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Aluminum Curtain Wall Market - Global Industry Size, Share, Trends, Analysis and Forecast 2019 – 2023
The global aluminum curtain wall market has been segmented on the basis of type and application. On the basis of type, the market has been classified into stick-built, semi-unitized, and unitized. Application segment is further sub-segmented into residnetial, and non-residential.
Based on type, the market has been bifurcated into stick-built, semi-unitized, and unitized. Unitized segment accounted for the largest market share in 2017. The reason is attributed to factors such as better-quality control, efficient infiltration, and less installation time. Low labor cost, increased energy efficiency, and high reliability are other features associated with unitized type. This is expected to drive the segment during the forecast period.
Based on application, the segment is classified into residential, and non-residential. The commercial segment was the dominant segment in 2017. The reason is attributed to the rapid expansion of multi-national companies and manufacturing units. This has further resulted in the construction of more office spaces, along with allied manufacturing units. Furthermore, this is backed by increased spending by the corporates on various developments. This in turn has generated lot of demand for aluminum curtain wall in the commercial segment. Hence, commercial segment is projected to contribute significantly over the forecast period.
Key players include ALUMIL (Greece), Enclos Corporation (US), GUTMANN AG (Dubai), HansenGroup Ltd. (UK), Aluplex (India), Josef Gartner GmbH (Germany), Alutech Systems Ltd (UK), EFCO Corporation (US), Heroal (Germany), HUECK System GmbH & Co. KG (Germany), and Kalwall Corporation (US). The global aluminum curtain wall market is highly competitive with many players, across the globe. The players adopted various strategies to expand their global presence and increase their market shares. Some of the key strategies adopted by the players include new product developments in terms of advanced material, mergers, and acquisitions, along with strategic partnerships, and collaborations.