Global Foam Glass Market, 2014-2024

Global Foam Glass Market, 2014-2024

Foam glass is a kind of insulating material having 80% - 90% porosity. The foam glass has the properties of low thermal conductivity, high compression strength, high frost resistance, and better durability. It is made from raw material such as, foaming agent, limestone, calcium carbide, or coke by grinding, blending, and fitting die roasted at high temperature. The principle of the foam glass process is that between 700°C and 900°C the glass powder forms into a viscous liquid and then the foaming agent decomposes to form a gas that in turn forms bubbles. After cooling the mixture hardens into a rigid material with gas-filled closed-cell pores comprising a large portion of its volume.

The foam glass can be categories into closed cell foam glass and open cell foam glass. Closed cell foam glass offers high-temperature resistance, fire resistance, and high load bearing strength, moisture resistance, corrosion resistance, and pest resistance properties. These kinds of glass are used for building application as inner wall insulation, floor insulation, bases of tanks, insulating pipes, backfills, embankments, and runway arrestor systems.

This material is used to build walls, regulate heat in refrigerating equipment, or used as floating and filtering material. It is an advanced heat insulating material, easy to be cut and cemented. Foam glass is fireproof, waterproof, non-toxic, corrosion-resistant, anti-mite, non-aging, non-radioactive, and insulating. Anti-magnetic wave, anti-static, high mechanical strength, with good adhesion to various types of mud.

The global foam glass market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global foam glass market is growing at a fast pace and increasing its geographical footprint rapidly. The global foam glass market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Europe region due to leading manufacturers and increasing demand from end user industry. The major growth driver for foam glass market globally is the rising demand for environmentally friendly insulating material in various end user industry applications.

Foam glass enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of foam glass market globally. The companies that lead global foam glass market are Owens Corning ,Geocell, Glapor, Zhejiang Dehe Insulation Technology Co., Ltd., AeroAggregates, Ningbo Yoyo Foam Glass Co. Ltd., Misapor AG, Earthstone International, Pinosklo, Glavel, Beijing ShouBang New Materials Co. Ltd., Aotai, Huichang New Material, JSC Gomelglass, Pittsburgh Corning, Xin Shun Da, YaHong, YongLi, Zhengdi, ZhenShen, Zhong Tai Tian Cheng., Zhejiang Zhenshen Insulation Technology Corp.

Research Methodology

The research process includes the market segmentation of the global foam glass market, and market forecasts. The primary identifying the growth determinants of every market segment source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

Insights on the global foam glass industry dynamics
Estimation of the present global foam glass market size in terms of value and volume
Global foam glass market breakup based on type and application.
Verified global foam glass market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of global foam glass industry value chain.