Global Silicone Structural Glazing Market Size 2024, Forecast To 2033

6 Mar, 2024

The silicone structural glazing market size has demonstrated robust growth in recent years, escalating from $39.51 billion in 2023 to $43.15 billion in 2024, marking a compound annual growth rate (CAGR) of 9.2%. This historical expansion is attributed to factors such as architectural trends, urbanization, and a construction boom. Energy efficiency and adherence to green building standards, along with regulatory measures for building safety, have also fueled market growth. Looking ahead to 2028, the market is projected to sustain strong growth, reaching $57.47 billion at a CAGR of 7.4%. Anticipated drivers of growth in the forecast period include a heightened focus on sustainable construction materials, innovations in glazing system design, global emphasis on energy-efficient buildings, urban renewal, and infrastructure projects, coupled with a commitment to resilience and seismic safety. Key trends during this period encompass an increasing demand for energy-efficient buildings, architectural innovation, and aesthetic appeal, the use of high-performance silicone sealants, a focus on safety and compliance, technological advancements in glazing systems, and market expansion in emerging economies.

Global Silicone Structural Glazing Market Key Driver

The silicone structural glazing market is set to experience growth driven by the increasing demand in the building and construction industry. Construction involves the installation and assembly of project equipment and materials on-site under authorized specifications, with silicone structural glazing systems playing a crucial role in shielding structures from external elements. These systems also maintain curtain walls that transmit wind loads to the design. In June 2021, Stats NZ Tauranga Aotearoa reported a 3.7% increase in building activities in March 2021, while residential activities rose by 4.3% in 2021 compared to 2020. Additionally, as of February 2023, the US Census Bureau noted a significant growth rate of 10.2%, with the value of construction activities increasing from $1,626.4 billion in 2021 to $1,792.9 billion in 2022. The burgeoning demand in the building and construction industry underscores the driving force behind the silicone structural glazing market's growth, projecting positive market size values for 2023, 2024, and 2028.

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Global Silicone Structural Glazing Market Segments

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
By Geography:The regions covered in the silicone structural glazing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain Asia-Pacific was the largest region in the silicone structural glazing market in 2023. The regions covered in the silicone structural glazing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Silicone Structural Glazing Industry Players

3M Company, Nippon Sheet Glass Co. Ltd., SCHOTT AG, Sika AG, The Dow Chemical Company, Asahi Glass Co. Ltd., Compagnie de Saint-Gobain S.A., DeaMor Associates Inc., Flachglas Wernberg GmbH, Oldcastle BuildingEnvelope Inc., Pecora Corporation, Sisecam Group, Shanghai Yaohua Pilkington Glass Group Co. Ltd., Taiwan Glass Ind. Corp., Kibing Glass, Central Glass Co. Ltd., AGC Inc., Finepoint, Kommerling UK Sealants & Adhesives, Permasteelisa S.p.A., Momentive Performance Materials Inc., Wacker Chemie AG, Tremco Illbruck, H.B. Fuller, Kömmerling Chemische Fabrik GmbH, PPG Industries Inc., YKK AP Inc., Alcoa Corporation, Vitro Architectural Glass, Guardian Glass, Apogee Enterprises Inc., Viracon, Trulite Glass & Aluminum Solutions, Binswanger Glass, Glaston Corporation

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Silicone Structural Glazing Market Overview

Structural silicone glazing (SSG) refers to a type of curtain walling system that uses silicone sealants to connect ceramics, glass, metallic material, or plastic panels to the supporting frame components via an exterior adhesive junction. The use of structural silicone glazing techniques improves sound and heat retention. It often serves as a contemporary alternative to curtain walling, enabling effortless designs with a frameless appearance.

Silicone Structural Glazing Global Market Report 2023 provides data on the global silicone structural glazing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The silicone structural glazing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.