The U.S. aluminum curtain wall market size is expected to reach USD 10.54 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.0% during the forecast period.Development of advanced materials with capabilities that offer safety as well as visually-appealing texture are few of several trends positively influencing the market. High-performance, energy-saving, and solar controlled aluminum curtain walls are increasingly getting recognized for their economic benefits and eco-sustainability.
Use
of aluminum curtain walls offers benefits in terms of appearance as well as
performance, unlike any other building material. Rising awareness regarding
these benefits is poised to stoke the growth of the market. Soaring need to
reduce heating & air-conditioning costs and achieve energy-efficiency is
also projected to provide a fillip to the market. Furthermore, dire need to
reduce cost is promoting development of sustainable products, thereby working
in favor of the market.
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U.S. Aluminum
Curtain Wall Market Report Highlights
- Increasing commercial and
residential construction rates owing to increased rates of migration are
one of the primary growth stimulants for the market. The population has
been observed to be inclined towards moving to newer megalopolises as
compared to existing metropolitans
- On the basis of type, the
unitized segment is likely to witness a healthy growth at a CAGR exceeding
7.0% over the forecast period owing to benefits they provide in terms of
energy saving and rich aesthetics
- Several government initiatives
toward infrastructure development are enhancing construction of commercial
properties across the country, which is subsequently supplementing the
growth of the U.S. aluminum curtain wall market.
- The commercial end-use
segment dominated the market in 2016. The adoption across the commercial
sector is anticipated to increase over the forecast period owing to
benefits, such as acoustic insulation, thermal insulation, and natural
ventilation, offered by the walling systems.
- The Southeast region of the
U.S. dominated the market accounting for just over 25.0% of the overall
revenue in 2016. The growth of the segment can be attributed to growing
number of commercial and industrial construction projects in the country
- Key players such as EFCO
Corporation, Truelite Glass, and Aluminum Solutions LLC, and Enclos
Corporation dominated the market in 2016 by emphasizing on expanding their
respective market shares via mergers and acquisitions.
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U.S. Aluminum
Curtain Wall Market Segmentation
Grand View Research has segmented
the U.S. aluminum curtain wall market based on type, end use, and regions:
U.S. Aluminum
Curtain Walls Type Outlook (Revenue, USD Billion, 2014 - 2025)
- Stick-built
- Semi-unitized
- Unitized
U.S. Aluminum
Curtain Walls End-Use Outlook (Revenue, USD Billion, 2014 - 2025)
- Commercial
- Residential
U.S. Aluminum
Curtain Walls Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- U.S.
- Southeast
- Northeast
- Midwest
- Southwest
- West
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company, registered
in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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