Aluminum Curtain Wall Market: Future Trend & Growth Opportunities By 2026

By Ronak Bora

The size of aluminum curtain wall market was registered at USD 38.51 billion in the year 2019 and is anticipated to cross USD 57.16 billion by 2026. Between the period 2020-2026, the market is expected to register a CAGR of 8.7%
The growing adoption of curtain walls across commercial buildings is projected to be the prime factor augmenting the aluminum curtain wall market share over the coming years. In addition, the rapidly rising application scope of the product within the residential sector should further foster the market size. Growing demand for the product in these sectors is being ascribed to its lightweight, cost-effective, and energy efficient properties.
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Additionally, an upsurge in the commercial constructions across the globe should further stimulate the adoption of aluminum curtain walls through the forecast timeframe. In fact, despite the lockdowns across the world due to the COVID-19 pandemic, global construction activities are projected to grow tremendously. According to the World Economic Forum, population of the globe’s urban regions is growing by over 200,000 individuals per day, which is creating a need for more affordable housing and social, utility and transportation infrastructure.
Rapid urbanization and industrialization is leading to the growth of commercial construction across emerging economies, which would majorly fuel the overall market outlook from the commercial application segment. In fact, the segment is projected to hold approximately 90% of the overall aluminum curtain wall market share by the end of the analysis period. On the other hand, increasing awareness among people about energy efficiency across residential buildings would also positively impel adoption of curtain walls in residential applications over the coming years.
The aluminum curtain wall market from the commercial segment is set to hold nearly 90% of the overall market share by 2026. This growth is attributed mainly to the growing prevalence of commercial construction in developing countries, propelled by industrialization and urbanization. Furthermore, as countries across the globe become increasingly aware of the importance of energy efficiency in residential buildings, the adoption of curtainwall technology is anticipated to gain traction over the coming years.
Meanwhile, the increasing prevalence of green buildings across the world and an increase in the number of respondents to this initiative should majorly proliferate the aluminum curtain walls demand. In fact, according to the World Green Building Council’s survey conducted across 20 countries, the number of customers wanting their construction projects to be green is projected to rise to 47% in 2021, the number was approximately 27% in 2018. Moreover, an upsurge in the green building initiative should increase the demand for the product. Aluminum is a highly sustainable and environmentally friendly resource which increases their applications.
The North America aluminum curtain wall market is expected to witness tremendous rate of expansion led by the U.S. In fact, the regional market is projected to hold about 22% industry share of the overall market by the end of 2026. An upsurge in the commercial constructions across the U.S. as well as renovation of old structures is likely to be the prime factor augmenting the market growth. In addition, the consistently growing demand for curtain walls to avoid water and air penetration, protection against wind load and dead load, and natural light filtration should majorly fuel the regional market trends over the coming years.
The competitive landscape of the aluminum curtain wall market is inclusive of players such as Capitol Aluminum & Glass Corporation, Arcat, Extech Exterior Technologies, Arcadica, ALUMIL, Kawneer, Hansen, EFCO corporation, Sapa Building Systems Ltd., Reynaers, YKK AP America, Petra Aluminum, and C.R. Laurence Co. among others.
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Some Point from Table of Contents:
Chapter 5.   Aluminum Curtain Wall Market, By Construction Type
5.1.  Global aluminum curtain wall industry share by construction type, 2019 & 2026
5.2.  Refurbishment
5.2.1. Market estimates and forecast, 2016 - 2026
5.2.2. Market estimates and forecast, by region, 2016 - 2026
5.3.  New construction
5.3.1. Market estimates and forecast, 2016 - 2026
5.3.2. Market estimates and forecast, by region, 2016 - 2026
Chapter 6.   Aluminum Curtain Wall Market, By Application
6.1.  Global aluminum curtain wall market share by application, 2019 & 2026
6.2.  Commercial
6.2.1. Market estimates and forecast, 2016 - 2026
6.2.2. Market estimates and forecast, by region, 2016 – 2026
6.3.  Residential
6.3.1. Market estimates and forecast, 2016 - 2026
6.3.2. Market estimates and forecast, by region, 2016 – 2026
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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