Press release
Fire Resistant Glass Market: Regional Growth, Challenges, and Forecast with CAGR 8.8% by 2030 | Schott AG, NSG Pilkington, Pyroguard, Asahi Glass, Saint-Gobain
Fire Resistant Glass Market Scope:Market size value in 2023 - USD 10.2 Billion in 2023
Market size value in 2030 - USD 15.4 Billion
CAGR (2023-2030) - 8.8%
Forecast Period - 2023-2030
Segments Covered - Type, Frame System, Class, End-Use And Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Schott AG, NSG Pilkington, Pyroguard, Asahi Glass, Saint-Gobain
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Browse in-depth TOC on "Fire Resistant Glass Market"
178-Tables
95-Figures
332-Pages
The market for fire resistant glass is dominated by North America
North America leads the fire-resistant glass market for several important reasons due to local building safety laws mandate the use of fire-resistant materials including glass in commercial and residential building also the greater understanding among architects, builders and homebuilders about the importance of fire safety is driving demand and the technology and innovation in glass manufacturing in North America will improve product performance and aesthetic appeal. The strong growth in sectors such as healthcare, hospitality and commercial real estate has led to the adoption of fire-resistant glass solutions across the country.
The Asia Pacific region is emerging as a significant market for fire resistant glass due to various factors such as the rapid urbanization and industrialization in countries such as China, India and Southeast Asian countries are driving extensive construction activities in the residential, commercial and industrial sectors. The increased awareness of safety standards and laws are influenced by international activities is increasing the demand for fireproof materials including glass also the increased investment especially urban development projects and urban projects will contribute to the introduction of construction technologies including fire-resistant glass and the increasing disposable income and growing consumer demand for safe and durable residential properties are contributing to the emergence of the Asia Pacific market.
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Top Key Players Covered in the Report-
are Schott AG, NSG Pilkington, Pyroguard, Asahi Glass, Saint-Gobain, Kuraray, Ravensby Glass, Fuso Glass and Others.
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Recent Developments-
• May 2022, AGC Inc. announced plans to expand the production capacity of its new company, AGC Vinythai Public Company Limited in Thailand. The total investment in this expansion is estimated at more than 100 billion yen.
• May 2022, Saint-Gobain has signed sales agreements with Portuguese companies Falper and Fibroplac in line with the company's "Grow and Impact" strategy. This strategy gave good results in the Portuguese market.
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