Silicone structural glazing market forecast at $55 billion by 2027
London, England – Silicone Structural Glazing Market is projected to be worth USD 55.7 Billion by 2027, registering a CAGR of 7.6% during the forecast period (2020 – 2027) according to Market Research Future. The use of silicone adhesive along with the glass is known as the glazing technique. There is the use of metal and other panel materials for this purpose too. This silicone structural material is used as the sealant for construction. In both industrial and commercial buildings, the use of silicone structural glazing is prevalent.
This sealant is an adhesive that helps to tolerate thermal stress and wind load. Structural glazing has plenty of benefits. They are suitable for lots of applications in the consecution work. The growing demand for the faced systems in the building is contributing to the growth of this market. The growing adoption of the smart city is a crucial driver of this market. Governments in many countries are developing smart cities.
This will create more growth opportunities for the structural glazing market. There are many types of glazing such as slope glazing, structural glazing, shaped glazing and much more. The advanced glass-faced systems are having higher adoption in developed regions. North America is a developed region that has exceptional demand for structuring. All these are factors that will create immense market value in the forecast period.
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.).