According to FMI’s heat resistant glass market analysis report, the current revenue generated by sales of this product worldwide is estimated to be around US$ 4.8 Bn. Furthermore, by 2032, the global heat resistant glass market is expected to be worth roughly US$ 7.5 billion, with a CAGR of 4.3% over the forecast period.
Heat resistant glassis a specialty glass specifically designed to withstand high temperature in kitchen appliances and industrial applications. Structure of heat resistant glass usually comprise soda lime or silica, which are high temperature resistant materials. These types of glasses have high melting point and low coefficient of expansion.
Global heat resistant market is gaining traction due to increasing safety concerns and formulation of new regulations in commercial and industrial sector. Heat resistant glasses not only resist fire but are also capable of working as insulators thus helping to maintain constant temperature requirement.
Evolution of green building concept and aesthetic designs in architectures and interior of buildings are increasingly making use of heat resistant glass surfaces and doors to improve safety, aesthetics and comfort level for occupants in buildings.
This has also led to consistent increase in the demand of heat resistant glass, globally. New product development initiatives by key companies such as use of heat resistant glass for oven dishes, heat resistant bottles and jars, woodstove etc. has provided significant boost to global demand of heat resistant glass.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2056
Heat Resistant Glass Market: Market Dynamics
Heat resistant glass is manufactured in various shapes and size and used as a medium to retain heat and refract light. Heat resistant glass is strengthened through thermal and chemical treatment processes which helps change in breakage pattern, causing it to shatter in to small pieces instead of sharp angles which helps in reducing damage.
Heat resistant glass also helps in acoustic insulation to some extent thus providing added benefit to end user or civil contractors. Rapid industrialization in developing economies coupled with urbanization trend and substantial infrastructure investments are some of the macro-economic factors supporting growth of global heat resistant glass market.
Furthermore global heat resistant glass market is also driven by the growing safety concerns in commercial buildings and hospitals aimed at reducing fire based hazards. In addition increasing consumption of heat resistant glass in aerospace, automotive and transportation sector to enhance cabin comfort is expected to further drive consumption of heat resistant glass globally.
Lack of consumer awareness, high cost and technical limitations such as heat resistant glass not being good thermal conductor which on sudden change in temperature leads to expansion and contraction which may trigger breakage.
To overcome such restraints heat resistant coatings on flat glass are applied for use in automobile and in commercial building which is acting as substitute of heat resistant glass. Some of these aforementioned factors are expected to restrain growth of global heat resistant glass market.
Heat Resistant Glass Market: Key Players
Heat resistant glass market place is marked with the presence of manufacturers, glass fabricators, distributors, and importers. In case of construction industry, role of small and medium scale fabricators and component providers become very important as the demand from construction industry differs in terms of volume, shape, size and specifications.
Civil contractors, architects and designers mostly rely on fabricators and distributors for their activities. Some examples of heat resistant glass market participants include Cincinnati Gasket & Industrial Glass Products and Solutions, Asahi Glass Co.,Ltd., Corning Incorporated, SCHOTT North America, Inc., SCHOTT AG, CoorsTek, Inc., Vesuvius PLC, Nippon Sheet Glass Co., Ltd., CeramTec and others.
The heat resistant glass market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, and geographies.
Use promo code ->> FMITODAY to Get Flat 30% discount
Heat resistant glass market regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (Turkey, South Africa, GCC Countries)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
Heat Resistant Glass Market: Segmentation
The global heat resistant glass market is segmented on the basis of material type, based on heat resistant temperature capacity of the glass, by application and by region.
The global heat resistant glass market is segmented based on material type:
- Tempered Glass
- Borosilicate
- Glass-ceramic
The global heat resistant glass market is segmented based on heat resistant temperature:
- Up to 500° F
- 501° F to 900° F
- 901° F to 1400° F
- 1401° F and Above
The global heat resistant glass market is segmented based on application:
- Construction
- Commercial Buildings & Institutions
- Industrial Buildings
- Automotive and Transportation
- Equipment and Appliances
- Other Industrial
Before Buying, Visit for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-2056
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials
LinkedIn| Twitter| Blogs
