Global silicone structural glazing market forecast at $39.51 billion by 2023

Pune, India – The global silicone structural glazing market is expected to grow from $36.07 billion in 2022 to $39.51 billion in 2023 at a compound annual growth rate (CAGR) of 9.5% according to ReportLinker. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The silicone structural glazing market is expected to reach $53.61 billion in 2027 at a CAGR of 7.9%.

The silicone structural glazing market consists of sales of structural building, glass, architectural silicone sealant, suitable spacers, fixing blocks, and gaskets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.

Major players in the silicone structural glazing market are 3M Co., Guardian Glass LLC., Nippon Sheet Glass Co. Ltd, PPG Industries Inc., SCHOTT AG, Sika AG, The Dow Chemical Company, YKK Corporation, Asahi Glass Co.

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.

Asia-Pacific was the largest region in the silicone structural glazing market in 2022. The regions covered in silicone structural glazing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of silicon structural glazing are four-sided structural, two-sided structural, total vision systems, and others.Four-sided structural glazing refers to a glazing system in which the glass panels are joined on all four sides.

It is made up of different materials such as glass, metals, and others, used for various applications such as commercial applications, public applications, and residential applications.

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.