India Fire-resistant Glass Market Size & Outlook
India fire-resistant glass market, 2017-2028 (US$M)
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India fire-resistant glass market highlights
- The India fire-resistant glass market generated a revenue of USD 64.4 million in 2021 and is expected to reach USD 98.2 million by 2028.
- The India market is expected to grow at a CAGR of 6.2% 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 64.4 million |
| Market revenue in 2028 | USD 98.2 million |
| Growth rate | 6.2% (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, India accounted for 1.5% 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 Asia Pacific, China fire-resistant glass market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 98.2 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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India 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 38.2% in 2021. Horizon Databook has segmented the India fire-resistant glass market based on wired, ceramic, gel-filled, tempered covering the revenue growth of each sub-segment from 2017 to 2028.
Rising construction of new buildings in India is likely to be a prominent driver for increased demand for fire-resistant glass over the forecast period. It included urban infrastructure and development projects, such as residential or commercial premises, hotels, roads, resorts, educational institutions, hospitals, bridges, and recreational facilities.
Increasing rate of urbanization is also contributing to the need for infrastructure development, which, in turn, is expected to drive the demand for fire-resistant glass. The accelerated growth in building & construction and automotive industries in India is anticipated to offer lucrative opportunities for fire-resistant glass manufacturers.
New government initiatives, such as “Make in India” program, have strengthened the Indian economy. Various efforts by the country’s government, combined with the increasing interest of foreign companies to invest and open up manufacturing plants in the country, are expected to augment the demand for fire-resistant glass over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India fire-resistant glass market , including forecasts for subscribers. This country databook contains high-level insights into India fire-resistant glass market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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India fire-resistant glass market size, by product, 2017-2028 (US$M)
India Fire-Resistant Glass Market Outlook Share, 2021 & 2028 (US$M)
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