Global Foam Glass Market Price And Industry Trends, Forecasts Till, 2019-2024: Radiant Insights, Inc

Foam glass, otherwise known as cellular glass is a lightweight, opaque glass material having a closed-cell structure. It is made in molds that are packed with crushed or granulated glass mixed with a chemical agent such as carbon or limestone. At the temperature at which the glass grains become soft enough to cohere, the agent gives off a gas that is entrapped in the glass and forms the closed-cell structure that remains after cooling. Foam glass is a novel gassy material and is a kind of thermal insulation, not flammable building material, in which there are numerous closed tiny pores. There are many advantages about it, such as light weight, high strength, and low thermal conductivity. Foam glass is light enough to float in water and has been used as a substitute for cork, but its main uses are for thermal and sound insulation. It is impervious to moisture, most fumes, and vermin.

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According to Gen Consulting Company, the global foam glass market reached USD $$$ million in 2018 and is expected to reach a value of USD 1,806 million by the end of the year 2024 and exhibit a CAGR of 6.54% during the period of assessment. The report covers the present scenario and the growth prospects of the global foam glass for 2019-2024. To calculate the market size, the report considers the foam glass sales volume and revenue.

The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets and application.

Geographically, the global foam glass market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.

- North America (U.S., Canada, Mexico, etc.)

- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)

- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)

- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)

- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)

Asia Pacific reckoned as the most significant regional market and accounted for 34.50% of the total market volume in 2018. The market share is expected to increase to reach 42.11% by 2024. Increase demand in China will be a decisive factor for the overall Asia Pacific foam glass industry, which is expected to benefit from the lower raw material prices and augment supply levels over the forecast period.

Based on end-users, the market for foam glass is segmented into building, infrastructure, chemical & industrial, gardening & landscaping, agricultural & water treatment, and other. The building segment was valued at USD $$$ million in the year 2018 and is forecasted to reach a value of USD 579 million in the year 2024, registering a CAGR of 7.30% during the period of assessment.

The companies referred in the market research report include Pittsburgh Corning, LLC., Geocell Schaumglas GmbH, GLAPOR Schaumglas produkte, RUSNANO Group, Misapor AG, Stikloporas JSC, Uusioaines Ltd. (Partnera Ltd.), Veriso GmbH, REFAGLASS s.r.o., Earthstone International, Inc., Dennert Poraver GmbH, Hebei Lanlian Foam Glass Co., Ltd., Zhejiang Zhenshen Thermal Insulation Technology Co., Ltd. (ZES), Zhejiang Dehe Insulation Technology Corp., Ltd., Zhejiang Yahong Industrial Co., Ltd., Gansu Pengfei Insulation Materials Co., Ltd., Langfang jiahao Insulation material Co., Ltd., Hebei ZhongTai Tiancheng Energy Technology Co. Ltd., Anhui Huichang New Material Co., Ltd., Shanghai Yongli Energy-Saving Wall-material Co., Ltd., (** REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES).

Objective of the study:

- To analyze and forecast the market size of global foam glass market.

- To classify and forecast global foam glass market based on region, and application.

- To identify drivers and challenges for global foam glass market.

- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global foam glass market.

- To conduct pricing analysis for global foam glass market.

- To identify and analyze the profile of leading players operating in global foam glass market.

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The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

- Manufacturers of foam glass

- Raw material suppliers

- Market research and consulting firms

- Government bodies such as regulating authorities and policy makers

- Organizations, forums and alliances related to foam glass

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with foam glass suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.