Market Research Future has a half-cooked research report on Silicone Structural Glazing Market which contains information from 2016 to 2023. The Silicone Structural Glazing Market is expected to grow at 8.5% CAGR during the period 2017 to 2023.
Market Highlights:
Global silicone structural glazing market has witnessed gradual growth in recent years, and is expected to witness steady growth in the forecast period. The global silicone structural glazing market is primarily driven by growth in industrial and commercial construction activities, and technological advancements in the glass industry. Silicone structural glazing is a method utilizing a silicone adhesive to attach glass, metal, or other panel material to the structure of a building. Wind-load and other impact loads on the facade are transferred from the glass or panel, through the structural silicone sealant to the structure of the building. The silicone sealant must maintain adhesive and cohesive integrity as the facade is subjected to wind-load and thermal stresses. Structural glazing (SG) is a high-performance application and not all silicone sealants are suitable for this application. Only silicone sealants that have been developed and tested specifically for structural glazing applications, should be used. The growth of the commercial, public, and residential buildings sectors, along with the rising need for green buildings are the key factors fueling the growth of the silicone structural glazing market. The market has opportunities owing to the increase in R&D activities by companies to reduce costs and improve the quality of glass and other raw materials and the rise in investments in the building & construction sector, which will drive the demand for glass facade systems. In contrast, factors such as government regulations for carbon emissions and high capital investments required restrain the growth of the global silicone structural glazing market.
The growing demand for advanced facade systems in the building & construction sector, along with environmental concerns and energy efficiency in buildings are the key factors driving the growth of the silicone structural glazing market. The rising adoption of the smart city concept will be one of the latest trends that will lead to the growth of the silicone structural glazing market. The growing preference of the people to live in urban locations induce the governments of the countries around the world to focus on initiatives such as smart cities to improve the life of urban people. These initiatives will aim at developing plans for intelligent networking of energy, water supplies, lighting, and mobility systems.
The Global Silicone Structural Glazing Market is expected to grow at 8.5% CAGR during the forecast period.
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Key Players:
The key players of global silicone structural glazing market are Nippon Sheet Glass Co. Ltd (Japan), Asahi Glass Co., Ltd (Japan), PPG Industries, Inc. (U.S), Arkema SA (France), Saint-Gobain S.A. (France), Sika AG (Switzerland), The DOW Chemical Company (U.S), 3M Company (U.S.), YKK Corporation (Japan), Permasteelisa S.P.A (Italy), Central Glass Co., Ltd. (Tokyo), Sisecam Group (Turkey), Schott AG (Germany), Xinyi Glass Holdings Limited (Hong Kong), Guardian Glass (U.S.).
Market Research Analysis:
Commercial Sector is Expected to Grow at the Highest CAGR
Global silicone structural glazing market has been segmented based on type, material, end use and region. Based on the end-use the market has been segmented as commercial, public and residential. Among these, the commercial sector dominated the market in 2016 and is projected to be the fastest-growing end-use sector over the next five years. This is a result of the rising demand for glass facade systems along with growing need for green buildings. The newly developed advanced glass demand additional improvements in facade technologies, and successfully installation, which will, in turn, drive the silicone structural glazing market growth through the sector.
Scope of the Report:
This study provides an overview of the global silicone structural glazing market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
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The scope of the study segments the silicone structural glazing market by its type, by material, by end-use and by region.
By Type:
- Four-Sided Structural Glazing
- Two-Sided Structural Glazing
- Slope Glazing
- Stepped Glass Glazing
- U-Shaped Glazing
- Total Vision Systems Glazing
By Material:
- Glass Panels
- Aluminum Structural Framing
- Silicone Sealants
- EPDM
By End-Use:
- Commercial
- Public
- Residential
- By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
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