Global silicone structural glazing market expected to reach $90.89 billion by 2033, driven by demand for energy-efficient solutions

From GlobeNewswire: 2024-07-13 14:00:00

The Global Silicone Structural Glazing Market is projected to grow from USD 43.85 billion in 2023 to USD 90.89 billion by 2033, with a CAGR of 7.56%. Silicone structural glazing uses silicone sealants to secure glass to buildings, offering aesthetics, thermal performance, and strength. It is popular in modern architecture for creating sleek facades.

Silicone sealants dominate the market and are easy to use. The four-sided structural segment accounts for the largest revenue share, providing enhanced energy efficiency and a modern appearance. Non-residential use is expected to grow the fastest, with Asia Pacific holding the largest market share due to rapid urbanization and industrialization in countries like China and India.

North America is predicted to grow rapidly due to a strong desire for energy-efficient building solutions. Key industry players are pushing the boundaries of facade engineering. Major vendors include Arkema SA, Saint-Gobain, and 3M. Recent developments include Sika AG’s acquisition of PPG Industries’ silicone structural glazing branch, expanding its product portfolio and enhancing its service offerings.

The market is segmented by material, type, end use, and region. Asia Pacific and North America are key regions to watch. The silicone structural glazing market is expected to see significant growth in the coming years, driven by increasing demand for energy-efficient and visually appealing building solutions.



Read more at GlobeNewswire: Global Silicone Structural Glazing Market Size To Worth USD