Aluminum Window Profile Global Market Growth

Release time:2023-04-28

The aluminum window profile’s global market has grown significantly over the past few decades due to rising urbanization, increased demand for energy-efficient buildings, and increased construction projects in most emerging economies. Additionally, aluminum is versatile, making it easier to construct window profiles.

The metal is durable, lightweight, and corrosion-resistant, making it perfect for making curtain walls, facades, windows, doors, and other applications. Using Aluminum in construction dates back to the early 1900s. However, it wasn’t until the mid-1950s that more people began using aluminum window profiles.

Aluminum window profiles have gained more popularity since, increasing demand from several end users, including commercial, industrial, and residential construction. Additionally, market research estimates aluminum window profiles experiencing increased market growth in the coming years.

How do the numbers add up?

According to market research conducted by Zion Market Research, the global aluminum window profiles’ 2017 market was estimated to be approximately USD 24.8 billion, and stakeholders expect it to reach about USD 32.6 billion in 2024. This forecasts an approximate CAGR of 4.0% between this period (2018-2024).

Factors promoting the growth of the global aluminum window profile market

Energy-efficiency

Increasing demand for energy-efficient buildings is a primary driver boosting global market growth for aluminum window profiles. The current global need for climate change, greener practices, and the decision to limit greenhouse emissions creates a significant need to construct environmentally friendly and energy-efficient buildings.

Aluminum metal is a great option for constructing efficient and reliable doors and windows because of its high thermal conductivity and provides sufficient insulation and heat transfer. 

The windows help reduce energy costs by minimizing heat gain or loss. This property also helps reduce a building’s carbon footprint.

They are also a good choice for constructing windows because they are strong, lightweight, and durable. Additionally, thermal break coatings can be added to the window profiles to improve the property’s insulation.

Increase in construction activities

The rise in construction activities, especially in growing economies, has also contributed to the growing global use of aluminum window profiles. The construction industry is aluminum window profiles’ most significant consumer and is directly linked to the market. Urbanization and increased population have led to a higher demand for commercial buildings and housing, causing a higher demand for aluminum window profiles.

Growing popularity

Aluminum window profiles have grown in popularity boosting their global demand. This has led to increased sales in the global market. Many people like aluminum because it’s lightweight, durable, and corrosion-resistant. It requires minimal maintenance and is recyclable. These features make manufacturing and using aluminum window profiles the ultimate option for individuals looking for window profiles with excellent flexibility and versatility.

Versatility

The ease with which companies can manufacture aluminum window profiles also plays a massive role in their growth in the global market. Manufacturing aluminum window profiles is easier than all other profiles, which, added to its other advantages, makes them a preferred option for constructing houses and commercial buildings. As such, there has been an increased demand for aluminum window profiles for most construction projects requiring greener and more modern buildings.

Regional demand

The aluminum window profile’s global market is divided into Africa, the Middle East, Asia Pacific, Europe, Latin America, and North America. Asia Pacific has the highest demand for aluminum window profiles, accounting for 50+% of the global market. 

We can attribute this to urbanization, increased population, and expanded construction projects in India and China. Europe and North America are also part of the considerable market demanding aluminum window profiles due to their rising popularity and the increasing need for energy-efficient windows.

Competitive landscape

The global market competes for aluminum window profiles, with many players vying for profits. Some key players include JMA Aluminium Profile Factory, Schuko  International, Spa Building Systems, Ponzio Srl, Reynaers Aluminum, YKK Corporation, etc. 

The players, including JMA Aluminum Profile Factory, aim to make product innovations and strategic partnerships and expand their production capacities. Doing this helps solidify their market position and provide a competitive advantage.

Conclusion: Aluminum Window Profile Global Market Growth

Aluminum window profiles have grown considerably in the recent past and are predicted to grow more popular, and experience increased demand in the coming decades. This will be driven by increased demand for energy-efficient windows, the growing popularity of aluminum window profiles, and an increase in construction services.