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Fire Resistant Glass Market

Fire Resistant Glass Market was valued USD 10.2 Billion in 2023 and projected to reach USD 15.4 Billion by 2032, growing at a CAGR of 8.8% during the forecast period of 2023-2032 - published by MarketDigits
Published 18 November 2024

According to a research report "Fire Resistant Glass Market by Type (Gel-Filled Fire Resistant Glass, Tempered/Toughened Fire Resistant Glass, Wired Fire Resistant Glass, Ceramic Fire Resistant Glass, Laminated Fire Resistant Glass), Frame System (Aluminum, Steel, Timber, Plastics and Composites) Class (EW Class, EI Class, E Class), End-Use (Building and Construction, Commercial Buildings, Industrial Building, Transportation, Others), & Region.

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  • 156 - Market Data Tables 
  • 71 - List of Figures
  • 201 - Pages

Market Overview: Fire-rated glass is a special type of glass that has been shown through fire tests to provide long-term fire protection. Governments across the globe have enacted various fire safety laws and regulations which have aided the growth of the market such as the International Building Code and the National Fire Protection Association are the primary regulatory agencies that set product standards and fire ratings. The increasing commercial construction activities across the globe and increasing fire safety standards for construction are driving the market growth and other factors driving the market demand are the growing demand for fire-resistant cabins in marine and commercial vessels and increasing investments in the marine industry across the globe. The Increasing incidence of fire accidents and rising construction industry will further drive the market growth during the forecast period the increase in fires has led to increased spending by national governments around the world to improve fire safety in buildings including residential and commercial also the movement of population towards urban economic centers has increased the demand for urban housing projects and high-rise buildings which has led to the development of various residential projects with adequate fire safety standards.

Market Dynamics

Drivers:

  • Increase in growth of commercial construction industry
  • Increase in rapid urbanization
  • Strict building safety regulations

Opportunities:

  • Expansion in emerging market
  • Integration with small building technology
  • Vertical integration and supply chain optimization

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.

Key Players covered in the market report:

  • Schott AG
  • NSG Pilkington
  • Pyroguard
  • Asahi Glass
  • Saint-Gobain
  • Kuraray
  • Ravensby Glass
  • Fuso Glass

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Segmentations Analysis of fire resistant glass market: -

  • By Type
  • By Frame System
  • By Class
  • By End-Use
  • By Region

 Recent Development: 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.

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