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Composite Doors and Windows Market Size

  • Report ID: GMI11696
  • Published Date: Oct 2024
  • Report Format: PDF

Composite Doors and Windows Market Size

The global composite doors and windows market was valued at around USD 1.3 billion in 2023 and expected to reach around USD 2.3 billion in 2032 with a CAGR of over 6.7% between 2024 and 2032. Glass-fiber composites are widely used in the composite doors and windows industry due to their superior strength, durability, and lightweight nature.

 

They offer excellent resistance to weather conditions, corrosion, and impact, making them ideal for long-lasting, low-maintenance applications. Additionally, glass-fiber composites provide high thermal insulation and energy efficiency, which is increasingly important in modern construction. Their flexibility in design allows manufacturers to create visually appealing products that can replicate the look of wood or metal without sacrificing performance.
 

The demand for glass-fiber composites is rising due to the growing focus on sustainable building materials and energy-efficient construction. With stricter regulations and consumer preferences leaning toward eco-friendly solutions, glass-fiber composite doors and windows are becoming more popular in residential, commercial, and industrial sectors. These factors are driving growth and solidifying the position of glass-fiber composites as a key material, significantly influencing the market's trajectory.
 

In 2023, the global commercial real estate market reached a staggering value of USD 114.98 trillion, accounting for 18.9% of the total global real estate market. This significant share highlights the importance of the commercial sector in overall real estate investments and development. As commercial construction grows, so does the demand for durable, energy-efficient building materials. Composite doors and windows are increasingly favored in this market due to their strength, insulation properties, and low maintenance needs. Their adoption in commercial real estate directly supports the industry's drive for sustainable, long-lasting construction solutions, aligning with broader real estate trends.
 

High initial manufacturing costs in the composite doors and windows market stem from the complex production processes and the use of advanced materials like glass-fiber, wood-fiber, and plastic-fiber composites. These materials require specialized equipment and techniques, driving up costs compared to traditional wood or metal options. Additionally, the investment in R&D for enhanced features like energy efficiency and durability adds to the overall expense. While composite products offer long-term benefits in terms of maintenance and performance, the upfront cost can deter price-sensitive customers, making it a key restraint in the market's growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for composite doors and windows was valued at approximately USD 1.3 billion in 2023 and is expected to grow at a CAGR of over 6.7% from 2024 to 2032, driven by the increasing demand for energy-efficient building solutions.

The glass-fiber composite segment held a 45% market share in 2023 and is expected to grow significantly by 2032, owing to its exceptional strength-to-weight ratio and durability.

The North America market generated USD 500 million in 2023 and is projected to maintain its dominance due to advanced construction practices and stringent energy efficiency standards.

Major players in the industry include Andersen Corporation, Fenesta, Marvin, PolyTech Products LTD, Prestige Windows and Doors, Profine International Group, Signature Windows & Doors, Starline uPVC Window Systems, The Pella Corporation, and Windoorz Inc.

Composite Doors and Windows Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 532
  • Countries covered: 23
  • Pages: 220
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