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Curtain Wall Market Size

Report ID: GMI5248
Published Date: Feb 2024
Report Format: PDF

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Curtain Wall Market Size

Curtain Wall Market was valued at USD 47 billion in 2023 and is anticipated to register a CAGR of over 7.6% between 2024 & 2032. The integration of advanced technologies such as Building Information Modeling (BIM), parametric design, and digital fabrication has been transforming the curtain wall industry. These technologies allow for more precise design, faster production, and better collaboration among stakeholders. The integration of curtain walls with smart building systems has been gaining traction.

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In addition, customers are increasingly demanding customized and visually appealing curtain wall solutions that enhance the aesthetics of buildings. This trend has led to the adoption of innovative designs, materials, and finishes to create unique façades. With growing concerns about safety and security, there has been a focus on developing curtain wall systems that offer enhanced protection against natural disasters, extreme weather events, and security threats. Rapid urbanization and infrastructure development in emerging markets have been driving the demand for curtain walls. Countries in Asia-Pacific, Latin America, and the Middle East are witnessing significant growth in construction activities, contributing to the market expansion.

Curtain Wall Market Report Attributes
Report Attribute	Details
Base Year:	2023
Curtain Wall Market Size in 2023:	USD 47 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	7.6%
2024 – 2032 Value Projection:	USD 99 Billion
Historical Data for:	2018 – 2023
No. of Pages:	161
Tables, Charts & Figures:	232
Segments covered:	Fabrication, Construction Type, Application
Growth Drivers:	Rapid urbanization Architectural trends Energy efficiency and sustainability
Pitfalls & Challenges:	High initial cost Complexity and customization challenges

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Curtain wall systems often require customization to fit the unique architectural requirements of each building project. This customization process can be complex and time-consuming, leading to potential delays and increased costs. The need for specialized expertise in design and installation can present challenges for some contractors and developers. Additionally, while curtain wall systems offer benefits such as energy efficiency and aesthetic appeal, they also require ongoing maintenance to ensure optimal performance and longevity. The maintenance and repair costs associated with curtain walls can be substantial over the lifecycle of a building, especially if issues such as sealant failure, glass breakage, or water infiltration occur, which may affect market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of curtain wall was reached USD 47 billion in 2023 and is anticipated to observe over 7.6% CAGR from 2024-2032 due to the higher emphasis on sustainability in construction.

Asia Pacific curtain wall market size crossed USD 15 billion in 2023 on account of the rising construction activities in countries like China, India, Japan, South Korea, and Southeast Asian nations.

The new construction type segment accounted for over 71% share of the curtain wall market in 2023, due to the rising need for improved insulation properties for allowing buildings to better retain heat in colder climates and keep interiors cooler in warmer climates.

Kawneer Company, Inc., EFCO Corporation, Reynaers Group, Oldcastle BuildingEnvelope, Inc., China State Construction Development Holdings Limited, LIXIL Group Corporation, YKK AP America Inc., and Elicc Group, G.James Group are some major curtain wall manufacturers.