Report Description:
The recent market intelligence report,
published by Data Insights Partner on the fire rated glass market makes an
offering of in-depth analysis of and sub-segments in both the regional and
international market. The research also emphasizes on the impact of drivers,
restraints and macro indicators on the regional and global fire rated glass market
over the short as well as long period of time. The report also includes the
benefits and market opportunities presented in this field. Beside this, a
detailed presentation of forecast, trends, and dollar values of the global
market is offered too. In accordance with the report, the fire rated glass market
is projected to expand at a CAGR of 11.6% over the period of forecast period of
2020-2028.
Market Insights, Drivers, Restraints and Opportunities:
Fire rated glass
is a special kind of glass which is used to provide protection against fire
break outs. The degree of protection offered by a fire rated glass depends on
the type and material of the glass but all fire rated glass provides a certain
amount of protection in general. Fire rated glass is usually used as a safety
measure in the buildings, constructions and other sectors.
The expanding construction and
building sectors, the increasing world population and the rising need for high-quality
residential and commercial infrastructure with growing disposable income are some
of the main drivers in the growth of fire rated glass market. Beside this, the
significantly high number of fire incidents over the past decade has encouraged
the governments to tighten the fire safety standards in both commercial and
residential buildings which in return has increased the demand for fire rated
glass. The ever-expanding automotive industry is also playing a key role in the
growth of the fire rated glass market. Many car and other vehicle manufacturers
are installing high-quality fire rated glass in windshields and windows due to
the rising focus on improvement of the infrastructure of vehicles as well as passenger
safety in modern vehicles which is helping in the expansion of the concerned
market.
The fire rated
glass market has a huge potential.
Though it is expanding very fast day by day, many things are preventing it from
using its full potential. Some of these restraints are–
§
High prices of the raw materials.
§
High transportation and exportation cost.
§
High cost of the end product.
§
Emission of harmful pollutants during
production.
§
Unavailability in many regions.
§
Lack of
awareness about the availability and benefits of the fire rated glass products in
the developing countries.
During the forecast period, North America followed by Asia
Pacific and Europe are expected to be the fastest-growing fire rated glass market.
The demand for fire rated glass in North American region is driven by its ever-growing usage in the industrial, marine and automotive sectors
and the increasing foreign investments in the said market. The increase in the
application of fire rated glass in buildings, hospitals, offices and schools is
projected to fuel the market growth for fire rated glass in the said region in
the next few years. The rapid
economic growth and increase in demand for better lifestyle in the said region
is expected to fuel high demand for these products. It is also believed that on
the basis of application, the building and construction segment will have the
largest share for the rising concerns over safety in the forecast period. For its
superior fire resistance, high thermal shock withstanding and sound insulation
properties, low prices and high efficiency, market for ceramic fire rated glass
in the form of insulated glass units (IGU) is also expected to rise
significantly in the said time.
Segmentation of Fire Rated Glass Market:
This market intelligence report on the
fire rated glass market is segmented based on product type, material,
application, end usage, distributional channel and the country/regions.
By Product Type, the fire rated glass market
is divided into–
§
Wired
§
Ceramic
§
Laminated
§
Tempered
§
Others
By Material,
the fire rated glass market is segmented into–
§ E-class
Ø Monolithic
Glass
Ø Wired
Glass
§ EW-class
Ø Float
Glass with Interlayer
Ø Coated
Safety Glass
§ El-class
Ø Float
Glass with Multiple Interlayer
Ø Tempered
Glass with Interlayer
§ Others
(solubility, water binding, and viscosity)
By Application,
the fire rated glass market is divided into–
§
Building and Constructions
§
Marine
§
Transportation
§
Polymer Manufacturing
§
Others
By End
Usage, the fire rated glass market is segmented into–
§
Personal
§
Commercial
By Distribution
Channel, the fire rated glass market is segregated into–
§
Hypermarkets and Supermarkets
§
Online
§
Others
By Regional Outlook, the fire rated glass
market is divided into–
§
North America (United States, Canada)
§
Latin America (Brazil, Mexico, Argentina and
other countries)
§
Europe (United Kingdom, France, Germany,
Spain, Italy, Russia, Turkey, Netherlands and other countries)
§
Asia Pacific (Japan, China, India, South
Korea, Singapore, Indonesia, Thailand, Malaysia, Australia, New Zealand and
other countries)
§
Middle East and Africa (GCC, South Africa,
Israel, Arabia, Egypt and other countries)
Profiling of Market Players:
This business intelligence report
offers profiling of reputed companies that are operating in the market.
Companies such as
§
Nippon Sheet Glass Co. Ltd.
§
Dynamics Inc.
§
Nippon Electric Glass Co. Ltd.
§
Promat International N.V.
§
Asahi Glass Co. Ltd.
§
Schott AG
§
Ravensby Glass Co. Ltd.
§
Technical Glass Products
§
Compagnie De Saint Gobain
§
Fuso Glass India Pvt. Ltd.
§
SAFTI FIRST Fire Rated Glazing Solutions
§
Pyroguard UK Ltd.
§
FIRE GLASS UK
§
Glas Trösch AG
§
Euroglas GmbH
§
IQ Glass Solutions Ltd
Other players have been profiled into
detail so as to offer a glimpse of the market leaders. Moreover, parameters
such as fire rated glass market related investment and spending and
developments by major players of the market are tracked in this global report.
Market Competitive
Analysis:
Key
players are adopting strategies such as investing in R&D, new product
launches, expansion in distribution channels to stand out as strong competitors
in the market. Fire rated glass market is a competitive market with the presence of
various global and regional players in the market. The major players like Nippon Electric Glass Co. Ltd., Glass
Dynamics Inc., Nippon Sheet Glass Co. Ltd., Schott AG, Promat International
N.V., Asahi Glass Co. Ltd., Technical Glass Products and Fuso Glass India Pvt.
Ltd. etc. are trying to gain the market power in their
hands by producing the products in low costs and thus charging low prices and
using different kind of marketing campaigns.
Report
Highlights:
An in-depth analysis of the micro and
macro indicators, market trends, and forecasts of demand is offered by this
business intelligence report. Furthermore, the report offers a vivid picture of
the factors that are steering and restraining the growth of this market across
all geographical segments. In addition to that, Growth Matrix analysis is also
provided in the report so as to share insight of the investment areas that new
or existing market players can take into consideration. Various analytical
tools such as market data analysis, time series and cross section statistical
data analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market share
of the global players.
Salient
Features:
Ø This
study offers comprehensive yet detailed analysis of fire rated
glass market, size of the market (US$ Mn), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking
into account 2019 as the base year.
Ø It explains upcoming revenue opportunities across various market
segments and attractive matrix of investment proposition for the said market.
Ø This market intelligence report on fire rated glass market also offers pivotal insights about various market opportunities, restraints,
drivers, launch of new products, competitive market strategies of leading
market players, emerging market trends, and regional outlook.
Ø Profiling of key market players in the market of fire rated
glass is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio,
financial performance, key developments, geographical presence, and company
overview.
Ø The data of this report would allow management authorities and marketers
of fire
rated glass companies alike to take
informed decision when it comes to launch of products, government initiatives,
marketing tactics and expansion, and technical up gradation.
Ø The research on the world market for fire rated glass market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of consulting and research
firms, financial analysts, and new market entrants.
Ø Research methodologies that have been adopted for the purpose of this
study have been clearly elaborated so as to facilitate better understanding of
the reports.
Ø Reports have been made based on the guidelines as mandated by General
Data Protection Regulation.
Ø Ample number of examples and case studies has been taken into
consideration before coming to a conclusion.
Reasons
to Buy:
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v
Comprehensive details on micro
and macro factors that will drive or restrain the growth of market players.
v
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of the competitors to gain maximum benefits.
v
Deep Sector-Specific
Intelligence.
v
Identify investors who can
invest in your company or identify the companies to invest in by analysing
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v
Identify and attract potential
customers by analysing consumer behaviour for every region.
v
Highlights of the competitive
landscape.