Press release
Aluminium Curtain Walls Market to Surge at 10% CAGR, Valued at US$82 Billion by 2032
The aluminum curtain walls market is anticipated to grow at a compound annual growth rate (CAGR) of 10% during the forecast period, surpassing a valuation of US$82 billion by 2032. Aluminum curtain walls are becoming more popular and are being utilized extensively in the construction of modern infrastructure in many different nations since they are the strongest and most environmentally friendly material.Sales of aluminum curtain walls historically reached US$ 30 billion in 2020 between 2015 and 2021. The market for aluminum curtain walls is expected to expand by 2.3 times during the projected period due to the growing adoption of energy-efficient infrastructure and the urgent need to lower carbon emissions.
Around the world, from industrialized to emerging economies, aluminum curtain walls are widely utilized in residential and business settings. Developing nation governments are putting a lot of effort into long-term infrastructure solutions that lower operating expenses and carbon emissions.
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Key Takeaways from the Market Study
The market for aluminum curtain walls is predominantly driven by commercial applications, which contribute 73% of the total revenue. Among these, unitized aluminum curtain walls are projected to dominate, comprising two-thirds of the market demand. Stick-built curtain walls, while accounting for approximately 25% of revenue, remain significant in certain construction projects. The residential segment is poised for substantial growth, expected to expand at a rate 2.7 times its current size by 2032. Geographically, East Asia leads in global sales, commanding over a quarter of the market value, with strong contributions from countries like China and Japan.
Looking ahead, the United States is forecasted to capture a significant portion of aluminum curtain wall sales, constituting 30% of the market, driven by a robust compound annual growth rate (CAGR) of 8%. India and China are identified as key growth areas for major manufacturers, presenting lucrative expansion opportunities. Specifically, semi-unitized aluminum curtain walls are anticipated to exhibit a remarkable CAGR exceeding 10% through 2032, reflecting the industry's shift towards more efficient and adaptable building envelope solutions. These trends underscore a dynamic market landscape characterized by evolving construction practices and increasing demand for aesthetically pleasing, energy-efficient building facades worldwide.
List of Key Companies Profiled in The Report
Alumil Aluminum Industry S.A
Aluplex
Alutech
EFCO Corporation
Enclos Corporation
GUTMANN AG
HansenGroup Ltd.
Heroal
HUECK System GmbH & Co. KG
Josef Gartner GmbH (Permasteelisa Group)
Kalwall Corporation
Others
Country-wise Analysis
Technological breakthroughs are enabling a massive reconstruction of the public and commercial sectors. In the area, there is a growing favorable outlook for aluminum curtain walls due to various policies and environmental consciousness. India is becoming more urbanized.
In addition, the government in the area is placing a strong emphasis on encouraging sustainable solutions for the business and residential sectors. The dynamic infrastructure of commercial buildings, schools, and smart cities is driving up sales of aluminum curtain walls. As a result, the region generates over 40% of market revenue overall. A startling CAGR of around 11% is anticipated for the 2022-2032 assessment period, based on Fact.MR projections.
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Competitive Landscape
In the competitive aluminum curtain wall market, customer demand is increasingly focused on durable solutions that offer longer product renovation cycles, driving innovation among industry players. For instance, in May 2021, Alumil Aluminum Industry S.A. contributed to sustainable building initiatives in Vancouver by implementing SMARTIA M78, aimed at enhancing environmental sustainability and promoting greener urban landscapes. This strategic move underscores a broader industry trend towards eco-friendly solutions and highlights the competitive edge gained through innovation in meeting evolving market demands.
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About Fact.MR:
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
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