{"id":40545,"date":"2023-12-13T11:12:39","date_gmt":"2023-12-13T05:42:39","guid":{"rendered":"https:\/\/www.rankaza.com\/blog\/glass-curtain-wall-market-size-share-and-forecast\/"},"modified":"2023-12-13T11:12:39","modified_gmt":"2023-12-13T05:42:39","slug":"glass-curtain-wall-market-size-share-and-forecast","status":"publish","type":"post","link":"https:\/\/www.rankaza.com\/blog\/glass-curtain-wall-market-size-share-and-forecast\/","title":{"rendered":"Glass Curtain Wall Market Size, Share and Forecast"},"content":{"rendered":"<p>The global\u00a0<a href=\"https:\/\/www.fortunebusinessinsights.com\/glass-curtain-wall-market-103912\">glass curtain wall market\u00a0<\/a>size is projected to reach USD 71.14 billion by 2027, exhibiting a CAGR of 7.3% during the forecast period. Increasing foreign direct investment (FDI) in commercial construction projects in developing economies will be a powerful driving force for the market, postulates Fortune Business Insights\u2122 in its report, titled \u201c<strong>Glass Curtain Wall Market Size, Share &amp; Industry Analysis, By Product Type (Stick-built, Unitized and other), By Application (Commercial buildings and Residential buildings), and Regional Forecast, 2020-2027<\/strong>\u201d.<\/p>\n<p><strong>Information Source-<\/strong>\u00a0<a href=\"https:\/\/www.fortunebusinessinsights.com\/glass-curtain-wall-market-103912\">https:\/\/www.fortunebusinessinsights.com\/glass-curtain-wall-market-103912<\/a>\u00a0<\/p>\n<p>Emerging economies in Asia and Africa are growing at a furious pace, which is creating enormous investment opportunities, particularly in the real estate sector, for investors and companies in the developed nations. With a view to attract investments, governments in these countries are simplifying processes and policies to create a friendly investment climate. For example, in India, the central government is contemplating allowing 100% FDI in completed real estate projects amid the COVID-19 pandemic. India already allows 100% FDI via the automatic route in construction development projects. Large investments in commercial and residential construction projects will naturally generate high demand for premium building aesthetics such as glass curtain wall systems, which will fuel the market growth.<\/p>\n<p>As per the report findings, the global market value stood at USD 48.06 billion in 2019. The main highlights of the report include:<\/p>\n<ul>\n<li>Actionable insights into the factors driving, constraining, and shaping the growth of the market;<\/li>\n<li>Comprehensive analysis of the key market segments;<\/li>\n<li>Exhaustive research into the regional developments impacting the market; and<\/li>\n<li>Detailed profiling and careful assessment of the key market players and their strategies.<\/li>\n<\/ul>\n<p><strong><u>Market Restraint<\/u><\/strong><\/p>\n<p><strong>Contracting Construction Activities Worldwide amid COVID-19 to Truncate Growth<\/strong><\/p>\n<p>Construction projects around the globe have hit a rock as governments in several countries have been imposing strict lockdown and social distancing measures to contain the spread of the coronavirus. The UK-based Royal Institution of Chartered Surveyors (RCIS) reported in August 2020 that 25% of construction projects, globally, had come to a halt in the second quarter of 2020, with on-site productivity falling by 12%. Furthermore, the RCIS estimated that overall growth in construction activities was -24% in the second quarter. Projects delays and cancellations look imminent and this will inevitably stymie the glass curtain wall market growth as builders and developers are unlikely to invest in and adopt high-end aesthetics such as glass curtain walls for their constructions. In the residential sector, diminished sentiments and economic downturn, especially in developing nations, will further inhibit investments in costly structural enhancements, which in turn affect the health of this market.<\/p>\n<p><strong><u>Regional Insights<\/u><\/strong><\/p>\n<p><strong>Asia Pacific to Command the Market Share Backed by Strong Growth in Construction<\/strong><\/p>\n<p>Asia Pacific dominated the glass curtain wall market share in 2019, boasting a market size of USD 20.04 billion. The singular reason for the region\u2019s commanding position in the global market is the robust growth of the construction industry in India, China, Thailand, and Vietnam.<\/p>\n<p>The market in Europe is expected to perform impressively as commercial constructions in Eastern European countries are rapidly increasing. In addition, the construction industry in the UK in thriving, bolstering the regional market growth. In the Middle East &amp; Africa region, the market will be led by the rich countries in the Gulf Cooperation Council (GCC), who are looking to diversify their economies by promoting sectors other than oil &amp; gas.<\/p>\n<p><strong><u>Competitive Landscape<\/u><\/strong><\/p>\n<p><strong>Key Players to Capture Commercial Construction Domain with Novel Solutions<\/strong><\/p>\n<p>The booming demand for commercial infrastructures and constructions has created unprecedented opportunities for companies in the glass industry. In order to tap them, key players in this market are developing novel glass curtain wall systems to diversify their offerings to potential customers and maximize revenues.<\/p>\n<p><strong><u>Industry Developments:<\/u><\/strong><\/p>\n<ul>\n<li><strong>April 2020:\u00a0<\/strong>Italy-based Gualini Spa announced that it will be completing the extension project at the Orio al Serio, Italy\u2019s third-largest airport in terms of passenger numbers. Gualini will also be supplying and installing stick curtain walls with external glazed facades to make the building aesthetically pleasing.<\/li>\n<li><strong>April 2019:<\/strong>\u00a0Vitro Architectural Glass installed two solar control low emissivity glass solutions, which are part of the company\u2019s unitized curtain wall systems, in Urban Union, Amazon\u2019s headquarter expansion project in Seattle. The site-built, high-performance glass products are aimed at making the building sustainable and energy efficient.<\/li>\n<\/ul>\n<p><strong><u>List of Key Companies Profiled in the Glass Curtain Wall Market Report:<\/u><\/strong><\/p>\n<ul>\n<li>Central Glass (Japan)<\/li>\n<li>AVIC Sanxin Co., Ltd (China)<\/li>\n<li>Guardian Industries (US)<\/li>\n<li>Vitro (Mexico)<\/li>\n<li>Asahi Glass (Japan)<\/li>\n<li>Saint-Gobain (France)<\/li>\n<li>Xinyi Glass Holdings Limited (Hong Kong)<\/li>\n<li>China Glass Holdings Limited (Hong Kong)<\/li>\n<li>Schott AG (Germany)<\/li>\n<li>Nippon Sheet Glass (US)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The global\u00a0glass curtain wall market\u00a0size is projected to reach USD 71.14 billion by 2027, exhibiting a CAGR of 7.3% during the forecast period. Increasing foreign direct investment (FDI) in commercial construction projects in developing economies will be a powerful driving force for the market, postulates Fortune Business Insights\u2122 in its report, titled \u201cGlass Curtain Wall [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37679,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2451],"tags":[15513],"class_list":["post-40545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-glass-curtain-wall-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.1 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Glass Curtain Wall Market Size, Share and Forecast - Rankaza.com<\/title>\n<meta name=\"description\" content=\"The global\u00a0glass curtain wall market\u00a0size is projected to reach USD 71.14 billion by 2027, exhibiting a CAGR of 7.3% during the forecast period.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rankaza.com\/blog\/glass-curtain-wall-market-size-share-and-forecast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Glass Curtain Wall Market Size, Share and Forecast\" \/>\n<meta property=\"og:description\" content=\"The global\u00a0glass curtain wall market\u00a0size is projected to reach USD 71.14 billion by 2027, exhibiting a CAGR of 7.3% during the forecast period.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rankaza.com\/blog\/glass-curtain-wall-market-size-share-and-forecast\/\" \/>\n<meta property=\"og:site_name\" content=\"High DA, PA, DR Guest Blogs Posting Website - 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