India Aluminum Curtain Wall Market Outlook

aluminum curtain walls have become the preferred choice worldwide among architects and the construction industry owing to their several advantages such as ease of installation, durability, and cost-effectiveness. they are also available in a range of color finishes, designs, and sizes. india, ridden with the rapid urbanization and population growth has seen a high demand for aluminum curtain walls in its buildings. the rapid growth in the infrastructure and construction industry has been the major driver for the aluminum curtain walls in india. with the growing demand for luxury and aesthetics in homes, government and high-rise buildings, the number of enterprise switching to the curtain walls has increased considerably. the growing industrialization and commercialization have also increased the need for aluminum curtain walls. the government of india is introducing various incentives and policies to promote the use of aluminum curtain walls in projects. this effort is mostly targeted at the domestic production firms, providing them the confidence and assurance, creating a positive outlook for the demand of the same. india’s aluminum industry is presently on the rise with high investments by the industry, especially to substitute the imported products. in the current situation, aluminum producers in india are strategically aiming to focus on the export market, backed by their strong ability to offer the products at competitive prices. such measures are likely to fuel the demand for aluminum curtain walls in india in the coming years. india also ranks among the top five producers of aluminum in the world and has a significant potential to become a major global player. this in turn, is expected to boost the demand for high-grade and quality aluminum curtain walls in the years to come. the intensity of competition within the market has been on the rise due to the government of india’s initiative to promote the make in india program, which will spur the demand for aluminum curtain walls. with all the positive growth prospects and increasing demand for aluminum curtain walls in india, analysts foresee high incremental opportunity for the market in 2018-2032. the research also points out that the market gains momentum in terms of volume sales with an anticipated cagr of 7.2% over 2018-2032.