Aluminium Curtain Wall Market Overview
“The Aluminium Curtain Wall Market Predictable at $30.85 billion in 2022, is estimated to increase at a CAGR of 9.78% from $37.15 billion in 2023 to $78.56 billion by 2030.”
Aluminum curtain walls are lightweight panels that cover a building structure from the outside, combining windows and frames to form a single facade, thereby improving energy efficiency.
Aluminum curtain walls are designed to provide structural integrity, thermal insulation, condensation protection, weather tightness, and fire safety. Recent innovations in the market focus on bomb blast resistance, sound transmission, and hurricane debris protection, with acoustic insulation becoming a new function.
Acoustic insulation is crucial in city-center commercial buildings to minimize sound penetration, while aluminum curtain walls provide a modern aesthetic and offer design freedom, allowing for customization to suit specific needs.
The global aluminum curtain wall market is advancing due to the increasing trend of improving the exterior appearance of buildings, which uses chemical, adhesive, or mechanical bonding to install aluminum panels on the building's exterior, effectively preventing water and air from entering the structure.
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Key Takeaways
Asia Pacific dominated the market and is expected to increase at an 11.50% CAGR between 2023 and 2030.
North America is expected to increase at a 6.7% CAGR from 2023 to 2030.
In 2022, the unitized sector accounted for more than 61% of the overall market share.
The stick-built segment is rising at an astounding CAGR.
Commercial applications dominate the market and are expected to develop at a significant CAGR.
Residential applications are predicted to account for a sizable market share between 2023 and 2030.
Growth Factors
The global aluminum curtain wall market's growth is driven by the demand for commercial buildings to maintain aesthetic appeal, the functional and visual benefits of these systems, and the increasing industrialization in developing countries, which are also significant factors in the market development.
Aluminum, a sustainable material, is gaining popularity for curtain walls due to its ability to manage building temperature and its potential to address climate change concerns, leading to increased demand for improved solar screen-based aluminum curtain walls.
Aluminum curtain walls protect buildings from harsh weather conditions, and the development of recyclable frames is driving the global aluminum curtain wall market forward, offering profitable opportunities for market participants.
The global aluminum curtain wall market faces challenges such as a shortage of professionals, low standard certification of raw materials, design complexity, high installation and maintenance costs, and potential for inadequate adhesion, hindering its growth and expansion.
Market Dynamics
Growth Drivers
Customized aluminum curtain walls are becoming more popular.
The increasing demand for customized aluminum curtain walls due to the growing number of retrofitting older residential buildings in the UK, with at least eleven million homes being retrofittable, and the increasing focus on energy efficiency in home renovations.
Large-scale manufacturing organizations in the global aluminum curtain wall market are focusing on providing customized curtain walls to meet consumer preferences and add an exceptional architectural stamp to structures, driving market expansion.
Opportunity
Commercial building construction is increasing.
Rising industrialization in emerging countries like China necessitates the construction of commercial buildings to oversee industrial processes, with curtain walls being in high demand for commercial buildings, accounting for 28.7% of global industrialization output.
Emerging economies in emerging countries are expected to stimulate construction activity, increasing demand for aluminum curtain wall installation in commercial building construction. Market participants are likely to create sophisticated aluminum curtain wall frames to stay competitive.
Competitive Landscape of the Aluminium Curtain Wall Market
- Toro Group of Companies
- Alimicor Limited
- Sanwa Tajima Corporation
- Technal
- Alutech
- EFCO Corporation
- Hansen Group Limited
- HUECK Systems GmbH
Recent Developments in Aluminium Curtain Wall Market
In October 2022, a proposal intended to facelift the Chadwick House, an iconic royal building on Warrington’s Birchwood Park. The proposal aims to improve the appearance of the building along with its thermal performance. The proposed work for Chadwick House includes the replacement of existing curtain walls with a new double-glazed ppc aluminum curtain wall system.
In October 2022, Overhead Door launched a new EverServe aluminum model for glass doors. The new mode by Overhead Door provides maximum light infiltration and eliminates the need for counterbalance. This model is considered to be a premier solution for commercial buildings.
In June 2021, Washington-based Milgard Windows & Doors launched a new AX550 moving glass walls in custom sizes for both new construction and replacement purposes. The new AX550 features a modern aluminum frame with sightlines available in four colors. It also has a thermally broken aluminum design.
In March 2021, the European market leader in aluminum solutions, Reynaers Aluminum, announced the opening of three new showrooms in Iasi, Cluj-Napoca and Timisoara. With the introduction of three new showrooms, the company aims to achieve a new strategy in architectural development. The company has extended its product portfolio with the latest range of accessories along with its original curtain walls, doors and windows.
In December 2021, DMB Global Inc signed a definitive agreement to acquire a 60% controlling interest in Arcadia Inc, a leading supplier of architectural building products, including framing systems in the U.S. market. DMC planned to purchase a 60% interest in Arcadia for $285.2 million.
April 2018: ALUTECH started sale of new components & profiles for ALT W62 and ALT W72 system. These products were launched to enhance performance characteristics such as thermal & sound insulation, airtightness, and ease in installation of window frame in curtain wall system.
Regional Insights
The Asia Pacific region is leading the global aluminum curtain wall market, expected to grow at an 11.50% CAGR. The region's abundant aluminum supply, particularly in India, is contributing to its growth. By 2021, India is expected to surpass Russia in aluminum output. China and India are major contributors to this growth, while Japan's construction activity for new commercial and industrial buildings is also driving demand.
North America's aluminum curtain wall market is projected to grow at a CAGR of 6.7% over the forecast period, driven by increased private sector budget allocation in Canada and rising corporate centers in Boston and New York, contributing to its expansion.
Dubai's growing business center status and commercial building development near Gulf countries are driving modernization demand, accelerating the Middle East aluminum curtain wall market. Additionally, the preference for low-cost metals in construction is driving up demand for aluminum curtain wall installation in Latin America.
Segments Covered in the Aluminium Curtain Wall Market
Aluminium Curtain Wall Market By Type
- Stick Built
- Semi-unitized
- Unitized
Aluminium Curtain Wall Market By Application
Aluminium Curtain Wall Market By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East and Africa
Frequently Asked Questions
What is the aluminum curtain wall market size?
Aluminium Curtain Wall Market Predictable at $30.85 billion in 2022, is estimated to increase at a CAGR of 9.78% from $37.15 billion in 2023 to $78.56 billion by 2030
What will be the CAGR of global aluminum curtain wall market?
The global aluminum curtain wall market is poised to grow at a CAGR of 9.78% from 2023 to 2030.
Who are the prominent players operating in the aluminum curtain wall market?
The major players operating in the aluminum curtain wall market are EFCO Corporation, Hansen Group Limited, Toro Group of Companies, Alimicor Limited, Sanwa Tajima Corporation, Technal, Alutech, HUECK Systems GmbH and Others.
Which are the driving factors of the aluminum curtain wall market?
The driving factors of the aluminum curtain wall market are the increasing manufacturing of customized aluminum curtain walls, rising number of retrofitting of aged residential buildings.
- Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
- Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
- Executive Summary
3.1. Market Snapshot
- Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
- COVID 19 Impact on Aluminum Curtain Wall Market
5.1. COVID-19 Landscape: Aluminum Curtain Wall Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
- Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
- Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
- Global Aluminum Curtain Wall Market, By Type
8.1. Aluminum Curtain Wall Market, by Type, 2023-2030
8.1.1. Stick Built
8.1.1.1. Market Revenue and Forecast
8.1.2. Semi-unitized
8.1.2.1. Market Revenue and Forecast
8.1.3. Unitized
8.1.3.1. Market Revenue and Forecast
- Global Aluminum Curtain Wall Market, By Application
9.1. Aluminum Curtain Wall Market, by Application, 2023-2030
9.1.1. Commercial
9.1.1.1. Market Revenue and Forecast
9.1.2. Residential
9.1.2.1. Market Revenue and Forecast
- Global Aluminum Curtain Wall Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Type
10.1.2. Market Revenue and Forecast, by Application
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Type
10.1.4.2. Market Revenue and Forecast, by Application
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type
10.2.2. Market Revenue and Forecast, by Application
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Type
10.2.6.2. Market Revenue and Forecast, by Application
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type
10.3.2. Market Revenue and Forecast, by Application
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Type
10.3.6.2. Market Revenue and Forecast, by Application
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type
10.4.2. Market Revenue and Forecast, by Application
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Type
10.4.6.2. Market Revenue and Forecast, by Application
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type
10.5.2. Market Revenue and Forecast, by Application
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Type
10.5.4.2. Market Revenue and Forecast, by Application
- Company Profiles
11.1. EFCO Corporation
11.2. Hansen Group Limited
11.3. Toro Group of Companies
11.4. Alimicor Limited
11.5. Sanwa Tajima Corporation
11.6. Technal
11.7. Alutech
11.8. HUECK Systems GmbH
- Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
- Appendix
13.1. About Us
13.2. Glossary of Terms
