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By 2022, the global door and window market is expected to reach $ 282 billion!

By 2022, the global door and window market is expected to reach $ 282 billion!

By 2022, the global door and window market is expected to reach $ 282 billion!
According to a report released by Allied Market Research (AMR), the global door and window market is expected to reach $ 282 billion in 2016-2022! The report said that the global door and window market reached $ 184 billion in 2015 and is expected to reach $ 282 billion by 2022, achieving a compound annual growth rate of 6.3%.
The door and window market will show a gradual development trend in the next few years. Non-residential buildings are expected to achieve higher growth rates globally and make a significant contribution to the development of the door and window market.
The progress of market participants, the increase in residential and non-residential buildings, and the increase in home improvement expenditures have all significantly contributed to the growth of the market. Rapid urbanization and industrialization in Asia Pacific and Africa will also provide lucrative opportunities for the market. However, high-priced packaging of environmentally friendly products is expected to hinder market growth.
The wind of environmental protection has really been very strong recently,
Strictly inspect business licenses, multi-industry production restrictions, rising raw material prices, and various market trends.
All mean that market competition will become more intense!
Some time ago, the Ministry of Environmental Protection, the Development and Reform Commission, the Ministry of Industry and Information Technology and other provinces and cities, as well as Beijing, Tianjin, Hebei and other provinces and cities jointly issued the "Beijing-Tianjin-Hebei and surrounding areas 2017-2018 autumn and winter air pollution comprehensive action plan". The plan proposes that from October 2017 to March 2018, the average concentration of PM2.5 in the Beijing-Tianjin-Hebei air pollution transmission channel "2 + 26" decreased by more than 15% year-on-year, and the number of heavily polluted days decreased by more than 15% year-on-year.
The multi-industry comprehensive production limit and production suspension plan proposes that before November 15, 2017 heating season, Beijing-Tianjin-Hebei and surrounding areas must complete the task of eliminating excess capacity in advance, and 72 units and 3.98 million kilowatts of coal will be completed in the "2 + 26" cities. Units are eliminated, and the coal-fired units to be eliminated shall be separated from electricity or physically cut off from the flue.
At the same time, the iron and steel nonferrous cement industry has limited production and suspended production. In the heating season, steel production in cities such as Tangshan has been limited by 50%, electrolytic aluminum and alumina companies have limited production by more than 30%, and all cement building materials have been suspended.
Unbearable rising raw material prices
Since the second half of 2016, plastics, iron ore, coal, natural rubber and other building materials markets have ushered in a "collective price increase" trend, affecting market nerves. Since 2017, the prices of upstream raw materials have continued to rise, which has caused many manufacturers to suffer.
Environmental storms continue to escalate This year's environmental inspections are the largest and the most severe punishments in history. On August 7th, the Fifth Central Environmental Protection Supervision Team took the lead in Sichuan Province to carry out inspection work, which kicked off the prelude to the fourth batch of Central Environmental Protection Supervision Work. It is understood that eight inspection teams successively carried out inspections from August 7th to 15th, carried out inspections in Jilin, Zhejiang, Shandong, Hainan, Sichuan, Tibet, Qinghai, and Xinjiang (including the Corps), and realized the inspection of all provinces (regions) in the country. , City) inspectors covered.
After a new round of industry reshuffles, companies with backward production capacity and not focusing on energy conservation and environmental protection will be eliminated eventually. Only those companies that focus on green environmental protection and material innovation can survive to divide up this huge $ 282 billion window and door market!
If you want to keep up with the latest developments in the door, window and curtain wall industry, and learn about energy-saving and innovative products at the first time, it is better to come to the 24th National Aluminum Door, Window, and Curtain Wall New Product Expo in 2018. At that time, there will be 20,000 innovative products launched, and the latest door and window curtain wall The new developments are exhausted, and every door and window person who does not want to be left behind is worth visiting.
Now, the pre-registration channel for the exhibition has been fully opened!
Just click on I want to visit the registration or scan the QR code below to start your environmental protection innovation journey! Join the latest window and door market members.