQMIG20B2053 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
62 |
Figures:
75
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.
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Report ID: SQMIG20B2053