A senior market research consultant at Eastman Chemical Company posted this release yesterday via LinkedIn:
The fire resistant glass market is projected to grow at a CAGR of around 11.0% between 2014 and 2019 and is estimated to generate the global market size of around $6.0 billion by 2019. The building & construction is the largest application of fire resistant glass.
The fire resistant glasses are mainly used in:
1. Fire doors, fire screens, and emergence exits
2. Schools, hospitals, offices, commercial premises, industrial premises, transport infrastructure, and residential buildings
3. Other locations, where the building safety and fire protection codes need higher level of fire protection
The key participants in the global fire resistant glass market include Nippon Sheet Glass Co. Ltd. (Japan), Nippon Electric Glass Co. Ltd. (Japan), Schott AG (Germany), Asahi Glass Co. Ltd. (Japan), Promat International NV (Belgium), Glass Dynamics Inc. (U.S.), SAFTI FIRST Fire Rated Glazing Solutions (U.S.), Ravensby Glass Co. Ltd. (U.K.), Fuso Glass India Pvt. Ltd. (India), Impact Safety Glass Works Ltd. (India), and Compagnie De Saint Gobain (France) among others.
This is an interesting topic that we’ll follow closely especially for the Scratch Removal market. Fire rated glass is very expensive and a growing industry. At GlasWeld we currently have customers in the fire rated glass industry that successfully use our Scratch Removal system both in manufacturing and after installation. The entire report will be available for download in the coming months