Curtain walls are highly transparent façade sections made mostly of glass and used to cover the exterior of buildings. They provide protection from external elements like sun, rain, and wind, while also offering excellent thermal insulation. The key advantage of curtain walls is that they allow ample natural light to pass through while maintaining indoor comfort levels. The growing commercial real estate sector across the world has fueled the demand for curtain walls as they are a popular choice for cladding office buildings, shopping malls, hotels, and other commercial spaces.
The curtain walls market is estimated to be valued at USD 50.9 Bn in 2024 and is expected to reach USD 85.80 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.74% from 2024 to 2031.
Growth of commercial real estate sector is a key driver for the Curtain Walls Market. Rising commercial and office construction projects across both developed and developing regions are driving the adoption of curtain wall systems. According to real estate services firm CBRE, the value of global commercial real estate market was estimated at $10.4 trillion in 2020 and is forecasted to grow at a steady pace. The continuous growth of commercial spaces and the need for sustainable and aesthetically appealing building designs have augmented the demand for curtain walls solutions globally.
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