From 2020 to 2026, the compound annual growth rate of the glass curtain wall market in most countries will be 9.1%.
According to a report released by Allied Market Research, the glass curtain wall market in most countries was US$42.10 billion in 2018 and is expected to reach US$85.72 billion by 2026, with a compound annual growth rate of 9.1% from 2019 to 2026.
Increasing spending on the renovation of residential and commercial buildings, rapid urbanization and the growth of the construction industry, and the surge in attention to economic green buildings, have promoted the growth of the glass curtain wall market in most countries. However, rising raw material prices hindered the market. On the contrary, the investment of relevant departments in the infrastructure construction department is expected to create many opportunities soon.
The Global Marketing of the Glass Curtain Wall 1
The glass curtain wall market in most countries is segmented by type, application, end-user, and geography.
According to the type, the market is divided into combined systems and fixed systems. The combined system part occupies a large share in 2018, accounting for more than two-thirds of the market. However, the fixed system segment is expected to show a compound annual growth rate of 9.5% in the next few years.
According to the application, the market is divided into exterior wall glass and interior wall glass. In 2018, the exterior glass part occupies a major position, contributing nearly three-fifths of the market share. In addition, the exterior glass part is expected to have a compound annual growth rate of 9.3% during the forecast period.
According to the end-user, the market is divided into commercial, public and residential. The commercial segment accounted for a large share in 2018, accounting for more than three-fifths of manufacturers. However, the residential segment is expected to show a compound annual growth rate of 9.9% during the forecast period.
Various regions of the glass curtain wall market in most countries, such as North America, Europe, Asia Pacific, and Latin America, have been analyzed. In 2018, the entire Asia Pacific market occupies a major position, accounting for about one-third of the market. However, the entire Latin American market is expected to achieve a compound annual growth rate of 10.6% during the forecast period.
The glass curtain wall market reports in most countries include major market participants: GC Inc., Zhongdian Glass, AVIC Sanxin Co., Ltd., Jiading Industrial, China Glass Holdings Co., Ltd., Saint-Gobain, Board Glass, Vitro, SABde CV, SCHOTT, and Xinyi Glass Holdings Co., Ltd.
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