Canada Fire-resistant Glass Market Size & Outlook
Canada fire-resistant glass market, 2017-2028 (US$M)
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Canada fire-resistant glass market highlights
- The Canada fire-resistant glass market generated a revenue of USD 312.6 million in 2021 and is expected to reach USD 410.4 million by 2028.
- The Canada market is expected to grow at a CAGR of 4% from 2022 to 2028.
- In terms of segment, ceramic was the largest revenue generating product in 2021.
- Gel-Filled is the most lucrative product segment registering the fastest growth during the forecast period.
Fire-resistant glass market data book summary
| Market revenue in 2021 | USD 312.6 million |
| Market revenue in 2028 | USD 410.4 million |
| Growth rate | 4% (CAGR from 2021 to 2028) |
| Largest segment | Ceramic |
| Fastest growing segment | Gel-Filled |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wired, Ceramic, Gel-Filled, Tempered |
| Key market players worldwide | Compagnie de Saint-Gobain SA, AGC Inc, Nippon Sheet Glass Co Ltd, Carl Zeiss Meditec AG, Glas Trösch, POLFLAM Sp. z o.o., Shandong Yaohua Glass Co., Diamond Glass, Pyroguard, SAFTI-First |
Other key industry trends
- In terms of revenue, Canada accounted for 7.2% of the global fire-resistant glass market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. fire-resistant glass market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,181.1 million by 2028.
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Fire-Resistant Glass Market Scope
Fire-Resistant Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada fire-resistant glass market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fire-resistant glass market will help companies and investors design strategic landscapes.
Ceramic was the largest segment with a revenue share of 42.07% in 2021. Horizon Databook has segmented the Canada fire-resistant glass market based on wired, ceramic, gel-filled, tempered covering the revenue growth of each sub-segment from 2017 to 2028.
Canada is another lucrative market for fire-resistant glass in North America. The country witnesses thousands of fire incidents every year, which result in numerous deaths and injuries. Rising safety concerns, new building codes, and increasing construction projects in Canada are anticipated to propel the demand for fire-resistant glass in country over the forecast period.
As of April 2020, some of the major upcoming high-rise residential and transportation construction projects in Canada include Panda Markham Condominium, Union Park, Senakw project, Lebreton Flats Master Concept Plan, Oxford Place, and M City Community.
Growth in the EV industry is anticipated to fuel demand for fireresistant glass in cars. For instance, in January 2021, General Motors Co. announced to invest around USD 1 billion in production of electric commercial vans in Ingersoll, Ontario.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada fire-resistant glass market , including forecasts for subscribers. This country databook contains high-level insights into Canada fire-resistant glass market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Canada fire-resistant glass market size, by product, 2017-2028 (US$M)
Canada Fire-Resistant Glass Market Outlook Share, 2021 & 2028 (US$M)
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