MarketsandMarkets projects that the silicone structural glazing market size will grow from USD 28.69 Billion in 2017 to USD 43.95 Billion by 2022, at a CAGR of 8.90% from 2017 to 2022. Increase in industrial and commercial construction activities along with technological advancements in the glass industry is the major factor driving the silicone structural glazing market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6385754
The key players in the silicone structural glazing are Asahi Glass Co., Ltd (Japan), Guardian Glass (US), Nippon Sheet Glass Co. Ltd. (Japan), and Saint-Gobain SA (France). These players adopted various strategies to expand their global presence and increase their market share. Mergers & acquisitions, expansions & investments, and new product launches are some of the major strategies adopted by the market players to achieve growth in the silicone structural glazing market.
The silicone structural glazing market witnessed several expansions and acquisitions in the past by key players in order to expand their geographical footprint and improve their distribution network through means of organic and inorganic growth strategies
Nippon Sheet Glass Co. Ltd. announced to upgrade its technology and manufacturing units at its automotive glass plant in Versailles, Kentucky, US. This project is scheduled to start this spring, where USD 7.5 million investments would utilize the most modern Advanced Press Bend (APB) process for laminated windshields.
In the same year, the company announced an agreement with ENTEK International (US/UK) and the Separindo (Indonesia). PT ENTEK Separindo Asia was a joint venture established by the two companies for the manufacture and sales of polyethylene (PE) separators for lead-acid batteries. This strategic alliance undertaken to pursue the enhancement of manufacturing technology was a part of NSG Group’s effort to become a value-added glass company.
Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=6385754
In 2016, the company announced to install a new high-performance press bending line at the Maizuru plant in Kyoto, Japan for automotive windshields, applying its proprietary technologies.
Asahi Glass Co., Ltd invested about USD 174.8 million to relocate a float furnace and mirror manufacturing facility from the Jakarta Plant to the Cikampek Plant (PT Asahimas Flat Glass) in 2017. The float furnace for the manufacturing of architectural glass and mass production is scheduled to commence in 2019.
In 2016, AGC Automotive Europe, a member of the AGC Group, signed an agreement with Induver Holding (Morocco), a glass manufacturer in Morocco. The companies were to set up a joint venture for manufacturing automotive glass. The establishment of this production base marked AGC Group’s first operations in North Africa. In 2013, Asahi Glass Co., Ltd acquired Nord Glass Company (Poland) from Polish Enterprise Fund VI (PEF VI), a private equity fund managed by Enterprise Investors through AGC Automotive Europe.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email:Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: India
Website: https://www.marketsandmarkets.com/Market-Reports/silicone-structural-glazing-market-6385754.html
