Fire-Resistant Glass Market is Dazzling Worldwide and Forecast to 2030
Fire-resistant glass market is projected to grow at a considerable CAGR of 8.9% during the forecast period. The growing construction and transport industry across the globe along with the rising emphasis on improving the fire safety standards is a key promoter to the growth of the global fire-resistant glass market. The growing usage of glasses in the interior and exterior of buildings to improve the aesthetic appearance of the building has propelled the demand for different kinds of glasses. Fire-resistant glass is highly being adopted in commercial construction projects to meet the decoration purpose along with the creation of a barrier for an unwanted fire hazard. Manufacturing of doors, windows partitions, transoms, roofs, and facades in buildings is a key application of fire-resistant glass in the building and construction industry.
The rising incidents of fire
mishaps across the globe have created the demand for materials that possess
high resistance to the fire. This, in turn, has contributed to increased
investment by local governments globally to improve the fire protection of residential
and commercial buildings, among others. Besides, the increasing adoption to
fire alarm systems in all building categories, cohesive government regulation,
growing urbanization in the emerging economies, and growth in the construction
of high-rise buildings are the major factors that are driving the market. The
biggest concern for the security of human life and property has been safety
measures in high-rise buildings or complexes, and this is where fire-resistant
glass is taken into account.
Fire resistance glass provides a
defensive shield that prevents fire, smoke, and gas from spreading to adjacent
areas that are not on fire. Integrity, radiation protection, and insulation are
the key properties of fire-resistant glasses. Volatility in the prices of
fire-resistant glass raw materials, heavy competition among the major players
in the industry, and high capital expenditure in the manufacture and marketing
of these glasses are some of the main factors that are constraining the growth
of the global fire-resistant glass market.
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Fire-Resistant Glass Market Segmentation
By Product
·
Wired
·
Ceramic
·
Tempered
·
Laminated
·
Others
By Application
·
Building & Construction
·
Marine
·
Others
A
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Regional Analysis
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
Company Profiles
·
AGC, Inc. (Asahi Glass)
·
Alderfer Glass Company
·
Allegion Plc
·
Beijing Northglass Technologies
Co. Ltd.
·
Central Glass Co., Ltd.
·
ESG Group, Ltd.
·
Etex Building Performance N.V.
·
Euroglas GmbH
·
Fire Glass UK, Ltd.
·
Fuso Glass India Pvt. Ltd.
·
Future Architecture Glass LLC
·
Glas Trösch AG
·
Glass Specialized Industries
(GSI) Co. Ltd.
·
Guangdong Golden Glass
Technologies, Ltd.
·
IQ Glass Solutions, Ltd.
·
Mcgrory Glass, Inc.
·
Metalco Glazing, Ltd.
·
Minneapolis Glass Company
·
Nippon Sheet Glass Co., Ltd.
·
O'Keeffe's, Inc.
·
Press Glass S.A.
·
Pyroguard UK, Ltd.
·
Qingdao Migo Glass Co., Ltd.
·
Ray-Bar Engineering Corp.
·
Saint Gobain S.A.
·
SCHOTT AG
·
Sejal Glass, Ltd.
·
Shandong Hengbao Fireproof Glass
Factory Co., Ltd.
·
TERMOGLAS d.o.o.
·
Torstenson Glass Company
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