Rise in spending on remodeling of residential & commercial buildings, rapid urbanization and development of the construction industry, increase in focus toward affordable & green buildings have propelled the growth of the glass curtain wall market.
PORTLAND, Ore., Sept. 7, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Glass Curtain Wall Market Analysis by Type (Unitized Systems and Stick Systems), Glazing Application (Exterior Glazed and Interior Glazed), and End-User (Commercial, Public, and Residential): Global Opportunity Analysis and Industry Forecast, 2019-2026" According to the report published by Allied Market Research, the global glass curtain wall market was pegged at $42.10 billion in 2018, and is estimated to reach $85.72 billion by 2026, registering a CAGR of 9.1% from 2019 to 2026.
Key determinants of the market-
Rise in spending on remodeling of residential and commercial buildings, rapid urbanization and development of the construction industry, and increase in focus toward affordable and green buildings have propelled the growth of the global glass curtain wall market. However, rise in prices of raw materials hampers the market. On the contrary, government investment in the building infrastructure sector is expected to create lucrative opportunities in the near future.
Covid-19 Scenarios-
- The glass curtain wall market has been majorly impacted due to Covid-19, as the construction activities have been completely stopped.
- The production, on the other hand, has been equally impacted, due to lockdown as the supply chain disruptions have led to the shortage of raw materials.
- Nevertheless, the government bodies have issued certain relaxations on the restrictions in order to maintain economic benefits. And, therefore, the construction activities and manufacturing of glass curtain wall have restarted.
Download Report Sample (202 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/6346
The unitized systems segment dominated the market in 2018-
Based on type, the unitized systems segment held the largest share in 2018, accounting for more than two-thirds of the global glass curtain wall market. This is attributed to high demand for these systems in the commercial sector and increase in the installation of these systems due to factors such as high insulation and high aesthetic appeal. However, the stick systems segment is expected to manifest the highest CAGR of 9.5% during the study period. The demand for stick systems is growing due to their durability and aesthetics. In addition, rapid urbanization and a rise in disposable income of individuals, and new investments in the construction industry further fuels the growth of the segment.
The exterior glazed segment is anticipated to lead the trail throughout 2026-
On the basis of glazing applications, the exterior glazed segment dominated in 2018, contributing to nearly three-fifths of the global glass curtain wall market. In addition, the segment is projected to register the highest CAGR of 9.3% during the forecast period. This is due to growth in construction industry and rise in investments on residential and commercial construction.
Get detailed COVID-19 impact analysis on the Glass Curtain Wall Market: https://www.alliedmarketresearch.com/request-for-customization/6346?reqfor=covid
Asia-Pacific, followed by North America, to rule the roost throughout 2026-
Region wise, the market across Asia-Pacific, followed by North America, has dominated in 2018, accounting for around one-third of the global glass curtain wall market. This is due to increase in demand for residential construction and presence of emerging economies in this region. However, the market across LAMEA is expected to register the highest CAGR of 10.6% during the forecast period. The growth in construction and infrastructure developments, improvements in business environment, and increase in construction expenditure propel the market growth in this province.
The market players-
- GC Inc.
- Central Glass Co., Ltd.
- AVIC Sanxin Co., Ltd.
- Guardian Industries Holdings, LLC
- China Glass Holdings Ltd.
- Saint-Gobain
- Nippon Sheet Glass Company, Limited
- Vitro, S.A.B. de C.V.
- SCHOTT AG
- Xinyi Glass Holdings Limited
Interested in Procure Data? Visit Here: https://www.alliedmarketresearch.com/glass-curtain-wall-market/purchase-options
Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access
Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
Avenue Library Subscription | Request for 14 days free trial of before buying:
https://www.alliedmarketresearch.com/avenue/trial/starter
Similar Reports We Have:
Construction Glass Market: Global Construction glass market is expected to reach $121,877 million by 2022, growing at a CAGR of 7.1% from 2014 to 2022.
Doors Market: Global doors market size was $120,800 million in 2018, and is projected to reach $182,072 million in 2026, growing at a CAGR of 5.1%.
Windows and Doors Market: Windows and doors market is expected to reach $282 billion by 2022, growing at a CAGR of 6.3% from 2014 to 2022.
Energy Efficient Windows Market: Global energy efficient windows market is expected to reach $29,023.8 million in 2027, growing at a CAGR of 8.1% from 2020 to 2027.
Acoustic Insulation Market: Global acoustic insulation market is expected to reach $14,633 million by 2022, growing at a CAGR of 5.9% from 2014 to 2022.
Pre-Book Now with 12% Discount:
Storefront Glass Market - Global Opportunity Analysis and Industry Forecast, 2020-2027
Building Integrated Photovoltaics (BIPV) Market - Global Opportunity Analysis and Industry Forecast, 2019-2026
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on: LinkedIn
Twitter
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
