New York, United States , July 13, 2024 (GLOBE NEWSWIRE) -- The Global Silicone Structural Glazing Market Size is to Grow from USD 43.85 Billion in 2023 to USD 90.89 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 7.56% during the projected period.
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Silicone structural glazing is a construction technology that uses high-strength silicone sealants to secure glass or other transparent materials to a building's structural substructure. This technology meets both adhesive and weatherproofing requirements, enabling for seamless integration of glass panels while maintaining structural integrity. Silicone structural glazing is often used in modern architectural design, notably to create sleek and visually appealing building facades, curtain walls, and glass assemblies. The technology offers a variety of benefits, including increased aesthetics, thermal performance, and structural strength. Its implementation results in the creation of modern, energy-efficient, and visually appealing building settings. Silicon structural glazing systems are increasingly being used in high-rise structures due to their ability to provide combined visual flexibility and thermal performance. As worldwide urbanization accelerates, the demand for innovative and efficient facade systems such as silicon structural glazing will increase. Furthermore, the high initial cost of silicon structural glazing systems is a major impediment to their market adoption. Silicon structural glazing requires complex manufacturing and installation procedures and materials, such as high-quality glass and particular silicones that are potentially costly.
Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the "Global Silicone Structural Glazing Market Size, Share, and COVID-19 Impact Analysis, By Material (Aluminum structural framing, Glass Panel, Silicone Sealant, EPDM, and Others), By Type (Four-sided Structural, Two-sided Structural, Slope, Stepped glass, U-shaped, Total Vision Systems, and Others), By End Use (Residential and Non-residential), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The silicone sealant segment dominates the market with the largest market share structural glazing market during the projected timeframe.
Based on the material, the silicone structural glazing market is divided into aluminum structural framing, glass panel, silicone sealant, EPDM, and others. Among these, the silicone sealant segment dominates the market with the largest market share structural glazing market during the projected timeframe. Silicone sealants are easy to use straight from the container. They cure when exposed to moisture in the air, making them useful for a variety of applications.
The four-sided structural segment accounted for the largest revenue share of the silicone structural glazing market during the projected timeframe.
The silicone structural glazing market is classified by type into four-sided structural, two-sided structural, slope, stepped glass, U-shaped, total vision systems, and others. Among these, the four-sided structural segment accounted for the largest revenue share of the silicone structural glazing market during the projected timeframe. Four-sided framed glass improves energy efficiency and longevity, as well as the building's exterior appearance. The use of silicone sealer on all four sides of each glass panel results in a sealed and frameless appearance, providing the structure a sleek and modern aspect.
The non-residential segment is predicted to grow the fastest CAGR of the silicone structural glazing market during the projected timeframe.
Based on the end use, the silicone structural glazing market is divided into residential and non-residential. Among these, the non-residential segment is predicted to grow the fastest CAGR of the silicone structural glazing market during the projected timeframe. The non-residential sector drives the market, with silicon structural glazing becoming extensively utilized in commercial, institutional, and government structures with large-scale installations. This expansion is related to the high demand for silicone structural glazing due to its versatility, durability, and aesthetic appeal, which are particularly desirable in institutional and commercial settings.
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Asia Pacific is expected to hold the largest share of the silicone structural glazing market over the forecast period.
Asia Pacific is expected to hold the largest share of the silicone structural glazing market over the forecast period. Rapid urbanization and industrialization in countries such as China and India will promote the construction of large-scale commercial and institutional structures, many with glass facades. Furthermore, the growing popularity of modern architectural designs, as well as the rise of the building industry in emerging economies, should keep demand strong.
North America is predicted to grow at the fastest pace in the silicone structural glazing market during the projected timeframe. The United States and Canada are leaders in the use of innovative technology to improve building efficiency and attractiveness. In this location, severe energy constraints and a strong desire to reduce carbon footprints make silicon structural glazing the preferred choice. The market is also helped by the existence of key industry players who are always innovating in the field, pushing the boundaries of what is attainable with facade engineering.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Silicone Structural Glazing Market include Arkema SA, Central Glass Co., Ltd., Saint-Gobain, Tremco Incorporated, Asahi Glass Co., Ltd., Bostik, Dymax Corporation, YKK Corporation, PPG Industries, Inc., Nippon Sheet Glass Co., Ltd., 3M, GE Silicones, Guardian Glass, Xinyi Glass Holdings Limited., and others.
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Recent Developments
- In February 2023, Sika AG drastically widened its market footprint by acquiring PPG Industries' silicone structural glazing branch. This acquisition not only broadens Sika's silicone-based product portfolio but also improves its service offerings in the building and construction industries. Sika AG's integration of PPG Industries' expertise and product line increases its capabilities and reinforces its commitment to providing comprehensive structural glazing solutions.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the silicone structural glazing market based on the below-mentioned segments:
Global Silicone Structural Glazing Market, By Material
- Aluminum Structural Framing
- Glass Panel
- Silicone Sealant
- EPDM
- Others
Global Silicone Structural Glazing Market, By Type
- Four-sided Structural
- Two-sided Structural
- Slope
- Stepped Glass
- U-shaped
- Total Vision Systems
- Others
Global Silicone Structural Glazing Market, By End Use
- Residential
- Non-residential
Global Silicone Structural Glazing Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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