Structural Glass Curtain Walls Market Report Overview
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global structural glass curtain walls market size was USD 53940 million in 2022 and market is projected to touch USD 92683.46 Million By 2031, exhibiting a CAGR of 6.2% during the forecast period.
A structural glass curtain wall is a form of building façade that is entirely constructed of glass and is supported by a structural system capable of withstanding wind, gravity, and other external pressures. Metal frames or clamps attached to the building structure often hold the glass panels in place.
The visual attractiveness of structural glass curtain walls is its primary benefit. They provide buildings a sleek and modern appearance while allowing for maximum natural light and uninterrupted views of the surroundings. They also provide greater thermal performance, which aids in the reduction of energy usage and expenditures. The structural glass curtain walls market is driven by the expanding construction industry, and the aesthetic appeal and durability of glass as a building material and increasing investments in research and development.
COVID-19 Impact: Pandemic Hampered the Demand for Market
The COVID-19 epidemic had negative influence on the market. The epidemic disrupted the worldwide supply chain and reduced demand for items that require structural glass curtain walls. However, the market is likely to revive as the global economy strengthens and demand for these items increases. The pandemic produced a large drop in worldwide industrial activity, resulting in a drop in demand for plasma treatment equipment. The lockdowns and mobility restrictions also had an impact on the supply chain, creating delays in the delivery of raw materials and equipment. As the global economy progressively improves, the market is projected to rebound. The need for plasma treatment equipment is likely to rise as its applications expand. Because of its uses in the electronics, automotive, and medical industries, the demand for plasma treatment equipment is likely to grow.
Latest Trends
"Increasing Demand from Aerospace and Automotive Sectors to Fuel Market Growth"
In recent years, significant technological advancements have made structural glass curtain walls' glass stronger, longer-lasting, and safer. This has took into consideration bigger and more complicated shade walls, with more prominent straightforwardness and negligible outlining. Demand for glass curtain walls is also being driven by the move toward green buildings. Glass can be recycled, and the transparency of glass curtain walls lets in natural light and views of the outside, which can make people feel better and help them work more efficiently. In the design and construction of buildings, including those with glass curtain walls, the technology known as Building Information Modeling (BIM) is increasingly being utilized. Building projects that are more cost-effective and efficient can benefit from BIM technology's ability to streamline the design and construction phases. Building automation systems are being used more and more, and glass curtain walls are being integrated with these systems to improve buildings' comfort and energy efficiency. For instance, the curtain walls can be programmed to alter their levels of transparency and shading in response to the temperature and position of the sun outside.
Structural Glass Curtain Walls Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into unitized type, stick built type.
- By Application Analysis
Based on application, the market can be divided into commercial building, public building, residential building.
Driving Factors
"Rising Demand Energy-Efficient Buildings to Stimulate Market Growth"
Structural glass curtain walls are designed to allow natural light to enter the building, reducing the need for artificial lighting and helping to lower energy costs. The construction industry is expected to grow significantly in the coming years, especially in developing countries, which will increase demand for innovative building materials and designs. These glass curtain walls provide a sleek and modern look that is highly desired by architects and building owners.
"Rising Investments in Research and Development Activities to Fuel Market Progress"
Glass curtain walls also offer a wide range of design options, including different types of glass, finishes, and colors. Glass is a durable material that requires little maintenance, making it an attractive option for building owners who want to reduce maintenance costs over time. Overall, increasing demand for energy-efficient buildings, the growing construction industry, and the aesthetic appeal and durability of glass as a building material is driving structural glass curtain walls structural glass curtain walls market growth.
Restraining Factors
"High Initial Setup Cost to Restrict Market Growth"
The installation and maintenance of structural glass curtain walls can be costly, and careful consideration of structural and environmental conditions is required to assure their safety and endurance. Growth of market may be restricted by this during forecast period.
Structural Glass Curtain Walls Market Regional Insights
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"Technological Advancements in North America Anticipated to Drive Market Expansion"
North America holds the leading position in structural glass curtain walls market share due to increasing investment in commercial and residential construction, rising demand for green buildings, and strict government regulations regarding energy efficiency. This is also because there are more residential and commercial construction projects in the area and more people are using sustainable and energy-efficient building materials.
Key Industry Players
"Adoption Innovative Strategies by Key Players Influencing Market Growth"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.
The top key players in the market are JiangHong Group, Grandland Group, Schüco, Yuanda China, Oldcastle Building Envelope, Apogee Enterprises, China Aviation Sanxin, Kawneer, China Fangda Group, Aluprof, Aluk Group, Golden Curtain Wall, Zhongshan Shengxing, G.James, Raico. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.
List of Market Players Profiled
- JiangHong Group
- Grandland Group
- Schüco
- Yuanda China
- Oldcastle Building Envelope
- Apogee Enterprises
- China Aviation Sanxin
- Kawneer
- China Fangda Group
- Aluprof
- Aluk Group
- Golden Curtain Wall
- Zhongshan Shengxing
- G.James
- Raico
Report Coverage
This report examines an understanding of the structural glass curtain walls market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 53940 Million in 2022 |
Market Size Value By |
US$ 92683.46 Million by 2031 |
Growth Rate |
CAGR of 6.2% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global structural glass curtain walls market expected to touch by 2031?
The global structural glass curtain walls market is expected to touch USD 92683.46 Million By 2031.
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What CAGR is the structural glass curtain walls market expected to exhibit during 2024-2031?
The structural glass curtain walls market is expected to exhibit a CAGR of 6.2% over 2024-2031.
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Which are the driving factors of the structural glass curtain walls market?
Growing demand for consumer electronics and rising investments in research and development are the driving factors of the Structural Glass Curtain Walls market.
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Which are the top companies operating in the Structural Glass Curtain Walls market?
JiangHong Group, Grandland Group, Schüco, Yuanda China, Oldcastle Building Envelope, Apogee Enterprises, China Aviation Sanxin, Kawneer, China Fangda Group, Aluprof, Aluk Group, Golden Curtain Wall, Zhongshan Shengxing, G.James, Raico are the top companies operating in the Structural Glass Curtain Walls market.