diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4d843b4d..257b41c6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -406,10 +406,14 @@ add_custom_target(spirv-tools-pkg-config
 
 # Install pkg-config file
 if (ENABLE_SPIRV_TOOLS_INSTALL)
+  set(shared_pc "")
+  if (BUILD_SHARED_LIBS)
+    set(shared_pc "${CMAKE_CURRENT_BINARY_DIR}/SPIRV-Tools-shared.pc")
+  endif()
   install(
     FILES
       ${CMAKE_CURRENT_BINARY_DIR}/SPIRV-Tools.pc
-      ${CMAKE_CURRENT_BINARY_DIR}/SPIRV-Tools-shared.pc
+      ${shared_pc}
     DESTINATION
       ${CMAKE_INSTALL_LIBDIR}/pkgconfig)
 endif()
diff --git a/source/CMakeLists.txt b/source/CMakeLists.txt
index 641bc1f7..f6dff6c6 100644
--- a/source/CMakeLists.txt
+++ b/source/CMakeLists.txt
@@ -386,6 +386,10 @@ if("${CMAKE_SYSTEM_NAME}" STREQUAL "Linux")
 endif()
 
 if(ENABLE_SPIRV_TOOLS_INSTALL)
+  if (NOT BUILD_SHARED_LIBS)
+    set_target_properties(${SPIRV_TOOLS}-shared PROPERTIES EXCLUDE_FROM_ALL 1)
+    list(REMOVE_ITEM SPIRV_TOOLS_TARGETS ${SPIRV_TOOLS}-shared)
+  endif()
   if (SPIRV_TOOLS_USE_MIMALLOC AND (NOT SPIRV_TOOLS_BUILD_STATIC OR SPIRV_TOOLS_USE_MIMALLOC_IN_STATIC_BUILD))
     list(APPEND SPIRV_TOOLS_TARGETS mimalloc-static)
   endif()