The global glass curtain wall market size was $42,105.5 million in 2018, and is anticipated to reach $85,727.4 million by 2026, growing at a CAGR of 9.1% during the forecast period.
Glass curtain walls are less heavy aluminum-framed frontages framing metal or glass panels. These covering systems don’t back the weight of a floor or roof, but they resist wind transfer and gravity loads from the surface to the floor line of building. In addition, it offers thermal performance such as solar radiation and heat conduction, moisture protection, water penetration, indoor air quality, daylighting and tinting, and acoustic performance to a home or business space. They are available in a variety of designs and patterns and are popular in residential as well as non-residential sectors, owing to their beautiful design and aesthetics.
Surge in public infrastructure activities across major economies drive the demand for glass curtain wall systems, thereby enhancing the development of the glass curtain wall market. LAMEA is expected to acknowledge rapid growth in the glass curtain wall market, owing to rapid urbanization and rise in demand for repair & remodeling activities in old infrastructure. Countries such China, India, the U.S, Japan, and Germany are anticipated to be the significant demand areas, which would support the total progress of the glass curtain wall market. Nevertheless, rise in prices of raw materials are predicted to hinder the glass curtain wall market growth. On the contrary, rise in demand for glass curtain wall in public and commercial buildings is projected to boost the glass curtain wall industry growth throughout the forecast period.
The global glass curtain wall market is segmented into type, end-user, glazing application, and region. On the basis of type it is divided into unitized systems and stick systems. The unitized systems segment is anticipated to hold majority of the share throughout the study period. On the basis of glazing application, it is bifurcated into exterior glazed and interior glazed. The exterior glazed segment is expected to dominate the market during the forecast period.
Depending on end-user, the market is divided into commercial, public, and residential. The commercial segment is anticipated to dominate the global glass curtain wall market throughout the forecast period. Region-wise, the glass curtain wall market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to dominate the market and LAMEA is projected to experience high growth throughout the forecast period.
The key market players profiled in the include AGC Inc., AVIC Sanxin Co., Ltd., Central Glass Co., Ltd., China Glass Holdings Ltd., Guardian Industries Holdings, LLC, Nippon Sheet Glass Company, Limited, Saint-Gobain, SCHOTT AG, Vitro, S.A.B. de C.V., and Xinyi Glass Holdings Limited.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL GLASS CURTAIN WALL MARKET SEGMENTS
By Type
By GLAZING APPLICATION
By End-User
By Region
KEY PLAYERS
Glass curtain walls are less heavy aluminum-framed frontages framing metal or glass panels. These covering systems don’t back the weight of a floor or roof, but they resist wind transfer and gravity loads from the surface to the floor line of building. In addition, it offers thermal performance such as solar radiation and heat conduction, moisture protection, water penetration, indoor air quality, daylighting and tinting, and acoustic performance to a home or business space. They are available in a variety of designs and patterns and are popular in residential as well as non-residential sectors, owing to their beautiful design and aesthetics.
Surge in public infrastructure activities across major economies drive the demand for glass curtain wall systems, thereby enhancing the development of the glass curtain wall market. LAMEA is expected to acknowledge rapid growth in the glass curtain wall market, owing to rapid urbanization and rise in demand for repair & remodeling activities in old infrastructure. Countries such China, India, the U.S, Japan, and Germany are anticipated to be the significant demand areas, which would support the total progress of the glass curtain wall market. Nevertheless, rise in prices of raw materials are predicted to hinder the glass curtain wall market growth. On the contrary, rise in demand for glass curtain wall in public and commercial buildings is projected to boost the glass curtain wall industry growth throughout the forecast period.
The global glass curtain wall market is segmented into type, end-user, glazing application, and region. On the basis of type it is divided into unitized systems and stick systems. The unitized systems segment is anticipated to hold majority of the share throughout the study period. On the basis of glazing application, it is bifurcated into exterior glazed and interior glazed. The exterior glazed segment is expected to dominate the market during the forecast period.
Depending on end-user, the market is divided into commercial, public, and residential. The commercial segment is anticipated to dominate the global glass curtain wall market throughout the forecast period. Region-wise, the glass curtain wall market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to dominate the market and LAMEA is projected to experience high growth throughout the forecast period.
The key market players profiled in the include AGC Inc., AVIC Sanxin Co., Ltd., Central Glass Co., Ltd., China Glass Holdings Ltd., Guardian Industries Holdings, LLC, Nippon Sheet Glass Company, Limited, Saint-Gobain, SCHOTT AG, Vitro, S.A.B. de C.V., and Xinyi Glass Holdings Limited.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging glass curtain wall market trends and dynamics.
- In-depth glass curtain wall market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
- Extensive analysis of the glass curtain wallmarket is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global glass curtain wall market forecast analysis from 2018 to 2026 is included in the report.
- Key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the glass curtain wall industry.
GLOBAL GLASS CURTAIN WALL MARKET SEGMENTS
By Type
- Unitized systems
- Stick Systems
By GLAZING APPLICATION
- Exterior Glazed
- Interior Glazed
By End-User
- Commercial
- Public
- Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- AGC Inc.
- AVIC Sanxin Co., Ltd.
- Central Glass Co., Ltd.
- China Glass Holdings Ltd.
- Guardian Industries Holdings, LLC
- Nippon Sheet Glass Company, Limited
- Saint-Gobain
- SCHOTT AG
- Vitro, S.A.B. de C.V.
- Xinyi Glass Holdings Limited.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: GLASS CURTAIN WALL MARKET, BY TYPE
CHAPTER 5: GLASS CURTAIN WALL MARKET, BY GLAZING APPLICATION
CHAPTER 6: GLASS CURTAIN WALL MARKET, BY END-USER
CHAPTER 7: GLASS CURTAIN WALL MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
Executive Summary
According to the report titled 'Glass curtain wall Market by Type, GlazingApplication, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026,” global glass curtain wall market size was valued at $42,105.5 million in 2018, and is projected to reach $85,727.4 million by 2026, growing at a CAGR of 9.1% from 2019 to 2026. The commercial segment is anticipated to hold over three-fifths of the global glass curtain wall market share in 2018 and is expected to witness a significant growth during the forecast period.Glass curtain walls are non-structural aluminum-framed walls, comprising infills of glass panels that are fixed to the building. They are of two types: unitized glass curtain walls and stick-built glass curtain walls. The glass curtain wall market has witnessed substantial rise over past few years and is anticipated to record similar advancements during the upcoming years. Surge in urbanization and publicization, specifically in emerging markets, further stimulates the glass curtain wall market development. In addition, increase in demand for glass curtain walls in commercial and public building sectors is anticipated to drive the global glass curtain wall market during the forecast period. Further, the development of the global glass curtain wall market is driven by the need for the beautification of commercial as well as public buildings.
On the other hand, rise in cost of steel and fluctuating foreign currency exchange rates are projected to hinder the glass curtain wall market growth. However, accessibility of low-cost and efficient manufacturing, especially in Asia-Pacific and rise in support from governments of different countries provide lucrative growth opportunities for the glass curtain wall market.
According to Priyanka Khandelwal,Industry Analyst, Construction and Manufacturing, “The glass curtain wall market has observed significant growth since past decade, owing to the implementation of newer state-of-the-art technologies in glass curtain walls. In addition, surge in investments in the construction industry all over the globe is projected to positively influence the global glass curtain wall market growth. Several players such as Saint-Gobain, Nippon Sheet Glass, and China Glass Holdings Limited are expanding their business worldwide owing to the augmented customer base, improved effective operations, expanded geographical reach, and developed product portfolios. This is predicted to lead to the development of the global glass curtain wall industry.”
In 2018, Asia-Pacific dominated the global glass curtain wall market, in terms of revenue, accounting for about 33.9% share of the global market, followed by North America. By end-user, the commercial segment secured the highest share in the global glass curtain wall market in 2018, and the residential segment is expected to grow at a CAGR of 5.2% during the forecast period. In terms of type, the unitized systems segment is anticipated to account for the highest global glass curtain wall market share in the upcoming years. On the basis of glazing application, the exterior glazed segment is anticipated to hold majority of the share of the global glass curtain wall market.
KEY FINDINGS OF THE STUDY
- The report provides an extensive analysis of the current and emerging glass curtain wall market trends and dynamics.
- Depending on glazing application, the exterior glazed segment dominated the glass curtain wall market in 2018, and is projected to grow at a significant CAGR during the forecast period.
- By type, the unitized systems segment held the majority of the glass curtain wall market share in 2018.
- On the basis of end-user, in 2018, the commercial segment held the largest share of the global glass curtain wall market.
- LAMEA is projected to register the highest growth rate during the forecast period.
- U.S. accounted for over 60% share of the North America glass curtain wall market in 2018.
- Key market players within the glass curtain wall market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the glass curtain wall industry.
The key players profiled in the glass curtain wall market include AGC Inc., AVIC Sanxin Co., Ltd., Central Glass Co., Ltd., China Glass Holdings Ltd., Guardian Industries Holdings, LLC, Nippon Sheet Glass Company, Limited, Saint-Gobain, SCHOTT AG, Vitro, S.A.B. de C.V., and Xinyi Glass Holdings Limited.
Many players have adopted product launch as their key developmental strategy to improve their product portfolio. For instance, in June 2019, Cebrace, a brand of Saint-Gobain launched Cool Lite BRB 127 glass curtain wall system. The product is designed especially for applications in tropical climates, to provide visual comfort and thermal comfort to customers. In addition, it offers low reflection and prevents up to 69% of heat from entering into the building.
Companies Mentioned
- AGC Inc.
- AVIC Sanxin Co. Ltd.
- Central Glass Co. Ltd.
- China Glass Holdings Ltd.
- Guardian Industries Holdings LLC
- Nippon Sheet Glass Company
- Limited
- Saint-Gobain
- SCHOTT AG
- Vitro
- S.A.B. de C.V.
- Xinyi Glass Holdings Limited.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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