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The Curtain Wall Market in China is estimated to grow at a CAGR of 15.02% between 2022 and 2027, and the size of the market is forecast to increase by USD 22,318.49 million. The growth of the market depends on several factors, such as the increasing construction volume of eco-friendly buildings, the growth of the construction sector, and the rising need to conserve energy.
This report extensively covers market segmentation by product (unitized, stick-built, and semi-unitized) and end-user (commercial buildings, public buildings, and high-end residential buildings). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Curtain Wall Market Customer Landscape
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing construction volume of eco-friendly buildings is the key factor driving the China curtain wall market growth. A large amount of energy is consumed in the construction of various activities in the building. Buildings also contribute to higher greenhouse gas (GHG) emissions than the transportation sector. Buildings continuously consume energy from the environment without replenishment, but the constant depletion of energy creates a need to reduce building energy consumption. Environmentally friendly buildings are ergonomically designed to use minimal energy. Such buildings provide efficient use of energy. By-products from these buildings can also be recycled. Technavio forecasts that the demand for green buildings in China will increase significantly during the forecast period due to growing concerns about climate change.
China is one of the top countries in terms of greenhouse gas emissions. To meet this challenge, the Chinese government has started to focus on building green buildings. The government aims to make about half of all new buildings built energy efficient and sustainable. Green buildings use building materials such as curtain walls as the outer shell of the overall structure. Curtain walls help control light and temperature, reduce electricity/energy consumption, and are highly energy efficient. Hence, increasing the construction of green buildings will boost the growth of the China Curtain wall market during the forecast period.
The advent of solar curtain walls and LED glass display curtain walls will fuel the China Curtain wall market growth. A solar facade is a glass panel loaded with organic solar cells. Such a curtain wall can be lifted and exposed to direct sunlight to recharge the battery. This technology is called building-integrated photovoltaics (BIPV) and is expected to become a significant trend for curtain walls. The developers of this technology primarily saw it as an alternative to roof solar panels. Although BIPV technology was invented several years ago, it has not been used commercially due to its high production cost and its tendency to fail after long-term use due to technical issues such as battery and panel failure.
However, advances in technology have significantly reduced the cost of such cells. Therefore, they are now manufactured on a commercial scale. Vendors are also developing light-emitting diode (LED) glass curtain walls that can be used for advertising purposes. For example, display façade manufacturer China Fangda Group offers LED color display facades for commercial buildings. Hence, the emergence of solar curtain walls and LED glass display curtain walls is one of the key trends driving the growth of the China Curtain wall market during the forecast period.
Complications related to the design and installation of curtain walls can majorly impede the growth of the market. Curtain wall design requires complex engineering that requires skilled labor, technologically advanced equipment, and large investments. Curtain wall façades are designed after electrical, plumbing, and structural work has been completed. Electrical and plumbing work is completed first so that the section through the curtain wall structure is managed without impacting the building. For example, changes in electrical or plumbing may require the curtain wall to be reinstalled. Also, incorrect reinstallation can cause problems such as water leaks and fire hazards. It should also be designed for optimal utilization of sunlight in order to minimize energy consumption. However, there is a shortage of trained and experienced designers who can professionally perform all these tasks.
Improper installation of the curtain wall can lead to problems such as water leakage and damage to the structure of the building. Highly qualified and experienced personnel to properly install curtain walls are either limited or the cost of hiring such personnel is prohibitive. Therefore, issues related to curtain wall design and installation will pose a major challenge for vendors during the forecast period.
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Asahi India Glass Ltd: The company offers different types of curtain walls, especially uPVC curtain walls. It is also involved in manufacturing and selling high-quality glasses.
Compagnie de Saint Gobain: The company offers different types of curtain walls, especially SCG cool lite skin and SCG cool lite ST150.
We also have detailed analyses of the market’s competitive landscape and offer information on 11 market vendors, including:
The report offers clients a deeper understanding of the market and its players through a combined qualitative and quantitative analysis of the vendors. The analysis classifies vendors into categories based on their business approach, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak to understand the dos and don’ts of business which in turn can help a client make the best decision.
The unitized segment will contribute a major share of the market, as a unitized curtain wall system is the most efficient way to build walls. The unitized segment showed a gradual increase in the market share with USD 8,515.85 million in 2017 and continued to grow until 2021. The unitized curtain wall systems consist of a lens supported by an aluminum frame made from pre-assembled units. The modular façade system is easy to install as you just place and fasten it. They are manufactured in factories and transported to construction sites, where they are lifted using forklifts or aerial work platforms and held in position by skilled personnel to be secured to the building structure.
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A unitized curtain wall system consists of vertical elements called mullions and horizontal elements called transoms. Such elements surround opaque glazed panels to form a complete modular curtain wall assembly. Unlike alternatives such as curtain wall systems, unitized curtain wall systems have independent frames for each unit that uses each mullion and transom half at the junction between two adjacent curtain wall units. The flexibility of unitized curtain wall systems is limited compared to rod-structured curtain wall systems. Unitized curtain wall systems are therefore suitable for the construction of buildings featuring a high degree of modularity. It is difficult to install a unitized façade system on buildings with complex shapes. However, several vendors are focusing their research and development efforts on creating unitized curtain wall systems that incorporate the benefits of off-the-shelf components. Such systems have the design freedom to meet complex design geometry requirements. Using such a system ensures energy efficiency, sound insulation, fire protection, and weather resistance and reduces maintenance costs. Therefore, the unitized segment is expected to drive the growth of the market during the forecast period.
Rapid urbanization has increased the demand for commercial public infrastructure for socializing. Therefore, the demand for curtain walls in China is increasing. Rising consumer spending on entertainment areas such as movie theaters and shopping malls is driving the growth of China's commercial real estate market. Construction of commercial buildings such as retail stores, lifestyle centers, and shopping malls has also increased significantly in recent years since 2016. China's luxury market is recovering and growing strongly due to increased consumer demand. The country is now a preferred destination for international luxury brands such as Coach, Kate Spade, Furla, and Michael Kors, who have set up several retail outlets. Demand for such commercial buildings is expected to increase due to the increasing disposable income of the middle-class population. As such, the commercial real estate market is growing in cities such as Shanghai, Beijing, Guangzhou, Shenzhen, and Chengdu. Demand for commercial skyscrapers is also increasing in some cities. With the growing need for offices, business centers, and luxury hotels, there is a growing demand for skyscrapers that will redefine the skylines of China's major cities. Many office buildings and business centers in China have adopted visible frame curtain walls in their buildings to improve the aesthetics of their office spaces. Exposed frame curtain walls are used in most buildings due to their flexible design and advanced construction techniques. Therefore, rising demand for such types of curtain walls in China is expected to drive the commercial buildings segment during the forecast period.
The curtain wall market report in China forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Curtain Wall Market Scope in China |
|
Report Coverage |
Details |
Page number |
131 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.02% |
Market growth 2023-2027 |
USD 22318.49 million |
Market structure |
Concentrated |
YoY growth 2022-2023(%) |
14.56 |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Asahi India Glass Ltd., Compagnie de Saint Gobain, Guangzhou TopBright Building Materials Co. Ltd., Hainan Development Holdings Nanhai Co., Ltd., Jangho Group Co. Ltd., Koch Industries Inc., Nippon Sheet Glass Co. Ltd., Permasteelisa Spa, SCHOTT AG, Shanghai Meite Curtain Wall Co., Ltd., Vitro SAB De CV, Xinyi Glass Holdings Ltd., and Yuanda China Holdings Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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