By 2022, the global door and window market is expected to reach 282 billion US dollars!
Source: Zhejiang Youda industry Co., Ltd.Publication time：2019-03-11
According to a report released by Allied Market Research (AMR), the global door and window market is expected to reach US$282 billion in 2016-2022! The report said that the global door and window market reached US$184 billion in 2015 and is expected to be 2022. It reached 282 billion US dollars and achieved a compound annual growth rate of 6.3%.
The door and window market will show a gradual development trend in the next few years. Non-residential buildings are expected to achieve higher growth rates on a global scale and make a significant contribution to the development of the door and window market. Advances in market participants, an increase in residential and non-residential buildings, and an increase in household renovation spending have all contributed to the growth of the market. Rapid urbanization and industrialization in regions such as Asia Pacific and Africa will also provide profitable opportunities for the market. However, high-priced packaging of environmentally friendly products is expected to hinder market growth.
The environmental protection wind is close to it, and it is really strong. Strict inspection of business licenses, multi-industry production limits, rising raw material prices, and various market trends mean that market competition will become more intense!
Some time ago, the Ministry of Environmental Protection, the National Development and Reform Commission, the Ministry of Industry and Information Technology and other ministries and commissions, as well as Beijing, Tianjin, Hebei and other provinces and cities jointly issued the "Beijing-Tianjin-Hebei and surrounding areas in the autumn and winter of 2017-2018 comprehensive measures to combat air pollution." According to the plan, from October 2017 to March 2018, the average concentration of PM2.5 in the “2+26” city of Beijing-Tianjin-Hebei air pollution transmission channel decreased by more than 15% year-on-year, and the number of heavy pollution days decreased by more than 15%.
Multi-industry comprehensive production stop production
The plan proposes that before the heating season of 2017, the Beijing-Tianjin-Hebei region and the surrounding areas should complete the task of resolving the excess capacity in advance, and the “2+26” city will complete the elimination of 72 units and 3.98 million kilowatts of coal-fired units. Coal units must achieve power disintegration or physical cut of the flue.
Unsustainable raw material prices
Since the second half of 2016, raw materials such as plastics, iron ore, coal, natural rubber and other building materials market have ushered in the trend of “collective price hikes”, which has affected the market. Since 2017, the prices of upstream raw materials have continued to rise, making many production companies miserable.
Environmental storms continue to escalate
This year's environmental supervision is a large scale in history and a greater punishment. On August 7, the Central Fifth Environmental Protection Inspector Group led an advanced inspection in Sichuan Province and opened the fourth batch of central environmental protection inspectors. It is understood that the eight inspectors carried out inspectors from August 7 to 15, and carried out inspections in Jilin, Zhejiang, Shandong, Hainan, Sichuan, Tibet, Qinghai, Xinjiang (including the Corps), and realized the provinces (districts) , city) inspector full coverage.
After a new round of industry reshuffle, enterprises with backward production capacity and no focus on energy conservation and environmental protection will be eliminated in the end. Only those enterprises that focus on green environmental protection and material innovation can survive and divide this huge 282 billion US dollars of doors and windows. market