A glass curtain wall is a system of bonding glass to a building’s structure with the help of a metal frame and a high-strength and high-performance silicone sealant. These systems are mostly aluminum-framed thin walls and contain in-fills of glass or other metal panels.
Curtain walls specifically designed for industrial, and construction applications.
Along with a smooth exterior glass facade on buildings, they also provide an attractive architecturally design, day-lighting, and thermal efficiency. MarketsandMarkets projects that 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.
Request Report Sample @ http://bit.ly/2PcvuSR
Based on system, the unitized curtain wall segment is projected to grow at a higher CAGR from 2018 to 2023. The growth of this segment can be attributed to the demand for products offering benefits of easy & quick construction and sound quality. A unitized curtain wall systems is an exterior building façade system, mostly made of an aluminum-framed wall with in-fills of glass, aluminum panels, or other metal panels.
Based on end use, the commercial buildings segment in the glass curtain wall market is projected to grow at the highest CAGR from 2018 to 2023. The need for design flexibility, fitness, environmental protection, as well as durability of the commercial buildings drive the market of glass curtain wall at a global level.
In terms of geographical coverage, the glass curtain wall market is segmented into five regions, namely, North America, Asia Pacific, Europe, the Middle East & Africa, and South America. The Asia Pacific accounted for the largest share in 2017 and is projected to record the highest growth rate during the forecast period, in terms of both value and volume.
The increasing applications of curtain walls in the commercial buildings, public buildings, and residential buildings are projected to drive the glass curtain wall market in Asia Pacific. Furthermore, the growing infrastructure and building & construction industries drive the growth of curtain walls in this region.
Asia Pacific is the hub of foreign investments and booming industrial sectors largely due to the availability of low-cost labor and lands. The increase in demand for glass curtain wall can be largely attributed to the growing infrastructure and building & construction industries. The demand for glass curtain wall is growing rapidly in the region, owing to the high growth in the infrastructure sector for an aesthetic appeal.
The glass curtain wall market is led by major players such as Saint-Gobain (France), Asahi Glass (Japan), Central Glass (Japan), Guardian Industries (US), and Nippon Sheet Glass (US). Expansions, investments, mergers, acquisitions, new product launches, and partnerships are some of the major strategies adopted by the leading players operating in the glass curtain wall market.
Companies such as Saint-Gobain (France), Asahi Glass (Japan), Guardian Industries (US), Nippon Sheet Glass (US), and Vitro (Mexico) adopted these strategies to strengthen their product portfolios, expand their geographical reach, and enhance growth prospects in the glass curtain wall market.
Saint-Gobain is one of the largest companies which designs, manufactures, and distributes building and construction materials such as ceramics, glass, plastics, and fiber cement products. It is one of the leading curtain wall manufacturers.
Strong global presence and the adoption of growth strategies such as acquisitions, partnerships, divestments, and expansions have ensured its leading position in the market. In January 2019, the company opened a new flat glass production line (float) in Sriperumbudur, near Chennai, India.
In July 2017, Saint-Gobain SA acquired TekBond (Brazil), the number two adhesive business operating in the construction sector and automotive aftermarket; and in December 2016, it acquired the entire share capital of the Romanian company Pietta Glass to expand in the facade market.
Asahi Glass (AGC) is one of the leading glass companies and operates in glass products, ceramic products, electronics, and chemicals. AGC’s glass business has captured a major market share for different types of glass products such as decoration, glazing, and glass used for special purposes.
It also offers functional glass, which includes glass used for energy conservation, noise reduction, crime prevention, insulation, and disaster prevention. Its recent expansion aims to expand its product portfolio; its global operations contribute to its position in the glass curtain wall market.
Request to download PDF @ http://bit.ly/2UUIe5Z
In May 2017, Asahi Glass Co., Ltd invested around USD 174.8 million to relocate a float furnace and mirror manufacturing facility from its Jakarta Plant to Cikampek Plant (PT Asahimas Flat Glass). The float furnace for the manufacturing of architectural glass and mass production was scheduled to commence in 2019.
Reference:
https://www.marketsandmarkets.com/Market-Reports/glass-curtain-wall-market-1449510.html?utm_source=blog%2FML
For more Info Visit Blog: https://chemicalsresearchmarket.wordpress.com/blog/
Comentarios