A glass curtain wall is basically a building covering that is envisioned to oppose the influence of environmental forces, such as wind and to assist only its own weight. It is not intended to support the structural integrity of a building. A glass curtain wall provides robust architectural solutions as well as features to a building. Further, it entirely changes the look of a refurbished or a new building by making a spectacular design influence. Moreover, they are suitable for offices, schools, airports, malls, and other public and commercial buildings. In addition, a glass curtain wall helps in meeting energy conservation necessities of building regulations while lowering building running costs and growing comfort for occupants.
Global Glass Curtain Wall Market: Key Players
The research study includes profiles of leading companies operating in the global glass curtain wall market. Key players profiled in the report include: Schott AG, China Glass Holdings Limited, Nippon Sheet Glass, Saint-Gobain, Central Glass, Vitro, Guardian Industries, Asahi Glass, Avic Sanxin Co., Ltd., Xinyi Glass Holdings Limited, and others.
Drivers for the Global Glass Curtain Wall Market:
According to current market situation, significant rise in the building and construction sector across the globe is the key factors accelerating growth in the global glass curtain market. Moreover, increasing awareness among people to utilize environmentally friendly construction facilities along with the growing popularity of green building has also boosted growth in the glass curtain wall market. Adding further, technological advancements that are taking place in the glass industry along with the growth was seen in commercial and industrial construction activities has further augmented the demand in the global glass curtain wall market.
Opportunities for the Global Glass Curtain Wall Market:
Government investments in the building infrastructure sector is expected to offer lucrative opportunities for the global glass curtain wall market. Also, with a rise in demand for green buildings as well as huge investments made in infrastructural projects especially in developing regions are expected to create ample opportunity in the global glass curtain market.
Restrains for the Global Glass Curtain Wall Market:
However, their high installation costs along with high maintenance might hamper global glass curtain wall market growth. Additionally, strict regulations by the government on carbon emission might deter demand in the global glass curtain wall market. Moreover, unstable and rising prices of metals and other materials are anticipated to restrict the glass curtain wall industry growth during the forecast period.
Region Wise, Global Glass Curtain Wall Market Analysis:
On the basis of region, global glass curtain wall market includes North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Geographically, Asia Pacific is leading the global glass curtain wall market. Significant rise building and infrastructural development in emerging economies is the key reason that made Asia Pacific lead the global glass curtain wall market. Moreover, this demand is increasing due to the growing demand for aesthetic appeal in the infrastructure sector. Adding further, Asia Pacific building and construction sector have attracted a huge sum of money across the globe due to growing industrial sectors, large population base, and availability of land and labor at a low cost. Asia pacific region is followed by North America and Europe.
Covid-19: Impact and Recovery Analysis for Global Glass Curtain Wall Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the financial stability of industries like: glass curtain wall market globally. Most of the industries and businesses like: glass curtain wall market is shifting to manufacturing equipment that can support the covid-19 spread from increasing and spreading. The covid-19 Pandemic has led to the lockdowns all around the world, leading to major industries shutting down temporarily. Due to this, consumers are now purchasing only the essential products, which has led to a decline in the demand for glass curtain wall. Manufacturers of the product are also not operating currently, which has led to a fall in supply as well. It is expected that when the situation becomes normal again, and the industries start operating again, the demand for glass curtain wall will rise too. Also, since the manufacturers are not operating currently, they are involved in creating innovative products, so that when the market is operational again, they can capture a larger share of it. This will lead to a further rise in demand when the situation becomes normal again.
Global Glass Curtain Wall Market: Product analysis
Global Glass Curtain Wall Market: Application analysis
Global Glass Curtain Wall Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East