According to a new report, published by KBV research, The Global Aluminum Curtain Wall Market size is expected to reach $67.35 billion by 2031, rising at a market growth of 8.8% CAGR during the forecast period.
The Commercial segment is leading the Global Aluminum Curtain Wall Market by Application in 2023; thereby, achieving a market value of $47.12 billion by 2031. Commercial buildings, such as office complexes, shopping malls, hotels, and skyscrapers, typically require aluminum curtain walls for their durability, aesthetic appeal, and energy efficiency. The demand for modern, sleek, and sustainable building designs in urban areas has significantly driven the growth of aluminum curtain walls in commercial construction.
The Stick-built segment exhibits a CAGR of 9% during (2024 - 2031). Stick-built curtain walls are assembled piece by piece on-site, with each component of the wall being installed separately. This type of system is often used for smaller projects or in situations where flexibility in design is required. While stick-built systems are more labor-intensive and time-consuming to install, they offer greater customization options. They can be more cost-effective for certain types of buildings, particularly in residential or low-rise commercial constructions.
Full Report: https://www.kbvresearch.com/aluminum-curtain-wall-market/
The Asia Pacific region dominated the Global Aluminum Curtain Wall Market by Region in 2023; thereby, achieving a market value of $30.81 billion by 2031. The North America region is expected to witness a CAGR of 8% during (2024 - 2031). Additionally, The Europe region would register a CAGR of 8.3% during (2024 - 2031).
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