The construction curtain wall industry is an important branch of the building
decoration industry. In recent years, under the backdrop of rapid development
of Chinese construction industry, China's construction curtain wall output and
output value have maintained rapid growth. In 2011, the total output reached
91.3 million square meters, up 10.0% from a year earlier; and the output value
got to RMB167.9 billion, rising 11.9% year-on-year, ranking first in the world.
After experiencing the previous extensive development stage, the curtain wall
industry of China characterizes the followings:
Industry concentration degree increases gradually, and market competition
pattern becomes stable. During 2006-2011, in Chinese construction curtain wall
industry, the output value of top 50 enterprises enjoyed a rising proportion
from 20.5% to 59.6%. Meanwhile, in Chinese construction curtain wall market,
Jangho and Yuanda became tycoons; more than 50 large-scale curtain wall
enterprises play main roles, while numerous firms play supporting roles.
Curtain wall capacity is transferred to central and western regions of China.
During 2009-2010, the proportion of the output value in central and western
regions of top 50 companies rose from 20.00% to 22.37%.
PV curtain wall becomes new investment hotspots.
At present, photovoltaic construction curtain walls are the future
development priorities for most companies, and they have begun to set up
photovoltaic curtain wall production lines, even some ones have transformed
into professional photovoltaic curtain wall manufacturers.
The demand for residential curtain walls is potentially huge.
In Chinese curtain wall consumer market, the housing market accounts for
less than 4%, far lower than 20% in the developed nations, thus with vast room
for the growth of Chinese residential curtain wall market.
The Middle East market is becoming saturated, while the markets in Europe and
the United States become the focuses.
Chinese curtain wall companies boasted more than 50% share in the Middle
East market in 2010, and it is hard to further raise the market share there.
To further explore the international market, Yuanda, Jangho and other leading
giants have started to make their efforts to tap into European market.
This report not only analyzes the status quo of Chinese construction curtain
wall industry, but also studies 10 Chinese companies (Yuanda China, Jangho,
Zhongnan, Keyuan, Shenzhen Sanxin, etc.) as well as five international tycoons
(Permasteelisa, SCHUCO, YKK, Apogee, and Far East Global Group).
In 2011, Yuanda continued to give priority to the exploration of domestic and
international markets. China's central and western regions, Europe and the
United States became the company's revenue growth engines. To degrade the raw
material price sensitivity, the company cooperated with Saint-Gobain and SAPA
to get involved in glass and aluminum materials business and advance towards
the upstream industrial chain.
Jangho acquired Chengda international in May 2012 to access into the field of
interior decoration, transferring from a professional curtain wall engineering
contractor to an indoor and outdoor decoration contractor. Zhongnan has been
engrossed in BIPV in recent years, transferring from a traditional curtain
wall manufacturer to a veteran PV curtain wall manufacturer.
International curtain wall giant Permasteelisa Group achieved the revenue of
EUR989 million in 2009, down 13% year on year. In 2011, the company was
acquired by JS Group Corp which is a well-known Japanese building materials
company. Then, Permasteelisa Group quitted from the market in Italy.
Japan YKK and USA Apogee saw significant decline in the economic crisis. In
2011, their performance rebounded. In the same year, YKK gained the revenue of
JPY308.4 billion from building materials business, up 2.2% year on year; and
the revenue of Apogee amounted to USD662 million, a 13.7% YoY rise.
Table of Contents
Table of Contents
1 Overview of Construction Curtain Wall Industry
1.2 Classification and Application
1.3 Industry Chain
1.4 Operating Mode
1.5 Industry Features
1.6 key Technologies
1.7 Technology Tendency
2 Development of China Construction Curtain Wall Industry
2.1 Development Environment
2.2.1 Policy Climate
2.1.2 Industry Environment
2.2 Market Size
2.4.1 Public Building
2.4.2 Commercial Building
2.4.3 Residential Property
2.5 Development of Oversea Business
2.5.1 The Middle East Market
2.5.2 USA Market
2.5.3 European Market
2.6 Price Trend
3 Market Analysis of Construction Curtain Wall Raw Material In China
3.1 Aluminum Material
3.2 Architectural Glass
3.4 Hardware Fitting
4 Competitive Landscape of China Construction Curtain Wall Market