Press release
Fire Resistant Glass Market to Cross $3.4 billion at a CAGR of 6.1% from 2020 to 2025
Fire Resistant Glass Market 2022
Fire resistant glass is made of specially treated and strengthened glass that can withstand high temperatures for a period of time. The main use of fire resistant glass is in the construction industry, where it is used to make windows, doors, and other fixtures that need to be able to resist heat and flames in the event of a fire. Fire resistant glass is also used in other industries, such as transportation and manufacturing.
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The global market for fire resistant glass was valued at $3.4 billion in 2022 and is projected to grow at a CAGR of 6.1% from 2020 to 2025. The growth of this market can be attributed to the increasing demand for fire-resistant buildings and vehicles worldwide. Fire resistant glass is also becoming increasingly popular due to its ability to reduce the spread of fires and protect people and property from damage.
Fire resistant glass is a safety glass primarily used for protection from fire, smoke, and heat. Now a days, usage of glazed screens is increasing for aesthetic purposes and more safety with comfort. But the glazing must be fire resistant complying with the government regulations made for different end uses such as commercial building and offices.
In places like hospitals, hotels, restaurants, office buildings, computer rooms, schools, stores, shopping centres, airports, industrial buildings, warehouses, and laboratories, where people demand natural light and clear visibility and where building codes specify a specific level of fire resistance, fire resistant glasses are typically used.
The fire resistant glasses have many advantages over other forms of safety glasses, including clarity that offers good vision without distortion, safety from fire, sound suppression, unique and bespoke small and big sizes, compatibility with other types of glasses, and fire screens and doors.
Key Players-
Examples of some of the market participants identified across the value chain, who are involved in the manufacture of fire resistant glass include Compagnie
• De Saint-Gobain
• Nippon Sheet Glass Co., Ltd.
• SCHOTT AG
• ASAHI GLASS CO., LTD.
• Pyroguard UK Ltd.
• Fuso Glass India Pvt. Ltd.
• FIRE GLASS UK
• IQ Glass Solutions Ltd
• Euroglas GmbH
• Glas Trösch AG among others.
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Global Fire Resistant Glass Market: Segmentation
The global fire resistant glass market can be segmented on the basis of type, material, and end-use industry.
On the basis of type, global fire resistant glass market can be segmented into laminated, wired, tempered, and ceramic.
On the basis of material, global fire resistant glass market can be segmented into E-class, EW-class, EI-class, and others. E-class fire resistant glass segment is further divided into monolithic glass and wired glass.
EW-class fire resistant glass segment is further divided into float glass with interlayer and coated safety glass. EI-class fire resistant glass segment is further divided into float glass with multiple interlayer and tempered glass with interlayer.
On the basis of end-use industry, global fire resistant glass market can be segmented into building and construction, marine, transportation, and others. Building and construction segment is further divided into residential, commercial, and industrial.
Global Fire Resistant Glass Market: Region-wise Outlook
Throughout the projected period, Europe is anticipated to continue to hold a leading position in the global market for fire resistant glass. More than half of the market share for fire resistant glass is predicted to come from Europe. The need for fire resistant glass in Europe is being driven by favourable laws put forth by the European government and an expansion in significant end use industries like building and automotive.
North America will likely come in second place to Asia-Pacific in terms of market share for fire resistant glass worldwide. The market for fire resistant glass is anticipated to grow at a rate primarily in Asia Pacific.
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Key Questions Answered in Fire Resistant Glass Market Report -
Who are the Major Manufacturers and Suppliers of Fire Resistant Glass?
What will the Fire Resistant Glass Market growth rate in Future?
What are the key factors driving the global Fire Resistant Glass Market?
Who are the key manufacturers in Fire Resistant Glass Market space?
What are the opportunities and threats faced by the vendors in the global Fire Resistant Glass industry?
What are sales, revenue, and price analysis by regions of Fire Resistant Glass industry?
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