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Global Aluminum Curtain Wall Market Growth And Outlook Till, 2018-2027

The global aluminum curtain wall market size is expected to reach USD 65.7 billion by 2027, expanding at a CAGR of 9.6%, according to a new report by Grand View Research, Inc. The market is being driven by growing trend of protecting exterior walls and upsurge in construction of commercial buildings, including offices and institutions, in developed and developing economies. Market growth can also be ascribed to increasing demand for enhanced moisture management properties and energy-efficient solutions.
Furthermore, government regulations pertaining to green buildings remain to be the key driver of the market. For instance, Energy Performance of Buildings Directive (EPBD) aims at improving energy performance of buildings, while considering indoor and outdoor climate conditions, local requirements, and cost-effectiveness. The directive is pertinent to new and old buildings, which are under the process of renovation. Curtain walls systems decrease HVAC costs and improve building energy efficiency.
Increasing demand for eco-friendly infrastructure, owing to stringent regulations and rising awareness regarding environmental deterioration, is anticipated to favorably impact the market over the forecast period. Moreover, rapid urbanization, along with rising disposable income in emerging economies of the Asia Pacific region, including China, India, Japan, and Thailand, is anticipated to spur construction of residential and commercial buildings. This is expected to positively influence the growth of the aluminum curtain wall market over the forecast period.
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