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Fire Resistant Glass Market analysis and forecast 2016 - 2024

Post Time:Jun 12,2016Classify:Industry NewsView:634

The key applications areas of fire resistant glass include boats, building and construction, defense, and others. The building and construction sector is the largest application segment of the global fire resistant glass market. Fire resistant glasses are extensively used to build fire windows, walls, and doors in hospitals, schools, and other commercial and residential buildings.

China Glass Network

Global Fire Resistant Glass Market: Overview
A spike in fire-related accidents and loss of assets are the primary factors driving the the global fire resistant glass market. The market is witnessing a significant growth since the last decade. Implementation of various fire safety codes and regulations by governments across nations has also supported the growth of the market. Developed economies in Europe and North America have been at the forefront in implementing the fire safety regulations. The International Building Code (IBC) and National Fire Protection Association (NFPA) are the key regulatory bodies deciding the standards and codes for fire resistant products. Vendors in the market are required to adhere to these safety standards while developing innovative and novel fire resistant glasses. Furthermore, fire resistant glasses are needed to comply with various other building safety and fire protection norms such as UL 10B and UL 10C.

Global Fire Resistant Glass Market: Region-wise Outlook
The global fire resistant glass market has been segmented into four key regions: Europe, Asia Pacific, North America, and Rest of the World. Europe is one of the largest consumers of fire resistant glass, followed by Asia Pacific. Factors such as stringent fire safety regulations across the European Union, growing construction industry across Germany and Poland, and comparatively higher processing of fire resistant glass are aiding growth of the Europe fire resistant glass market. In Asia Pacific, the rapid growth of the construction sector across urban areas has fuelled the demand for fire resistant glasses. In fact, Asia Pacific is anticipated to witness the fastest growth in the market during the forecast horizon owing to the growing demand from India, China, South Korea, and Indonesia.

Global Fire Resistant Glass Market: Vendor Landscape
Some of the key players operating in the global fire resistant glass market are Glass Dynamics Inc. (U.S.), Nippon Electric Glass Co. Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), Schott AG (Germany), Promat International N.V. (Belgium), Asahi Glass Co. Ltd. (Japan), Compagnie De Saint Gobain (France), Ravensby Glass Co. Ltd. (U.K.), Technical Glass Products (U.S.), SAFTI FIRST Fire Rated Glazing Solutions (U.S.), and Fuso Glass India Pvt. Ltd. (India). The market players are focusing on mergers and acquisitions, and joint ventures to expand their market share. Furthermore, various fire resistant glasses for refineries, buildings, and ships are being developed by the players.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
The report is available from
http://www.transparencymarketresearch.com/fire-resistant-glass-market.html

Source: http://www.glassonline.com/site/news/topic/MarketsAuthor: shangyi

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