The Silicone Structural Glazing Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Silicone Structural Glazing Global Market Report 2024, The silicone structural glazing market size has grown strongly in recent years. It will grow from $39.51 billion in 2023 to $43.15 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to architectural trends and aesthetics, urbanization and construction boom, energy efficiency and green building standards, regulatory standards for building safety, demand for natural light in buildings.
The silicone structural glazing market size is expected to see strong growth in the next few years. It will grow to $57.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to focus on sustainable construction materials, innovations in glazing system design, global emphasis on energy-efficient buildings, urban renewal and infrastructure projects, resilience and seismic safety. Major trends in the forecast period include increasing demand for energy-efficient buildings, architectural innovation and aesthetic appeal, high-performance silicone sealants, focus on safety and compliance, technological advancements in glazing systems, market expansion in emerging economie
The growing demand for the building and construction industry is expected to propel the growth of the silicone structural glazing market going forward. Construction is installing and assembling project equipment and materials on-site under authorized construction specifications. The silicon structural glazing system shields the structure from the external elements and maintains the curtain wall, which transmits wind loads to the design. For instance, in June 2021, according to the Stats NZ Tauranga Aotearoa, a New Zealand-based government data agency, building activities increased by 3.7% in March 2021. Further, in 2021, residential activities rose 4.3% compared to 2020. Additionally, in February 2023, according to US Census Bureau, the value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022 with a growth rate of 10.2%. Therefore, the growing demand for the building and construction industry is driving the growth of the silicone structural glazing market.
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The silicone structural glazing market covered in this report is segmented –
1) By Type: Four-Sided Structural, Two-Sided Structural, Total Vision Systems, Other Types
2) By Material: Glass, Metal, Other Materials
3) By End-User: Commercial, Public, Residential
Product innovations have emerged as the key trend gaining popularity in the silicone structural glazing market. Major companies operating in the silicone structural glazing market are developing product innovations to strengthen their position in the market. For instance, in April 2022, YKK AP America Inc., a US-based technology-oriented manufacturer of commercial facade systems and residential doors and windows, launched YWW 60 XT Window Wall. The YWW 60 XT window wall was developed to complete YKK AP’s extensive array of window wall systems. The YWW 60 XT provides various options, including pre-glazed or field-glazed, inside or externally glazed, captured, 2, 3, or 4-sided structural silicone glazing (SSG) combinations, and dual-finish capacity, to support a wide range of creative architectural designs and applications. The unique feature of this product is its improved thermal performance, enhanced by 40 mm polyamide iso-struts, increased structural load capacity, and up to 12-foot mullion span.
The silicone structural glazing market report table of contents includes:
1. Executive Summary
2. Silicone Structural Glazing Market Characteristics
3. Silicone Structural Glazing Market Trends And Strategies
4. Silicone Structural Glazing Market – Macro Economic Scenario
5. Global Silicone Structural Glazing Market Size and Growth
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26. South America Silicone Structural Glazing Market
27. Brazil Silicone Structural Glazing Market
28. Middle East Silicone Structural Glazing Market
29. Africa Silicone Structural Glazing Market
30. Silicone Structural Glazing Market Competitive Landscape And Company Profiles
Top Major Players:
- 3M Company
- Nippon Sheet Glass Co. Ltd
- SCHOTT AG
- Sika AG
- The Dow Chemical Company
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