Press release
Aluminum Curtain Wall Global Market Poised to Reach $62.36 Billion By 2028, Predicts The Business Research Company
The aluminum curtain wall market size has grown strongly in recent years. It will grow from $40.63 billion in 2023 to $44.51 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to urbanization, growing preference for modern and aesthetically pleasing designs, energy efficiency regulations, rise in industrial and commercial construction projects, investment in large-scale infrastructure projects.The aluminum curtain wall market size is expected to see strong growth in the next few years. It will grow to $62.36 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increased adoption of smart building, resilient building design, renewable energy integration, global connectivity, digitalization. Major trends in the forecast period include biophilic design, 3D printing technology, flexible workspace designs, zero net energy buildings, prefabrication and modular construction.
Market Overview -
An aluminum curtain wall refers to a glass, metal, or light stone infill that is placed inside a thin wall frame. It is made from lightweight materials that increase airtightness and energy efficiency while preventing water infiltration and lowering total building expenses. It is commonly used in commercial buildings and high-rise structures to enhance their thermal and solar management effectiveness in difficult climates.
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Surge In Construction Activities Propels Growth In The Aluminum Curtain Wall Market
An increase in construction activities is expected to propel the growth of the aluminum curtain wall market going forward. 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.
Competitive Landscape -
Major companies operating in the aluminum curtain wall market report are Arconic Corporation, Josef Gartner GmbH, Umicore Building Products USA Inc., Schüco International, Vitro S.A.B. de C.V., Oldcastle BuildingEnvelope, Kawneer Company Inc., Permasteelisa North America Corp., Sapa Building Systems Ltd., Alumil S.A., Reynaers Aluminium Ltd., GUTMANN AG, Harmon Inc., HUECK System GmbH & Co. KG, YKK AP America Inc., EFCO Corporation, Curtain Wall Design & Consulting Inc., Alumicor Limited, Linetec Services LLC, HansenGroup Limited, National Enclosure Company LLC, Goldray Industries Ltd., CMI Architectural Products, Inc., Kalwall Corporation, Wausau Window and Wall Systems, Laws Stained Glass Studios Inc., Aluplex India Pvt. Ltd., Technal SAS, Tubelite Inc., Mapier Group Ltd., Aldora Aluminum and Glass Products Inc., PRL Glass Systems Inc., Lixil Corporation, AGC Inc.
Innovating Skylines Mitrex's Solar Brick A Breakthrough In Aluminum Curtain Wall Technology
Product innovations are a key trend gaining popularity in the aluminum curtain wall market. 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. This brick-like surface with integrated solar panels has a similar appearance to a brick wall, 330W solar panels, which are built similarly to Mitrex's other building-integrated photovoltaic (BIPV) panels, can be used to create Mitrex solar brick façades. The panels are made of layers of solid aluminum sheets backed by an aluminum honeycomb, which makes them strong and lightweight. In Toronto's Etobicoke neighborhood, Mitrex solar façades are being tested on various structures.
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Key Segments -
The aluminum curtain wall market covered in this report is segmented -
1) By Type: Stick-Built, Semi-Unitized, Unitized
2) By Material: Fiberglass And Glass Wool, Mineral Wool, Plastic Foam
3) By Construction Type: Refurbishment, New Construction
4) By Application: Commercial, Residential
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
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