Door and window frame market to surpass $130 billion by 2024
Date: 2018-09-28   Author: Rahul Varpe  Category: #market

Speaking of which, some of the renowned players in window and door frame market are Pella, Schüco, YKK Corporation, Andersen Corporation, Sapa Building Systems, Eurocell, PGT, Reynaers, Atrium Windows & Doors, and Corialis.

Nowadays, energy efficient windows and doors have been gaining mass popularity across myriad geographies, most prominently in the U.S. and some of the member nations of the European Union. Taking into account the growing deployment of energy efficient windows and doors, manufacturers in window and door frame industry have been striving to develop a wide portfolio of energy efficient frame styles with the appropriate materials. Additionally, they have been investing heavily to improve material performance in order to render weather resistance to the product.  

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One of the most acclaimed companies partaking in Germany window and door frame market share, Profin Group, has recently inaugurated its new plant in India and aims to make an investment of INR 100 crore in the project, in a bid to boost its production capacity. With the establishment of this plant, the production capacity of the company has increased by 2,000 tons. Profin’s move demonstrates that the adoption of the facility establishment and expansion strategy is likely to have a massive influence on window and door frame industry share.

Speaking along similar lines, India has of late emerged as a major hub for the growth of uPVC based window and door market, given the extensive demand for the product across the expanding residential and commercial arenas. Major window and door frame market giants have also been resorting to establishing partnerships with raw material manufacturers, to further strengthen their position in the business. Masonite International Corporation for instance, recently acquired the U.S. based wholesaler and manufacturer of commercial and architectural wood and doors, A&F Wood Products, Inc.

As the world treads on the path of renewable energy source adoption, energy efficient windows have been emerging as the next viable option for space heating and cooling. In U.S., a major percentage of the populace has been on a renovation spree, replacing traditional windows with energy efficient ones, to avoid high maintenance costs pertaining to the former. Thus, the surging number of refurbishment activities for enhancing thermal comfort, shelf life, cost effectiveness, and reducing energy usage is likely to fuel U.S. window and door frame market trends over the years ahead.

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Currently, the automotive and aerospace sectors have been witnessing a paradigm shift in terms of window manufacturing. Owing to the shifting trends toward the adoption of fuel efficient vehicles, automakers and aircraft manufacturers have been looking forward to developing eco-friendly and light weight frames. The latter demands the usage of uPVC material pertaining to better thermal insulation capability and less weight density as compared to aluminum, which would also augment uPVC based window and door frame industry outlook.

In order to keep abreast of the escalating technological developments such as the Internet of Things and augmented reality, major companies partaking in window and door frame market share have been focusing on the customization of products. Andersen Windows’ E-Series, for instance, comprise a line of windows that can be personalized in a number of colors, patterns, or shapes. The adoption of luxury lifestyles pertaining to the increased per capita income of consumers, will thus, increase the demand for innovative door and window frames, which would subsequently have an impact on window and door frame market size, slated to generate a revenue of more than USD 130 billion by 2024.



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Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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