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Global Industry Analysts Predicts the World Fire Resistant Glass Market to Reach $11 Billion by 2026

Global Industry Analysts Predicts the World Fire Resistant Glass Market to Reach $11 Billion by 2026

SAN FRANCISCO  , June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fire Resistant Glass - Global Market Trajectory & Analytics" . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.FACTS AT A GLANCE

Companies: 44 - Players covered include Anemostat Door Products; Asahi Glass Co., Ltd.; Compagnie de Saint-Gobain; Fuso Glass India Pvt. Ltd; Nsg Pilkington; Pyroguard UK Limited; Ravensby Glass Co. Ltd.; Safti First Fire Rated Glazing Solutions; SCHOTT AG and Others.

Coverage: All major geographies and key segments

Segments: Application (Building & Construction, Marine, Other Applications); Type (Laminated, Ceramic, Tempered, Wired)

Geographies: World; United States ; Canada ; Japan ; China ; Europe (France ; Germany ; Italy ; United Kingdom ; Spain ; Russia ; and Rest of Europe ); Asia-Pacific (Australia ; India ; South Korea ; and Rest of Asia-Pacific ); Latin America (Argentina ; Brazil ; Mexico ; and Rest of Latin America ); Middle East (Iran ; Israel ; Saudi Arabia ; United Arab Emirates ; and Rest of Middle East ); and Africa .

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Global Fire Resistant Glass Market to Reach $11 Billion by 2026

Amid the COVID-19 crisis, the global market for Fire Resistant Glass estimated at US$5.6 Billion , is projected to reach a revised size of US$11 Billion by 2026, growing at a CAGR of 11.6% over the analysis period. Laminated, one of the segments analyzed in the report, is projected to record a 11.9% CAGR and reach US$4.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ceramic segment is readjusted to a revised 12.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.7 Billion in 2021, While China is Forecast to Reach $2.3 Billion by 2026

The Fire Resistant Glass market in the U.S. is estimated at US$1.7 Billion in the year 2021. China , the world`s second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2026 trailing a CAGR of 15.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 8% and 10.1% respectively over the analysis period. Within Europe , Germany is forecast to grow at approximately 9.1% CAGR.

Tempered Segment to Reach US$2.4 Billion by the year 2026

In the global Tempered segment, USA , Canada , Japan , China and Europe will drive the 10.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$926.2 Million will reach a projected size of US$1.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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SOURCE Global Industry Analysts, Inc.

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