Market Research Report
UPVC Doors and Windows Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
|UPVC Doors and Windows Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)|
Published: May 13, 2021
Mordor Intelligence Pvt Ltd
Content info: 150 Pages
Delivery time: 2-3 business days
The UPVC window and door market is growing at a faster pace with substantial growth rates over the last few years, and it is estimated that the market may grow significantly at a CAGR of more than 6% during the forecast period.
The UPVC doors and windows manufacturing units have suffered losses due to COVID19 but still maintained a relatively optimistic growth. Owing to the COVID-19 pandemic, the market has been under pressure from mid-February 2020, which restricted the construction of housing and building projects, and the lockdown restrictions have forced to stop manufacturing of UPVC products and reduced the purchasing of UPVC products which resulted in a decline in the overall global market.
UPVC is called rigid PVC owing to its hard and inflexible characteristics. The high preference for this material can be attributed to its high resistance to chemicals, water, corrosive environments, and weather. As a framing material, UPVC provides unparalleled quality, has low maintenance, and can be opted in various colors. Apart from being low maintenance and highly resistant to the surrounding environment, UPVC offers a plethora of benefits. The UPVC material offers insulation against rain, is recyclable, offers UV protection, sound insulation, resistant to saltwater, and impact resistance, and has several other commercial applications. The unplasticized PVC does not have any additive material added to it during production as the normal PVC, and hence, it requires less energy input during production. The development and upgradation of this material have expanded its use in windows, building material, doors, shutters, and automobile body parts. UPVC products are recyclable and environmentally friendly, making them more suitable for the construction industry.
UPVC doors and windows are aesthetic, long-lasting, fire, wind, and moisture resistant, and thermally and acoustically insulated. They can be customized according to the needs of the customer or individual requirements. This material grade exhibits low thermal conductivity, and it prevents loss of energy by 30-35%. It avoids the condensation taking place, which prevents thermal bridging also, and this material grade never flakes, fades, pits, peels, peels, rust, or corrodes. The only thing that it needs is the check of the seal for maintenance and light soapy wash. UPVC has low cost, and it has exhibits properties such as high stiffness, aesthetic in nature, flame retardant. UPVC is FDA compliant as the residue of vinyl chloride gets restricted and suitable for transparent applications. It also offers better chemical resistance as compared to flexible PVC. It is used as good electrical insulation as well as it provides better vapor barrier properties. Wood in construction can be replaced with this material grade similar to that of the double glazed window frames and window sills, which is also known as vinyl siding. This material is versatile that can be manufactured in different colors, or it can be made to look like other materials.
Asia-Pacific Region is Anticipated to Grow at a High Rate
Asia-Pacific ranks as the fastest-growing market with a significant growth rate over the forecast period, led by rapid urbanization and rapid industrialization. Increasing awareness of the benefits of UPVC and elements such as rapid urbanization, regulatory framework, and rising concerns for energy saving is expected to positively influence the use of this material in doors and windows in the Asia-Pacific Region. The Asia-Pacific region is leading the industry, owing to rapid industrialization, an increasing number of automotive industries, and developments in electric and electronic industries. Advancements in technology, coupled with an increase in the number of product innovations, are among the key factors supporting the demand for UPVC doors and windows in this region.
Industrial and Construction Segment is Witnessing a Surge in the Market Share
UPVC doors and windows are a very useful and fitting solution for the industrial and construction sector. They have many properties and benefits which are aptly suitable for both segments. UPVC doors and windows are long-lasting, fire, wind, and moisture resistant, and thermally and acoustically insulated. UPVC cannot change shape under normal weather conditions, but at high temperatures, it can be easily reshaped. Windows made of this material grade of PVC are more energy-efficient than those with wooden or metal frames. This material grade exhibits incredible resistance to chemical erosion and has smoother inner walls that help to facilitate the water flow. It operates well in a wide range of temperatures and operating pressure. These pipes are incredibly reliable, stiff, and cost-effective and often have application in exterior drainage pipes and sewage lines. It also offers better chemical resistance as compared to flexible PVC. It is used as good electrical insulation as well as it provides better vapor barrier properties.
The report covers major international players operating in the UPVC doors and windows market. In terms of market share, a few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.