Global Aluminum Curtain Wall Market - Overview
Market Research Future (MRFR) projects the global aluminum curtain wall market to reach USD 20 billion at a CAGR of around 9% from 2021 to 2028 (forecast period).
An aluminum curtain wall is a modular frame assembly arranged side-by-side and top-to-bottom interlocked relation. It has better four corners joint construction, which provides more than sufficient weather tightness. Alignment is given for structurally connecting lower headrails in axially aligned relation. Aluminum Curtain Wall Market contains filler strip and lap strip that cooperate with the alignment to seal a gap and space presented between adjacent interlocked head and sill rails, thereby providing weathertight four corner joint. Curtain walls are made up of panels made of various materials like glass and metal. Metal curtain walls with aluminum panels are called aluminum curtain walls.
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Global Aluminum Curtain Wall Market – Prominent Players
ALUMIL of Greece,Kalwall Corporation of the United States,Enclos Corporation of the United States,HUECK GmbH and Co. KG of Germany,Gutmann AG of Germany,Heroal of Germany,Hansen Group Ltd of the United Kingdom,EFCO Corporation of the United Kingdom,Aluplex of India,Slutecg Systems Ltd of the United Kingdom,Josef Gartner GmbH of Germany and many more are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Aluminum Curtain Wall Market.
Top Boosters and Main Barriers
As per MRFR’s impact analysis on COVID-19, the pandemic has managed to cripple almost every industry. Although construction activities are continuing despite the short-term impact, site work can slow down due shortage of subcontractors and materials, termination of contracts to control expenses and supply chains disruption. Till the time a COVID-19 breakthrough is not achieved, companies are clamoring to adopt the best response to the crisis in the form of mergers and acquisitions. Potential long-term impact of COVID-19 can be the economic loss, weakening the government's capacity to invest in infrastructure and various construction activities. Moreover, the lockdowns imposed in the wake of the outbreak has pegged back the demand for construction-based markets such as aluminum curtain walls.
Having said that, experts believe that the aluminum curtain wall market can note robust growth in the coming few years, on account of the mounting need to secure the outside walls of business infrastructures such as workplaces and industrial facilities. These types of curtain walls find major applications in commercial and residential buildings as they help prevent water and air infiltration, support weight of the dead load forces, and bear extreme wind loads. The rampant demand for lightweight curtain walls and the rising preference for low-cost metals with excellent sustainability also boost the business prospects.
The combined efforts by various government bodies to develop green buildings can also escalate the demand for aluminum curtain walls. Government incentives along with the increasing promotion and awareness with regard to green brands can mean excellent business for the green buildings industry. The favorably expansion of the green building industry can be one of the top trends in the aluminum curtain wall market. Curtain wall systems are also touted to be highly attractive commodities in construction activities based on the advantages they offer, such as low Greenhouse Gas emissions and high-energy efficiency, to mention a few.
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Aluminum Curtain Wall Market - Segments:
The global Aluminum Curtain Wall Market size has been considered for type and application.
The types of aluminum curtain wall are semi-unitized, unitized and stick-built, while the application-based segments covered in the market review are residential as well as non-residential.
The unitized type of aluminum curtain walls was the top segment in 2017, in view of their efficient infiltration, less installation time and better-quality control properties. Better energy efficiency, high reliability and low labor cost are some more features that pertain to unitized types and are responsible for boosting their demand in the market.
The commercial application leads the market, as confirmed in 2017. The commercial application of aluminum curtain walls is increasing owing to the fast expansion rate of multi-national companies as well as manufacturing units across the world. Increasing spending on infrastructure developments by leading corporates also increases the uptake of aluminum curtain walls within the commercial segment.
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Global Aluminum Curtain Wall Market -Regional Analysis
The global aluminum curtain wall market has been segmented into regions of North America, Europe, Asia-pacific, and Rest of the world (RoW).
North America together with Europe occupied the most significant portion of the global market in 2017, and can maintain the winning streak throughout the given period. The sizeable amounts generally invested in research and development (RD) to develop better quality products as well as materials in the U.S and the U.K among other countries is one of the major growth boosters in the market. Extensive demand among end-users for sustainable curtain walls that brings down the pollution level and enhance moisture resistance in extreme precipitation locations also induces market growth in these regions.
After the above mentioned regions, the APAC market is a strong contender on a global scale. The market growth within the region is largely promoted by the fast urbanization rate and the escalating disposable income of the masses in India, Japan, Thailand and China. A large number of countries in the region are now more focused on the construction of eco-friendly business structures, which is touted to be a lucrative opportunity for the market players in the following period.
Industry/ Innovation/ Related News:
November 09, 2018 – Sarens (Belgium), a multinational company involved in heavy lift, engineered transport, and Aluminum Curtain Wall rental services officially launched its new Aluminum Curtain Wall the SGC-250 which apparently happens to be the world's largest Aluminum Curtain Wall. This giant Aluminum Curtain Wall will be used to perform all the major lifts at the Hinkley Point C nuclear power plant, the UK. Inspired by the "increasing trend" towards modularisation the SGC-250 is designed to cater the clientele that prefer to pre-assemble large portions, or modules, in a controlled environment and then transport and lift them into their final position.
November 09, 2018 – NuScale Power (US), a private limited liability company that designs and markets small modular reactors selects PaR Systems, Inc (US), a system engineering firm to begin engineering work for the reactor building Aluminum Curtain Wall (RBC) after an intensive selection process involving several major US Aluminum Curtain Wall suppliers. The RBC is a key component of the reactor building that houses NuScale Power Modules. PaR Systems will carry out design, engineering and subsequent precision movement testing for NuScale's RBC.
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