The global PVC window profile market size was evaluated at $5.5 Billion in 2022 and is slated to hit $8.2 Billion by the end of 2030 with a CAGR of nearly 5% between 2023 and 2030.
The study is an essential resource for understanding the market and its many prospects, threats, and problems. The study on the PVC window profile market provides a thorough examination of the competitive environment across the globe. Also included are analyses such as PESTEL, SWOT, Porter’s five forces, value chain, cash flow, profit ratios, market basket, market attractiveness, and more. The PVC window profile market study also delves into the investor and stakeholder landscape to better provide businesses with the information they need to make educated moves.
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Market Analysis of PVC Window Profiles
PVC window profiles are used to provide a sturdy and secure frame around glass panes. Thicker materials are often used for beautiful windows since they protect the windows from the weather and extend their lifespan. PVC window profiles can be easily installed and come in a wide range of sizes, styles, and colours. Its most profitable use is in commercial and residential window frames. VEKA AG, a major player in the German market for uPVC window and door profiles, announced in the first half of 2022 that it will be releasing three new products.
Major Takeaways
- Our research analyst has revealed that, between 2023 and 2030, the worldwide market for PVC window profiles is expected to increase at a CAGR of almost 5%.
- The global PVC window profile market was worth roughly $5.5 billion in 2022 and is projected to reach $8.2 billion by 2030, according to a market research firm’s analysis.
- Over the projected period, the worldwide PVC window profile market is expected to expand significantly due to rising demand for PVC window profiles in both the residential and commercial sectors.
By 2030, the market will explode because of the growing population, which will lead to an increase in the number of new structures
The global PVC window profile market will expand due to rising demand for these products in both residential and commercial construction. The growth of the global market will be fueled by the development and industrialisation of the construction industry. PVC prices have dropped thanks to advances in manufacturing efficiency and 3D printing, which have had a significant impact on the growth of the worldwide PVC industry. The government is making plans to create new structures in an effort to upgrade the building infrastructure. For long-lasting buildings, new windows must be installed with every construction project. The combined effects of the aforementioned factors will have a substantial impact on the size of the global market.
With rising housing costs and the prevalence of single-parent households, the PVC window profile market has exploded in recent years. Rebuilding and rebuilding outdated infrastructure will be a driving force in the expansion of international trade. The growth of the global market will be hastened by the introduction of uPVC and other innovative new products. Deceuninck, a major producer of PVC window and door profiles, and Finestral, a Maltese company specialising in uPVC windows and doors, will work together beginning in the first half of 2021. The action will help produce PVC windows with superior thermal properties while using less energy. The project will direct the worldwide market expansion.
The global economic trends are likely to be stymied by the rising need for energy
The global growth of the PVC window profile sector may be hampered by rising environmental concerns. Almost 40% of the raw materials needed to make PVC windows come from oil, according to research by the World Wildlife Fund. According to reports, PVC windows generate roughly 41.5% more trash than wooden windows do, and about 81% of PVC waste ends up in landfills. In addition, PVC windows have a higher energy footprint than wooden ones. Such factors have been adverse to the expansion of international business.
Innovations in products will aid in unlocking the worldwide market’s unrealized growth potential from 2023 to 2030
The global PVC window profile market is expected to expand thanks to the ongoing innovations in window design. PVC window profiles also have a wide range of commercial and institutional uses, creating new potential for expansion in the global market. In addition, developments in the manufacturing process for environmentally friendly PVC windows are expected to generate new potential avenues for the global market.
Global industrial expansion will be severely hampered by governments’ efforts to reduce carbon emissions
The fluctuating cost of raw materials poses a greater threat to the expansion of the worldwide PVC window profile market. Strict rules regarding GHG emissions and an emphasis on zero emissions can further stifle demand for PVC windows, impeding the worldwide industry’s development.
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The Global PVC Window Profile Market is segmented based on product, application and region
Global PVC Window Profile Market: Product Segment Analysis
● Turn & Tilt Windows
● Sliding Windows
Global PVC Window Profile Market: Application Segment Analysis
● Commercial
● Residential
The PVC window profile market profiles key players such as:
● VEKA plc
● IKONISH
● OKNO-POL
● Liniar
● Aparna Okotech
● Prominance
● Deceuninck
● Lift-Slide Systems PVC
● Everest
● Rehau Group
● Duroplast
● Profine Group
● Terrance System
● Schuco
● Encraft
● Eureka Windoor Systems (P) Ltd
● Eurocell
● Profile 22 Systems
● TruFrame
● Aluplast GmbH
The European region is expected to dominate the global PVC window profile market in the coming years
More than half of the world’s PVC window profile market revenue in 2022 came from Europe, and that region is projected to grow rapidly over the forecast horizon. The presence of multinational corporations on the subcontinent may fuel market expansion in the region between 2023 and 2030. Market growth in the region will also be spurred by the rising demand for energy-efficient windows in residential construction. The demand for windows on the continent will be guided by technical advancements and regular product updates that increase their energy efficiency. The regional market tendencies will be enriched by the demand for limiting power use and the necessity of decreasing expenses.
The Asia-Pacific market for PVC window profiles is also projected to grow at the fastest rate throughout the forecast period. An increase in the number of automotive companies in countries like India, Taiwan, China, Malaysia, Thailand, Indonesia, South Korea, and the Philippines is one factor that is anticipated to affect the development of the regional sector. Regional market expansion will be fueled by the thriving electric and electronics sector in nations like China, Taiwan, Japan, South Korea, and Singapore. The growth of the PVC market in the region will be driven by a rise in construction activity and consumer understanding of the material’s advantages.
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