0 likes | 1 Views
Aluminum Door and Window Market to Reach $82.1 billion, Globally, by 2031 at 3.8% CAGR
E N D
Source: Allied Analytics LLP October 17, 2024 09:33 ET Aluminum Door and Window Market to Reach $82.1 billion, Globally, by 2031 at 3.8% CAGR: Allied Market Research The aluminum door and window market has experienced signi?cant growth over the past decade, due to the material's lightweight, durability, and low maintenance requirements. Its resistance to corrosion and ability to enhance energy ef?ciency have made aluminum an attractive choice for both residential and commercial applications. Additionally, advancements in manufacturing technology and the rising trend of sustainable building practices have further fueled demand for aluminum products in modern construction projects. Wilmington, Delaware, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “Aluminum Door and Window Market by Product Type (Window and Door), Mechanism (Swinging, Sliding, Folding and Revolving), And End User Industry (Residential, Non- Residential): Global Opportunity Analysis and Industry Forecast, 2022-2031”. The global aluminum door and window market was valued at $55.8 billion in 2021 and is estimated to reach $82.1 billion by 2031, exhibiting a CAGR of` 3.8% from 2022 to 2031. Prime determinants of growth The aluminum door and window market is primarily driven by the increasing consumer preference for energy-ef?cient and sustainable building materials. Aluminum's lightweight yet durable properties, with its resistance to corrosion, make it an ideal choice for both residential and non- residential applications. In addition, advancements in manufacturing techniques have improved design ?exibility and reduced costs. The growing trend towards modern architecture, which often emphasizes large glass areas and minimalistic designs, further boosts demand for aluminum frames. Moreover, government initiatives promoting eco-friendly construction practices and energy conservation continue to support the expansion of this market segment. Download PDF Sample Copy: https://www.alliedmarketresearch.com/request-sample/A16982 Report coverage & details: Report Coverage Forecast Period Base Year Market Size in 2023 Market Size in 2032 CAGR No. of Pages in Report Segments Covered Details 2021–2031 2021 $55.8 billion $82.1 billion 3.8% 240 Product Type, Mechanism, End User Industry and Region.
Growth of building construction sector. Durability and cost-effectiveness of aluminum doors and windows Drivers Rise in number of home remodeling projects Opportunities Increase in focus on use of sustainable materials Restraint High cost of aluminum doors and windows Increase in popularity of more economical door and window material The window is expected to exhibit fastest growth throughout the forecast period By product type, the window is anticipated to experience faster growth in the aluminum door and window market due to the rise in construction of residential building which is expected to positively in?uence the demand of aluminum windows. Moreover, improving lifestyle of people in general and rise in trend of saving energy by letting in more and more ambient light is expected to drive the demand for aluminum windows. Moreover, manufacturers such as Andersen Corporation, Apogee Enterprises, Inc., and Bradnam's Windows & Doors offer a wide range of aluminum windows. Buy https://bit.ly/3YjZyRN This Research Report (210 Pages PDF with Insights, Charts, Tables, Figures) The sliding segment are expected to exhibit fastest growth throughout the forecast period By mechanism, the sliding segment is anticipated to experience faster growth in the aluminum door and window market. The sliding mechanism is suitable for residential buildings, hotels, of?ces, apartments, big retail outlets, airports, and other building projects. Some of the bene?ts associated with this mechanism include, substantial cost savings and do not take up a larger space. Moreover, increase in popularity of this mechanism among consumers, and rise in new construction and home improvement activities are expected to further boost the market expansion. The non-residential segment is expected to exhibit fastest growth throughout the forecast period By end user, the non-residential segment is anticipated to experience faster growth in the aluminum door and window market due to the rapid rise in urbanization. Moreover, rise in global population has also positively affected the global non-residential building construction. Aluminum doors and windows are widely used in non-residential buildings, owing to their highly desirable features for places witnessing high foot fall of people. Aluminum doors and windows are strong, durable, and easy to maintain. All such features are required by a door and window installed in non- residential buildings, as they are constantly opened and closed. Hence, an increase in investments in non-residential construction projects is expected to drive the growth of the aluminum door and window market.\ Inquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A16982 LAMEA is expected to exhibit fastest growth throughout the forecast period Asia-Paci?c accounted for the highest market share in 2021. However, LAMEA is expected to grow with a highest CAGR during the forecast period. Latin America and Middle East have a large number of developing countries with a huge potential to grow. Many countries in the Middle East are focusing on rapid development of infrastructure for boosting the tourism industry. This creates a demand for hotels, resorts, and other guests’ accommodation; thereby increasing the demand for doors and windows. Players: -
Alupure Alumil Andersen Corporation Apogee Enterprises Inc. Bradnam's Windows & Doors Contractors Wardrobe, Inc. Fenesta Building Systems Fletcher Building Limited Geeta Aluminum Co. Pvt. Ltd. Hume Doors & Timber Pty Ltd. JELD-WEN, Inc. Marvin Windows and Doors Pella Corporation PGT Innovations Ply Gem Holdings Inc. Rustica Hardware YKK AP Inc Key Strategies In December 2021- Alumil launched three new products, namely SΜΑΡΤΙΑ P100 Slim, SMARTIA P200 Slim, and SMARTIA P150 Urban to enhance working circumstances such as privacy, natural sunlight, and overall appearance. In July 2021- Alumil developed an advanced sliding aluminum window (S650e-Motion) that operates with electric motion. The report provides a detailed analysis of these key players in the global aluminum door and window. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. Trending Reports Residential Wooden Doors Market Size, Share, Competitive Landscape and Trend Analysis Report U.S. Barn Door Hardware Market Size, Share, Competitive Landscape and Trend Analysis Report Fiberglass Doors Market Size, Share, Competitive Landscape and Trend Analysis Report India Fire Rated Metal Doors Market Size, Share, Competitive Landscape and Trend Analysis Report North America Doors Market Size, Share, Competitive Landscape and Trend Analysis Report Plastic door and window market Size, Share, Competitive Landscape and Trend Analysis Report Smart Door Locks Market Size, Share, Competitive Landscape and Trend Analysis Report
About us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and con?rms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top of?cials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and of?ine research and discussion with knowledgeable professionals and analysts in the industry. Contact us: Wilmington, Delaware 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com Construction Blog Construction Article Construction Material Article