Report Scope & Overview:
Foam Glass Market Size was valued at USD 1.90 billion in 2022 and is expected to reach USD 2.93 billion by 2030, and grow at a CAGR of 5.6% over the forecast period 2023-2030.
Foam glass is a lightweight, rigid insulation material that lasts a long time. Individually packed glass cells make up foam glass. It's non-combustible, durable, and provides long-term thermal insulation. It comes in a number of sizes and kinds to satisfy the various insulation needs of various construction projects. Foam glass is used in many commercial and industrial applications. For pipes, tanks, containers, and other applications, Forma glass gives the best results. It provides an infrastructure with high-performance and long-lasting insulation.
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Market Dynamics:
Drivers:
Increasing construction work around all the regions in the world.
The manufacturing process of machines for industries.
Restraints:
High installation cost.
Opportunity:
Foam glass can be recycled.
Due to their lightweight qualities, they are commonly employed in the civic building of roadbeds and bridges.
Impact of Covid0-19:
Wuhan was the epicentre of the Coronavirus outbreak. It then spread throughout the world. It has now spread over the world. Governments all across the world are attempting to combat the virus and slow its spread. As a result, governments all across the world have implemented lockdown and social separation measures. The industries have been severely harmed as a result, and production has come to a halt. Product demand and supply have been impacted by a lack of production. The construction industry is the largest consumer of foam glasses, and because the lockout has halted construction, demand for foam glass has fallen. The epidemic has also hampered the production of foam glass. Furthermore, import and export restrictions have created a mismatch between the demand and supply of foam glass. Key companies in the foam glass market are working hard to boost market demand during this epidemic. Following the Post-Covid situation, the market is projected to see increased demand.
Key Players:
Glapor, Polydros S.A, Owens Corning, Ltd., Anhui Huichang New Material Co., Ltd., MISAPOR, Refaglass, Zhejiang Dehe Insulation Technology Co., UUSIOAINES OY, Earthstone International, Zhejiang Zhenshen Insulation Technology Corp., and other players.
Market Segmentation:
By Type
Open Cell Foam Glass
Closed Cell Foam Glass
By Process:
Physical
Chemical
By End-Use Industry
Building & Construction
Industrial
Others
By Application
Building & Industrial Insulation
Chemical Processing Systems
Consumer Abrasive
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Regional Analysis:
North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America are the primary regions in the foam glass market. The existence of large chemical factories and the widespread usage of foam glass in the building insulation process drive the North American region. Europe has the largest market share for foam glass. As a result of the high demand for foam glass in this region, there are several large countries and businesses that use it. Because of the rise of manufacturing industries and economic development in the industry, Asia-Pacific is predicted to achieve the highest CAGR rate in the foam glass market. The Middle East and Africa have a minimal market for foam glass because it is only utilized in the oil refining industry.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | USD 1.90 Billion |
Market Size by 2030 | USD 2.93 Billion |
CAGR | CAGR of 5.6% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By type (Open Cell Foam Glass, Closed Cell Foam Glass) • By process (Physical, Chemical) • By end-use industry (Building & Construction, Industrial, Others) • By Application (Building & Industrial Insulation, Chemical Processing Systems, Consumer Abrasive) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Glapor, Polydros S.A, Owens Corning, Ltd., Anhui Huichang New Material Co., Ltd., MISAPOR, Refaglass, Zhejiang Dehe Insulation Technology Co., UUSIOAINES OY, Earthstone International, Zhejiang Zhenshen Insulation Technology Corp., and other players. |
DRIVERS | • Increasing construction work around all the regions in the world. • The manufacturing process of machines for industries. |
RESTRAINTS | • High installation cost. |
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Foam glass is a lightweight, rigid insulation material that lasts a long time. Individually packed glass cells make up foam glass. It's non-combustible, durable, and provides long-term thermal insulation.
Ans: Building & Industrial Insulation, Chemical Processing Systems and Consumer Abrasive are the sub-segments of by application segment.
Ans: Foam glass can be Recycle and Due to their lightweight qualities, they are commonly employed in the civic building of roadbeds and bridges are the opportunity for Foam Glass Market.
Ans: Foam Glass Market Size was valued at USD 1.90 billion in 2022 and is expected to reach USD 2.93 billion by 2030, and grow at a CAGR of 5.6% over the forecast period 2023-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Foam Glass Market Segment, By type
8.1 Open Cell Foam Glass
8.2 Closed Cell Foam Glass
9. Global Foam Glass Market Segment, By process
9.1 Physical
9.2 Chemical
10. Global Foam Glass Market Segment, By end-use industry
10.1 Building & Construction
10.2 Industrial
10.3 Others
11. Global Foam Glass Market Segment, By application
11.1 Building & Industrial Insulation
11.2 Chemical Processing Systems
11.3 Consumer Abrasive
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Glapor (Germany)
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 MISAPOR (Switzerland)
13.3 Polydros S.A.(Spain)
13.4 Refaglass (Czech Republic)
13.5 Owens Corning
13.6 Zhejiang Dehe Insulation Technology Co., Ltd.
13.7 Zhejiang Zhenshen Insulation Technology Corp.
13.8 UUSIOAINES OY (Finland)
13.9 Earthstone International
13.10 Anhui Huichang New Material Co., Ltd.
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
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