Asahi Glass Co., Ltd (Japan) and Guardian Glass (US) are the Key Players in the Silicone Structural Glazing Market

January 31 21:04 2020
Asahi Glass Co., Ltd (Japan) and Guardian Glass (US) are the Key Players in the Silicone Structural Glazing Market

Browse 139 Market Data Tables and 31 Figures spread through 186 Pages and in-depth TOC on “Silicone Structural Glazing Market”
Silicone Structural Glazing Market by Type (Four-Sided Structural, Two-Sided Structural, Total Vision Systems), Material (Aluminum Structural Framing, Glass Panel, Silicone Sealant), End Use (Commercial, Public), and Region

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.

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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.

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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.

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