CHICAGO, July 17, 2024 /PRNewswire/ -- The report
"Fire Resistant Glass Market by type
(Laminated, Ceramic, Wired, Tempered), End-Use Applications
(Building & Construction, Marine), and Region (North America, Europe, Asia
Pacific, South America, And
MEA) - Global Forecast to 2029", is estimated at USD 10.4 billion in 2024 and is projected to
reach USD 16.1 billion by 2029, at a
CAGR of 9.0% from 2024 to 2029. The increasing demand for fire
resistant glass in the Asia-Pacific region, growing shift toward
bio-based renewable substitutes, environment sustainability, and
rising joint venture, and cross-industry collaboration activities
undertaken by companies are the key factors responsible for the
growth of the fire-resistant glass market.
Browse in-depth TOC on "Fire Resistant Glass Market"
271 – Tables
53 – Figures
224 –
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Ceramic type accounted for the second- largest market share
in 2023, in terms of value.
In 2023, ceramic type of fire resistant glass type accounted for
the second-highest market share in the global fire resistant glass
market, in terms of value. The ceramic glasses can be tinted,
mirrored, and clear. Moreover, they are becoming a popular choice
among the fire resistant glass manufacturers and end users due to
their wide range of aesthetic offerings. The ceramic fire resistant
glasses, such as FireLite, provide fire ratings between 20 minutes
and 3 hours. They can withstand the thermal shock from the water
thrown by sprinklers of fire hoses.
Marine end-use application accounted for the second-largest
market share, in terms of value in 2023.
Global fire resistant glass market has been segmented based on
the endues applications. In 2023, marine segment accounted for the
second-largest market share the market in terms of value. The fire
resistant glasses are finding wide acceptance in the marine
industry. In the past, there have been various incidences where
yachts and marine vessels have sunk due to fire incidents. In case
of fire in a vessel, the fire resistant glass holds the fire in a
particular area or chamber; it does not allow the spread of fire
and smoke. In the large marine vessels, the fire resistant glass
protects the cargo from the fire and prevents the fire from
spreading. The fire resistant glass is used in all types of marine
vehicles, including cruise ships, cargo ships, ferry, jack-up
drilling platforms, and so on. In the marine vessels, the fire
resistant glasses are used in doors, windows, cargo-holds, and
partitions. Marine transport often involves a significant fire
risk.
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North America region
accounted for the second-largest share in 2023, in terms of
value.
North America is considered as
a strong market for fire resistant glass, which is also the
second-largest region in the global fire resistant glass market.
The increasing demand for passive fire protection, stringent
government regulations, and a strong base of building &
construction, and marine sectors are the key factors that govern
the growth of the fire resistant glass market in North America. the increasing awareness about
the disadvantages of active fire protection, which needs to be
activated either mechanically or electronically during fire mishaps
and requires a certain degree of motion and response to work, the
demand for passive fire protection systems is increasing in this
region.
Key Players:
Prominent companies in the fire resistant glass market include
Vetrotech Saint-Gobain International AG (Switzerland), SCHOTT
AG (Germany), AGC Inc.
(Japan), Nippon Sheet Glass Co.,
Ltd. (Japan), Pyroguard Ltd. (UK),
Anemostat (US), Fuso Glass India Pvt. Ltd. (India), Promat International NV (Belgium), Ravensby Glass Co. Ltd. (UK), and
SAFTI FIRST (US).
Browse Adjacent Market: Ceramics and Glass
Market Research & Consulting
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