LONDON, April 26, 2017 /PRNewswire/ --Trends, opportunities and forecast in this market to 2022 product type (laminated, ceramic, tempered, and wired), end use industry (building and construction, marine, and others), rating (up to 45 minutes and 60-180 minutes), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download the full report: https://www.reportbuyer.com/product/4837542/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.
Emerging trends, which have a direct impact on the dynamics of the fire rated glass industry, include increasing trend towards fire rated glass providing multiple benefits and continuous improvement for long-term sustainability.
The study includes the fire rated glass market size and forecast for the global fire rated glass market through 2022, segmented 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 $M shipment analysis for 2011 – 2022]:
• North America
• United States
• Canada • Mexico
• Europe
• Germany
• France
• United Kingdom
• Italy
• Asia Pacific
• China
• Japan
• India
• The Rest of the World
Fire rated glass profiled in this market include Asahi Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Saint-Gobain S.A., and Schott AG are among the major suppliers of fire rated glass.
Lucintel forecasts that the demand of laminated fire rated glass is expected to remain the largest segment by value and second-largest segment by volume; it is also expected to witness the highest growth in the forecast period supported by its excellent fire rated properties, insulation property, durability, high strength, and aesthetic appearance.
Within the fire rated glass market, building & construction is expected to remain the largest end use industry segment by value and volume; it is also expected to witness the fastest growth due to the stringency in national building codes for various countries.
Europe is expected to remain the largest market by value and volume driven by strict governmental regulations for building safety.
Some of the features of "Growth Opportunities in the Global Fire Rated Glass Market 2017-2022: Trends, Forecast, and Opportunity Analysis" include: - Market size estimates: Global fire rated glass market size estimation in terms of value ($M) and volume (kilotons) shipment. - Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region. - Segmentation analysis: Global fire rated glass market size by various applications such as product, end use industry, and rating in terms of value and volume shipment. - Regional analysis: Bicycle industry breakdown by key regions such as North America, Europe, and Asia & Rest of World. - Growth opportunities: Analysis on growth opportunities in different applications and regions of fire rated glass market. - Strategic analysis: This includes M&A, new product development, and competitive landscape of fire rated glass suppliers. - Analysis of competitive intensity of the industry based on Porter's Five Forces model.