Choose License Type
The market size of foam glass is projected to grow from 1,703 kilotons in 2019 to 1,994 kilotons by 2028, approximately at a CAGR of 5.5% during the forecast period. Foam glass is an inorganic, legal substance made from recycled glass by annealing the glass used and adding foaming agents of a molten form. It is used as an offering excellent resistance to high temperatures, humidity, insulating material, corrosion and most chemicals. Foam glass has a higher fire resistance among the insulating materials than other isolating materials. Therefore, such desirable properties make foam glass, among others, an suitable material for use in end-use industries such as building & construction, pharmaceutical, manufacturing, and packaging.
For the forecast period from 2020 to 2028, the foam glass market will experience growth of 5.45 %. Rising environmental regulations are expected to generate new business opportunities. Growing demand for the highest form of industrial insulation is expected to boost growth in the market. . Some of the other factors such as increasing prevalence for fire safety & longer life, growing visibility of foam glasses and high insulation value of foam glass, which will increase the demand for foam glass in the 2020 to 2028 forecast period. In the forecast period listed, high costs of foam glass and a lack of knowledge among the population about foam glass are expected to hinder market growth.
Key Segments of the Global Foam Glass Market
Type Overview, 2018-2028 (USD Million)
Process Overview, 2018-2028 (USD Million)
End-use industry ] Overview, 2018-2028 (USD Million)
Application Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
North America
Europe
Asia Pacific
Middle East and Africa
South America
Reasons for the study
What does the report include?
Who should buy this report?
Market Synopsis -
Foam glass is a porous glass foam material that offers lightweight, high strength, and excellent acoustic and thermal insulation. Foam glass is manufactured using recycled glass, which makes it an eco-friendly product, adding to its market value, especially in developed countries. Foam glass is used extensively in refineries, shipbuilding, cryogenic, and chemical technologies.
Pricing Analysis
The price of foam glass depends on its application and requirement of end-use, for instance, the price varies according to different of thickness, length, and width of foam glass. Such as foam glass price with (65 Thickness x 100Width x 450Length (mm)) was around USD 159.04 slap whereas (140 Thickness x 215 Width x 450Length (mm)) was around USD 133 per slap. Thus, the foam glass price varies from a range of USD 181.38 to USD 272.07 cubic meter depending on its sizes.
Market USP-
Excellent thermal and acoustic insulation.
Market Drivers-
Market Restraints -
By Type
By End-Use
Europe has the largest share of the global foam glass industry, and the market domination over the expected period is predicted to continue. We expect Europeans like Norway , Sweden and Germany to take the lead in the region's foam glass industry. The the demand for environmentally friendly insulating materials across various end-use industries is expected to stimulate growth on the regional foam glass market. Europe held the largest share of the foam glass market and it is predicted that this trend will continue over the forecast period.
The leading Foam glass manufacturers are Owens UUSIOAINES OY, Glapor , MISAPOR (Switzerland), Polydros S.A, Refaglass, Zhejiang Zhenshen Insulation Technology Corp., Earthstone international, and Anhui Huichang New Material Co., Ltd..These players adopted key growth strategies from 2014 to 2019, which helped them increase their capacities and cater to the widening customer base. Owens Corning (US) is one of the market leaders on foam glass. The company is involved in the production of foam glass and is also the producer of the same. The company has broad geographic reach covering APAC, Middle East & Africa, North America , and Europe.
The market size of foam glass is projected to grow from 1,703 kilotons in 2019 to 1,994 kilotons by 2028, approximately at a CAGR of 5.5% during the forecast period. Foam glass is an inorganic, legal substance made from recycled glass by annealing the glass used and adding foaming agents of a molten form. It is used as an offering excellent resistance to high temperatures, humidity, insulating material, corrosion and most chemicals. Foam glass has a higher fire resistance among the insulating materials than other isolating materials. Therefore, such desirable properties make foam glass, among others, an suitable material for use in end-use industries such as building & construction, pharmaceutical, manufacturing, and packaging.
For the forecast period from 2020 to 2028, the foam glass market will experience growth of 5.45 %. Rising environmental regulations are expected to generate new business opportunities. Growing demand for the highest form of industrial insulation is expected to boost growth in the market. . Some of the other factors such as increasing prevalence for fire safety & longer life, growing visibility of foam glasses and high insulation value of foam glass, which will increase the demand for foam glass in the 2020 to 2028 forecast period. In the forecast period listed, high costs of foam glass and a lack of knowledge among the population about foam glass are expected to hinder market growth.
Key Segments of the Global Foam Glass Market
Type Overview, 2018-2028 (USD Million)
Process Overview, 2018-2028 (USD Million)
End-use industry ] Overview, 2018-2028 (USD Million)
Application Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
North America
Europe
Asia Pacific
Middle East and Africa
South America
Reasons for the study
What does the report include?
Who should buy this report?
Chapter 1 Introduction
1.1 Introduction to the Study
1.2 Market Definition and Scope
1.3 Units, Currency, Conversions and Years Considered
1.4 Key Stakeholders
1.5 Key Questions Answered
Chapter 2 Research Methodology
2.1 Introduction
2.2 Data Capture Sources
2.2.1 Primary Sources
2.2.2 Secondary Sources
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Data Triangulation
2.6 Assumptions and Limitations
Chapter 3 Executive Summary
Chapter 4 Market Outlook
4.1 Introduction
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.2.2 Opportunities
4.4 Porter’s Five Forces Analysis
4.5 PEST Analysis
4.6. Regulatory Landscape
4.7 COVID-19 Impact Analysis
Chapter 5 Expanded Foam Glass Market by Type
5.1 Introduction
5.1.1 Low Density
5.1.2 High Density
5.1.3 Porous PP
5.1.1.4 Reporting and Analytics
Chapter 6 Expanded Foam Glass Market by Application
6.1 Introduction
6.1.1 Automotive
6.1.2 Packaging
6.1.3 Consumer products
Chapter 7 Expanded Foam Glass Marketby Region
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 France
7.3.3 UK
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Middle East & Africa
7.5.1 UAE
7.5.2 South Africa
7.5.3 Rest of Middle East & Africa
7.6 South America
7.6.1 Brazil
7.6.2 Rest of South America
Chapter 8 Competitive Landscape
8.1 Overview
8.2 Strategic Initiatives
8.2.1 Mergers & Acquisitions
8.2.2 New Product Launch
8.2.3 Investments
8.2.4 Expansion
8.2.5 Customer Targeting
Chapter 9 Company Profiles
9.1 BASFSE
9.1.1 Overview
9.1.2 Products and Services Portfolio
9.1.3 Recent Initiatives
9.1.4 Company Financials
9.1.5 SWOT
9.2 Hanwha Group
9.2.1 Overview
9.2.2 Products and Services Portfolio
9.2.3 Recent Initiatives
9.2.4 Company Financials
9.2.5 SWOT
9.3 JSP Corporation
9.3.1 Overview
9.3.2 Products and Services Portfolio
9.3.3 Recent Initiatives
9.3.4 Company Financials
9.3.5 SWOT
9.4 IZOBLOK GmbH
9.4.1 Overview
9.4.2 Products and Services Portfolio
9.4.3 Recent Initiatives
9.4.4 Company Financials
9.4.5 SWOT
9.5 Kaneka Corporation
9.5.1 Overview
9.5.2 Products and Services Portfolio
9.5.3 Recent Initiatives
9.5.4 Company Financials
9.5.5 SWOT
9.6 The Woodbridge Group
9.6.1 Overview
9.6.2 Products and Services Portfolio
9.6.3 Recent Initiatives
9.6.4 Company Financials
9.6.5 SWOT
9.7 FURUKAWA ELECTRIC CO., LTD.
9.7.1 Overview
9.7.2 Products and Services Portfolio
9.7.3 Recent Initiatives
9.7.4 Company Financials
9.7.5 SWOT
9.11 Other Companies