Fire Resistant Glass Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Analyst Perspective

The global fire-resistant glass market is estimated to register aCAGRof ~12% from 2022 to 2031. Fire-resistant glass is a crucial safety feature in construction. The market has seen growth due to increasing awareness regarding fire safety. There are numerous advantages, such as thermal resistance, shatter resistance, high impact safety, sound reduction, and others. In recent years, fire-resistance glass has been widely adopted as a safer replacement for conventional glass. Fire-resistant glass is used in the construction, automobile, marine, and defense sectors, and with the expansion of all these industries, there is high demand for fire-resistant glass. As a result, the fire-resistant glass market is expected to grow in the forecasted period.

Market Overview

Fire-resistant glass is specially designed to withstand high temperatures and prevent fire. Fire-resistant glass is usually made up of multi-layered glass with layers of fire-resistant materials. Fire-resistant glass prevents fire from spreading from one place to another. With the advancement of technology, fire-resistant glass manufacturers have provided a wide range of design options that look more aesthetic. Stringent fire safety regulations across various industries significantly drive growth in the fire-resistant glass market. High price and quality control issues may hamper the growth of the fire-resistant market.

Market drivers

The growth of urbanization demands modernization in infrastructure, which primarily leads to growth in the fire-resistant glass market. Many government organizations have set safety standards for using fire-resistant glass to enhance safety measures in residential and commercial buildings. Implementing safety codes in application markets significantly contributes to the expansion of the fire-resistant glass market. Fire-resistant glass is also widely used in the automobile industry to manufacture windscreens, windows, and interior glasses, rapidly increasing the demand for fire-resistant glass.

Market Segmentation

The fire-resistant glass market is segmented based on type and application. The global fire-resistant glass market is segmented based on type into laminated, ceramic, tempered, and wired. The fire-resistant glass market, based on application, is segmented into building & construction

,

marine

,

military & defence, and others.

Regional Analysis

The report provides a detailed industry overview, which includes qualitative and quantitative information. It also provides an overview and forecast of the global fire-resistant glass market based on several segments. Additionally, it provides market size and forecast estimates from 2021 to 2031 concerning five major regions: North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The regional fire-resistant glass market is also sub-segmented by respective countries and segments. The fire-resistant glass market report covers a complete analysis and forecast of eighteen countries worldwide and the prevailing trends and opportunities in the region.

The report analyses factors affecting the fire-resistant glass market from both the demand and supply sides. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting these regions' fire-resistant glass markets.

Key Players

The reports cover vital organic and inorganic growth strategy developments in the fire-resistant glass market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities noted in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. Market players in the fire-resistant glass market anticipate profitable growth opportunities with the rising demand for fire-resistant products globally.

The report includes key companies' profiles, SWOT analysis, and fire-resistant glass market strategies. The report also focuses on leading market players with information including company profiles, components, and services offered, financial information for the last three years, and critical development in the past five years.

Below is a list of companies engaged in the fire-resistant glass market.

• Safti first
• Technical Glass Product
• AGC Inc. (Asahi Glass)  
• Schott AG  
• NSG Group 
• Press Glass SA  
• Pyroguard
• Anemostat
• Ravensby glass 
• Saint Gobain 

Fire Resistant Glass Report Scope