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Allied Market Research

Fire-resistant Glass Market: Global Opportunity Analysis and Industry Forecast 2020–2027

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Jun 2021 | 121 Views
 
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Fire-resistant Glass Market Analysis 2020-2027:

Fire-resistant glass is a special type of glass, which is capable of withstanding fire for a prolonged period. The degree of the temperature which it can hold depends on the type of glass used, however, all fire-resistant glasses help prevent the spread of fire and protect the infrastructure. The only way to control fire is to restrict the further spread of it, which can be facilitated be done with the help of fire-resistant glass. In addition, fire-resistant glass provides clarity in vision; safety from fire, smoke, and heat; and aids in noise cancellation. Various types of these glasses are available in the market based on the thickness, radiation levels, and insulation. Owing to its potential to save many assets, the fire-resistant glass market has witnessed rapid growth in terms of demand.    

Market scope and structure analysis:

  Market size

2019-2027

  Base year considered

  2019

  Forecast period

  2020-2027

  Forecast units

  USD Million

  Segments covered

  Type, Application, and Region

  Regions covered

North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and LAMEA

  Companies covered

Fuso Glass India, Pvt. Ltd, NSG Pilkington, De Saint-Gobain, Pyrogaurd, Anemosta, Promat International NV, SCHOTT AG, Asahi Glass Co. Ltd., and AIS Glass

 

Fire-Resistant Glass By Type:

  • Wired
  • Ceramic
  • Laminated
  • Tempered

Fire-Resistant Glass By Application:

  • Building & Construction
  • Marine
  • Others

Covid-19 Scenario Analysis

  • Outbreak of coronavirus has imposed nationwide lockdown and has temporarily closed manufacturing industry which in turn has disrupted supply of raw materials that are required for manufacturing of fire-resistant glass
  • Production has been stopped because of the lockdown
  • Reduction in the revenue due to lack of sales

Market Scenario Analysis

Fire-resistant glass is majorly applicable across various industries such as buildings &construction, transportation & defense, and marine; hence, increase in use of these glasses for industrial development has helped in boosting the overall growth of the market. Rise in number of fire incidents and loss of assets are the key factors, which significantly contribute toward the growth of the market. Government has been implementing various rules and regulations as a safety measures in order to minimize the risk associated with fire accidents, which support the growth of the market across the globe. In addition, the usage of glass in the commercial buildings for aesthetic purpose and protection of assets has fueled demand the market growth, globally. 

Market Drivers

Rise in utilization of fire-resistant glass in various end-users such as building & construction, marines, and others and increase in industrialization are the key factors expected to drive the market growth during the forecast period. The use of fire-resistant glass in modern buildings in the residential and commercial sectors due to implementation of various government safety norms further boost the demand for the product. Furthermore, rise in construction activities and increase in urbanization in developing countries boost the growth of the global market. In addition, enforcement of government policies for the use of these glasses in commercial and residential buildings has augmented the growth of the market.

Market Trends

Fire-resistant glass is widely used across commercial and residential buildings as a safety precaution, as it prevents the spread of fire, smoke, and heat.  It is classified based on integrity, radiation, and insulation. Moreover, transparency of these glasses, which facilitates easy flow of light boosts its demand, globally. 

Market Challenges

Rise in energy cost is majorly impacting the growth of glass manufacturing, and acts as a key challenge of the global market. Furthermore, the cost of manufacturing glass has increased due of upsurge in cost of raw materials such as soda ash, silica sand, silicates, and limestone, which, in turn, creates a barrier to growth of fire-resistant glass market.

Key Benefits Of The Report 

  • The report gives us an idea about the market scenario of fire-resistant glass with future estimations to determine proper investments.
  • The report present information about market drivers, recent trends, and challenges faced by fire-resistant glass.
  • The report provides a detailed global fire-resistant glass market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered In This Report

  • What are the leading market players active in the global fire-resistant glass market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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