Post Time:Dec 11,2020Classify:Industry NewsView:1055
The glass curtain wall market is expected to grow by USD 14.08 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the glass curtain wall in optimistic, probable, and pessimistic forecast scenarios.Technavio has announced its latest market research report titled Global Glass Curtain Wall Market 2020-2024 (Graphic: Business Wire)
The glass curtain wall market will witness negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to decrease as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
Major Three Glass Curtain Wall Market Participants:
AGC Inc.
AGC Inc. operates its business under four segments, which include- glass, electronics, chemicals, and ceramics/other. The company offers glass curtain wall which provides better thermal insulation and transparency of the facade by maximizing the use of insulating glass.
AVIC Sanxin Co. Ltd.
AVIC Sanxin Co. Ltd. operates its business under silica sand, float glass, architectural glass, solar glass, and technical glass segments. The company offers glass curtain wall under its architectural glass product segment.
Central Glass Facade Works Sdn Bhd.
Central Glass Facade Works Sdn Bhd. operates its business under unified segment. The company offers glass curtain wall for residential and commercial buildings.
Glass Curtain Wall Market 2020-2024: Segmentation
Glass curtain wall market is segmented as below:
End-user
Commercial
Public
Residential
Geography
APAC
North America
Europe
MEA
South America
The glass curtain wall market is driven by increasing number of skyscrapers. In addition, other factors such as growing construction market is expected to trigger the glass curtain wall market toward witnessing a CAGR of over 5% during the forecast period.
Source: https://finance.yahoo.com/Author: shangyi