IMARC Group has recently released a new research study titled “Fire Resistant Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the fire resistant glass market?
The global fire resistant glass market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 10.4% during 2023-2028.
What is fire resistant glass?
Fire-resistant glass, also known as fire-rated glass or fire-protective glass, is specially designed to withstand the effects of fire, heat, and smoke. It is used in buildings and structures to provide protection and prevent the spread of fire, allowing for safe evacuation and minimizing property damage. Fire-resistant glass is manufactured using multiple layers of glass and interlayers, which are typically composed of heat-resistant materials, such as tempered glass, wired glass, laminated glass, or ceramic glass, which are combined to form a durable and fire-resistant barrier. It is tested and rated based on its ability to resist the passage of fire and heat. The fire resistance rating determines the duration for which the glass can maintain its integrity and prevent the spread of flames and smoke.
Fire Resistant Glass Market Growth Drivers and Trends:
The global market is majorly driven by increasing awareness of fire safety among the masses. Moreover, governments and regulatory bodies across the globe have implemented strict fire safety regulations for buildings and structures. These regulations require the use of fire-resistant materials, including fire-resistant glass, to enhance fire safety and prevent the spread of fire. Compliance with these regulations is creating a positive demand for fire-resistant glass. Furthermore, the increasing construction activities, particularly in emerging economies, are contributing to the demand for fire-resistant glass.
Also, rapid urbanization, infrastructure development, and the construction of commercial and residential buildings are driving the need for fire-rated materials, including fire-resistant glass, to meet fire safety requirements. Some of the other factors driving the market further include the construction of high-rise buildings and the introduction of innovative glass compositions, coatings, and interlayers to improve fire resistance, thermal insulation, and overall performance
Who are the key players operating in the industry?
The report covers the major market players including:
Fire Resistant Glass Key Companies:
- AGC Inc.
- Compagnie De Saint Gobain S.A.
- Fuso Glass India Pvt. Ltd.
- Nippon Sheet Glass Co. Ltd.
- Pyroguard Engineers Pvt. Ltd.
- Promat International NV (Etex Group)
- Ravensby Glass Co. Ltd. (Malcolm, Ogilvie & Co. Ltd. Group)
- Schott AG (Carl-Zeiss-Stiftung)
- Safti First Fire Rated Glazing Solutions (O'Keeffe's Inc.)
- Technical Glass Products Inc. (Allegion Plc)
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Gel Filled
Breakup by Application:
- Building and Construction
- Residential Construction
- Commercial Construction
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=3497&flag=C
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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