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Silicone Structural Glazing Market 2024 | Growth, Market Size, Analysis, Competitive Landscape, Share & Forecast To 2033
The new report published by The Business Research Company, titled Silicone Structural Glazing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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Silicone Structural Glazing Market Surges Amidst Increasing Demand In The Building And Construction Industry
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.
Innovative Strides Redefine The Silicone Structural Glazing Market With The Yww 60 Xt Window Wall
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 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
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Major companies operating in the silicone structural glazing market report are 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
Contents of the report:
1. Executive Summary
2. Silicone Structural Glazing Market Report Structure
3. Silicone Structural Glazing Market Trends And Strategies
4. Silicone Structural Glazing Market - Macro Economic Scenario
5. Silicone Structural Glazing Market Size And Growth
…..
27. Silicone Structural Glazing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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