The Global Curtain Walls Market is trending by sustainability

Curtain walls are exterior walls that consist of metal, glass or other materials assembled in place and which usually do not carry any structural load from the building other than their own dead load weight. They are categorized as non-loadbearing wall façade systems that provide aesthetic and architectural design flexibility to a building as well as durable insulation and weather resistance. Curtain walls transfer lateral wind loads to the building's structural frame and anchor points but do not carry gravity loads. They are able to withstand different weathering effects such as wind, weather, seismic loads and noise. Curtain walls provide various benefits like excellent thermal insulation, energy efficiency, maximum daylighting, 360-degree panoramic views and minimal framework for maximum usable floor space. They have become increasingly popular as exterior walls of commercial buildings due to their ability to create attractive, versatile and sustainable building designs.

The curtain walls market is estimated to be valued at USD 50.9 Bn in 2024 and is expected to reach USD 85.80 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.74% from 2024 to 2031.

Key Takeaways
Key players operating in the Curtain Walls market are Shenzhen KZX Balcony Equipment Co. Ltd, EFCO Corporation, JangHo Curtain Wall, Kawneer Company Inc., Kalwall Corporation, Shengxing Group, G.James Glass & Aluminium, Guangzhou Leadsea Industry Co. Ltd and Permasteelisa S.p.A.

The demand for curtain walls is growing due to rapid urbanization, industrialization and increasing demand for environment-friendly and sustainable building designs. Rapid growth in commercial construction sector especially in emerging economies is fueling the demand for curtain walls.

Globally Curtain Walls Market companies are focusing on expanding their presence in developing markets through acquisitions and partnerships to leverage opportunities arising from increasing investments in commercial construction sector across Asia Pacific, Middle East, Latin America and African regions.

Market key trends
Sustainability is a major trend gaining traction in the curtain walls market. Manufacturers are developing innovative, energy efficient and eco-friendly curtain wall technologies utilizing materials like aluminum, stainless steel and sustainable wood varieties to reduce carbon footprint and meet green building standards. Advanced technologies allow buildings to optimize solar heat gains in winter and minimize it in summer through mechanized shading and cooling methods controlled by BMS thereby significantly improving energy efficiency.

Porter's Analysis

Threat of new entrants: Low capital requirements favor new competitors but low switching costs favor established suppliers. Existing suppliers have strong economies of scale from years of operation.

Bargaining power of buyers: Large commercial construction projects and government procurement drive bargaining power for buyers through competitive bidding and prequalification standards compliance requirements. However, proprietary designs and engineering expertise retain supplier margins.

Bargaining power of suppliers: Suppliers of advanced glass, aluminum profiles and integrated building envelope engineering services exercise bargaining power through differentiated technologies and system certifications. Contracting margins remain competitive due to multiple qualified suppliers.

Threat of new substitutes: Innovations in building-integrated photovoltaics and insulated glass units increasingly challenge curtain walls' energy efficiency credentials but replication at scale preserves curtain wall dominance for tall commercial architecture.

Competitive rivalry: Reputation, longevity and existing project portfolio matter more than price for large contractors to retain premium projects and compete on design aesthetics and performance criteria.

Geographical Regions
North America leads in curtain wall market value due to high-rise commercial construction in the United States and Canada representing over 30% of the global curtain wall installations.

The Asia Pacific region is poised to become the fastest growing market for curtain walls from 2020 to 2025 driven by the economic expansion and urbanization underway in China, India and Southeast Asian countries with sustained major infrastructure and construction activity.

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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.

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