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Boost Your Business: Soaring Construction Activities Set to Fuel the Aluminum Curtain Wall Market Growth || Alumil S.A., Arconic Corporation, HUECK System GmbH & Co. KG, Kalwall Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Aluminum Curtain Wall Global Market Report 2023 the increase in construction activities is the major driver for the aluminum curtain wall market's growth in the forecast period. Construction refers to a building's floor area being dedicated to habitation and being recognized as a building. Aluminum curtain walls are used in commercial buildings and high-rise structures to enhance their thermal and solar management effectiveness in difficult climates. For instance, according to the report Global Construction 2030, published by Oxford Economics, a UK-based leader in global economic forecasting and econometric analysis, the volume of construction output is expected to grow by 85% by 2030. Thus, the increasing residential construction activity is driving the growth of the aluminum curtain wall market.
The global aluminum curtain wall market size is expected to grow from $36.91 billion in 2022 to $40.36 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aluminum curtain wall market size is expected to grow to $56.40 billion in 2027 at a CAGR of 8.7%.
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Major competitors in the aluminum curtain wall market are Alumil S.A., Arconic Corporation, HUECK System GmbH & Co. KG, Kalwall Corporation, National Enclosure Company LLC, PRL Glass Systems Inc., Raico Bautechnik GmbH.
A key trend in the aluminum curtain wall market includes product innovation. Major companies operating in the construction sector are focused on developing new solutions for aluminum walls to strengthen their position in the market. Renewable energy systems can be mounted against and incorporated into building façades that ensure the harmonic integration of photovoltaics. Due to the benefits of solar façades, businesses are concentrating on creating innovative and sophisticated solar façades. For example, in March 2022, Mitrex, a Canada-based solar technology manufacturer, launched the solar brick.
Read More On The Global Aluminum Curtain Wall Market Report Here:
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The aluminum curtain wall market is segmented -
• By Type: Stick-Built, Semi-Unitized, Unitized
• By Material: Fiberglass And Glass Wool, Mineral Wool, Plastic Foam
• By Construction Type: Refurbishment, New Construction
• By Application: Commercial, Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the aluminum curtain wall market.
The Business Research Company's "Global Aluminum Curtain Wall Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aluminum Curtain Wall Market Include:
1. Executive Summary
2. Aluminum Curtain Wall Market Characteristics
3. Aluminum Curtain Wall Market Trends And Strategies
4. Aluminum Curtain Wall Market - Macro Economic Scenario
5. Aluminum Curtain Wall Market Size And Growth
………………………
27. Aluminum Curtain Wall Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aluminum Curtain Wall Market
29. Aluminum Curtain Wall Market Future Outlook And Potential Analysis
30. Appendix
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