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According to a study by Ceresana, the segment residential construction continues to be the most dynamic sector.
According to a study by Ceresana, the segment residential construction continues to be the most dynamic sector.

Modern, efficient plastic windows perform important tasks such as automated ventilation, thermoregulation, or burglar control within the context of “smart homes”. Therefore, their market share is increasing in most countries.

According to a study by Ceresana, it is expected that global demand of plastic windows will advance 3.5% per year until 2024.

Modern windows have multiple insulating chambers that increase thermal insulation. The number of chambers is a major factor in the energy efficiency of the finished window. In the market, product portfolios range from simple two-chamber systems to complex ten-chamber systems.

Window profiles with integrated insulation core, for example made of hard EPS foam or PUR foam, gain market shares. They improve insulation properties without having to increase the number of insulation chambers.

The use of energy-efficient construction materials depends to a large extent on national and international support programs. 

China and Brazil construction markets remain optimistic

The European market for plastic windows currently still accounts for a third of total demand. However, the European share on the world market is likely to decrease further in the upcoming years.

The highest growth rates will be registered in the regions Asia-Pacific (5.5% per year) and Middle East & Africa (4.5%). The market development depends to a large extent on the construction industry whose dynamic is subjected to a constant change.

While impeding factors increased in Mexico and India, a positive development seems possible in Brazil in 2019. The fact that the construction industry in China grew again in 2017 had significant effects on the market for plastic windows.

Highest growth in residential construction

The study from Ceresana differentiates the demand for plastic windows according to construction segments: On the one hand, new construction and renovation are distinguished, on the other hand, residential construction and non-residential construction.

From a global perspective, the segment residential construction continues to be the most dynamic sector. The ongoing trend of urbanization in large parts of the world is a crucial factor in this.

However, the distribution among the construction segments can vary considerably from region to region. On a global basis, the segment renovation accounts for a growth of about 4.0% per year which is slightly higher than the growth rates of the segment new construction.

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