Curtain Wall Market revenue to hit $119 Bn by 2032

Curtain Wall Market size is anticipated to reach USD 119 billion by 2032, according to the recent research report by Global Market Insights, Inc.
 

The rising rate of urbanization and the significantly increasing infrastructure investments will enhance the curtain wall industry growth. The increasing influx of modern residential & commercial structures have propelled the advancements in building construction materials and technologies, further driving the product demand. The high adoption rate for providing structural integrity as well as protection from elements, such as weather fluctuations, UV rays, and unintentional fires will foster the business development.
 

Growing prominence of stick-built systems

The curtain wall market from the stick-built systems segment may record 9.8% CAGR from 2023 to 2032.  The growth can be attributed to the rising product espousal to cater the rise in residential construction activities across developing countries. As per Invest India, over 40% of the Indian population is likely to live in urban areas, further creating a need for 25 million additional mid-end as well as affordable units.
 

Robust demand for refurbishment construction type

Refurbishment curtain wall industry size will attain 9.5% gains between 2023 and 2032 owing to the growing consumer inclination towards appealing aesthetics in buildings. Due to the strong presence of aged buildings, the demand for refurbishment is increasing considerably in the developed countries. As renovation enhances the durability of buildings, the installation of curtain walls adds to an extra appealing look. The fast-growing IT sector will also accelerate the number of curtain wall installations during refurbishment.
 

Browse key industry insights spread across 230 pages with 206 market data tables & 29 figures & charts from the report, “Curtain Wall Market Size By Fabrication (Stick System, Unitized System), By Construction Type (Refurbishment, New Construction), By Application (Commercial, Residential), & Global Forecast, 2023 - 2032”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/curtain-wall-market
 

Growing government support to drive North America industry share

North America curtain wall market is estimated to amass USD 34.8 billion by 2032 due to the mounting construction activities, mainly in the U.S. and Canada. The surging government in the form of initiatives for developing infrastructures has escalated the housing spending capacities on green homes. There has also been a substantial increase in the construction of educational institutions, commercial buildings, and hotels in Canada. The strong presence of numerous curtain wall manufacturers and suppliers in the region will also characterize the industry progression.  
 

Major contenders in the curtain wall industry’s competitive landscape

Some of the prominent players in global business scenario are Kawneer Company, Inc., Shenyang Yuanda Aluminium Industry Engineering Co., Ltd., Reynaers Group, YKK AP America Inc., G.James Group, Oldcastle BuildingEnvelope, Inc., LIXIL Group Corporation, China State Construction Development Holdings Limited, Elicc Group, PortaFab Corporation, Kazmi Enterprises, EFCO Corporation, EFP International B.V., Perfect Glaze (India) Pvt. Ltd., and Technal.  
 

These firms are focusing on new product developments and innovations to meet the increasing end-user requirements. For instance, Kawneer Company, Inc., in January 2022, launched an aesthetically appealing and ADA-compliant operational handle option for GLASSvent UT Project-Out Windows for assisting disabled people.