The Global Curtain Walls Market will grow at highest pace owing to increasing construction of green buildings

The Global Curtain Walls Market will grow at highest pace owing to increasing construction of green buildings

Curtain walls are outer covering or cladding of buildings which are made up of panels of glass, metal or any other material and are designed to resist air, water, wind loads, etc. besides having thermal resistance. Curtain walls provide many advantages to buildings such as aesthetically pleasing appearance, natural day lighting, thermal insulation, impact resistance, ease of maintenance and renovation. With high rise commercial buildings as well as residences focusing more on energy efficiency and sustainability, the use of curtain walls has increased manifold.

The curtain walls market is estimated to be valued at USD 50.9 Bn in 2024 and is expected to reach USD 85.80 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.74% from 2024 to 2031.

Key Takeaways
Key players operating in the Curtain Walls Market are Permasteelisa, Oldcastle BuildingEnvelope, Kawneer Company, Schüco, and YKK AP.

Growing environmental consciousness among consumers and strict norms regarding energy efficiency of buildings has fueled the demand for curtain walls globally. Curtain Walls Market help reduce overall energy consumption of buildings by 20-30% which is driving their increased adoption.

Advancements in glass technologies have allowed manufacturers to develop high performance insulating glass units and vacuum insulating glass which offer even higher thermal insulation. This has further increased the applicability of curtain walls.

Market Trends
Building energy codes in countries like USA, UK, Germany have made energy efficiency compliance mandatory which is driving higher uptake of sustainable building materials like curtain walls.

Modular construction techniques allow for offsite fabrication and assembly of curtain wall modules improving construction speed. This trend is gaining traction.

Market Opportunities
Rising infrastructure investment in developing countries presents an opportuntity for curtain wall manufacturers to meet the construction demand.

Development of specialized product varieties like blast resistant, self-cleaning glass curtain walls can facilitate penetration into niche application areas.

Impact of COVID-19 on Curtain Walls market growth
The COVID-19 pandemic has impacted the global curtain walls market significantly. During the pre-COVID times, the market was growing at a healthy rate owing to rapid urbanization and construction activities worldwide. However, the imposition of lockdowns and social distancing norms led to temporary halts in construction projects. This adversely affected the demand and supply chain of curtain wall materials and systems.

The shutdown of manufacturing units further exacerbated the situation. Many projects faced delays or cancellations due to financial crunch caused by the pandemic. Migratory labor workforce also returned to their hometowns due to uncertainty, creating shortage of manpower at construction sites. All these factors constrained market growth in 2020.

However, with gradual lifting of restrictions and resumption of activities from late 2020, the market is witnessing green shoots of recovery. Major players are focusing on adopting advanced technologies like automation, robotics, and virtual/augmented reality to improve productivity despite safety protocols. Growing preference for eco-friendly, energy efficient and aesthetically appealing building envelopes is also supporting demand.

Government incentives and investments in infrastructure development would aid market expansion in the coming years. Attention is shifting towards smart, sustainable design approaches to gain long term advantages. Overall, while short term disruptions were unavoidable, the curtain walls market is poised to get back on growth trajectory by leveraging digital transformation and new opportunities in commercial, residential sectors.

Geographical concentration of Curtain Walls market
In terms of value, North America represents the largest and most concentrated market for curtain walls currently. The region accounts for over 30% of global revenues led by large scale commercial and institutional construction activities in the US.

Another major geographic hub is Asia Pacific excluding Japan (APEJ), where China contributes significantly to both production and consumption owing to its huge real estate and building construction sector. Western European nations like Germany, UK, France are also prominent markets driven by trends like urbanization, renovation of older buildings.

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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.

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