The aluminum curtain wall market size has demonstrated significant growth, escalating from $40.63 billion in 2023 to $44.51 billion in 2024 at a CAGR of 9.5%. This growth in the historic period is linked to urbanization, a growing preference for modern and aesthetically pleasing designs, energy efficiency regulations, and the rise in industrial and commercial construction projects, including investments in large-scale infrastructure projects. Looking forward, the market is projected to continue its upward trajectory, reaching $62.36 billion in 2028 with a CAGR of 8.8%. Anticipated growth factors include increased adoption of smart building technologies, resilient building design, renewable energy integration, global connectivity, and digitalization. Major trends in the forecast period encompass biophilic design, 3D printing technology, flexible workspace designs, zero net energy buildings, and prefabrication and modular construction.
Major Driver In The Aluminum Curtain Wall Market
The aluminum curtain wall market is expected to experience significant growth due to increased construction activities. Aluminum curtain walls, utilized in commercial and high-rise structures, enhance thermal and solar management in challenging climates. The Global Construction 2030 report by Oxford Economics forecasts an 85% growth in construction output by 2030, reflecting the increasing residential construction activity that drives the aluminum curtain wall market. The market size for 2023, 2024, and the projected figure for 2028 indicate steady growth in response to escalating construction demands.
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Aluminum Curtain Wall Market Competitive Landscape
Arconic Corporation, Josef Gartner GmbH, Umicore Building Products USA Inc., Schüco International, Vitro S.A.B. de C.V., Oldcastle BuildingEnvelope, Kawneer Company Inc., Permasteelisa North America Corp., Sapa Building Systems Ltd., Alumil S.A., Reynaers Aluminium Ltd., GUTMANN AG, Harmon Inc., HUECK System GmbH & Co. KG, YKK AP America Inc., EFCO Corporation, Curtain Wall Design & Consulting Inc., Alumicor Limited, Linetec Services LLC, HansenGroup Limited, National Enclosure Company LLC, Goldray Industries Ltd., CMI Architectural Products, Inc., Kalwall Corporation, Wausau Window and Wall Systems, Laws Stained Glass Studios Inc., Aluplex India Pvt. Ltd., Technal SAS, Tubelite Inc., Mapier Group Ltd., Aldora Aluminum and Glass Products Inc., PRL Glass Systems Inc., Lixil Corporation, AGC Inc.
Key Aluminum Curtain Wall Market Trend
Product innovations are a key trend gaining popularity in the aluminum curtain wall market. Major companies operating in the construction sector are focused on developing new solutions for aluminum walls to strengthen their position in the market. Renewable energy systems can be mounted against and incorporated into building façades to ensure the harmonic integration of photovoltaics. Due to the benefits of solar façades, businesses are concentrating on creating innovative and sophisticated solar façades. For example, in March 2022, Mitrex, a Canada-based solar technology manufacturer, launched the solar brick. This brick-like surface with integrated solar panels has a similar appearance to a brick wall. 330W solar panels, which are built similarly to Mitrex's other building-integrated photovoltaic (BIPV) panels, can be used to create Mitrex solar brick façades. The panels are made of layers of solid aluminum sheets backed by an aluminum honeycomb, making them strong and lightweight. In Toronto's Etobicoke neighborhood, Mitrex solar façades are being tested on various structures.
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Aluminum Curtain Wall Market Segmentation
The aluminum curtain wall market covered in this report is segmented –
1) By Type: Stick-Built, Semi-Unitized, Unitized
2) By Material: Fiberglass And Glass Wool, Mineral Wool, Plastic Foam
3) By Construction Type: Refurbishment, New Construction
4) By Application: Commercial, Residential
By Geography:The regions covered in the aluminum curtain wall market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia Pacific was the largest region in the aluminum curtain wall market in 2023.
The Aluminum Curtain Wall Global Market Report 2024 furnishes information about the global aluminum curtain wall market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
