Curtain Walls Market Subjected to Expand to Showcase Rampant Growth by 2025
The Global Curtain Walls
Market is projected
to grow with a significant growth rate during the forecast period due to the
growing construction industry. Rapid urbanization, increasing population, and
changing lifestyles have further fueled the demand for curtain walls in the
global market. The developing nations are formulating various reforms and
regulations for boosting the infrastructure and real estate industries.
Curtain wall
systems are thin and lightweight and offer various benefits such as water and
wind resistance along with appealing architectural design, day-lighting, and
thermal efficiency. These benefits are further likely to boost the demand for
curtain walls in the global market.
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Asia-Pacific
is expected to witness the fastest growth in the global curtain walls market
during the forecast period: MRFR
Based on
region, the global curtain walls market is segmented as North America,
Asia-Pacific, Europe, the Middle East & Africa, and South America.
Asia-Pacific is expecetd to hold the largest market share due to an increase in
global foreign direct investment (FDI) inflow and the availability of low-cost
labor and land.
The Global
Curtain Walls Market size was valued at USD 45 billion in 2018 and is expected
to witness 9.2% CAGR during the forecast period.
The new
construction segment is expected to occupy the largest market share of the
global curtain walls market: MRFR
The global
market is divided, based on construction type, into new construction and
refurbishment. The new construction segment likely to dominate the global
curtain walls market owing to its preferred modern architecture.
The unitized
segment is likely to hold the largest market share of the global curtain
walls market: MRFR
Based on
system, the global curtain walls market is segmented into unitized,
stick-built, and semi-unitized. The unitized segment is considered to be the
fastest growing sector and is projected to capture majority of market share in
global curtain walls market due to its high demand in the commercial buildings,
The components of unitized curtain wall systems are pre-assembled and installed
in the factories and are then brought to the construction sites. This results
in improved quality control, less manpower, and faster intallation. They also
provide better noise control and are suitable for high towers or building
sites, which further drives the demand for curtain walls in the global market.
The commercial
sector is likely to hold the largest market share of the global curtain
walls market: MRFR
Based on end
use, the global curtain walls market is divided into residential and
commercial. The commercial sector is further categorized as hospitality,
healthcare, shopping malls & centers, educational centers, office spaces,
and others. The commercial segment is considered to be the fastest-growing
segment and is projected to capture majority of market share in global curtain
walls market. This can be attributed to the high investment inflow in
the construction industry, mainly for the construction of offices, malls,
and other infrastructure.
Scope of
the Report
This study
provides an overview of the global curtain walls market, tracking three market
segments across five geographic regions. The report studies key players,
providing a six-year annual trend analysis that highlights market size, volume,
and share for North America, Europe, Asia-Pacific, the Middle East &
Africa, and South America. The report also provides a forecast, focusing on the
market opportunities for the next five years for each region. The scope of the
study segments the global curtain walls market by material, end use, and
region.
- By Construction Type
- New Construction
- Refurbishment
- By System
- Unitized
- Stick-Built
- Semi-Unitized
Key Players
The prominent
players in the global curtain walls market include GUARDIAN GLASS LLC
(US), AVIC SANXIN CO.,LTD (China), Alumil (Greece), Aluplex (India),
heroal (Germany), EFCO CORPORATION (US), HansenGroup (Denmark), GUTMANN
AG (UAE), HUECK System GmbH & Co. (Germany), Kalwall (US),
Kawneer (US), Ponzio (Italy), and Reynaers (Belgium).
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