05-Mar-2021 | Zion Market Research
As per the market research analysis carried out by Zion Market Research, the glass curtain wall market value has probably reached around USD 49 billion in 2019 and is likely to propel at about 10.8% CAGR to surpass approximately USD 90 billion by 2025. The market elevation is tightly based on the variation in the demand for power-saving facade systems and the implementation of stringent environmental regulations. Moreover, the rise in construction projects’ count is likely to boost the glass curtain wall market expansion throughout the projection period.
Well-established key players are effectively upholding the global market. Some of the leading contenders operating in the glass curtain wall market are Saint-Gobain, Central Glass, Nippon Sheet Glass, Schott AG, Vitro, Asahi Glass, Guardian Industries, AVIC Sanxin Co., Ltd, Xinyi Glass Holdings Ltd, and China Glass Holdings Limited.
Saint Gobain Appears To Be Holding Major Share In The Global Glass Curtain Market
Saint-Gobain, a French multinational corporation, is among the largest companies manufacturing, designing, and supplying construction and building materials such as glass, fiber cement, plastic, and ceramic products. Through the execution of various strategies such as collaboration, acquisition, and geographical expansion, the company has achieved a dominant position in the global market.
In January 2019, the company introduced a new float glass production line in Tamil Nadu, India. In July 2017, it procured one of the leading suppliers of adhesives, sealants, sprays, and masking tapes in Brazil, TekBond.
The report illustrates the global market growth and performance by segmenting it into different categories on the basis of system, end-use, and region. Based on the system, the global market is segmented into stick and utilized systems. Based on the end use, the market is bifurcated into public, commercial, and residential sectors.
The Unitized Glass Curtain Wall Market To Witness Humungous Surge During Projected Period
The rising demand for unitized glass curtain walls specifically in the commercial sector is the key reason pushing the growth of this segment. These curtain wall systems provide external glassy and premium look to the buildings. Moreover, the major share of revenue generated through the glass curtain wall market would be from the commercial buildings segment and is likely to grow at a remarkable CAGR between 2019 and 2025.
The Glass Curtain Wall Market In The Asia Pacific Region To Expand At A Highest RateThe significant development in the Asia Pacific’s infrastructure sector is likely to be the key reason behind the surge of the glass curtain wall market in this region. The Asia Pacific is the landmark for foreign investment and establishment of industrial sectors, as the land cost and labor charge are quite reasonable in the particular region. The region is anticipated to dominate in terms of both volume and value in the market.
Browse the full “Glass Curtain Wall Market - By Type (Unitized Curtain Wall And Stick Curtain Wall), By End-Use (Residential, Commercial, And Public), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/glass-curtain-wall-market
The global glass curtain wall market is segmented as follows:
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