The global Silicone structural glazing market is forecast to reach USD 56.68 Billion by 2026, according to a new report by Reports and Data. The increasing construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Rapid urbanization will also drive the demand for silicone structural glazing during the forecast period. With the process of development and the migration of people, the need for façade systems from the residential material types has been a significant factor governing the growth of the market.
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The report offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them to gain a robust footing in the global industry. It also discusses in detail the recent mergers and acquisitions, partnerships, collaborations, and product launches among others.
Further key findings from the report suggest:
Among the material types, the glass panels account for the largest market share of ~29% in the year 2018 and is forecasted to grow further with the highest CAGR of 9.2% during the forecast period. Glass not only adds aesthetic value to a building but also retains its quality after recycling. Glass panels are used majorly for residential and commercial applications. The use of glass panels improves the energy-efficiency of the buildings, by reducing the amount of energy used, which proves glass panels to be a cost-effective solution.
The four-sided glazing products account for the largest market share of ~33% in the year 2018. Benefits of the four-sided structural glazing system are that the glass is mechanically held and it is easy to install. It is a cost-efficient method. This system of glazing provides enhanced support structure to the glazing unit. It is prefabricated and assembled at the site.
The Asia Pacific region held the largest market share of ~31% in the year 2018 and is anticipated to witness the highest CAGR of 8.8% during the forecast period. High construction & infrastructure spending in emerging economies, including China and India, are majorly escalating the demand for facades, which fuels the growth of the market in the region. Due to the rapid urbanization & development of several suburbs in the Asian region, the overall building industry is witnessing several upcoming & ongoing projects.
Key participants include Nippon Sheet Glass, Asahi Glass, PPG Industries, Sika AG, Saint-Gobain S.A, 3M Company, Dow Chemical Company, Shanghai Yaohua Pilkington Glass Group, YKK Corporation, Permasteelisa S.p.A., Cardinal Glass Industries, Arkema SA, and Schott Ag, among others.
The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.
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The market is further segmented on the basis of product types offered in the market and the application spectrum. On the basis of types, the segmentation covers:
Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Material type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Aluminum structural framing
Ethylene Propylene Diene Terpolymer (EPDT)
End-User Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
The report is further segmented into key geographical regions along with their countries to impart a better understanding of the market. The report focuses on the economic growth, technological advancements, investment and funding, R&D activities, production and consumption ratio, current and emerging trends, and presence of key players in each region.
The regional analysis covers the following key regions of the world:
North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Table of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Silicone Structural Glazing Market Segmentation & Impact Analysis
4.1. Silicone Structural Glazing Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Rapid growth of infrastructure and construction activities
126.96.36.199. Growing demand for façade systems
188.8.131.52. Rising environmental concerns regarding energy efficiency
184.108.40.206. Rise in the level of disposable income in developing nations
220.127.116.11. Technological advancements in the construction sector
4.2.3. Market restraints analysis
18.104.22.168. Volatile cost of raw materials
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Questions Answered in the Report:
What will be the estimated growth rate of the Silicone structural glazing market in 2027?
Who are the prominent distributors, vendors, and manufacturers of the Silicone structural glazing market?
What are the driving and restraining factors of the growth of Silicone structural glazing market throughout the forecast period?
What are the current and future market trends of the Silicone structural glazing market?
What are the sales and price analysis of the product by types, applications, and regional sales?
Which region is expected to dominate the market growth over the forecast period?
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