Fire Resistant Glass (FRG) Market Outlook
According to a new report by Expert Market Research titled, “Global Fire Resistant Glass (FRG) Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global fire resistant glass (FRG) market is projected to grow at a CAGR of 10.4% between 2024 and 2032. Aided by the increasing emphasis on building safety, stringent fire safety regulations, and the rising demand for fire-resistant materials across various industries, the market is expected to grow significantly by 2032.
Fire Resistant Glass (FRG) is a specialised type of safety glass designed to resist extreme heat and prevent the spread of fire. These glasses are integral in fire safety strategies for buildings and transportation vehicles, providing critical time for evacuation and firefighting efforts. The rising awareness about fire safety, coupled with the growing construction sector, particularly in high-rise and commercial buildings, are the key fire resistant glass (FRG) market trends driving the market.
The market benefits significantly from advancements in glass technology, including the development of glasses that not only resist heat but also provide thermal insulation and soundproofing, enhancing the overall functionality and appeal of FRG.
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One of the major trends in the FRG market is the increasing demand for multi-functional fire-resistant glass. These glasses are not just fire-resistant but also offer additional features like energy efficiency, UV protection, and aesthetic appeal, catering to the diverse requirements of modern architecture.
In the construction industry, the application of FRG in building facades, partitions, and doors is growing, driven by the stringent building safety codes and the need for aesthetically pleasing yet safe building materials. The FRG is also gaining traction in the transportation sector, particularly in the marine and railway industries, for its ability to enhance passenger safety against fire incidents.
Technological advancements in FRG manufacturing, such as the integration of nanotechnology and improved laminating materials, have enhanced the fire resistance, durability, and clarity of the glass, contributing to the fire resistant glass (FRG) market growth.
The North American region, particularly the United States, holds a significant share in the global FRG market, attributed to its stringent fire safety regulations and the booming construction industry. The region’s focus on safety and innovation supports the market growth.
Looking ahead, the fire resistant glass (FRG) market demand is poised for sustained surge, with the development of cost-effective and more efficient fire-resistant glasses likely to expand the market’s reach. Innovations in glass technology, focusing on enhanced fire resistance and additional functionalities, are expected to offer new opportunities for market expansion.
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Fire Resistant Glass (FRG) Market Segmentation
The market can be divided based on product, application, and region.
Market Breakup by Product
- Wired
- Ceramic
- Tempered
- Gel Filled
Market Breakup by Application
- Construction
- Marine
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global fire resistant glass (FRG) market. Some of the major players explored in the report by Expert Market Research are as follows:
- Schott AG
- Pyroguard UK Ltd.
- Asahai Glass Co. Ltd.
- Fuso Glass India Pvt. Ltd.
- Ravensby Glass Co. Ltd.
- Others
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