Aluminum Curtain Wall Market to exceed USD 20 billion by 2023
The global aluminum curtain wall market is expected to exhibit a solid 9% CAGR over the
forecast period from 2018 to 2023, according to the latest research report from Market
Research Future (MRFR). The global aluminum curtain wall market is expected to reach a
valuation of USD 20 billion by the end of the forecast period in 2023, according to the report.
A curtain wall is a non-weight-bearing part of construction projects. It shields the building
from environmental agents such as heat and moisture and may also provide aesthetic
benefits. Since a curtain wall is non-weight-bearing, it can be made from lightweight materials
such as aluminum. Aluminum has become a popular material for use in curtain walls due to
its easy acquisition and movement. It can also be easily inlaid with glass, which is another
popular material for curtain walls. Aluminum curtain walls inlaid with glass can provide
protection against atmospheric agents while providing the building with a higher aesthetic
appeal. This has become a major driver for the global aluminum curtain wall market. The
growing construction industry in developing regions such as Asia Pacific is likely to be a major
driver for the global aluminum curtain wall market over the forecast period.
Segmentation:
By type, the global aluminum curtain wall market is segmented into stick-built, semi-unitized,
and unitized. The unitized segment accounts for the largest market share as of 2017. There
are several reasons for the dominance of the unitized segment in the global aluminum curtain
wall market. The better quality control achieved by the use of unitized aluminum curtain wall
is a major driver for the segment. Less installation time and low labor costs are also highly
beneficial features of unitized aluminum curtain wall, which have driven the demand for
unitized aluminum curtain walls. Unitized aluminum curtain walls are also highly reliable and
present efficient infiltration characteri