Aluminum Curtain Wall Market Size is anticipated to reach USD 96 billion by 2030, according to a new research report by Global Market Insights Inc.
There has been a shift in preference toward green buildings that use designs & materials that safeguard occupant health and reduce pollution, waste materials & environmental degradation. Due to the eco-friendly properties of aluminum, there is a shift toward the usage of aluminum in the construction industry, thus driving the aluminum curtain wall market. Aluminum can be recycled and has non-toxic properties.
According to the U.S. Environmental Protection Agency (EPA), buildings account for 12% of the total water usage, 38% of the carbon emissions, 39% of complete energy use, and 68% of the total electricity consumption. Green buildings have various environmental benefits such as reducing the negative impacts on the environment by using less energy, water & natural resources and lowering the operational costs.
They also offer several economic benefits, which include low construction costs, cost savings on utility bills, job creation, and high property value for developers. All these factors will be responsible for the rising demand.
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One of the major disadvantages of curtain walls is that they require regular maintenance. To keep away moisture and wind, a sealant needs to be applied on the perimeter. This sealant must get replaced once every 10 years. Some additional costs are incurred in building and maintaining the curtain wall as it requires additional glass & steel for completion. These materials are vulnerable to weather elements such as mineral deposits, rusting, and stains. Hence, they require maintenance regularly to keep their aesthetic value intact.
Browse key industry insights spread across 230 pages with 362 market data tables & 29 figures & charts from the report, “Aluminum Curtain Wall Market Size By System Type (Stick-built System, Unitized, Semi-unitized), By Construction Type (Refurbishment, New Construction), By Application (Commercial, Residential), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2030”, in detail along with the table of contents:
The unitized segment is set to cross USD 60 billion in aluminum curtain wall industry by 2030. In the unitized system, a curtain wall comprises large units, which are pre-assembled in the factory and shipped to the site, post which it gets erected on the building. An aluminum profile is used in frame formation, which is usually one-story high.
Residential segment to account for a considerable market share
The aluminum curtain wall market from residential segment will grow at a CAGR of over 8.5% through 2030. Aluminum curtain wall systems envelop buildings in non-structural aluminum facades, transforming the loads & resistance to the main structure of the residential buildings. The glazing system makes use of thermally broken & heavy-duty glass panels for optimal heat efficiency.
Key players in the market include YKK AP America, C.R Laurence Co., Inc., Petra Aluminum, Reynaers Aluminium, Technal UK, EFCO Corporation, Hansen Group, Kawneer, Inc., ALUMIL, Arcadia, Inc., Extech Exterior Technologies, Inc., Arcat, and Capitol Aluminum & Glass Corporation. In December 2020, Kawneer, Inc. launched new product offering ultra-thermal performance with framing flexibility.