July 2022
The global aluminum curtain wall industry was worth USD 32.1 billion in 2022, and it is expected to attain USD 83.56 billion by 2032, increasing at a CAGR of 10.04% from 2023 to 2032.
A key factor fueling the expansion of the global aluminum curtain wall industry is the growing need to enhance the exterior appearance of business structures in order to preserve their aesthetic appeal.
Market Growth:
One of the components of facade technology in high-rise buildings is the curtain wall system. The external skin of the structure is created by the curtain walls, window walls, and cladding components that make up the facades. The structural significance of the curtain wall structures has grown to match that of the building's other structural elements. It must be correctly designed, installed, and kept with usefulness and sustainability in mind because it is more exposed to the outside air.
Determining design weights and performance standards is the first step in the design process. It is crucial that this material includes specifics about the insulation, bracket design, and profile sections. Information may be included in a technical specification paper or presented during the tendering process, but it must also be double-checked for any overdesign or flaws. Since every feature is connected to every other feature, it is best to take all of the specs for each component into account. For instance, thermal and acoustic performance refers to the glass configuration that is also linked to structural calculations based on glass measurements.
The main job of aluminum curtain walls is to retain air and precipitation out of the building structure while extending the life of the structure. The industry for aluminum curtain walls is expanding due to the increasing tendency to update a building's exterior appearance.
Regional Snapshot:
The industry for aluminum curtain walls was led by Asia Pacific, and this region is anticipated to expand during the projection period. The industry's expansion in the Asia Pacific region has been aided by aluminum's widespread access in the region's various nations. India beat Russia in aluminum output in 2021. The largest industry growth drivers for aluminum curtain walls are China and India.
North America, which is one of the biggest industrys for metal curtain walls, is anticipated to expand during the anticipated time period. The development of the aluminum curtain wall industry in North America is anticipated to be fueled by the private sector's increasing allocation of budget building projects in Canada.
Aluminum Curtain Wall Industry Report Scope:
Report Coverage | Details |
Market Size in 2022 | USD 32.1 Billion |
Projected Forecast Value in 2032 | USD 83.56 Billion |
Growth Rate from 2023 to 2032 | CAGR of 10.04% |
Largest Market | Asia Pacific |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Market Dynamics:
Drivers:
Technological advancement and maintenance issues of the building rising demand in the industry
The design of building exteriors was altered by technological advancements, high-rise building upkeep issues, rising thermal insulation demands, and modern architectural methods. As an option to window solutions, aluminum curtain wall systems have come into our lives. Aluminum curtain walls essentially comprise glass attached to thin extruded aluminum profiles that are bearded by the building framework, as well as auxiliary materials like silicone, mineral wool, hollow barriers, EPDM seals, membranes, brackets, and silicone.
Architecturally speaking, metal frames, natural stone, and composite materials may also be used in lieu of glass on curtain walls. In order to accommodate customer tastes and give the building a great architectural identity, these structures require custom curtain walls. The development of the global aluminum curtain wall industry is fueled by the emphasis of numerous large-scale manufacturing firms on producing specialized curtain walls to satisfy customer demands.
Restraints:
Lacking competent experts
Aluminum curtain wall installation is a difficult and time-consuming process that involves closing, fastening, and other finishing steps. But for appropriate planning, material selection, and expert curtain wall system installation, specialized knowledge in the area is needed. Due to the quick invention in the fastening process, skilled experts are required for the implementation. Aluminum curtain wall installation is either refused or delayed due to a lack of trained experts, or an uncertain product outcome is offered. Therefore, the dearth of qualified workers in the industry hinders the industry's expansion.
Opportunities:
Expanding commercialization
The expansion of the industry is fueled by the expanding construction sector and the growing need to safeguard buildings' external walls. Commercial buildings like offices, industries, and organizations are being built at a growing rate, which supports industry expansion. The industry's expansion is further aided by the rising demand for moisture control in structures and energy-efficient building solutions, as well as by industry participants' introduction of cutting-edge aluminum curtain wall products at reasonable costs. Government mandates for energy efficiency, lower operating expenses, and a tendency toward green structures all contribute to the increased use of aluminum curtain walls.
Type Insights:
A unitized curtain wall device does not require the assembly of individual components. The wall is constructed from interlocking components that are made and glazed in the factory. Because of this, unitized systems are preferable to stick-built systems in terms of assembly speed and quality. Installing a stick-built curtain wall would take three times as long as installing a unitized curtain wall. In a stick-built method, each component is installed one at a time, requiring extreme accuracy and quality control. The unitized curtain wall is therefore preferred for towering building construction over conventional or stick-built techniques.
Application Insights:
In 2022, commercial structures led the industry for aluminum curtain walls, and this pattern is anticipated to last throughout the forecast period. Commercial structures produce a lot of carbon dioxide emissions. Government regulations that are very strict demand that overall greenhouse gas pollution be kept under control. ACW is a superb method for lowering carbon pollution because it lowers the excessive stresses placed on air conditioning systems. ACW also offers security and gives the entire infrastructure a spick-and-span, polished look. As a consequence, business buildings' need for aluminum curtain walls grew.
Recent Development:
Major Key Players:
Market Segmentation:
By Type
By Application
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