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Fire Rated Glass Market is expected to register considerable gains from 2019 to 2025

Author : Rahul Varpe | Published Date : 2019-10-21 

Fire Rated Glass Market report, compiled recently by Global Market Insights examines the industry in terms of the global expanse, highlighting the present & future growth potential of each region as well as consolidated statistics. The study also presents a precise summary of the competitive milieu, key developments, and application landscape of the Fire Rated Glass Market based on the impact of the financial and non-financial facades of the industry.

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Europe led by Spain, Italy, France, UK and Germany fire rated glass market size may witness a substantial growth by the year 2025. Growth in automotive sector owing to increasing disposable income and improved standard of living are the key factors which are likely to drive the overall market size. In 2018, more than 18.5 billion cars were produced in Europe. The product is used in automobiles’ wind shields and window shield in order to make them compliant with stringent fire safety rules thereby fostering regional fire rated glass demand.

North America steered by Canada, Mexico and U.S fire rated glass market size may achieve significant growth during the forecast timeframe. Rising number of fire outbreaks in the U.S owing to heating devices, electric malfunctioning and unintentional reasons may drive the regional market size of fire rated glass. In 2017, fire incidents in the U.S. accounts at over USD 20 billion loss. Fire rated glasses are utilized in various applications like windows, glazing and doors owing to their superior fire resisting abilities than normal glasses which prevent fire, smoke and heat from spreading thereby driving market demand.

Fire Rated Glass Market, by Types:

  • Wired glass.
  • Gel filled glass
  • Tempered
  • Ceramic

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Fire Rated Glass Market, by Applications:

  • Infrastructure
  • Automotive
  • Marine
  • Others

Growth in infrastructure and construction industry owing to rising number of large construction projects and increasing population may drive the overall glass market. Global infrastructure market is expected to be valued at over USD 4 trillion by the year 2020. Rising applications of glass in commercial and residential infrastructure owing to its visual appeal and stringent fire safety rules may drive product demand. Fire rated glass is widely used in indoor and outdoor application like glass roofs and dooms, cabins and partitions, mirrored glasses, doors, glazing and separation screens thereby driving the fire rated glass market size.

Company Profiles in fire rated glass market:

  • Technical Glass Products
  • Saint Gobain
  • Pilkington
  • Pyroguard
  • AIS glass
  • Schott AG
  • Nippon Electric Glass
  • Press Glass
  • Ravensby Glass
  • Fuso Glass India

Related News: https://view.joomag.com/market-research-updates-remodeling-market/0695157001570137482

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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