Key Players in the Market: Nippon Sheet Glass Co. Ltd. (Japan), Nippon Electric Glass Co. Ltd. (Japan), Schott AG (Germany), Asahi Glass Co. Ltd. (Japan), Compagnie De Saint Gobain (France), Promat International NV (Belgium), Glass Dynamics Inc. (U.S.)
(PRWEB) January 15, 2015
The research report, “Fire Resistant Glass Market by type (Wired, Ceramic, Tempered, and Laminated), by application (Building & Construction, Marine, and Others), and by region - Trends & Forecast to 2019”, defines and segments the global fire resistant glass market with analysis and forecast of the market size, by value and volume. It also identifies driving and restraining factors for the global fire resistant glass market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges.
Browse 131 Market Data Tables and 69 Figures spread through 200 Pages and in-depth TOC on “Fire Resistant Glass Market”.
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The market is segmented and values are projected on the basis of key regions, such as North America, Europe, Asia-Pacific, and ROW (Rest of the World). The leading countries are covered and projected for each region. Further, the market is segmented and values are estimated on the basis of different types and applications.
Europe: Largest Market of Fire Resistant Glass
Europe is currently the largest market for fire resistant glass. Germany is the largest consumer of fire resistant glass in this region. This market in Europe is estimated to reach $2.33 billion by 2019.
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The favorable market forces driving the market for fire resistant glass in Europe are:
- Stringent fire safety regulations in the region
- Comparatively higher processing of fire resistant glass
- Growing construction industry in some countries, such as Germany and Poland
Laminated Glass: Largest Segment of Fire Resistant Glass Market
Laminated glass is currently the largest segment of fire resistant glass market. The laminated glasses are considered to be the material of choice in European market. The laminated glasses allow architects and builders to meet the stringent fire safety regulations and building codes in major markets. Laminated glasses blocks flames and smoke, along with the radiant & conductive heat. The consumption of laminated fire resistant glasses is projected to reach $3.01 billion by 2019. Europe is currently the largest consumer for laminated fire resistant glass segment. The market size, in terms of value, of this segment in Europe is estimated to grow at a CAGR of 11.95% between 2014 and 2019. Asia-Pacific is the fastest-growing market for laminated glass segment, registering a CAGR of 15.36% between 2014 and 2019.
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Building & Construction: Largest Application Segment of Fire Resistant Glass Market
Building & construction is currently the largest application of fire resistant glass. In terms of value, the market for building & construction segment is estimated to grow at a CAGR of 13.00% from 2014 and 2019. Fire resistant glasses are used in fire windows, doors, and walls in schools, hospitals, and other residential & commercial buildings. The fire resistant glasses allows for safe passage in case of fire and blocks fire, smoke and radiant heat from spreading to other parts of buildings.
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