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Pre Fabricated Glass Block Market to Record Ascending Growth By 2025
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Pre-Fabricated Glass Block Market: Market Dynamics
Market of Pre-Fabricated Glass Block is on upward scale, owing to increase in uses of prefabricated glass block for home interior solution such as window and floor application. Excellent fire rating, good sound reduction quality, high thermal insulation as well as good light conductivity with increased security are some built in advantages that are estimated to boost the growth of prefabricated glass block market in the forecast period. U.S. Green Building council (USGBC) and LEED (Leadership in Energy and Environmental Design) are widely using the prefabricated glass blocks for the green building project which in turn, has increased the demand of prefabricated glass blocks in the market. Moreover, glass block is made of glass and typically bonded together with mortar, it does not require any maintenance or special care this factor is anticipated for the growth of said market.
It is crucial to become familiar with the technical properties of glass block because working with glass block requires a certain level of skill and a thorough understanding of the material. This factor can act as restraint for the prefabricated glass block market.
Now a days, these glass blocks are used in hospitals, clinics, government construction projects and polices stations owing to its health, safety and environmental benefits as well as resistance to surface condensation. These factors become the driver for the prefabricated glass block market in the upcoming years.
The Global Pre-Fabricated Glass Block Market can be segmented into five geographical regions such as North America, Latin America, Asia-Pacific, Europe, Middle East and Africa. The Asia-Pacific market is estimated to grow in the forecast period, owing to increase in disposable income, household activity and infrastructural development. Asia pacific region is also projected to hold a prominent market share in the Pre-Fabricated Glass Block Market. Furthermore, the market in North America is expected to grow with high CAGR, due to high standard of living and increase in construction activity. European market is one of the prominent region for the said market due to increase in industrialization. The Middle East and Africa market is expected to grow with moderate pace in the upcoming years, owing to growing construction and building that boost the growth of Pre-Fabricated Glass Block Market.
Pre-Fabricated Glass Block Market: Market participants
Examples of some of the market participants identified across the value chain of the global Pre-Fabricated Glass Block market includes:
Nippon Electric Glass Co., Ltd
ELECTRIC GLASS BUILDING MATERIALS CO., LTD.
Shackerley (Holdings) Group Ltd
Circle Redmont
SEVES GLASSBLOCK
Cincinnati Glass Block (RGF Industries)
Global Glass Block Co.
Mulia Industrindo
Hebei Jihengyuan Industrial Group Co., Ltd
Dezhou Jinghua Group co.ltd
Sierra Glass Block and Hawaii Glass Block
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