Dublin, April 24, 2019 (GLOBE NEWSWIRE) -- The "Glass Curtain Wall Market by Type (Unitized curtain wall, stick curtain wall), End-use (Commercial, Public, Residential), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The glass curtain wall market is projected to grow from USD 44.5 billion in 2018 to USD 73.4 billion by 2023, at a CAGR of 10.5% during the forecast period.
The growing industrial & commercial construction activities and the need for technological advancements in the glass industry drive the demand for glass curtain wall systems. However, high capital investment and government regulations surrounding carbon emissions are projected to inhibit the growth of the market.
The glass curtain wall market is witnessing considerable growth due to advancements in glass technology and the high efficiency in building facade systems. The growing demand from public facilities, commercial buildings, and residential buildings, the environmental concerns about their usage, and the legal implications involved are the key factors fueling the growth of the glass curtain wall market.
The glass curtain wall market has opportunities owing to the growing investment in infrastructural projects in developing economies and the rising demand for green buildings, which will drive the demand for energy-efficient facade systems. Factors such as complex production and installation requirements of glass curtain wall, price volatility of raw materials, along with energy-efficient manufacturing of raw materials, are posing a challenge to the growth of the glass curtain wall market.
On the basis of key regions, the glass curtain wall market has been segmented into Asia Pacific, Europe, North America, the Middle East & Africa, and South America. The market in the Asia Pacific region is projected to grow at the highest CAGR of 15.45% for the period between 2018 and 2023. Considerable growth in the public, commercial, and residential buildings in the developing countries of the Asia Pacific region has resulted in a rise in demand for glass curtain wall systems.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Developing Economies to Witness Higher Demand for Glass Curtain Wall Systems
4.2 Glass Curtain Wall Market, By System
4.3 Glass Curtain Wall Market, By End-Use
4.4 Asia Pacific: Glass Curtain Wall Market, By End Use and Key Country
4.5 Glass Curtain Wall Market: Geographical Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in Industrial and Commercial Construction Activities
5.2.1.2 Technological Advancements in the Glass Industry
5.2.2 Restraints
5.2.2.1 Government Regulations for Carbon Emissions
5.2.2.2 High Capital Investment Requirement
5.2.3 Opportunities
5.2.3.1 Rise in Demand for Green Buildings
5.2.3.2 Growth in Investment on Infrastructural Projects in Developing Economies
5.2.4 Challenges
5.2.4.1 Production and Installation Requirements of A Complex Structural Glazing
5.2.4.2 Energy-Efficient Manufacturing of Raw Materials
6 Glass Curtain Wall Market, By System
6.1 Introduction
6.2 Unitized
6.2.1 Unitized Curtain Wall Segment to Dominated the Glass Curtain Wall Market in 2017
6.3 Stick
6.3.1 Easier Installation Feature Leads to the Demand for Stick Curtain Wall Systems
7 Glass Curtain Wall Market, By End-Use
7.1 Introduction
7.2 Commercial
7.2.1 Commercial Buildings Segment is Accounted to Lead the Glass Curtain Wall Market
7.3 Public
7.3.1 The Need for Structural Strengthening, Protective Coating, and Protection of Public Buildings Drive the Market for Glass Curtain Wall
7.4 Residential
7.4.1 Aesthetic Appeal, Durability, and Protection of Residential Buildings From Extreme Weather Drives the Market for Curtain Walls System
8 Glass Curtain Wall Market, By Region
9 Competitive Landscape
9.1 Overview
9.2 Competitive Leadership Mapping
9.3 Competitive Scenario
10 Company Profiles
10.1 Nippon Sheet Glass
10.2 Asahi Glass
10.3 Central Glass
10.4 Saint-Gobain
10.5 Guardian Industries
10.6 Avic Sanxin Co., Ltd
10.7 Schott AG
10.8 China Glass Holdings Limited
10.9 Vitro
10.10 Xinyi Glass Holdings Limited
11 Additional Company Profiles
11.1 Arconic
11.2 Apogee Enterprises Inc.
11.3 Yuanda China Holdings Limited
11.4 Kalwall Corporation
11.5 Heroal
11.6 Hansen Group Ltd.
11.7 Commdoor Aluminum
11.8 Schuco
11.9 Permasteelisa
11.10 Gutmann
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