Global Glass Curtain Wall Market, By Type (Unitized Curtain Wall, Stick Curtain Wall), Product Type (Double Glazed Type, Three Glazed Type, Single Glazed Type), End-Use (Residential, Commercial, Public Sectors) – Industry Trends and Forecast to 2029
Glass Curtain Wall Market Analysis and Size
Over the last few years, the curtain wall industry has experienced tremendous expansion due to strong commercial and residential construction demand. Therefore, as the real estate sector grows, the curtain wall market will also experience considerable growth in the years to come.
Global Glass Curtain Wall Market was valued at USD 48.06 billion in 2021 and is expected to reach USD 101.85 billion by 2029, registering a CAGR of 7.80% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Glass Curtain Wall Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Unitized Curtain Wall, Stick Curtain Wall), Product Type (Double Glazed Type, Three Glazed Type, Single Glazed Type), End-Use (Residential, Commercial, Public Sectors)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
|
|
Market Players Covered
|
Nippon Sheet Glass Co., Ltd., (Japan), AGC Inc., (Japan), Central Glass Co. Ltd., (Japan), Xinyi Glass Holdings Limited., (China), Cardinal Glass Industries, Inc., (U.S.), CEVITAL (Algeria), China Glass Holdings Limited (China), GUARDIAN INDUSTRIES (U.S.), Fuyao Glass Industry Group Co., Ltd., (China), Saint-Gobain (France), SCHOTT AG (Germany), Sisecam (Turkey), Taiwan Glass Ind. Corp. (Taiwan), Beijing Northglass Technologies Co. Ltd., (China), arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany), Dellner Romag Ltd., (UK), Qingdao Tsing Glass Co. Limited (China) and Guangzhou Topo Glass Co., Ltd., (China)
|
|
Market Opportunities
|
|
Market Definition
The glass or metal panels built of thin aluminum-framed façades are referred to as glass curtain walls. Wind-resistant materials make up a portion of the wall system or are utilized to enclose a building. Depending on the customer's needs, glass curtain walls are found in conventional prefabricated systems and bigger customized wall sections.
Glass Curtain Wall Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Applications of Glass Curtain Wall
The glass curtain wall give a sleek and contemporary appearance and allow natural light to enter the structure, making them a desirable glazing choice for both commercial and residential applications. As they are built and engineered to stop air and water filtering and shield the building structure from wind and forces brought on by earthquakes and other vibrations, glass curtain walls have recently gained popularity. The owners of homes, businesses, and offices pay designers to plan, create, and oversee the interiors of their construction projects across the globe. People have been focusing on remodeling their houses and offices in accordance with their individual tastes, practical requirements, and financial capabilities. The increase in applications of the glass curtain wall will boost the market's overall growth.
Furthermore, the growth in the awareness about using energy-efficient construction facilities and the growing preference for green building materials will further propel the growth rate of glass curtain wall market. Additionally, the rise in consumer spending on home remodeling will also drive market value growth.
Opportunities
- Research and Development (R&D) and Investments
Furthermore, the major manufacturers are working on novel glass curtain wall variations that support large glass sizes and intricate geometries through research and development (R&D) operations, which extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing investment in the development of green buildings coupled with the extensive investments in smart cities will further expand the future growth of the glass curtain wall market.
Restraints/Challenges
- Raw Material Costs
Iron, aluminum, and steel are a few of the main raw materials utilized by glass curtain wall producers. Manufacturers may be vulnerable throughout the value chain due to the shifting pricing of certain raw materials. Large companies are frequently the primary material suppliers. These companies can raise the price of raw materials, which in turn raises the cost of inputs due to their ability to pass on rising commodity costs, these. As a result, it is projected that the growth of the glass curtain wall sector would be constrained throughout the projection period by the unstable and rising prices of metals and other commodities.
- Stringent Regulations
The stringent regulations associated with the manufacturing and the glass curtain wall usage will further prove to be a demerit for the glass curtain wall market. These restrictions further creates hurdles for the overall demand of the product. This factor will challenge the glass curtain wall market growth rate.
This glass curtain wall market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the glass curtain wall market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Glass Curtain Wall Market
The recent outbreak of coronavirus had a negative impact on the glass curtain wall market. The lockdown has hampered the supply chain to stop the virus's spread. The industry's construction projects were also put on hold because of the labor shortage. The demand for curtain walls thus drastically decreased. As a result, commercial and residential development projects will continue to be impacted until the pandemic ends. Also, the severe disruptions in various manufacturing, as well as the supply-chain operations due to the various precautionary lockdowns by governments, led to enormous financial setback for the market. Furthermore, consumer demand has decreased as people are now more focused on removing non-essential expenses from their budgets since the general economic situation of most people has been badly impacted by the outbreak. Over the forecast period, the aforementioned determinants will weigh on the market's revenue trajectory.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In August 2021, for an unknown sum, Dynamic Glass purchased Colorado Window Systems (CWS), a renowned US-based provider of glass, glazing, and metal panel services. With a primary focus on improved service capabilities in Colorado, this acquisition will assist Dynamic Glass in broadening its glass and glazing range. CWS is a significant business that offers the best general contractors in Colorado top-notch glass and glazing services.
Global Glass Curtain Wall Market Scope
The glass curtain wall market is segmented on the basis of type, product type and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Unitized Curtain Wall
- Stick Curtain Wall
Product Type
- Double Glazed Type
- Three Glazed Type
- Single Glazed Type
End-Use
- Residential
- Commercial
- Public Sectors
Glass Curtain Wall Market Regional Analysis/Insights
The glass curtain wall market is analyzed and market size insights and trends are provided by country, type, form and application as referenced above.
The countries covered in the glass curtain wall market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the foreign investment, the rising number of construction activities, and the growing industrial sector within the region.
Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing aesthetic appeal of the infrastructure and aerospace in the emerging economies in the region. The main factor influencing the market in Asia Pacific is the significant increase in building and infrastructure development in emerging economies.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Glass Curtain Wall Market Share Analysis
The glass curtain wall market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to glass curtain wall market.
Some of the major players operating in the glass curtain wall market are
- Nippon Sheet Glass Co., Ltd., (Japan)
- AGC Inc., (Japan)
- Central Glass Co. Ltd., (Japan)
- Xinyi Glass Holdings Limited., (China)
- Cardinal Glass Industries, Inc., (U.S.)
- CEVITAL (Algeria)
- China Glass Holdings Limited (China)
- GUARDIAN INDUSTRIES (U.S.)
- Fuyao Glass Industry Group Co., Ltd., (China)
- Saint-Gobain (France)
- SCHOTT AG (Germany)
- Sisecam (Turkey)
- Taiwan Glass Ind. Corp. (Taiwan)
- Beijing Northglass Technologies Co. Ltd., (China)
- arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany)
- Dellner Romag Ltd., (UK)
- Qingdao Tsing Glass Co. Limited (China)
- Guangzhou Topo Glass Co., Ltd., (China)
SKU-