Global Foam Glass Market Size study & Forecast, by Deposit (Open Cell Foam Glass, Closed Foam Glass) by Application (Industrial, Building & Construction, Other) and Regional Analysis, 2023-2030

Description

List of Tables

Global Foam Glass Market is valued approximately USD 2.09 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2023-2030. Foam glass is a versatile insulation material renowned for its exceptional thermal and acoustic properties. Composed primarily of crushed glass, it undergoes a unique manufacturing process involving the introduction of a foaming agent. This process results in the formation of a lightweight cellular structure characterized by numerous interconnected bubbles or cells. These cells impart foam glass with its distinctive porous appearance, creating a material that is both lightweight and highly insulating. The Foam Glass market is expanding because of factors such as rising demand from the construction industry, rising adoption in cold chain facilities and government regulations for energy conservation.

The rising demand from the construction industry is playing a pivotal role in driving the growth of the foam glass market. As the construction sector continues to expand globally, fueled by urbanization, population growth, and infrastructure development, there is a growing need for high-performance building materials that offer superior insulation properties. Foam glass, with its excellent thermal insulation capabilities, is increasingly recognized as a preferred choice for insulation in construction projects. According to United States Census Bureau, in United States, In February 2024, construction spending represent an increase of 10.7 percent (+-1.3 percent) compared to February 2023, which stood at $1,889.6 billion. Moreover, during the initial two months of 2024, construction spending reached $298.1 billion, marking a substantial rise of 11.9 percent (+-1.3 percent) compared to the same period in 2023, which recorded USD 266.5 billion in spending. Further, on February 2024, India's Finance Minister announced ambitious plans to allocate approximately USD 134 billion towards infrastructure development. Thus, rising construction industry is driving the market growth. In addition, growing demand from solar industry as well as Technological Advancements and Product Innovations are creating new opportunities to the market growth. However, the high cost of Foam Glass stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Foam Glass Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to new residential construction, repair, and remodeling activities, as well as commercial and industrial construction activities in the U.S., Canada, and Mexico. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as Growing demand for environment-friendly insulating materials in various end-use industries. For instance, in February 2023, The Indian government has revealed a significant investment of USD 31.65 billion for the construction of 100 cities as part of the smart cities plan. These 100 smart cities, alongside 500 other cities, are anticipated to attract additional investments totaling approximately INR 2 trillion (~USD 28.18 billion) over the next five years, opening up opportunities for the utilization of foam glass technology.

Major market player included in this report are:

Aero Aggregates of North America, LLC
Dehe Technology Group Co., LTD
GLAPOR
Jahan Ayegh Pars Company
Mike Wye Ltd
Owens Corning
Pittsburgh Corning, LLC
NOSKLO cellular glass
Shanghai Metal Corporation
Uusioaines Oy
Refaglass S.R.O

Recent Developments in the Market:

In n May 2023, Schlusselbauer and Reiling, merged their German operations to establish a new entity named Veriso GmbH & Co. KG. Both companies have an equal 50% ownership in the new venture and have integrated their production facilities. Veriso GmbH & Co. KG inherits the operations of Schlusselbauer Geomaterials GmbH and Veriso Schaumglas GmbH, boasting a total of four foam glass furnaces spread across three production sites. This strategic consolidation positions the newly formed entity as one of the leading producers of foam glass gravel in Europe.
In November 2022, the Foamit Group announced a substantial investment ranging from EUR 8-10 million (USD 8.6-10.8 million) aimed at enhancing the environmental sustainability of their production processes. The investment entails the addition of two new electricity-operated production lines at their facility in Norway, alongside modernization efforts to transition existing production lines to operate on electricity. These initiatives signify the Foamit Group's commitment to reducing their environmental footprint and embracing eco-friendly manufacturing practices.

Global Foam Glass Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Deposit, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deposit:

Open Cell Foam Glass
Closed Foam Glass

By Application:

Industrial
Building & Construction
Other

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Foam Glass Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Foam Glass Market, by Deposit, 2020-2030 (USD Billion)
- 1.2.3.Foam Glass Market, by Application, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Foam Glass Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Foam Glass Market Dynamics

3.1.Foam Glass Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Rising demand from construction industry
  - 3.1.1.2.Rising adoption in cold chain facilities
  - 3.1.1.3.Government regulations for energy conservation
- 3.1.2.Market Challenges
  - 3.1.2.1.High cost of foam glass
  - 3.1.2.2.Availability of alternatives
- 3.1.3.Market Opportunities
  - 3.1.3.1.Growing demand from solar industry
  - 3.1.3.2.Technological Advancements and Product Innovations

Chapter 4.Global Foam Glass Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Foam Glass Market, by Deposit

5.1.Market Snapshot
5.2.Global Foam Glass Market by Deposit, Performance - Potential Analysis
5.3.Global Foam Glass Market Estimates & Forecasts by Deposit 2020-2030 (USD Billion)
5.4.Foam Glass Market, Sub Segment Analysis
- 5.4.1. Open Cell Foam Glass
- 5.4.2.Closed Foam Glass

Chapter 6.Global Foam Glass Market, by Application

6.1.Market Snapshot
6.2.Global Foam Glass Market by Application, Performance - Potential Analysis
6.3.Global Foam Glass Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4.Foam Glass Market, Sub Segment Analysis
- 6.4.1. Industrial
- 6.4.2.Building & Construction
- 6.4.3.Other

Chapter 7.Global Foam Glass Market, Regional Analysis

7.1.Top Leading Countries
7.2.Top Emerging Countries
7.3.Foam Glass Market, Regional Market Snapshot
7.4.North America Foam Glass Market
- 7.4.1.U.S. Foam Glass Market
  - 7.4.1.1.Deposit breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2.Application breakdown estimates & forecasts, 2020-2030
- 7.4.2.Canada Foam Glass Market
7.5.Europe Foam Glass Market Snapshot
- 7.5.1.U.K. Foam Glass Market
- 7.5.2.Germany Foam Glass Market
- 7.5.3.France Foam Glass Market
- 7.5.4.Spain Foam Glass Market
- 7.5.5.Italy Foam Glass Market
- 7.5.6.Rest of Europe Foam Glass Market
7.6.Asia-Pacific Foam Glass Market Snapshot
- 7.6.1.China Foam Glass Market
- 7.6.2.India Foam Glass Market
- 7.6.3.Japan Foam Glass Market
- 7.6.4.Australia Foam Glass Market
- 7.6.5.South Korea Foam Glass Market
- 7.6.6.Rest of Asia Pacific Foam Glass Market
7.7.Latin America Foam Glass Market Snapshot
- 7.7.1.Brazil Foam Glass Market
- 7.7.2.Mexico Foam Glass Market
7.8.Middle East & Africa Foam Glass Market
- 7.8.1.Saudi Arabia Foam Glass Market
- 7.8.2.South Africa Foam Glass Market
- 7.8.3.Rest of Middle East & Africa Foam Glass Market

Chapter 8.Competitive Intelligence

8.1.Key Company SWOT Analysis
8.2.Top Market Strategies
8.3.Company Profiles
- 8.3.1. Aero Aggregates of North America, LLC
  - 8.3.1.1.Key Information
  - 8.3.1.2.Overview
  - 8.3.1.3.Financial (Subject to Data Availability)
  - 8.3.1.4.Product Summary
  - 8.3.1.5.Recent Developments
- 8.3.2. Dehe Technology Group Co., LTD
- 8.3.3.GLAPOR
- 8.3.4.Jahan Ayegh Pars Company
- 8.3.5.Mike Wye Ltd
- 8.3.6.Owens Corning
- 8.3.7.Pittsburgh Corning, LLC
- 8.3.8.NOSKLO cellular glass
- 8.3.9.Shanghai Metal Corporation
- 8.3.10.Uusioaines Oy
- 8.3.11.Refaglass S.R.O

Chapter 9.Research Process

9.1.Research Process
- 9.1.1.Data Mining
- 9.1.2.Analysis
- 9.1.3.Market Estimation
- 9.1.4.Validation
- 9.1.5.Publishing
9.2.Research Attributes
9.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Foam Glass Market, report scope
TABLE 2.Global Foam Glass Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Foam Glass Market estimates & forecasts by Deposit 2020-2030 (USD Billion)
TABLE 4.Global Foam Glass Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5.Global Foam Glass Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6.Global Foam Glass Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Foam Glass Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Foam Glass Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Foam Glass Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Foam Glass Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Foam Glass Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Foam Glass Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Foam Glass Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Foam Glass Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.U.S. Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17.U.S. Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.Canada Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19.Canada Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20.Canada Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.UK Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22.UK Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23.UK Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.Germany Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25.Germany Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26.Germany Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.France Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28.France Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29.France Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.Italy Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31.Italy Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32.Italy Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Spain Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34.Spain Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35.Spain Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.RoE Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37.RoE Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38.RoE Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.China Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40.China Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41.China Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.India Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43.India Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44.India Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.Japan Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46.Japan Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47.Japan Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.South Korea Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49.South Korea Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50.South Korea Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.Australia Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52.Australia Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53.Australia Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.RoAPAC Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55.RoAPAC Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56.RoAPAC Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.Brazil Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58.Brazil Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59.Brazil Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Mexico Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61.Mexico Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62.Mexico Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.RoLA Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64.RoLA Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65.RoLA Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.Saudi Arabia Foam Glass Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67.South Africa Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68.RoMEA Foam Glass Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.List of secondary sources, used in the study of global Foam Glass Market
TABLE 70.List of primary sources, used in the study of global Foam Glass Market
TABLE 71.Years considered for the study
TABLE 72.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Foam Glass Market, research methodology
FIG 2.Global Foam Glass Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Foam Glass Market, key trends 2022
FIG 5.Global Foam Glass Market, growth prospects 2023-2030
FIG 6.Global Foam Glass Market, porters 5 force model
FIG 7.Global Foam Glass Market, pest analysis
FIG 8.Global Foam Glass Market, value chain analysis
FIG 9.Global Foam Glass Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Foam Glass Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Foam Glass Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Foam Glass Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Foam Glass Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Foam Glass Market, regional snapshot 2020 & 2030
FIG 15.North America Foam Glass Market 2020 & 2030 (USD Billion)
FIG 16.Europe Foam Glass Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Foam Glass Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Foam Glass Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Foam Glass Market 2020 & 2030 (USD Billion)