Aluminum Curtain Wall Market Booming Worldwide with Latest Trend and Future Scope by 2027

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Vipon > V Show > Aluminum Curtain Wall Market Booming Worldwide with Latest Trend and Future Scope by 2027

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Aluminum Curtain Wall Market Booming Worldwide with Latest Trend and Future Scope by 2027

2024-04-15 23:00:53

Report

According to research study by Fortune Business Insights™ The global aluminum curtain wall market size is expected to reach USD 62.22 billion by 2027, 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,

the market size stood at USD 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.

Source:

https://www.fortunebusinessinsights.com/aluminum-curtain-wall-market-102782

Market Driver:

Rising Investment in Aluminum Extrusion by Key Players to Boost Sales Opportunities

Aluminum extrusion is utilized in the manufacturing 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.

Market Restraint:

High Installation Cost of Curtain Walls to Impede Market Revenue

The high cost involved in transporting and storing curtain walls leads to an overall elevated cost of aluminum curtain walls, which in turn, will hamper the growth of the market. Periodical maintenance is essential to preserve the aesthetical appeal intact, thus the perpetual maintenance leads to extraordinary costs.