The U.S. aluminum curtain wall market size was USD 5.84 billion in 2016. It is expected to exhibit a CAGR of 7.0% during the forecast period.
Aluminum curtain walls are primarily used to provide structural stability and aesthetics to a building. Rising construction-related activities globally are anticipated to the growth of the market over the forecast period. Furthermore, aluminum wall-glazing materials, which are a result of technological innovations, find a widespread adoption in many commercial and residential buildings.
Additionally, a continued migration towards upcoming metropolises has a vital role to play in the development of the market. People are increasingly migrating from the conventional northeastern corridor of metropolises to upcoming megalopolises, such as the Great Lakes and the Midwest, in search of better opportunities.
While cities such as Boston, New York City, and Philadelphia are home to several premium corporate centers, people are also migrating to cities, such as Pittsburgh and Cincinnati, that are closer to Chicago. Migration of people directly impacts the rates of construction in the region, thereby boosting the demand for curtain walls over the forecast period.
The size of the market for aluminum curtain wall in the U.S. will continue to grow as government and private investors continue to allocate more and more budget for construction projects, particularly in the Midwest and the Southeast. Similarly, rising awareness regarding building solutions that can reduce carbon footprint as well as improve aesthetic factor is estimated to benefit the market over the forecast period.
