Construction

Aluminum Curtain Wall Market To Set Healthy Growth Due to Rising Demand From Unitized Sector Till 2025

10 May 2019: Global Aluminum Curtain Wall Market is expected to reach USD 53.2 billion by 2025. Curtain Wall is termed as a thin, mainly aluminum-framed wall that comprises in-fills of glass, thin stone, or metal panels to take care of interior from the elements and create a safe and comfortable work environment for the building occupants. These curtain walls carry their own weight. The wall helps to transfer wind loads to the main building structure at connection points of building, which is also known as main wind force resisting system (MWFRS). It is mainly planned to resist water and air infiltration, and influence created by seismic and wind forces. The Aluminum Curtain Wall Market is estimated to grow at a significant CAGR of 7% over the forecast period as the scope and its applications are rising enormously across the globe.

Aluminum Curtain Wall

Increasing government initiative to construct eco-friendly buildings, recognize and promote green brands, increasing disposable income, and rapid urbanization in developing countries are documented as major factors of Aluminum Curtain Wall Market that are estimated to enhance the growth in the years to come. Aluminum Curtain Wall Market is segmented based on type, application, and region.

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Unitized, stick-built, and semi-unitized are the types that could be explored in Aluminum Curtain Wall in the forecast period. Unitized sector accounted for the substantial market share and is estimated to lead the overall market in the coming years. Also, the sector is estimated to grow at highest CAGR in the upcoming years. This may be because of low labor and installation cost and reduced site operations. Moreover, stick-built sector is estimated to grow at fastest pace in the coming years.

The market may be categorized based on applications like residential, commercial, and others that could be explored in the forecast period. The commercial sector accounted for substantial market share of Aluminum Curtain Wall and is estimated to lead the overall market in coming years. This may be because of growing disposable income as raised spending on consumer goods and high demand for retail spaces. In addition, residential sector is estimated to grow at significant CAGR in the coming years.

Globally, Asia Pacific accounted for the substantial market share of Aluminum Curtain Wall and is estimated to lead the overall market in coming years. The regional market is estimated to grow at significant CAGR over 10% in the years to come. The reason behind the overall market growth could be rising construction industry, government initiative for development of infrastructure sector, and presence of key manufacturers in the region. The developing countries like India, Japan, and China are the major consumers of Aluminum Curtain Wall in the region.

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Instead, Europe and North America are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, North America is estimated to grow at moderate pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise rising disposable income and high demand for sustainable curtain walls for advancing moisture resistance and diminishing pollution in high drizzle areas.

The key players of Aluminum Curtain Wall Market are Kawneer Company, Inc., Alumil Aluminium Industry S.A., HansenGroup Ltd., EFCO Corporation, and GUTMANN AG. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Metals & Minerals

Aluminum Casting Industry Demand, Shares and Key Players(Alcoa Co., AlcastHQ Ltd., Ryobi Tools Ltd., Dynacast International) by 2025

The global Aluminum Casting Market size is expected to value at USD 97.36 billion by 2025. The market is subject to witness a substantial growth due to rise in the adoption of aluminum in automobile sector by substituting heavy metals such as iron and steel. In addition, increasing adoption of aluminum metal in building & construction industry is anticipated to boost demand of market during the forecast period. Globally, the market is predicted to grow at CAGR of 7.8% in forecast period, providing numerous opportunity for market players to invest for research and development in the aluminum casting market.

Aluminum Casting

Wide popularity of aluminum casting among various industries is credited to its exclusive features such as high strength and it’s lightweight. Constant demand from automotive industry for vehicle manufacturing in order to enhance fuel efficiency and limit carbon dioxide emission is key driver for the growth of the aluminum casting market in recent years. One of the widely popular segment of the aluminum casting market is die casting. Increasing adoption of the die casting in the automotive industry is due to factors such as high efficiency, and its ability to mold dry cast into any of shapes and size during the casting processes.

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Aluminum casting has become vital during production of vehicle parts similar to engine cylinders, engine blocks, gears boxes, rims, and wheel spacer. Increasing demand from automotive and transport industry are expected to fuel growth of the aluminum casting market in coming years. Furthermore, increasing demand for lighter vehicle and improved fuel efficiency by end-user is expected to trigger growth of the aluminum casting market over the forecast period. Aluminum is ideal substitute for heavy metal such as iron and steel as it limits emission of carbon dioxide into atmosphere. Increasing demand form building & construction sector is further attributing to the expansion of aluminum casting market.

The die casting is considered as one of the fastest growing segment in the aluminum casting market with highest revenue generation in last few years. Rising demand from automotive sector and numerous advantages of die casting are major driver for the growth of the die casting market segment. The die casting offers high strength to the automobile parts as no additional of welding is needed. Lower cost and ease of operation during manufacturing are further amplifying demand of the die casting market segments.

Aluminum castings offers numerous benefits such as ability to mold to any net shape, maximizing the overall manufacturing output with minimum resources for further processing. Such advantages are important in end-user industries. Aluminum casting is a process in which aluminum is melted inside of a furnace or ladle then added into a deep mold, commonly made from sand or other material. During the casting process, a sand mold is used only one time while the aluminum mold or a die can be used multiple times to achieve exact shape of casting material. Aluminum is one of the widely utilized casting metal. With the adoption of latest methodologies such as pressure die-casting, permanent die-casting, sand die-casting, plaster die-casting and investment casting are utilizing less quantity of aluminum in comparison with traditional casting processes.

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The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America and European region have shown major growth in recent years owing to stringent laws and regulation regarding excess of carbon emission, and existence well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the aluminum casting market with massive growth in forecast period. Countries such as India and China are leading the Asia-Pacific market with easy availability of cheap and skillful labor coupled with increasing invest by prominent industry players considering potential opportunities in the region.

The key players in the aluminum casting industry are Alcoa Co., AlcastHQ Ltd., Ryobi Tools Ltd., Dynacast International, Inc., Consolidated Metco, Inc., Martinrea Honsel Inc., and Gibbs Die Casting Co.

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News, Packaging

Aluminum Foil Packaging Market Consumption, Trends and Competitive Analysis Forecast by 2017-2022

Global Aluminum Foil Packaging market is expected to display higher growth CAGR in the forthcoming years. Aluminum foil has extensive uses ranging from restaurant take-away foods to high-end computer peripherals and right from exquisite pens to spacecraft insulation aluminum foil packaging is leading in all business fronts to take cognizance of this booming and understandably large business opportunity.

An aluminum foil is produced by rolling aluminum slabs cast from molten aluminum in an aluminum mill to desired thickness. aluminum foil is used extensively in applications ranging from food and pharmaceuticals to aseptic packaging that does not deem necessary storage of perishable goods by refrigerating that adds to growth of aluminum foil packaging market.

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Aluminum foil prevents dust or ingress from seeping into interior of product and is a strong barrier to rancid taste. It also ensures that product flavor does not harmonize with atmosphere while retaining fragrance and malleability is also assured. Food preservation and retention is much higher in aluminum foils and is one way of extending life of foodstuffs. Market growth for Aluminum foil packaging is enhanced in areas such as insulation, food preparation, electronics and geochemical sampling, art and decoration. Food preparation makes use of aluminum in packing softer sections of meat and poultry to pre-heat and prevent overcooking adds to the growth of aluminum food packaging market.

Going forward, aluminum foils is increasingly being associated with thin films for packaging coffee, tuna and soups to pack products that expand and contracts, a feature of aluminum foils that is very popular. Food-stuffs retain their innate properties until re-hydrated. These manifold characteristics put aluminum foils packaging to good use. Features adding to growth of aluminum foils include food grade materials, NC lacquer coating, multicolor printing options, sun dot line printed, gold and color foils. Aluminum foil essays complete growth due to laminates finding easy applications in pouches, tubes and sachets and tamper evident closures. Aluminum foil packaging market is segmented by foil type into printed and unprinted. Based on applications the segmentation for aluminum foil packaging industry comprises food packaging, beer bottleneck, butter and cheese, chocolate and kitchen foils.

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By thickness, aluminum foil packaging market is segmented into 7 mm to 0.09 mm, 9mm to 0.2mm, 2mm to 0.4 mm. By application, segmentation for aluminum foil packaging market includes food, dairy, bakery, confectionary, ready-to-eat, others, beverages, pharmaceuticals, personal care and cosmetics. By end-user, segmentation for aluminum foil packaging market includes bags and pouches, wraps and rolls, blisters, lids, laminated tubes and trays. The key industrial players include united Company Plc, Alcoa Corporation, Ess Dee Aluminum Ltd., Novels inc, Alufoil Products Pvt Ltd. and Nicholl Food Packaging ltd.