PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1518214
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1518214
The fire resistant glass market is projected to grow from USD 10.4 billion in 2024 to USD 16.1 billion by 2029, at a CAGR of 9.0% during the forecast period. Laminated fire resistant glass time dominated the market in 2023. This type offers efficient ability to provide impact resistivity while offering high quality glazing solutions for wide range of applications in construction sector. Laminated glass is made up of multiple layers of glass bonded together with an interlayer usually made up of polyvinyl butyral or ethylene-vinyl acetate. In case of a fire resistant glass, the interlayer keeps the glass together even when it breaks, that prevents it from shattering into dangerous shards.
Scope of the Report | |
---|---|
Years Considered for the Study | 2020-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD Million), Volume (Million Square Meter) |
Segments | Type, End-use Applications, and Region |
Regions covered | Asia Pacific, Europe, North America, Middle East & Africa, and South America |
"Building & construction application segment of fire resistant glass dominated the overall market, in terms of value."
Global fire resistant glass market has been segmented based on end-use application segment into building & construction, marine, and others. Stringent building & safety codes, such as, BS EN 12600, BS 476, and BS EN 356, among others; governed by various associations and government organizations such as IBC, National Fire Protection Act (NFPA), and British (Building) Standards (BS); are the major drivers of growth of fire resistant glass market in the building & construction application.
"Europe region accounted for highest market share in the global fire resistant glass market, in terms of value."
In 2023, Europe accounted for the largest share of global fire resistant market in terms of value. The growing building & construction industries, increasing R&D activities initiated by major players, stringent government regulations, and rising development strategies for fulfilling the demand for fire resistant glass in the established and emerging application markets are the key growth drivers of fire resistant glass in this region. Europe is a mature market for fire resistant glass and is also known as the leader in the high production of fire safety value-added products that include laminated, coated, and ceramic glasses, among others. Stringent building & safety codes set by European Union (EU) and International Building Code (IBC) also play a major role in making this region the dominant player in the fire resistant glass market.
Prominent companies include Vetrotech Saint-Gobain International AG (Switzerland), SCHOTT AG (Germany), AGC Inc. (Japan), Nippon Sheet Glass Co., Ltd. (Japan), Pyroguard Ltd. (UK), Anemostat (US), Fuso Glass India Pvt. Ltd. (India), Promat International NV (Belgium), Ravensby Glass Co. Ltd. (UK), and SAFTI FIRST (US).
Research Coverage
This research report categorizes the fire resistant glass market by Type (Wired, Ceramic, Laminated, and Tempered), End-use Applications (Building & Construction, Marine, and other Applications), and Region (Asia Pacific, Europe, North America, the Middle East & Africa, and South America). The scope of the report includes detailed information about the major factors influencing the growth of the fire resistant glass market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the fire resistant glass market are all covered. This report includes a competitive analysis of upcoming startups in the fire resistant glass market ecosystem.
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall fire resistant glass market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
(Business overview, Products/Solutions/Services offered, Recent Developments, Deals, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) **
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, Deals, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.