Foam Glass Market Report

Market Insights

Foam Glass Market is likely to witness an impressive CAGR of 5.4% during the forecast period. The resistive property of foam glass from temperature, corrosion, moisture, and various chemicals is higher among all the insulating materials, which makes it a suitable material for different applications in various end-use industries, such as building and construction, industrial, and other industries. This characteristic of foam glass is the main driving factor for its growing demand during the forecast period.

Segments' Analysis

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Foam Glass Market Share: By Type

Based on the type, the market is segmented as open cell and closed cell. Closed cell foam glass is estimated to be the larger as well as faster-growing segment of the foam glass market during the forecast period. It offers excellent properties such as resistance from fire, high-temperature, moisture, corrosion, pest and has high load bearing strength. It has various usages in applications such as insulating the inner walls of residential and commercial buildings, insulation of floors, making sound-proof meeting halls, roof and pipe insulation, roadbeds, embankments, and other applications.

Foam Glass Market Share: By End-Use Industry Type

Based on the end-use industry type, the foam glass market is segmented as building and construction, industrial, and others. The industrial segment is estimated to be the fastest-growing end-use industry segment of the foam glass market during the forecast period. In various applications of the industrial segment, such as maintenance of integral temperature in chemical processing systems, bases of cryogenic tanks, and protection from fire, foam glass is used as an insulating material. Foam glass is fire and moisture proof and has excellent resistive properties from corrosion.

Foam Glass Market Share: By Region

In terms of regions, Europe is estimated to be the largest foam glass market during the forecast period, with Germany, Norway, and Sweden being the major countries with promising growth opportunities. The growth of the market is driven by the increasing demand for eco-friendly insulating materials in different end-use industries, such as building and construction, industrial, and others. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation

Foam glass (cellular glass) is a glass foam material, which is prepared by reaction between glass and carbon at high temperatures. It has cellular structure and has impermeable properties. It also has a high compressive strength, good thermal properties and hence, can be used for thermal and other insulation processes for roofs and pipes. Due to its high impermeability, it is considered as an ideal as a barrier against soil humidity. Foam glass is completely made up of inorganic materials, which makes it fire-resistant.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The foam glass market is segmented into the following categories. 

Foam Glass Market Size, Share, & Forecast, by Type:

• Open Cell (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Closed Cell (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Foam Glass Market Size, Share, & Forecast, by Process Type:

• Physical Process (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Chemical Process (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Foam Glass Market Size, Share, & Forecast, by Application Type:

• Building and Industrial Insulation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Chemical Processing System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Consumer Abrasive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Foam Glass Market Size, Share, & Forecast, by End-Use Industry Type:

• Building and Construction
  •  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (End-Use Industry Analysis: Residential and Commercial Construction, Civil Construction)
• Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Foam Glass Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the key players in the foam glass market are-

• Anhui Changning New Material Co., Ltd.
• Earthstone International
• GLAPOR
• Misapor AG
• Owens Corning
• POLYDROS, S.A.
• Refaglass
• UUSIOAINES OY/Ltd
• Zhejiang DEHE Insulation Technology Co., Ltd.
• Zhejiang Zhenshen Insulation Technology Corp. Ltd. (ZES).

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation by any one of the application types by end-use industry type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.