What is Building Curtain Wall Market?
The building curtain wall are the outer covering of the building where its outer walls are non-structural in shapes. Gradually its made of light weight material that can reduced the construction costs. The building curtain wall are mostly applicable in residential building, public building and commercial building purposes. The building curtain wall major application observed in house-hold usability because it reduces the time consuming activities and produced real time output. The building curtain wall market is rapidly increasing in global regions due to water elimination and air filtration in developed countries.
The market study is being classified by Type (Glass Type, Stone Type, Metal Type and Others), by Application (Commercial Building, Public Building and Residential Building) and major geographies with country level break-up. According to AMA, the Global Building Curtain Wall market is expected to see growth rate of 10.3% and may see market size of USD78612.1 Million by 2026.
Apogee Enterprises (United States), Capitol Aluminum & Glass Corp. (United States), CMI Architectural Products (United States), Far East Global Group (Hong Kong), Kawneer Company (United States), Manko Window Systems (United States), Oldcastle BuildingEnvelope (United States), Permasteelisa (Italy) and Schüco (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Toro Glasswall (United States), Vistawall International (United States) and YKK AP (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Building Curtain Wall market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Building Curtain Wall market by Type, Application and Region. On the basis of Type, Product Type are dominating the market in the year 2020 where as Glass Type stood as second largest market share.
On the basis of geography, the market of Building Curtain Wall has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increase Demand of Building Curtains Walls in Commercial and Industrial Activities.
- Rise in Technology Advancements Leads to Demand of Building Curtains Wall.
Market Trend
- Increase demand due to new product development and product differentiation in building curtain walls market.
- Upsurge demand due wide range of product portfolio and affordable price of the equipments.
Restraints
- High Capital Investments Required in Building Curtains Wall.
- Government Intervention Due to Carbon Emission from Building Curtains Walls.
Opportunities
- Focus on Technology Based Green Buildings.
- Rise in Demand of Infrastructural Projects in Developing Countries.
Challenges
- The Complex Structure of Cabinet Hardware Leads to Hamper the Market.
Market Leaders and some development strategies
In May 2017,Apogee Enterprises, Inc. completely acquired EFCO Corporation with an amount of USD EFCO Corporation. This acquisition is beneficial in providing value-added glass and metal solutions for the architectural and picture framing industries.
In November 26, 2018, Comar launched a 6EFT Curtain Wall system, which is beneficial in providing high level of hermal insulation of the curtain walling. It also offers thermal expansion and contraction, building movement, water management and thermal efficiency with cost effective cooling and lighting of a building.
Key Target Audience
Building Curtain Wall Manufacturers, Building Curtain Wall Traders, End-Use Market Participants of Different Segments of Building Curtain Wall, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others