Friday, July 26, 2024 
Friday, July 26, 2024
vinyl window market has grown significantly over the past years as a result of increased investment in infrastructure.
WILMINGTON, DELAWARE, UNITED STATES, June 10, 2024 /EINPresswire.com/ — Vinyl Windows are windows made out of a plastic material, PVC (Polyvinyl Chloride). Adoption of vinyl windows and patio doors will continue to expand as builders and homeowners increasingly recognize the benefits of vinyl’s low cost, energy efficiency, and minimal maintenance requirements. Moreover, vinyl windows are cheaper and will help drive sales of vinyl windows.
The vinyl windows market size was valued at $26.54 billion in 2021, and is estimated to reach $41.41 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
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Driving Factors:
One of the primary factors driving the growth of the vinyl windows market is the global expansion of the residential construction and renovation sector. The rise in demand for lightweight vinyl windows in the residential construction industry for the purpose of insulation, as well as the increased adoption of these panels because they offer features such as lowering thickness, high insulation, and super sealing, all of which are important in building structures, is propelling the market forward.
Government of various countries are investing in residential sector due to rise in population and for better living standards. For instance, in December 2019, new residential construction targets were introduced by the German government. Several incentive schemes for efficient residential buildings and refurbishment were updated and relaunched at the beginning of 2020 to help meet these goals. Hence, due to rise in population, these investments in construction sector will increase the utilization of vinyl windows. All such factors are providing lucrative opportunities in vinyl windows market forecast period.
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The market research report offers a detailed analysis of altering market trends, top-most segments, value chain analysis, major investment business scenarios, regional space, and competitive landscape. The study is a key information source for big players, new entrants, shareholders, and proprietors in creating new strategies for the future and taking steps to enhance their market position. The report depicts an in-depth quantitative analysis of the market from 2022 to 2031 and guides investors in investing in the rapidly evolving market.
The report offers detailed segmentation of the global vinyl windows market based on type, application, end user, and region.
Based on type, the casement window segment contributed toward the largest market share in 2021, accounting for nearly one-third of the overall share of the global vinyl windows market. Moreover, this segment is predicted to retain its dominant status during the forecast timeline. However, the gliding window segment is slated to register the fastest CAGR of nearly 5.5% from 2022 to 2031. The report also provides an overall analysis of segments such as single and double-hung window, picture window, and others.
Based on application, the new construction segment held the largest share in 2021, contributing nearly three-fourths of the overall share of the global vinyl windows market. Moreover, this segment is predicted to contribute the highest market share by 2031. However, the renovation and reconstruction segment is also anticipated to record the fastest growth with a CAGR of nearly 5.1% during the forecast timespan.
Based on the end user, the residential segment held the largest share in 2021, contributing nearly fourth-fifths of the overall share of the global vinyl windows market. Moreover, this segment is predicted to contribute the largest share of the global market by 2031. However, the non-residential segment is projected to register the highest growth with a CAGR of nearly 5.5% from 2022 to 2031.
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Top Players:
Leading players of the global vinyl windows market analyzed in the research include Anglian Home Improvement, A&B Glass Group, Chelsea Building Product Inc., International Windows Corporation, All Weather Windows, Alternative Windows, Croft LLC, Anderson Corporation, Crystal Windows Co., Harvey Building Products, Intus Window, Stanek Window, Pella Corporation, Paradigm Windows, and Softlite Windows & Doors.
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