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.

Comments

  1. I think this is a really good article. You make this information interesting and engaging. You give readers a lot to think about and I appreciate that kind of writing.
    New Construction Windows

    ReplyDelete

Post a Comment

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022