Fire-resistant glass market is projected to grow at a considerable CAGR of 8.9% during the forecast period. The growing construction and transport industry across the globe along with the rising emphasis on improving the fire safety standards is a key promoter to the growth of the global fire-resistant glass market. The growing usage of glasses in the interior and exterior of buildings to improve the aesthetic appearance of the building has propelled the demand for different kinds of glasses. Fire-resistant glass is highly being adopted in commercial construction projects to meet the decoration purpose along with the creation of a barrier for an unwanted fire hazard. Manufacturing of doors, windows partitions, transoms, roofs, and facades in buildings is a key application of fire-resistant glass in the building and construction industry.
The rising incidents of fire mishaps across the globe have created the demand for materials that possess high resistance to the fire. This, in turn, has contributed to increased investment by local governments globally to improve the fire protection of residential and commercial buildings, among others. Besides, the increasing adoption to fire alarm systems in all building categories, cohesive government regulation, growing urbanization in the emerging economies, and growth in the construction of high-rise buildings are the major factors that are driving the market. The biggest concern for the security of human life and property has been safety measures in high-rise buildings or complexes, and this is where fire-resistant glass is taken into account.
Fire resistance glass provides a defensive shield that prevents fire, smoke, and gas from spreading to adjacent areas that are not on fire. Integrity, radiation protection, and insulation are the key properties of fire-resistant glasses. Volatility in the prices of fire-resistant glass raw materials, heavy competition among the major players in the industry, and high capital expenditure in the manufacture and marketing of these glasses are some of the main factors that are constraining the growth of the global fire-resistant glass market.
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Fire-Resistant Glass Market Segmentation
By Product
- Wired
- Ceramic
- Tempered
- Laminated
- Others
By Application
- Building & Construction
- Marine
- Others
A full Report of Fire-Resistant Glass Market is Available @ https://www.omrglobal.com/industry-reports/fire-resistant-glass-market
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- AGC, Inc. (Asahi Glass)
- Alderfer Glass Company
- Allegion Plc
- Beijing Northglass Technologies Co. Ltd.
- Central Glass Co., Ltd.
- ESG Group, Ltd.
- Etex Building Performance N.V.
- Euroglas GmbH
- Fire Glass UK, Ltd.
- Fuso Glass India Pvt. Ltd.
- Future Architecture Glass LLC
- Glas Trösch AG
- Glass Specialized Industries (GSI) Co. Ltd.
- Guangdong Golden Glass Technologies, Ltd.
- IQ Glass Solutions, Ltd.
- Mcgrory Glass, Inc.
- Metalco Glazing, Ltd.
- Minneapolis Glass Company
- Nippon Sheet Glass Co., Ltd.
- O'Keeffe's, Inc.
- Press Glass S.A.
- Pyroguard UK, Ltd.
- Qingdao Migo Glass Co., Ltd.
- Ray-Bar Engineering Corp.
- Saint Gobain S.A.
- SCHOTT AG
- Sejal Glass, Ltd.
- Shandong Hengbao Fireproof Glass Factory Co., Ltd.
- TERMOGLAS d.o.o.
- Torstenson Glass Company
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Contact Person: Mr. Anurag Tiwari
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Article source: https://article-realm.com/article/Business/59359-Fire-Resistant-Glass-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2030.html
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