Opportunities for the global fire rated glass market to reach $1.8 billion by 2022

   March 29, 2017
According to a new market report published by Lucintel, the future of the fire rated glass market looks promising with opportunities in the building & construction, military & defense, oil & gas, railways and marine industries. The global fire rated glass market is expected to reach an estimated $1.8 billion by 2022 and is forecast to grow at a CAGR of 8.7% from 2017 to 2022. The major growth drivers for this market are rapidly increasing construction activities in emerging countries, growing demand for passive fire protection systems, and stringent building safety regulations.

Browse 109 market data tables and 127 figures spread through 209 pages and in-depth TOC on “Global Fire Rated Glass Market” http://www.lucintel.com/fire_rated_glass_market_2017.aspx

In this market, laminated, ceramic, tempered, and wired glass are used for fire safety. Lucintel forecasts that laminated fire rated glass is expected to remain the largest segment by value and second-largest segment by volume; it is also expected to witness the highest growth in the forecast period supported by its excellent fire rated properties, insulation property, durability, high strength, and aesthetic appearance.

Within the fire rated glass market, building & construction is expected to remain the largest end use industry segment by value and volume; it is also expected to witness the fastest growth due to the stringency in national building codes for various countries.

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Europe is expected to remain the largest market by value and volume driven by strict governmental regulations for building safety.  Asia Pacific is expected to witness the highest growth over the forecast period because of growth in construction of skyscrapers, retail architecture, commercial complexes, and airports due to economic expansion in India and China.

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Emerging trends, which have a direct impact on the dynamics of the industry, include increasing trend towards fire rated glass providing multiple benefits and continuous improvement for long-term sustainability. Asahi Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Saint-Gobain S.A., and Schott AG are among the major suppliers of fire rated glass.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global fire rated glass market by product, end use industry, rating, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Fire Rated Glass Market 2017-2022: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.

The study includes a forecast for the global fire rated glass market by product, rating, end use industry, and region as follows:

Fire rated glass market by product [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:

  • Laminated

  • Ceramic

  • Tempered

  • Wired

Fire rated glass market by end use industry [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:

  • Building & Construction

  • Marine

  • Others

Fire rated glass market by rating [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:

  • Up to 45 Minutes

  • 60-180 Minutes

Fire rated glass market by region [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • United Kingdom

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • The Rest of the World

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This 209-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/fire_rated_glass_market_2017.aspx    or helpdesk@lucintel.com

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Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com

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