Foam glass is the special category of glass which is non-crystalline, amorphous, and porous solid which has the physical properties of light weight, high strength and thermal acoustic properties. The foam glass is obtained through the process of mixing crushed glass and blowing agents. The different types of foam glass are insulating foam glass, sound absorbing foam glass, granular foam glass and decorative foam glass. It is used an insulator for various industries such as chemical, petroleum, building & construction, electronics, etc.
MARKET DYNAMICS
The global foam glass market is growing at a significant pace owing to driving factors such as increasing demand from industrial due to its high insulation properties. Furthermore, increasing deamnd from petroleum industries due to its safety features such as fireproof is likely to drive the demand for foam glass in the coming years. However, high possiblity of getting damaged due to its fragile and susceptiblity is projected to hinder the growth of foam glass market. Likewise, boosting from government through various regulation may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global foam glass Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the foam glass market with detailed market segmentation by type, process, application end-use industry, and geography. The global foam glass market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading foam glass market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global foam glass market is segmented on the basis of type, process, application and end-use industry. On the basis of type, the foam glass market is segmented into, open cell and closed cell. On the basis of process, the market is bifurcated into, physical process and chemical process. Based on application, the global foam glass market is segmented into, building and industrial insulation, chemical processing system, consumer abrasive and others. Based on end-use industry, the global foam glass market is segmented into, building & construction, industrial and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global foam glass market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The foam glass market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the foam glass market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the foam glass market in these regions.
MARKET PLAYERS
The reports cover key developments in the foam glass market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from foam glass market are anticipated to lucrative growth opportunities in the future with the rising demand for foam glass in the global market. Below mentioned is the list of few companies engaged in the foam glass market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the foam glass market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aero Aggregates
- Earthstone International
- Glapor
- Misapor Ag.
- Owens Corning
- Polydrons
- Refaglass
- Uusioaines Oy.
- Zhejiang Dehe Insulation Technology Co. Ltd.
- Zhejiang Zhenshen Insulation Technology Corp. Ltd.