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Improved Prospects: Ceresana Expects Growing World Market for Plastic Windows

12-07-2020 01:50 PM CET | Industry, Real Estate & Construction

Press release from: CERESANA

After more than ten boom years, the construction industry is spoiled by success. Even the corona pandemic has not yet had a great impact, since the order books are still well filled. However, the drastic measures to contain the pandemic will also affect the construction sector and its suppliers, albeit with a time lag. This is the third time that Ceresana has analyzed the global market for plastic windows used in buildings. The current study provides a quantitative assessment of the effects of the crisis and the magnitude and time frame of a possible recovery. Ceresana's analysts expect the demand for plastic windows to begin increasing again after two difficult years starting in 2022: they forecast average global growth of 2.6% per year until 2027.

Not Everyone Is Equal in the Face of the Virus

The future prospects of the construction industry are very much dependent on the varied reactions of individual states to the corona challenge: in Germany, for example, hardly any construction sites have been shut down, while construction companies in Great Britain, Austria, and Italy suffered from mandatory stops and are now at a competitive disadvantage. Supply chains have been interrupted and have to be re-established. Since many contracts are being postponed or are not being carried out at all, especially in commercial construction such as for new hotels, public tenders as well as the financial strength and priorities of state investors are now very important.

Economic Assistance and Climate Protection

The markets for plastic windows were already strongly influenced by national support programs to increase energy efficiency. A high proportion of the total energy consumption is used for the heating of buildings. The insulation of house walls or roofs is therefore often required. However, the best insulation is of little use if windows are not considered as possible thermal bridges. Modern plastic windows can make an important contribution to energy saving and environmental protection, for example by integrating special insulation cores directly into the window profile in order to reduce heat loss and thus the energy requirements of a house.

Current Market Data

The market shares of plastic windows are increasing in most countries of the world. In the context of "smart homes", they perform important tasks in automated ventilation, heat regulation, or anti-burglary protection. The latest study by Ceresana provides figures on the demand, production, import and export of plastic windows as well as information on revenues. In the context of this study, the number of window frames is the decisive factor, not the window fittings or glazing. The development of the individual construction segments is also examined in detail: new construction, renovation, as well as residential and commercial construction.

The Study in Brief:

Chapter 1 provides a comprehensive quantitative representation and analysis of the global market for plastic windows, including forecasts up to 2027. Key figures such as production and demand and revenues are presented for each region of the world.
Chapter 2 shows data on the production and consumption of plastic windows in 16 countries, also split into construction segments (new construction, renovation, residential construction, commercial construction). Key figures on import, export and revenues are also provided.
Chapter 3 lists company profiles of the most important producers of plastic windows, clearly arranged according to contact information, revenues, profits, product range, production facilities, profile summary, as well as product types and application areas. It includes detailed profiles for the 80 most important manufacturers.

Further information: www.ceresana.com/en/market-studies/industry/plastic-windows-world

Ceresana
Mainaustrasse 34
78464 Konstanz
Germany
Press Contact: Martin Ebner, m.ebner@ceresana.com

As one of the world's leading market research institutes, Ceresana is specialized in the segments chemicals, plastics, packaging, and industrial goods with a focus on automotive / mobility. Companies have been benefiting from our high-quality industry analyses and forecasts since 2002. More than 200 market studies provide over 10,000 customers around the world with the knowledge base for their sustainable success.
Find more information about Ceresana at www.ceresana.com

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