Market Size of Europe Fire-Resistant Glass Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 8.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Fire-Resistant Glass Market Analysis
The fire-resistant glass market in Europe is expected to register a CAGR of over 8% during the forecast period.
The outbreak of the COVID-19 pandemic witnessed economic activities being brought to a standstill with the prevalence of strict social-distancing norms, prolonged lockdowns, and the uncertainties associated with the future. The building and construction industry was particularly impacted heavily by the lack of labor and supply chain disruptions, diminishing demand for fire-resistant glass. However, with the lifting of social-distancing curbs and other restrictions, the building and construction industry is expected to register a steady recovery, driving demand for fire-resistant glass during the forecast period.
- With growing construction activities across the European region and the rise in stringent fire safety norms, demand for fire-resistant glass is expected to rise substantially across the region.
- On the flip side, high prices of fire-resistant glasses and the prevalence of quality control issues could potentially hinder market growth.
- However, rising investments in the marine industry, and the growing demand for fireproof cabins on ships used in naval and commercial applications, are anticipated to further strengthen this demand.
- Germany with its growing marine industry and the rising construction sector is expected to lead the fire-resistant glass market across the European region.
Europe Fire-Resistant Glass Industry Segmentation
Fire-resistant glass is a special kind of laminated glass that helps the product withstand high amounts of heat. As a result, it can prevent fire from spreading from one side of the glass to another. The European fire-resistant glass market is segmented by type, application, and geography. By type, the market is segmented into integrity, integrity & radiation lamination, and integrity & insulation. By application, the market is segmented into building and construction, and other applications. The report covers market sizes and forecasts for for major countries across the region. For each segment, market sizing and forecasts have been done on the basis of value (USD million).
Type | |
Integrity | |
Integrity & Radiation Lamination | |
Integrity & Insulation |
Application | |
Building and Construction | |
Other Applications |
Geography | |
Germany | |
United Kingdom | |
Italy | |
France | |
Rest of Europe |
Europe Fire-Resistant Glass Market Size Summary
The European fire-resistant glass market is poised for significant growth, driven by the resurgence of the building and construction industry following the disruptions caused by the COVID-19 pandemic. As social-distancing measures and restrictions have eased, construction activities are picking up pace, leading to an increased demand for fire-resistant glass. This demand is further bolstered by the implementation of stringent fire safety regulations across the region, which necessitate the use of fire-resistant materials in new and existing buildings. Despite challenges such as high costs and quality control issues, the market is expected to benefit from rising investments in the marine industry, particularly in the demand for fireproof cabins on naval and commercial ships. Germany, with its robust construction and marine sectors, is anticipated to lead the market growth in Europe.
The application of fire-resistant glass is critical in enhancing safety measures in various construction projects, including residential and commercial buildings. The adherence to fire safety norms, such as those outlined in Germany's National Model Building Code, underscores the importance of using fire-resistant materials to mitigate fire hazards. The construction sector in Europe is experiencing a steady recovery, with significant projects underway, such as the Milan US Consulate General Complex in Italy. This recovery, coupled with the increasing need for fire-proofing solutions, is expected to drive the market forward. The market landscape is partially consolidated, with key players like AGC Glass Europe and Schott actively expanding their offerings through strategic partnerships, further strengthening the market's growth trajectory.
Europe Fire-Resistant Glass Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Construction Activities Across the Region
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1.1.2 Rise of Stringent Fire Safety Norms Associated with Building Construction
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1.2 Restraints
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1.2.1 High Prices of Finished Products
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1.2.2 Quality Control Issues
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Type
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2.1.1 Integrity
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2.1.2 Integrity & Radiation Lamination
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2.1.3 Integrity & Insulation
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2.2 Application
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2.2.1 Building and Construction
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2.2.2 Other Applications
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2.3 Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 Italy
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2.3.4 France
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2.3.5 Rest of Europe
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Europe Fire-Resistant Glass Market Size FAQs
What is the current Europe Fire-Resistant Glass Market size?
The Europe Fire-Resistant Glass Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029)
Who are the key players in Europe Fire-Resistant Glass Market?
AGC Glass Europe, Schott, Nippon Sheet Glass Co., Ltd., POLFLAM Sp.z o. o. and Saint Gobain S.A. are the major companies operating in the Europe Fire-Resistant Glass Market.