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

The fire resistant glass market generated revenue of USD 3.56 Billion in 2015, and is projected to register a CAGR of 12.9% between 2016 and 2021. 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. In this study, 2015 has been considered as the base year and 2021 as the forecast year for estimating the market size of fire resistant glass between 2016 and 2021.

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

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  1. MarketsandMarkets™ Presents Fire Resistant Glass Market worth 7.36 Billion USD by 2021

  2. 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.

  3. Browse • 167 market data Tables • 55 Figures spread through 178 Pages • Early buyers will receive 10% customization on reports. • Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=4756930

  4. 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.

  5. 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. • Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=4756930 .

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  7. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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