Low-Bearing Applications Play a Key Role in Promoting Global Cellular Glass Market Growth

Inkwood Research estimates that the Global Cellular Glass Market is evaluated to register a CAGR of 4.45% in terms of revenue during the forecasting years of 2021-2028.

"Browse 34 Market Data Tables and 40 Figures spread over 140 Pages, along with an in-depth TOC on the Global Cellular Glass Market Forecast 2021-2028."

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Cellular glass insulation entails a sturdy, lightweight, and stiff material comprising entirely sealed glass cells. It is non-combustible and delivers improved compressive strength, extended thermal performance, humidity resistance, and dimensional permanence. Cellular glass is an extensively utilized material in construction as well as industrial applications. In addition to mainstream application sectors, cellular glass is also used for the insulation of low temperate piping, ethylene plant piping, oxygen circulation pipes, and severe fluctuating temperature range pipes, therefore providing the global market with lucrative growth opportunities.

Increasing Low-Bearing Applications to Drive Market Growth

Cellular glass displays high load-bearing capability, making it an ideal insulating material in the construction of a tank base for storing cryogenic fluids. The block form of cellular glass is utilized as a thermal insulating material for storing ethylene, LNG, oxygen, as well as nitrogen. It is also used as a sandwich material between capping materials like hessian-based hot asphalt or bitumen. Moreover, cellular glass's application includes its usage as an insulating material in cold pipes and equipment for LNG piping, among others.

Foam Glass Gravel is the Leading Product
Foam glass gravel, also termed granulated cellular glass, tends to form stable support. It also offers high-stress resistance, given the quality of resistance to compression ratio. The lightweight insulation material is manufactured using 100% recycled glass and is widely adopted in the construction sector on account of its structural stability, improved insulation, and enhanced physical properties. Furthermore, it exhibits characteristics such as high compressive strength, resistance to freeze, endurance to acid, non-combustible nature, and easy fabrication mechanism. These factors essentially drive the adoption and production of foam glass gravel.
Europe to be the Fastest-Growing Region by 2028
Loose-fill cellular glass is largely adopted in water capillary tubes as a lightweight filling material, insulation barrier, and underground drainage construction, a major trend in Europe. The European Government is also establishing various test plans, including Common Understanding of Assessment Procedure (CUAP) as well as DIBt. The programs are incorporated in order to test the loose-fill cellular glass based on compact ability, thermal conductivity, particle size, and resistance to freezing point.

Numerous leading players operating in the global market offer various products at different pricing strategies. In addition, consumers also possess a moderate inclination towards shifting to products provided by other companies. Although the transition is not easy, firms are upgrading their product portfolio to retain their customers. Key enterprises in the market are Owens Corning, SZECO Insulation Technology Co Ltd, Amity Insulation Group Inc, etc.

Related Reports:
GLOBAL RECYCLED GLASS MARKET - https://inkwoodresearch.com/reports/recycled-glass-market/
GLOBAL ADVANCED GLASS MARKET - https://inkwoodresearch.com/reports/advanced-glass-market/

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About Inkwood Research
Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

This release was published on openPR.