IRVING, Texas, April 4, 2017 /PRNewswire/ -- 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.
Browse 109 market data tables and 127 figures spread through 209 pages and in-depth TOC on "Global Fire Rated Glass Market"
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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.
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]:
Fire rated glass market by end use industry [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:
- Building & Construction
Fire rated glass market by rating [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:
- Up to 45 Minutes
- 60-180 Minutes
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