Market Overview:

According to a new report by IMIR Market Research on Global Fire-resistant Glass Market size was valued at around USD 6.28 Billion in 2023 and is expected to reach a value of USD 14.26 Billion by 2031, at a CAGR of 10 % over the forecast period (2024–2031).

Growth in the construction industry is anticipated to spur market expansion throughout the forecast period, coinciding with an increasing frequency of fire incidents. A rise in fire incidents has prompted national governments throughout the world to boost their investments in making residential and commercial structures more fire-safe. Urban housing projects and high-rise buildings are becoming more and more necessary as more people move into urban areas. This has led to the creation of a range of residential projects that satisfy the required fire safety standards. These variables are anticipated to propel the market during the projection period.

This has increased public awareness of the demand to install fire safety equipment in buildings, which is expected to increase the nation's use of fire-resistant glass in the upcoming years. Additionally, rising customer spending power and an increase in fire incidents in recent years are expected to fuel market growth throughout the course of the projection period. The industry is expanding as a result of rising military spending and growing demand from the automotive aftermarket.

The COVID-19 pandemic in 2020 produced a fall in the market. The epidemic affected every market participant in the industry value chain. The crisis has brought up new difficulties, such as volatile raw material prices, joblessness, low production, forced manufacturing shutdowns, and logistical disruptions, all of which have impeded market expansion. The second half of 2020 saw a recovery in the market situation. Up until May or June of 2020, all factories, supply networks, logistics hubs, and project sites were closed. Following it, businesses began to expand their operations. The industries are working extra hard to make up for the losses they suffered in 2020.

Market Dynamics:

Market Drivers-

Stringent Fire Safety Regulations and Building Codes

• The fire-resistant glass market is the implementation of stringent building safety regulations and codes by governments and regulatory authorities worldwide. In response to fire safety concerns and the need to mitigate the risk of fire-related accidents and property damage, building codes and standards require the use of fire-resistant materials, including fire-resistant glass, in commercial, residential, and industrial buildings. Fire-resistant glass is designed to withstand high temperatures, prevent the spread of flames and smoke, and provide a barrier to radiant heat transfer during a fire, thereby enhancing occupant safety and allowing more time for evacuation and firefighting efforts. The enforcement of building codes mandating the use of fire-resistant glass in critical building components, such as windows, doors, and facades, drives market demand for fire-resistant glass products and solutions.

Rising Awareness of Fire Safety in Construction

• The increasing awareness of fire safety among architects, builders, and property owners in the construction industry. High-profile fire incidents and a growing understanding of the potential dangers associated with uncontrolled fire outbreaks have elevated the importance of incorporating effective fire protection measures in building designs. As a result, there is a heightened demand for fire-resistant glass solutions that can provide transparent barriers, allowing natural light and visibility while meeting stringent fire safety requirements. The rising awareness of fire safety considerations influences decision-makers to prioritize the installation of fire-resistant glass in various building applications, contributing to the overall growth of the fire-resistant glass market.

Market Trends-

Innovations in Fire-resistant Glass Technology

• The Manufacturers are investing in research and development to enhance the performance, functionality, and aesthetics of fire-resistant glass products. This includes advancements in glass compositions, coatings, and manufacturing processes aimed at improving fire resistance, optical clarity, impact resistance, and thermal insulation properties of fire-resistant glass. Innovations such as multi-laminated glass layers, intumescent interlayers, and ceramic coatings are enabling the development of fire-resistant glass solutions that meet increasingly stringent fire safety standards while offering design flexibility and architectural appeal. As building designs evolve and fire safety requirements become more demanding, the trend towards innovative fire-resistant glass technologies drives market growth and expands the range of applications for fire-resistant glass in various industries.

Integration of Fire-resistant Glass in Sustainable Building Designs

• The fire-resistant glass market is the integration of fire-resistant glass in sustainable building designs and green construction practices. With growing awareness of environmental sustainability and energy efficiency in the construction industry, there is a heightened emphasis on incorporating eco-friendly building materials and energy-efficient solutions into building designs. Fire-resistant glass plays a crucial role in sustainable building projects by providing transparent fire barriers that enhance natural light transmission, optimize energy performance, and promote occupant comfort while ensuring fire safety and compliance with regulatory requirements. Architects, designers, and building owners are increasingly specifying fire-resistant glass products that offer high levels of fire protection without compromising on sustainability or aesthetic appeal. The trend towards sustainable building designs and the integration of fire-resistant glass in green construction projects drive market demand for fire-resistant glass products and solutions that support environmental stewardship and contribute to sustainable development goals.

Market Restraining Factors-

High Cost of Fire-resistant Glass Products

• One significant restraint in the fire-resistant glass market is the high cost associated with fire-resistant glass products compared to conventional glass alternatives. Fire-resistant glass requires specialized manufacturing processes, materials, and coatings to achieve the desired level of fire resistance and safety performance. These additional features and technologies contribute to higher production costs, making fire-resistant glass more expensive than standard glass products. As a result, the upfront cost of fire-resistant glass can be prohibitive for some building projects, particularly for budget-constrained clients or projects with strict cost limitations. The higher cost of fire-resistant glass products may deter potential customers from specifying fire-rated glazing solutions, leading to reduced market penetration and adoption rates in certain segments of the construction industry.

Report Coverage:

The report will cover the qualitative and quantitative data on the global Electrophysiology Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations:

Fire-resistant Glass Market Players Analysis:

• Saint-Gobain
• AGC, Inc.
• GlasTrösch
• Nippon Sheet Glass Co., Ltd.
• POLFLAM sp. z o.o.
• Shandong Hengbao Fireproof Glass Factory Co., Ltd.
• Diamond Glass
• Pyroguard
• Safti First
• Schott AG
• Asahi India Glass Ltd.
• Crane Co.
• FG Glass Industries Pvt. Ltd.,
• Fuso Glass India Pvt. Ltd.
• Metek Co. Ltd.
• OKeeffes Inc.
• Pacific Fire Controls Pvt. Ltd.
• Press Glass Holding SA
• Ravensby Glass Co. Ltd.

Key Industry Developments:

• In May 2022, AGC Inc. revealed plans to increase the production capacity of its recently established Thai firm, AGC Vinythai Public firm Limited. The expected total investment needed for this expansion is in excess of 100 billion yen.
• In March 2022 Consistent with its "Grow & Impact" strategy, Saint-Gobain signed an acquisition deal with the Portuguese firms Falper and Fibroplac. This tactic has resulted in excellent results in the Portuguese market.

Fire-resistant Glass Market Segmentation Analysis:

By Type:

• Wired
• Ceramic
• Gel-filled
• Tempered
• Others

By Application:

• Partitions, Doors & Windows
• Roofs/Overhead
• Facades
• Floors/Areas
• Stair Enclosures
• Smoke Screens
• Hull and the Superstructure
• Wheel Houses
• Others

By End User

• Building & Construction
• Marine
• Others

By Region

• North America (U.S., Canada, Mexico)
• Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
• LAMEA (Latin America, Middle East, Africa)

The report also helps in understanding Global Fire-resistant Glass Market dynamics, structure by analyzing the market segments, and project the Global Fire-resistant Glass Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Fire-resistant Glass Market make the report investor’s guide.

Segmentation Analysis:

The market scope is segmented because of by product, by Application, by End User.

By Product

Based on the Product of the market is segmented into Wired, Ceramic, Gel-filled, Tempered, Others

The ceramic category constituted about 40% of the total revenue. The rising popularity of insulated glass units in both residential and commercial construction, which have fire ratings ranging from 20 minutes to 3 hours and can tolerate the thermal shock of water from water sprinklers and fire hoses, is the reason for the high share. As a result, during the course of the projection period, the benefits of ceramic glass should support segment expansion.

Tempered glass is gaining popularity around the world because of its numerous uses in fire doors, which are made to prevent fires. A special coating has been applied to the outer layer of this glass to reflect some heat and reduce the amount of heat that flows through it. Therefore, it is anticipated that significant expenditures in upscale residential and commercial buildings would fuel the need for fire-resistant glass.

In terms of revenue, the gel-filled segment is predicted to expand at a CAGR of 4.7% over the course of the projected year. A translucent gel that changes color in response to a specific temperature fills the spaces between two or more layers of glass to create gel-filled glass. Support from regulations to encourage the use of passive fire products increases the use of glass that is filled with gel to withstand fire. Over the course of the projection period, this trend is anticipated to expand the application of gel-based lightweight fire-resistant glass in conjunction with passive fire protection.

By End User

Based on Application the market is segmented into Building & Construction, Marine, Others.

The building and construction application category held the highest revenue share of the global market, surpassing 61.0%. Because architectural glass is so strong and durable, it is widely employed in the building and construction industry. Additional factors propelling the market are the increasing focus of regulatory organizations on enhancing building codes compliance and fire safety standards.

In marine applications, there is an increased danger of fire explosion accidents due to equipment or structural failures for vessels, particularly offshore vessels, which are subject to severe waves, winds, noise, and extreme temperature extremes. Consequently, the marine industry is seeing an increase in the use of fire-resistant glass products due to growing safety concerns about vessel containers sinking in the case of a fire.

The automotive industry is expected to experience a surge in demand for safety glass due to its compliance with demanding flammability and structural airworthiness criteria for aviation applications, such as windows, cabin dividers, and glass screens. This focus on safety glass integration is expected to continue rising.

Regional Snapshots:

By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. North America will lead the world in revenue share with over 32%, and it is expected to grow at a steady CAGR throughout the projection period. Consumer spending growth, infrastructure project investments, and government and regulatory bodies' increasing focus on tightening building and commercial apartment fire safety regulations are all driving forces behind the regional industry.

Asia Pacific is expected to increase at the fastest pace during the estimate period. Product consumption is expected to increase, particularly in the emerging economies, as a result of the region's growing construction activity and rising fire accident rates. For example, the U.S. Department of Commerce's International Trade Administration reports that, in 2021, China generated USD 440.0 million in revenue, making it the largest construction market.

Europe had the second-highest revenue share. The primary reasons linked to the market's growth are the development of new products, expanding operations, and the utilization of advanced automotive production facilities. For example, in August 2020, the DellnerBubenzer Group expanded its new business in the United Kingdom, DellnerRomag Ltd., which specializes in producing and distributing specialty glass and glazing goods. Over the course of the projected period, Middle East & Africa is expected to grow at a CAGR of 4.0%. The regional market is expected to be driven by rising product demand as a result of the increasing number of residential and commercial infrastructure projects in the MEA region.

Fire-resistant Glass Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report:

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

• How much the global Fire-resistant Glass Market valued?
• Which region has the largest share in 2024 for the global Fire-resistant Glass Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Fire-resistant Glass Market:

• Historic year: 2019-2022
• Base year: 2023
• Forecast: 2024 to 2031
• Representation of Market revenue in USD Million/Billion

Fire-resistant Glass Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: