Growing Construction Industry Driving Fire-Resistant Glass Market

The global fire-resistant glass market is anticipated to exhibit a CAGR of 8.9% during the forecast period. The outlook of the construction industry appears upbeat, consequently increasing the demand for fire-resistant glass, globally to restrain the fire from the spread. According to a study by the Institution of Civil Engineers (ICE), the global construction industry is expected to reach a value of $8 trillion by 2030, primarily driven by China, India, and the US. In Europe, the construction industry has witnessed a solid growth rate and is estimated to record an average year-on-year growth of about 6% in the next few years. 

Browse the full report description Global Fire-Resistant Glass Market Size, Share & Trends Analysis Report by Product (Wired, Ceramic, Tempered, Laminated, Others) by Application (Building & Construction, Marine, Others) Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/fire-resistant-glass-market

The growing preference of making construction structure with glasses to enhance its aesthetic appeal is creating demand for fireproof glasses to safeguard the valuable assets stored in the residential and commercial buildings. The rising demand for construction is thus anticipated to drive the growth of the global market. Looking towards the rising demand for fire-resistant glasses key players are making efforts to regain market share by enhancing reach to the customers. For instance, in August 2020, AGC Inc. had launched a new website for its Pyrobel fire-resistant range to promote its Pyrobel's wide range of solutions capable of delivering fire protection lasting 15 to 180 minutes.

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2019-2026
• Segment Covered- By Product Type, Application
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- SCHOTT AG, Nippon Sheet Glass Co., Ltd., Saint Gobain S.A., AGC, Inc. (Asahi Glass), and Allegion Plc.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Fire-Resistant Glass Market Report Segment

By Product

• Wired
• Ceramic
• Tempered
• Laminated
• Others

By Application 

• Building & Construction
• Marine
• Others

Global Fire-Resistant Glass Market Report Segment by Region 

North America           

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa 
• Latin America