According to the study, ‘Asia Fireproof Glass Industry Situation and Prospects Research Report’ some of the major companies which are currently functioning in this sector includes such as Saint-Gobain, Schott AG, Asahi Glass, NSG Pilkington, Pyroguard, Anemostat, Fuso Glass India Pvt. Ltd., Promat International Nv, Ravensby Glass Co. Ltd., Safti First Fire Rated Glazing Solutions, Glass Dynamics Inc, Nippon electric Glass co. Ltd, Nippon Sheet Glass Co. Ltd., Technical glass Products, Fuso Glass India Pvt. Ltd. The key market players are focusing on the joint ventures, mergers and acquisitions to acquire the large share in the market. In addition to this, the key market player of the fireproof glass for building and ships are being developed. Hence, the massive investment towards the fireproof market is anticipated to increase the demand in the coming years.
The history of fireproof glass goes back to the 1980s, when the first company uniquely specialized in the research, manufacture and marketing of sustainable fireproof glass of highest resistance glasses. Fireproof glasses are for people’s safety always, as safety comes first. With this safety measure the demand of fireproof glass is increasing positively in the recent years. In addition fireproof glasses are used where building regulations impose a specific level of fire proof and the place where people want natural light and clear visibility such as restaurants, offices, airports, schools, library, shopping malls, industrial buildings and others. Due to the application of fireproof glasses such as clarity or visibility that provide good vision without sound reduction, fire screen and doors, safety room fire and others the demand for fireproof glass is expected to increase significantly in the coming years.
Government organizations have also introduced many safety measures followed by regarding specific type of fireproof glasses. This is one of the cautions for global fireproof glass market. The fireproof glass market can be discriminated on the support of material, usage, type, end-use industry and others. Further the type of fireproof glass market can be segmented into wired, ceramic, laminated, and tempered. In addition, construction, marine, transportation, and others are the application of fireproof glass. The market of fireproof glass can also be discriminate on the residential, commercial, and industrial basis.
The fireproof glass market gives geographic growth as the demand is growing. Moreover the new strategies and investment enhances the status of the market geographically. The market of fireproof glass is spread across China, Japan, India, Korea, Saudi Arabia and other regions. However, Asia-Pacific region is also expected to manage a significant share in the global fireproof glass market. Besides this Europe is expected to account for more than half share of the global fireproof glass market but Asia-Pacific region is expected to witness a relatively high growth rate in the global fire proof glass market. Therefore the fireproof glass market is highly competitive with the presence of both regional and global players operating in the market. Increase in demand resulted in higher competition. In future, it is anticipated that there will be boost in the market in the future years as well.
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