The latest report by IMARC Group, titled “Glass Curtain Wall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global glass curtain wall market size reached US$ 54.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 80.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.
A glass curtain wall is a building facade system comprised primarily of glass panels that are used to enclose and protect the interior of a structure while allowing natural light to permeate the space. It creates a seamless, transparent envelope around a building, which is typically non-structural as it doesn’t support the building’s weight and is supported by the building’s internal structure. It enables architects to achieve striking, uninterrupted views and a visually pleasing exterior. Additionally, modern curtain walls are engineered to provide excellent thermal insulation, reducing the reliance on artificial heating or cooling systems, which saves on energy costs and contributes to a more sustainable and eco-friendly building design. It offers flexibility in terms of customization and can be designed in numerous shapes and sizes, allowing architects to create unique and iconic structures. Nowadays, advancements in glass technology have led to the development of self-cleaning and energy-efficient glass coatings, further enhancing the performance of these systems.
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Glass Curtain Wall Market Trends and Drivers:
The glass curtain wall market is primarily driven by the increasing demand for aesthetically pleasing and innovative building designs. In addition, architects and developers are turning to glass curtain walls for their ability to create visually stunning and modern facades, thus influencing market growth. Moreover, the growing emphasis on sustainability and energy efficiency in construction led to the adoption of glass curtain walls, representing another major growth-inducing factor. Also, several advancements in glazing technologies made it possible for these walls to offer excellent thermal insulation and daylight harvesting properties, which enhances the comfort of occupants and reduces energy consumption, making them an attractive choice for environmentally conscious builders and augmenting the market growth. Besides this, several advances in glass manufacturing and curtain wall systems made these solutions more cost-effective and versatile, with improved glass coatings, frames, and installation techniques, accelerating the product adoption rate. Furthermore, the extensive use of glass curtain walls allows abundant natural light to enter buildings, creating a bright and open interior environment that is desirable for commercial and residential spaces while reducing the need for artificial lighting during the day, further propelling the market growth.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- AGC Inc.
- Apogee Enterprises Inc.
- AvicSanxin Co. Ltd
- Central Glass Co. Ltd.
- China Glass Holdings Limited
- Guardian Industries (Koch Industries Inc)
- Hansen Group Ltd.
- Nippon Sheet Glass Co. Ltd
- Schott AG
- Xinyi Glass Holdings Limited.
The report has segmented the market on the basis of Offering, Product, Application, End-Use, and Region.
Breakup by System Type:
Breakup by End Use:
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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