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Global Glass Curtain Wall Market Insight2022-05-24 Comments
The Glass Curtain Wall is forecast to smooth over the next few years. According to the WK-chem Research “Global Glass Curtain Wall Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the large commercial building industry，the Glass Curtain Wall industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 7.00%.
The glass curtain wall system is a symbol of modern architecture, dating back to the architectural era of the 1930s. The increasing adoption of aluminium as a lightweight and structurally strong alternative to iron has had a major impact on the development and adoption of glass façade systems as an integral part of building structures. The extensive use of unitized glass curtain walls has greatly increased the market growth rate of glass curtain wall systems.
During the forecast period, the glass curtain wall market will steadily increase. The growth of this market is attributed to the rising need for energy efficient facade systems and stringent environmental regulations. Furthermore, the upward trend in the construction industry is expected to contribute to the growth of the glass curtain wall market over the forecast period. Improvements in various technical aspects have had a profound impact on the widespread application of glass curtain wall systems worldwide. Additionally, various “green building” standards are being adopted and promoted by various government agencies and corporate offices around the world. This in turn is expected to drive demand for various green building materials including glass curtain walls.
This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Glass Curtain Wall companys that include Saint-Gobain (France), Asahi Glass (Japan), Central Glass (Japan), Guardian Industries (US), Nippon Sheet Glass (US), AVIC Sanxin Co., Ltd (China), Schott AG (Germany), China Glass Holdings Limited (Hong Kong), Vitro (Mexico), Xinyi Glass Holdings Limited (Hong Kong) .etc.
Segmentation of Glass Curtain Wall Market:
The glass curtain wall market is segmented by type: Unitized and Stick. The unitized curtain wall segment is expected to grow at a high CAGR over the forecast period, both in value and volume. The growth of this segment can be attributed to the high demand for unitized glass facades in the commercial industry. These curtain wall systems are designed as exterior glazing systems for buildings. The frame is attached to the building so it does not lift or support the building’s floor or roof loads. Based on Application, the market is segmented into: Commercial, Public, Residential. The commercial building segment will lead the glass curtain wall market in terms of value and volume. The need for smooth exterior glass facades in buildings, attractive architectural design, daylighting, thermal efficiency, external exposure of metal frames to eliminate water and air infiltration, and environmental control are some of the key factors contributing to the growth of glass curtains in the commercial building sector wall market. These systems provide a protective covering for large commercial buildings, increasing the building’s energy efficiency while reducing heating and cooling costs.
Glass Curtain Wall Market: Regional Analysis
In terms of geography, the global Glass Curtain Wall market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. The glass curtain wall market in Asia Pacific is expected to witness rapid growth over the forecast period. The increase in demand for glass curtain walls is mainly attributed to the growing infrastructure and construction industries. The Asia-Pacific region is a hub for foreign investment and a booming industrial sector, largely thanks to low-cost labor and availability of land. China will be the country with the highest growth rate due to the positive outlook for the office and commercial construction industry. In addition, the growing popularity of “green building” standards is expected to drive the demand for glass curtain walls in China.
Largest share area：Asia-Pacific
Largest share country：China
Product Type：Unitized and Stick
Application：Commercial, Public, ResidentialLeading Company：Saint-Gobain (France), Asahi Glass (Japan), Central Glass (Japan), Guardian Industries (US), Nippon Sheet Glass (US)