U.S. Aluminum Curtain Walls Market Size, Share, & Trends Analysis Report By Type (Unitized, Stick-Built, Semi-Unitized), By End Use (Commercial, Residential), By Region, And Segment Forecasts, 2018 - 2025

Report Overview

The U.S. aluminum curtain wall market size was USD 5.84 billion in 2016. It is expected to exhibit a CAGR of 7.0% during the forecast period. Aluminum curtain walls are primarily used to provide structural stability and aesthetics to a building. Rising construction-related activities globally are anticipated to the growth of the market over the forecast period. Furthermore, aluminum wall-glazing materials, which are a result of technological innovations, find a widespread adoption in many commercial and residential buildings.

Additionally, a continued migration towards upcoming metropolises has a vital role to play in the development of the market. People are increasingly migrating from the conventional northeastern corridor of metropolises to 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, that are closer to Chicago. Migration of people directly impacts the rates of construction in the region, thereby boosting the demand for curtain walls over the forecast period.

The size of the market for aluminum curtain wall in the U.S. will continue to grow as government and private investors continue to allocate more and more budget for construction projects, particularly in the Midwest and the Southeast. Similarly, rising awareness regarding building solutions that can reduce carbon footprint as well as improve aesthetic factor is estimated to benefit the market over the forecast period.

Type Insights

The unitized curtain wall product segment dominated the overall market in 2016. These curtain walls are lighter in weight. Besides, they are factory-glazed and support ready-to-install glass assembly. These features make them an ideal choice for the commercial sector. Increasing construction activities across the commercial sector are poised to, thus, contribute to the growth of the segment.

Conventional solutions had limitations on use of materials for glazing and in-fills. However, as a result of advancements in technology, even stones, marble, and granite can now be used for in-fills. While aluminum ensures lighter weight, glass-based composite materials ensure high transparency and flexibility, thereby allowing designers to craft aluminum curtain walls of desired size and shape. They are getting immensely popular among contractors and subsequently, their demand is projected to grow. Advancements in technology are also allowing them to harness alternative sources of energy, thereby making buildings eco-friendly and sustainable.

End-Use Insights

Adoption of aluminum curtain walls is high across both commercial and residential sectors owing to lucrative benefits they offer in terms of sustainability and aesthetics. The commercial sector often has higher construction budgets, which makes it a larger segment in the aluminum curtain walls market.

The segment will maintain its dominance in the market throughout the forecast horizon, due to increasing number of commercial complexes, corporate houses, hotels, and medical centers coming up particularly in the Southwest and West. These walls have also started penetrating the residential sector as citizens are increasingly getting aware and realizing importance of sustainable living.

Regional Insights

In the Southeast, new commercial and industrial buildings are coming up rapidly owing to extensive development in the Texas Triangle in Texas and the Research Triangle in North Carolina. As a result, the region dominated the U.S. market with a revenue share of just over 25.0% in 2016. Development of innovative in-fill materials is expected to continue encouraging customers to adopt these curtain walls.

On the other hand, the Northeast and the West together accounted for more than 40.0% of the total market in the same year as incumbents of these regions continue to adopt advanced aluminum curtain wall systems. Given that these two regions are particularly adaptive to new technologies, demand from the commercial and residential sectors is anticipated to register a sharp rise over the forecast period.

Key Companies & Market Share Insights

The major players reviewed in the study are Enclos Corp., EFCO Corporation, Truelite Glass, and Aluminum Solutions, LLC among others. The market has witnessed entry of several manufacturers, including the National Enclosure Company. Though the entry of new manufacturers in recent years has not impacted competition significantly, favorable government regulations regarding energy conservation along with surge in construction activities across the nation are estimated to increase competition in the market.

Incumbents of the U.S. market are focusing on increasing their market share. Some of the key strategies undertaken by market players are partnerships, making investments, mergers and acquisitions, launching new products and services, and quoting competitive prices. For instance, in 2016, Truelite Glass and Aluminum Solutions, LLC acquired VFG Group of Canada and R.F. Inc. of the U.S. in order to strengthen its footprint in the North American market.

U.S. Aluminum Curtain Walls Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the country level and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the U.S. aluminum curtain wall market report based on type, end-use, and regions:

• Type Outlook (Revenue, USD Billion, 2014 - 2025)

  • Stick-built

  • Semi-unitized

  • Unitized

• End-Use Outlook (Revenue, USD Billion, 2014 - 2025)

  • Commercial

  • Residential

• Regional Outlook (Revenue, USD Billion, 2014 - 2025)

  • The U.S.

    • Southeast

    • Northeast

    • Midwest

    • Southwest

    • West