The Global Glass Curtain Wall Market size was valued at USD 31.95 billion in 2019 and is expected to reach USD 67.51 billion by 2027, witnessing a CAGR of 9.8% from 2023 to 2027. The market is anticipated to register exponential growth in demand, owing to growing needs to secure outside walls of business structures such as industrial facilities and workplaces. Aluminum curtain walls are utilized in residential and commercial buildings to withstand air and water infiltration, support its own dead load weight, and resist wind loads. The market for aluminum curtain walls is anticipated to register considerable growth due to the increasing demand for lightweight curtain walls in construction projects and preference for low-cost metals with high sustainability.
Market Overview:
Over the last few years, the manufacturing and construction industry has consistently experienced a growth in revenue, and it is expected to continue this growth between 2023 and 2027 with a robust revenue CAGR. This can be attributed to factors such as the rapidly growing construction and building sector, the rapid growth of urbanization and industrialization across the globe, and advances in manufacturing techniques. Increasing awareness of environmental impacts and carbon emissions has led to an increase in the demand for green construction and energy efficient buildings over the past few years. During the forecast period, key factors are expected to boost global market growth, such as the rapid expansion of the global population, changing lifestyle preferences, high demand for smart buildings, the rising number of renovations and reconstructions in the world, and an increase in eco-friendly construction activities. In addition to increasing disposable income, government schemes, and private investments to support manufacturing and construction industries, as well as a high emphasis on aesthetics, other factors are expected to boost global market growth.
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Competitive Landscape:
Demand for energy-efficient curtain walls is expected to spur market growth for aluminum curtain wall over the forecast period. Commercial buildings have high energy requirements and account for nearly 50% of the total energy consumption. Producers have been focusing on green buildings and energy-efficient curtain walls to reduce energy and operational costs by using sustainable building materials. Moreover, the demand for aluminum curtain wall is expected to increase over the forecast period, due to advantages such as energy efficiency, prevention of water penetration, filtration of natural light, air impermeability, lightweight, cost-effectiveness, and easy assembly. The major players include EFCO Corporation; Alumil Aluminium Industry S.A.; HansenGroup Ltd.; GUTMANN AG; and Kawneer Company, Inc. These companies are making huge investments in RD for introducing eco-friendly systems.
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Glass curtain wall market Segmentation:
Type Outlook
- Stick-built
- Semi-unitized
- Unitized
Application Outlook
- Commercial
- Residential
Regional Outlook
- North America
- U.S
- Canada
- Europe
- U.K.
- Germany
- France
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- Latin America
- Brazil
- Mexico
- Middle East Africa
- UAE
- Saudi Arabia
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