Market revenue in 2021 | USD 864.1 million |
Market revenue in 2028 | USD 1,181.1 million |
Growth rate | 4.6% (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 |
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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 43.07% in 2021. Horizon Databook has segmented the U.S. fire-resistant glass market based on wired, ceramic, gel-filled, tempered covering the revenue growth of each sub-segment from 2017 to 2028.
The U.S. is anticipated to maintain its dominance as the largest market for fire-resistant glass in North America over the forecast period. Rising demand from automotive aftermarket, increasing military spending, and growing awareness pertaining to installation of fire safety products in buildings are anticipated to boost fire-resistant glass consumption in the country in coming years.
The U.S. faces numerous fire accidents. Although, as per the U.S. Fire Administration (USFA), the fire incidents are declining from 2015, however, the number of accidents is still high. Major causes of fires included cooking, heating, electrical malfunction, appliances, and smoking, among others.
As a result, inclusion of fire-resistant products in residential & commercial buildings and other places is increasing in the U.S. For instance, in November 2019, Starbucks Reserve Roastery in Chicago, Illinois, installed a fire resistive, ASTM E-119 rated SuperLite II-XLB 120 by SAFTI FIRST with Starphire Ultra-Clear glass for its superior optical clarity, large panel sizes, and butt-glazing capabilities, and met all design and code requirements.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. fire-resistant glass market , including forecasts for subscribers. This country databook contains high-level insights into U.S. fire-resistant glass market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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