Global Shipments of Vinyl Windows are Projected to Exceed 200 Million Units by 2022
Increasing Prominence of Energy Efficient Building
Products and Materials to Drive Demand for Vinyl Windows, According to a New
Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Vinyl Doors and Windows market. Global
shipments of Vinyl Windows are projected to exceed 200 million units by 2022,
driven by the increasing prominence of energy efficient building products and
materials, and recovering construction activity.
Vinyl Doors and Windows as
frames contain at least 50% or more of polyvinyl chloride (PVC) material. These
windows are generally manufactured from lineals of PVC that make up the framing
of windows and doors and are later glazed with conventional materials. The
ability of vinyl doors and windows to achieve performances matching that of
aluminum products, coupled with the high energy-efficiency offered by the
material, have contributed to the steady evolution of the market over the
years. Vinyl windows are growing in popularity in new construction and
replacement markets worldwide spurred on by benefits such as efficient thermal
and acoustic insulation capacity, durability, strength, fire and water
resistance, worry-free maintenance, good quality control and testing features,
and lower cost, among others. Vinyl windows are generally priced about a third
less when compared to wood or clad wood windows.
Healthy growth is
projected for vinyl windows in both developed and developing countries, driven
by favorable government regulations that recommend energy efficient building products, and
growing demand for vinyl windows in various colors, patterns and textures from
flexible, rigid, and customized applications. Other important growth drivers
include positive outlook for the global
construction industry; growing investments in infrastructure projects worldwide; rising demand for vinyl
patio doors, favorable demographic trends, and huge opportunities in the retrofit segment driven by the global ‘green’
standards for infrastructure and other statutory requirements. Vinyl
replacement windows are best rated as they are more energy efficient than aluminum
windows and are durable and require low maintenance in comparison to wood
and aluminum windows and do not require on-site finishing, that include
priming, painting or staining costs, which in turn save lot of time and money.
Additionally in industrialized countries, increased energy prices and aging
urban areas would further contribute to sales gains for vinyl replacement
windows in the long run.
As stated by the new
market research report on Vinyl
Doors and Windows, Europe represents the largest market worldwide. Growing
demand for building products that aid in minimizing energy consumption and
maximizing energy efficiency of buildings and stringent energy efficiency
regulations, among others, represent key growth drivers in developed markets.
Asia-Pacific ranks as the fastest growing market worldwide with a projected
CAGR of 7.0% over the analysis period, driven by steady proliferation of
energy-efficient vinyl windows in China and India. Broad economic factors
poised to drive growth in Asia as a whole include rapid urbanization, strong
industrialization, expanding manufacturing/industrial base, growing middle
class population, and government focus on infrastructure development, among
others.
Key
players covered in the report include Anglian Group Plc, Atrium Companies,
Inc., Anderson Corporation, Chelsea Building Products, Inc., Croft, LLC,
Crystal Window & Door Systems, Ltd., Deceuninck N.V., Groupe Lapeyre,
Internorm Fenster International GmbH, Jeld-Wen, Inc., Kaycan Ltd., Kolbe Vinyl
Windows & Doors, Masco Corp., MI Windows and Door, Inc., Okna Windows,
Inc., PGT Industries, Inc., Pella Corporation, Ply Gem Industries, Inc., Royal
Building Products, Southern Shade Window & Door Inc., True Home Value,
Inc., Vinyltek Windows, Weather Shield Manufacturing, Inc., and Weru AG, among
others.
The research report titled
“Vinyl Doors and Windows: A Global Strategic Business
Report” announced by Global Industry
Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of major market participants. The report provides
market estimates and projections for all major geographic markets such as the United
States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and
Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin
America (Argentina, Brazil, Chile, Mexico, and Rest of Latin America), and Rest
of World.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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