CLEVELAND, Aug. 28, 2018 /PRNewswire/ -- Demand for metal commercial windows and doors is forecast to increase 3.7% per year, in line with the overall average, but slower than plastic. Builders and building owners continue to favor metal windows and doors for their strength, durability, and minimal maintenance. Products with the best growth outlooks include those that are easy to operate, offer improved energy efficiency, and have good aesthetics. Steel will remain the most commonly used metal to manufacture commercial doors, while aluminum will lead in the windows segment. These and other trends are presented in Commercial Windows & Doors Market in the US, 2nd Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.
More information about this study is here: https://www.freedoniagroup.com/industry-study/commercial-windows-doors-3648.htm
Sales for the overall market for commercial windows and doors is also forecast to increase 3.7% per year through 2022. Suppliers are expected to benefit from a number of key trends, including:
- healthy increases in construction spending for office, retail, lodging, and institutional buildings – the most intensive users of windows and doors
- a pickup in general commercial improvement and repair activity
- spending to expand and/or update properties with contemporary designs, increase daylighting, and upgrade to more secure and efficient window and door systems that meet stricter green building codes
While metal products continue to lead total sales, vinyl and fiberglass windows and doors are expected to see the fastest sales gains as builders and property owners increasingly recognize their aesthetic, performance, and cost benefits. In particular, fiberglass windows and doors are seeing strong sales increases, as these products can exhibit strength and durability on par with metal types.
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About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Construction & Building Products studies can be purchased at https://www.freedoniagroup.com, www.marketresearch.com and www.profound.com.
SOURCE The Freedonia Group