Technavio expects curtain Wall Market in China to reach over $128 billion by 2020

Renewable energy

 

This market research report presents a comprehensive segmentation of the curtain wall market in China by product type (glass, stone, aluminum, composite aluminum, ceramics and terracotta panel, and HPL) and by application (in commercial buildings, public buildings, and residential buildings). The report also provides a market share analysis of the leading companies in the market such as AVIC Sanxin, China Fangda, Jangho, Suzhou Gold Mantis Construction Decoration and Zhejiang Yasha Decoration.

Technavio has released updated information on the home furnishing market, with the publication of its new market research report, curtain wall market in China. The curtain wall market in China is expected to grow at a CAGR of 19% between 2016 and 2020, owing to the growing population and rapid urbanization in this region.

“One of the interesting trends that this market is witnessing is the rising demand for energy-efficient curtain walls. Commercial buildings and large sports arenas are energy intensive and account for more than 50% of the total energy consumption in buildings. Manufacturers have been focusing on developing green buildings and energy-efficient curtain walls to reduce energy and operational costs by using sustainable building materials. For instance, the Beijing Sports University Training Center was constructed using broken bridge aluminum alloy glass curtain walls, which are energy efficient and eco-friendly,” says Soumya Mutsuddi, Lead Analyst, Heavy Industry, Technavio Research.

The market is witnessing the development of unitized curtain walls, which are more consistent when compared to other curtain walls. These curtain walls are lightweight and are easy to install, which speeds up the construction process. They are factory assembled and provide improved resistance to air and water. They easily adapt to modern technological and design concepts. Manufacturers are also opting for unitized systems as they minimize construction expenses and can hold various spandrel systems such as glass and metal panels. They can also accommodate various building movements.

The key players in the curtain wall market in China include AVIC Sanxin, China Fangda, Jangho, Suzhou Gold Mantis Construction Decoration and Zhejiang Yasha Decoration. This is highly fragmented due to the presence of numerous small, medium, and large vendors. Curtain wall manufacturers have been investing in designing, planning, developing, branding, expanding existing facilities, and acquiring new players in the market. Technological innovations play a significant role in driving the market growth. Vendors need to develop new ideas and technologies and stay up to date with emerging technologies to remain competitive in the market.

A more detailed analysis is available in the Technavio report, Curtain Wall Market in China 2016-2020.

We can customize this reports by other regions and specific segments upon request.

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