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Global Fire Resistant Glass (FRG) Market: By Product: Wired, Ceramic, Tempered, Gel Filled; By Application: Construction, Marine; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Fire Resistant Glass (FRG) Market Outlook
The global fire resistant glass (FRG) market stood at a value of around USD 4.7 billion in 2020. The market is further expected to grow at a CAGR of 10.4% in the forecast period of 2021-2026 to attain USD 8.51 billion by 2026.
Growing Demand for Ceramic FRG to Bolster the Growth of the Fire Resistant Glass (FRG) Industry
Based on product, the ceramic FRG segment accounts for a significant share in the market and is anticipated to register a considerable growth in the forecast period as well. This can be attributed to the high resistance of ceramic glass to fire, as the glass can remain intact up to 1600 °F. In addition, ceramic glass enhances the aesthetic appeal of a structure when used as a decorative coating or glass partition.
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Over the forecast period, the growing awareness among builders about the heat, pressure, and chemical resistance offered by ceramic glass, along with its high durability, is likely to guide the market towards a significant growth. Some other favourable properties of the product include extreme hardness, technical strength, excellent electrical insulation, and relatively lightweight.
Europe Accounts for the Largest Share in the Market
The thriving construction industry in Europe, which has been playing a crucial role in accomplishing the European Union goals for smart, sustainable, and inclusive growth, is responsible for driving the demand for FRG in the region. The stringent building codes on fire safety and protection in the region are favouring the market growth. Over the forecast period, the market is anticipated to be aided by the growing competency among the major market players to regulate issues such as safety, indoor quality, and noise and radiation, among others, while ensuring fire-safety.
Fire Resistant Glass (FRG): Industry Definition and Segmentation
FRG, also known as fire resistant glass, is defined as a type of glass that provides resistance to fire, smoke, and heat. It is widely used in the construction industry in order to provide safety to the occupants. The strength and durability of the product are so high that it can resist fire at temperatures as high as 1200°C.
Based on product, the market is divided into:
- Wired
- Ceramic
- Tempered
- Gel Filled
The major applications of the product include:
- Construction
- Marine
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Growing Applications of FRG in the Construction Sector to Bolster the Growth of the Fire Resistant Glass (FRG) Industry
The global fire resistant glass (FRG) industry is driven by the growing applications of the product in the construction sector. The demand for FRG for residential and commercial building projects has been significant. This surge can be attributed to the rising concerns about accidental fires and the safety and security of people. Fire can cause great harm to resources and can even take lives once it spreads with high intensity. The FRG efficiently provides resistance to fire and heat and keeps the structure intact, thus, preventing fire-related accidents and loss of assets. Furthermore, some FRGs can also enhance the aesthetic appeal of a structure, thus, making them ideal for residential buildings. Hence, a significant rise in the construction of residential complexes is likely to be a major factor driving the market growth in the forecast period.
Key Industry Players in the Global Fire Resistant Glass (FRG) Market
The report gives a detailed analysis of the following key players in the global fire resistant glass (FRG) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Schott AG
- Pyroguard UK Ltd.
- Asahai Glass Co. Ltd.
- Fuso Glass India Pvt. Ltd.
- Ravensby Glass Co. Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region |
| Breakup by Product | Wired, Ceramic, Tempered, Gel Filled |
| Breakup by Application | Construction, Marine |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Schott AG, Pyroguard UK Ltd., Asahai Glass Co. Ltd., Fuso Glass India Pvt. Ltd., Ravensby Glass Co. Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Fire Resistant Glass (FRG) Market Analysis
8.1 Key Industry Highlights
8.2 Global Fire Resistant Glass (FRG) Historical Market (2016-2020)
8.3 Global Fire Resistant Glass (FRG) Market Forecast (2021-2026)
8.4 Global Fire Resistant Glass (FRG) Market by Product
8.4.1 Wired
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Ceramic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Tempered
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Gel Filled
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.5 Global Fire Resistant Glass (FRG) Market by Application
8.5.1 Construction
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Marine
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.6 Global Fire Resistant Glass (FRG) Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Schott AG
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Pyroguard UK Ltd.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Asahai Glass Co. Ltd.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Fuso Glass India Pvt. Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Ravensby Glass Co. Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Fire Resistant Glass (FRG) Market: Key Industry Highlights, 2016 and 2026
2. Global Fire Resistant Glass (FRG) Historical Market: Breakup by Product (USD Billion), 2016-2020
3. Global Fire Resistant Glass (FRG) Market Forecast: Breakup by Product (USD Billion), 2021-2026
4. Global Fire Resistant Glass (FRG) Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Fire Resistant Glass (FRG) Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Fire Resistant Glass (FRG) Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Fire Resistant Glass (FRG) Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Fire Resistant Glass (FRG) Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Fire Resistant Glass (FRG) Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Fire Resistant Glass (FRG) Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Fire Resistant Glass (FRG) Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Fire Resistant Glass (FRG) Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Fire Resistant Glass (FRG) Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Fire Resistant Glass (FRG) Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Fire Resistant Glass (FRG) Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Fire Resistant Glass (FRG) Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Fire Resistant Glass (FRG) Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Global Fire Resistant Glass (FRG) Market Structure
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