Fire Resistant Glass Market - Forecast(2021 - 2026)

 

Overview

Fire Resistant Glass Market size is forecast to reach $11.5 billion by 2025, after growing at a CAGR of 12.1% during 2020-2025. Fire resistant glasses control smoke, fire, and heat, thereby letting safe passage in case of fire. The rise in fire-related accidents has propelled the demand for fire resistant glasses. Lately, it has been observed that the market for passive fire protection has grown significantly. It can be attributed to the low maintenance cost of passive fire protection as compared to active fire protection. Furthermore, the performance and reliability of passive fire protection systems are higher than that of active fire protection systems. Fire resistant glass is one of the passive protection systems and hence, it is witnessing increasing adoption across various sectors.


Report Coverage

The report: “Fire Resistant Glass Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Fire Resistant Glass Market Industry.
By Type: Wired, Ceramic, Tempered, Laminated, and Others
By Application: Paints & Coatings, Building & Construction, Marine, Polymer Manufacturing, Printing Inks, Adhesives and Others. 
By Geography: North America, South America, Europe, APAC, and RoW


Key Takeaways

  • New product developments and increasing investments in research and development of fire resistant glass are expected to drive the growth of this market.
  • Rising emphasis on improving the fire safety standards of the commercial as well as residential infrastructure is expected to have a positive impact on the industry growth.
  • Asia Pacific dominated the fire resistant glass market.


By Type - Segment Analysis

Ceramic segment held a significant share in fire resistant glass market in 2019. Growing use of ceramic glass in the form of insulated glass units (IGU) owing to its superior fire resistance from 20 minutes to 3 hours, along with the ability to withstand thermal shock, is likely to drive the demand over the forecast period. In addition, the sound insulation properties of the ceramic products boost its demand, which is likely to have a positive influence on the fire resistant glass market growth. The demand for ceramic fire resistant glasses is mainly driven by their ability to provide aesthetic appeal to the end products at lower prices and resistance to thermal shock during firefighting, in comparison to the laminated glasses. 


By Application - Segment Analysis

Building & Construction segment held a significant share in fire resistant glass market in 2019 growing at a CAGR of XX% during the forecast period. These glasses are largely used in building & construction industry to prevent the spread of flames and smokes and block the transfer of radiant and conductive heat. The increasing building safety codes and fire safety regulations in major markets along with increasing demand for passive fire protection are driving the market for fire resistant glasses in this segment. Marine is anticipated to be grow at a significant pace ver the forecast period. The growth is attributed to rising use of fire resistant glass in ships and yachts to prevent the sinking of vessel containers in the event of fire break out.

We also publish more than 100 reports every month in "Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Location: United States

Comments

Post a Comment

Popular posts from this blog

Printed Tape Market - Forecast(2021 - 2026)

  Printed Tape Market  Overview Printed tape market size is forecast to reach  $38.4 billion by 2026 , after growing at a  CAGR of 5.9% during 2021-2026 . Printed tapes can help in spotlighting company, product or logo and can be also used as an alternative for printed cartons in tapes, owing to the printed tape market is witnessing an increase in demand. These printed tapes are hot melt and have fast adhesive strength of synthetic rubber even in lower temperatures as compared to acrylic adhesive, which is more resistant to aging and UV radiation. However, it also gives free professional design assistance, alignments, and quality checks at every step which makes the seller feel protective towards their product and avoids black-marketing. Growing public interest towards printed tapes for packaging will further enhance the overall market demand for Printed tape during the forecast period. Covid Impact The worldwide spread of the COVID-19 pandemic has disrupted the trad...
Read more

Pet Care Market - Forecast(2021 - 2026)

  Pet Care Market Overview: According to the European Pet Food Industry Federation (FEDIAF), the daily diet requirement for a dog and a cat are 37 and 40 nutrients respectively. [1]  This daily requirement of nutrients is largely fulfilled by canned pet foods which throws light on the essentiality of pet products in modern-day life. Pet care is a lucrative market growing rampantly in U.S. and U.K. owing to growing instances of pet ownership in these regions. The pet care market also includes items for pet grooming, pet accessories, pet shops, pet essentials, pet care clinics, pet care insurance, and many others. As a result of this increase in pet adoption, consumers are now spending colossal amounts of their income on pet care thereby ballooning the demand for pet products. Furthermore, ease of pet training and grooming facilities has considerably boosted the global pet care market which offered opportunities worth $125 billion as of 2018. During the forecast period 2019-2025...
Read more

Occupant Classification System Market - Forecast(2021 - 2026)

Image
  Occupant Classification System Market Overview The global Occupant Classification System Market size is estimated to surpass  $1.1 billion mark by 2026  growing at a projected CAGR of more than  6.2%  during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver safety and stringent government regulations related to occupant safety will boost the Occupant Classification Systems market. The market is driven by declining prices of the safety systems in passenger vehicles. The market is also driven by increasing number of accidents and stringent government regulations & policies. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belt tensioners, air-bags and  ABS (anti-lock braking)  in the vehicles...
Read more