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Fire Resistant Glass Market Analysis and Forecast Study for 2016 - 2024

, 15 August 2018 -- Fire Resistant Glass Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Fire Resistant Glass Market


Fire resistant glasses control smoke, fire, and heat, thereby letting safe passage in case of fire. The rise in fire-related accidents has propelled the demand for fire resistant glasses. Lately, it has been observed that the market for passive fire protection has grown significantly. It can be attributed to the low maintenance cost of passive fire protection as compared to active fire protection. Furthermore, the performance and reliability of passive fire protection systems are higher than that of active fire protection systems. Fire resistant glass is one of the passive protection systems and hence, it is witnessing increasing adoption across various sectors.


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On the basis of product type, fire resistant glasses can be classified into laminated, wired, ceramic, and tempered. Laminated fire resistant glasses have witnessed significant demand, especially across Europe. These glasses are preferred by architects and builders as they meet the building codes and fire safety regulations. Laminated fire resistant glasses are capable of blocking smoke and flames while resisting conductive and radiant heat.


The key applications areas of fire resistant glass include boats, building and construction, defense, and others. The building and construction sector is the largest application segment of the global fire resistant glass market. Fire resistant glasses are extensively used to build fire windows, walls, and doors in hospitals, schools, and other commercial and residential buildings.


Global Fire Resistant Glass Market: Overview


A spike in fire-related accidents and loss of assets are the primary factors driving the the global fire resistant glass market. The market is witnessing a significant growth since the last decade. Implementation of various fire safety codes and regulations by governments across nations has also supported the growth of the market. Developed economies in Europe and North America have been at the forefront in implementing the fire safety regulations.


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The International Building Code (IBC) and National Fire Protection Association (NFPA) are the key regulatory bodies deciding the standards and codes for fire resistant products. Vendors in the market are required to adhere to these safety standards while developing innovative and novel fire resistant glasses. Furthermore, fire resistant glasses are needed to comply with various other building safety and fire protection norms such as UL 10B and UL 10C.


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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


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Submitted by Sandy Researcher, Transparency Market Research on Wednesday, 15 August 2018 at 2:59 AM
Category: Business
 
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