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Glass Curtain Walls Market Key Players, Expected to Surpass USD 85 Billion Forecast by 2026

09-26-2023 05:31 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Glass Curtain Walls Market

Glass Curtain Walls Market

The Glass Curtain Wall Market has experienced significant growth in recent years, driven by a combination of architectural trends, technological advancements, and the increasing emphasis on energy efficiency and sustainability in construction. This innovative building envelope system consists of large glass panels held together by metal frames, offering a sleek and modern aesthetic while also allowing for ample natural light to penetrate indoor spaces. Glass curtain walls are non-structural aluminum-framed walls, comprising infills of glass panels that are fixed to the building.

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Top Companies
AVIC Sanxin Co., Ltd., China Glass Holdings Ltd., Xinyi Glass Holdings Limited, SCHOTT AG, Saint-Gobain Group, Vitro, S.A.B. de C.V., AGC Inc., Guardian Industries Holdings, LLC (Guardian Glass LLC), Central Glass Co., Ltd., Nippon Sheet Glass Company, Limited.

Unitized glass curtain walls and stick-built glass curtain walls. The glass curtain wall market has witnessed substantial rise over past few years and is anticipated to record similar advancements during the upcoming years. Surge in urbanization and publicization, specifically in emerging markets, further stimulates the glass curtain wall market development.

Increase in demand for glass curtain walls in commercial and public building sectors is anticipated to drive the global glass curtain wall market during the forecast period. Further, the development of the global glass curtain wall market is driven by the need for the beautification of commercial as well as public buildings. Architects and developers are increasingly opting for glass curtain walls to create visually stunning skyscrapers, commercial buildings, and residential complexes. Moreover, these systems can enhance energy efficiency by optimizing natural lighting and reducing the need for artificial lighting during the day.

One of the primary reasons behind the surging popularity of glass curtain walls is their aesthetic appeal. Architects are increasingly drawn to the clean, modern lines and the sense of openness they provide. But these walls offer much more than just looks; they also contribute to energy efficiency. By allowing ample natural light into a building, they reduce the need for artificial lighting during daylight hours, leading to significant energy savings.

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The market's growth is also fueled by the evolution of glass curtain wall technology, which now includes advanced materials, energy-efficient coatings, and improved insulation properties. These developments not only contribute to greater energy savings but also enable buildings to meet stringent environmental regulations and certifications. Additionally, the market has witnessed increased demand for customized curtain wall solutions, enabling architects to explore unique and creative designs that set their projects apart.

On the other hand, rise in cost of steel and fluctuating foreign currency exchange rates are projected to hinder the glass curtain wall market growth. However, accessibility of low-cost and efficient manufacturing, especially in Asia-Pacific and rise in support from governments of different countries provide lucrative growth opportunities for the glass curtain wall market.

Furthermore, the global push toward sustainable construction practices has boosted the adoption of glass curtain walls, as they promote energy conservation and enhance occupant comfort. As urbanization continues to rise, especially in developing economies, the glass curtain wall market is expected to remain robust, offering architects and developers an elegant and sustainable solution to meet the challenges of modern building design.

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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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