According to research study by FortuneBusiness Insights™ The global aluminumcurtain wall market size is expected to reach USD 62.22 billion by2027, exhibiting a CAGR of 8.0% during the forecast period. The increasing
awareness regarding the advantages of ACW in buildings such as temperature
control, sound insulation, and impact resistance will accelerate the Aluminum
Curtain Wall growth during the forecast period. The modernizing of existing
buildings will spur demand for aluminum curtains owing to its eco-friendly
nature and flexible design, which, in turn, will augur well for the market,
states Fortune Business Insights in a report, titled “Aluminum Curtain WallMarket Size, Share & Industry Analysis, By Product Type (Stick-built,
Unitized, and Others), By Application (Commercial Buildings and Residential
Buildings) and Regional Forecast, 2019-2027” the market size stood atUSD 33.76 billion in 2019. The inclination towards aluminum due to its
recyclable functionality will enable speedy expansion of the market. For
instance, in the U.K. over 99% of aluminum frames are recovered from
construction waste, which helps in waste reduction and thus, supports the
environment.
Market Driver:
Rising Investment in Aluminum Extrusion by Key Players to BoostSales Opportunities
Aluminum extrusion is utilized in themanufacturing of curtain walling systems. The rising investment by eminent
companies to expand their existing Aluminum extrusion capacities will
positively impact the market in the forthcoming years. For instance, in June
2018, HAI Extrusion Germany GmbH, a global leader
in extruded sections including aluminum, machining, and surface
treatment announced that it has strategically invested around US$ 15 million to
establish 3300-ton Aluminum extrusion press in Germany. The investment will
help the company to better serve the consumers in construction as well as
industrial sectors with high-quality Aluminum profiles.
