Vetrotech Saint-Gobain International AG (Switzerland) and SCHOTT AG (Germany) are Leading Players in the Fire Resistant Glass Market
The fire resistant glass market is projected to grow from USD 10.4 billion in 2024 to USD 16.1 billion by 2029, at a CAGR of 9.0% during the forecast period. Fire resistant glass is used to control the spread of fire, hazardous smoke, and transfer of heat in buildings, marine vessels, and oil refineries. It has various fire ratings, ranging between 20 and 180 minutes. It provides fire resistivity between 20 and 180 minutes depending on the area and size limitations that fall under the application building code and/or the authority having the jurisdiction. The fire resistant glass possesses wide range of applications in building & construction, marine, and other applications such as transportation, refineries and aerospace.
The fire resistant glass has the capability to efficiently prevent the spread of excessive heat, hot gases, or flames, in case of a fire accident. They can also withstand high temperature and protect the life and properties of the people involved, and thus have a wide use in the residential & commercial sectors.
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The increasing demand for fire resistant glass to ensure safer as well as spacious, brighter, and sustainable fire safety design has led to the growth of fire resistant glass in the building & construction application. In addition, the increasing government stringent norms & regulations to construct according to the building safety codes have fueled the demand for fire resistant glass during the forecast period.
Some of the major manufacturers operating in the fire resistant glass market are Vetrotech Saint-Gobain International AG (Switzerland), SCHOTT AG (Germany), AGC Inc. (Japan), Nippon Sheet Glass Co., Ltd. (Japan), Pyroguard Ltd. (UK), Anemostat (US), Fuso Glass India Pvt. Ltd. (India), Promat International NV (Belgium), Ravensby Glass Co. Ltd. (UK), and SAFTI FIRST (US).
Many of the major players in the past few years have been adopting various growth strategies to strengthen their position in the global fire resistant glass market. These growth strategies include agreements, product launches, contracts, collaborations, mergers & acquisitions, partnerships, and research and development activities aiming to expand their market presence in the fire resistant glass market even further.
Vetrotech Saint-Gobain International AG (Switzerland)
Vetrotech Saint-Gobain International AG is one of the global leaders and manufacturers of high-performance safety glass for the building and marine industries. The company operates its business under two product segments namely Fire-resistant glass solutions and High-security glass solutions under both Building and Marine sectors. Under Fire resistant glass solutions, the company offers four types of classes namely, EI-Integrity & Insulation, EW -Integrity & Radiation control, E-Integrity and D/DH-Smoke control. The company offers different types of fire-resistant glasses under these classes. These glasses have a wide range of applications in both building and marine sectors for Doors, Facades/walls, Floors, Windows, Skylights, Partitions, and Smoke Barrier System (SBS). The company has 7 main production sites and is spread across Europe, Asia and America region.
SCHOTT AG (Germany)
SCHOTT AG is one of the top leading global material technology groups manufacturing specialty glass and glass solutions. The company operates under three business segments namely, Precision materials, Optical Industries, and home appliances. SCHOTT AG deals in variety of markets & applications such as Architecture, Automotive, Aerospace, Consumer electronics, Health, Home and Living, Industrial and Energy, Optics, Retail and Gastronomy and Security & Defense. The company offers a wide range of specialty glass such as Fire-resistant glass products under the home appliances segment. These fire-resistant glasses have a wide range of applications in the architectural industry. The company has its production and sales units in more than 30 countries and has its global footprint spreads across Asia Pacific, China, Europe, US, and Middle East & Africa.
Related Reports:
Fire Resistant Glass Market by type (Laminated, Ceramic, Wired, Tempered), End-Use Applications (Building & Construction, Marine), and Region (North America, Europe, Asia Pacific, South America, And MEA) - Global Forecast to 2029
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