The global aluminum window profile market was valued at US$ 698.41 Million in 2017, according to Aluminum Window Profile Market Report, by Aluminum Profile Type (L Type, T Type, and Others), by Window Type (Awning Windows, Hopper Windows, Sliding Windows, Fixed Windows, Single-Hung Windows, Double Hung Windows, and Casement Windows), by Application (Residential, Commercial, and Industrial), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa), published by Coherent Market Insights.
The global aluminum window profile market is projected to reach US$ 991.34 Million by 2026, exhibiting a CAGR of 4.2% during the forecast period. The escalating consumption of aluminum by the construction and building industry is fueling growth of the aluminum window profile market. For instance, as per Niti Aayog, in 2017 global aluminum consumption was 88 million tons, out of which construction sector consumed 19 million tons. Aluminum windows are preferred in construction sector, owing to various benefits such as reduced heat effect, durability, lightweight nature, and smoother opening and closing of windows.
However, use of aluminum windows causes heat loss and interior condensation, which is expected to restrain growth of the aluminum window profile market.
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