Market Segmentation:
The construction industry plays a vital role in the economic growth and development of the country. It can be addressed as a mechanism for creating employment for billions of unskilled, semi-skilled, and skilled workforces. Construction is the fastest-growing industry with no signs of decline in the foreseeable future. The demand for residential and non-residential buildings is increasing owing to the ever-rising population and growth in the rate of urbanization across the globe. The global construction output is expected to grow by more than 75% by 2027.
Developing countries are aiming at the rapid development of industrial and commercial sectors, owing to which the level of construction activity in these sectors is increasing. Owing to urbanization, there is an increase in the construction of multistoried buildings in developing and developed cities. Hence, facade selection arises as a critical component. Contemporary facades must integrate durability, functionality, aesthetics, and energy conservation. Building envelopes, such as curtain wall systems and ventilated facade systems, are combined structurally to enable lasting functionality, durability, light dissemination, and water, air, & sound insulation, therefore preserving energy efficiency of the structure.
A continued migration toward the upcoming metropolises is evident in the U.S. People are increasingly migrating from the conventional northeastern corridor of metropolises toward the upcoming megalopolises, such as the Great Lakes and the Midwest, in search of better opportunities. While cities such as Boston, New York City, and Philadelphia are home to several premium corporate centers, people are also migrating to cities such as Pittsburgh and Cincinnati, which are closer to Chicago. The Texas Triangle is emerging as one of the fastest-growing urban regions. The growth of Texas Triangle can be attributed to recent developments in the Research Triangle as well as to the migration of people to the surrounding cities, such as Atlanta and Charlotte. The establishment of Silicon Valley has already encouraged people to migrate to California. Moreover, the development of a high-speed rail connection between Los Angeles and San Francisco is expected to make it easy for people to traverse to the southern parts of the U.S.
Installation of aluminum curtain wall systems involves extensive planning. The initial cost per square meter is derived by assessing the volumes of bonding and mechanical fastening materials required for a particular project. Moreover, once installed, the perimeter sealant joints and flexible flashings need to be inspected and evaluated regularly since extreme weather conditions can cause these materials to fail and expose the installation to water and moisture retention risks. Moreover, other metals used in the aluminum curtain wall systems, such as steel, are often vulnerable to oxidation and could hence lead to instability over a more extended period.
Aluminum curtain walls need to be painted or anodized periodically. Factory-applied fluoropolymer coatings are resistant to the degradation stemming from environmental exposure, which means these coatings need to be cleaned periodically. Although anodized aluminum frames cannot be anodized again, their durability and appearance can be enhanced by applying clear coatings. The process of maintaining the coating varies according to the type of the coating, which leaves room for error. Additionally, glazing seals exposed to the environment also need periodic maintenance and inspection to ensure that water does not penetrate the insulating and frame seals.
This section will provide insights into the contents included in this aluminum curtain wall market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2016 to 2027
Market estimates and forecast for product segments up to 2027
Regional market size and forecast for product segments up to 2027
Market estimates and forecast for application segments up to 2027
Regional market size and forecast for application segments up to 2027
Company financial performance