Construction Week reported that the use of aluminum for curtain wall systems and cladding is spurring demand for aluminum in the construction industry.
Demand for fabricated aluminum products in the building construction sector is expected to increase at a compound annual growth rate of 9% from USD 920 million in 2010 to USD 1,442million in 2015.
The demand in volume is expected to increase at a CAGR of 10% from 5.4 million square in 2010 to 8.4 million square in 2015. Products with the greatest aluminum demand by value are, windows, 33%; curtain walls, 17% and cladding, 17%. Aluminum demand by volume is highest for windows, 35%; cladding, 24% and curtain walls 15%.
The figures have been released by the organizers of Aluminum Dubai 2011 to be held May 9th to 11th 2011 at the Dubai International Convention and Exhibition Centre.
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