The market size of fire resistant glass is projected to reach USD 7.36 Billion by 2021

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MarketsandMarkets Presents

Fire Resistant Glass Market worth 7.36 Billion
USD by 2021

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The report "Fire Resistant Glass Market by Type
(Laminated, Ceramic, Tempered, Wired), by
Application (Building Construction, Marine, and
Others), and by Region - Global Forecast to
2021",global fire resistant glass market is
projected to reach USD 7.36 Billion by 2021, at a
CAGR of 12.9. The market size was 9.57 Million
square meters in 2015, and is projected to
register a CAGR of 10.5 during the forecast
period. This growth is fueled by the increasing
production capacities, rising development
strategies, growing shift toward ceramic and
laminated fire resistant glass, and growing
application sectors globally.

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• 167 market data Tables
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Laminated The largest fire resistant glass
market, by type Laminated is the largest type
segment of the fire resistant glass market, as
these glasses have the ability to provide
effective glazing solutions with impact
resistance, and heat smoke resistivity. The
demand for laminated fire resistant glasses is
higher in applications where the fire safety and
impact resistance codes are the highest. These
glasses are made with various forms of
interlayering such as EVA, PVB, and Gel depending
on the application requirement. The wide
application areas coupled with the growing
adoption of development strategies for
high-quality and fire resistivity for long
duration are expected to increase the demand for
laminated fire resistant glasses significantly in
the global market during the forecast
period. Building construction The largest
application market for fire resistant
glass Building construction is currently the
largest application of fire resistant glass.
These glasses are used in fire-rated windows and
doors, as they allow safe and unhindered passage
access for people, firefighters, and rescue
workers during fire mishaps. Their ability to
prevent smoke and radiant heat from spreading in
other parts of the building has made them a
preferred option in various commercial and
residential building applications such as
schools, hospitals, stairs, and passages. The
stringent building safety norms and regulations
is another key factor contributing to the growth
of the fire resistant glasses in this application
segment.
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• Western Europe The largest market for fire
  resistant glass
• Western Europe is estimated to be the largest
  market for fire resistant glass globally. This is
  mainly attributed to the presence of a large
  number of fire resistant glass manufacturers,
  increasing government support, rising foreign
  investments, and growing demand for ceramic,
  tempered, and laminated fire resistant glasses
  from the building construction, marine,
  transportation, and aerospace industries. Germany
  dominates the market owing to the stringent
  building safety codes and fire safety regulations
  for commercial buildings, and developmental
  strategies adopted by the manufacturers.
• The global fire resistant glass market is
  fragmented owing to the presence of a large
  number of buyers and suppliers worldwide.
  Increasing rivalry among the players to obtain
  majority of the patents for fire resistant glass
  used in applications such as building material,
  transportation, oil refinery, and aerospace has
  played a major role in intensifying the level of
  competition. Major players such as SCHOTT AG
  (Germany), Compagnie De Saint-Gobain (France),
  and Asahi Glass Co. Ltd. (Japan) have adopted
  organic and inorganic developmental strategies.
•  
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  /speaktoanalyst.asp?id4756930

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