Global Cellular Glass Market
The GMI Research projects that the Cellular Glass Market will experience an escalation in demand over the forecast period. This is mainly due to the environmental norms, protection against fire, expanded life and increasing strategies like mergers to expand their market research and resilience against moisture.
Introduction of the Cellular Glass Market
Cellular glass is composed of compressed glass and materials like carbon or limestone. It possesses the same features as glass because its composition includes glass. They can be shaped for insulating objects like tanks or pipes. It is used for floatation devices and produces insulation panels for structures.
Key Players of the Market:
· GEOCELL Schaumglas GmbH
· Anhui Huichang New Material Co., Ltd.
· Owens Corning
· REFAGLASS S.R.O.
· Zhejiang Dehe Insulation Technology Co., Ltd.
· Misapor AG
· STES-Vladimir
· POLYDROS, S.A.
· Uusioaines Oy
· Stikloporas
Cellular Glass Market Dynamics
Some of the factors responsible for the growing prominence of the global cellular glass market include their extensive properties like resilience to corrosion, better insulation, lighter, eco-friendly, harmless, non-flammable, and water, and steam resistance, augmenting demand for elevated protection for industrial goals and fewer transportation costs. In addition, the increasing measures by the government to minimize carbon discharge have raised the market demand owing to their fewer spoors to carbon. Also, it is easy to control and helps to proof the petroleum tanks against fire. Thus, as per the cellular glass market global forecast, the growing need for fire protection has stimulated the market demand.
Also, the mineral form of the glass makes it obstinate and impenetrable to worms, parasites, and chemic reactions, which further strengthen the cellular glass market size. However, the spread of the COVID-19 pandemic had a negative influence on market growth. This is attributed to the slump in construction activities and industrial operations due to the lockdown imposed by the government. Thus, the hindrance in the production of cellular glass restrained the cellular glass market share.
Cellular Glass Market Segmentation:
Segmentation by Product Type
· Blocks & Shells
· Foam Glass Gravels
Segmentation by Application
· Construction
· Industrial
· Others
Segmentation by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
About The Company
A market research and consulting company, GMI Research, offers various enterprises business insights and market research reports. Our research team accumulates all the relevant information about several industries using both internal and external databases. The focus of the organization is to acknowledge our clients with the upcoming opportunities and challenges across different industries. The team assists clients in comprehending the influence of market dynamics like size, share, drivers, growth opportunities, and other aspects. We try to offer a step-by-step solution to our clients to reach a managerial and actionable decision. The enterprise got featured in the list of Silicon India Magazine in 2018 as one of the Most Promising Market.
Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com
For more info:
Comments