Global Foam Glass Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Foam Glass market:
The latest research study on the global Foam Glass market finds that the global Foam Glass market reached a value of USD 1278.99 million in 2022. It’s expected that the market will achieve USD 1896.61 million by 2028, exhibiting a CAGR of 6.79% during the forecast period.

Foam Glass is a superior insulation material. It is characterized by small surface density, high strength, low thermal conductivity, heat resistance, anti-freeze-thaw resistance, low water absorption, no burning, sound absorption, good corrosion resistance and workability, not only widely used in petroleum, chemicals, refrigeration, defense and other fields, but also the construction of new energy-saving environmental protection, decorative materials. Foam Glass is a block form and then fabricated into a wide range of shapes and sizes to satisfy industrial and commercial insulation requirements.

Market Opportunities
The China National Fire Corps issued the famous No. 65 document, requiring that new building insulation materials must meet Class A fire protection standards. Based on the two remarkable characteristics of “insulation and fire prevention” based on foam glass, foam glass, as the new darling of building insulation materials, has been pushed to the stage of China's building insulation and energy conservation history.
The narrowing of the price difference between foam glass and other insulation materials makes foam glass more suitable for replacing other glass insulation materials. Expand its market space in the fields of cold insulation, thermal insulation, building insulation and so on. Later, after product subdivision, it was gradually extended to chimneys, sound absorption, construction, refrigeration, airports, subways, tunnels, LNG, petrochemical pipelines and other fields.

Market Risk
High technical indicators and lack of industry standards are not conducive to the stable development of the foam glass industry.
The overall layout of the foam glass industry is out of control, and the industry's sudden hot hand has caused many players to enter the market. However, the Chinese construction market has cooled down, and the contradiction between production and demand has become more prominent. Some enterprises have already seen the situation that the ex-factory price is lower than the production cost. Investors and banks have a wait-and-see attitude toward the industry. In this case, the industry outlook is uncertain.

Region Overview:
From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:
Pittsburgh Corning is one of the major players operating in the Foam Glass market, holding a share of 25.7% in 2021.

Pittsburgh Corning
Pittsburgh Corning Corporation develops, manufactures, and supplies building materials in the United States and internationally. It offers loose glass blocks, glass block windows, shower systems, opal glass blocks, energy efficient glass blocks, glass block solar wall tubes, hurricane-resistant glass block windows, patterns, track spacer systems, decorative glass blocks, glass block shower systems, aluminum clad wood windows, glass block installation systems, block finishing units, fire rated glass blocks, basement windows, and specs/installation products.

ZhenShen
Zhejiang Zhenshen Insulation Technology Corp. Ltd. is located in Jiaxing city Zhejiang Province where is in gold hinterland of Yangtze River Delta Hangzhou Gulf Economic Zone, Shanghai Economic Zone and Taihu Lake Economic Zone. ZES is the National New and High-tech enterprise in Wangdian industrial function park.

Segmentation Overview:
By type, Black (Gray) Foam Glass segment accounted for the largest share of market in 2022.

Application Overview:
By application, the Commercial Piping and Building segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Foam Glass market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Foam Glass market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Foam Glass and its sub-markets in an intuitive way.

Key Companies in the global Foam Glass market covered in Chapter 3:
ShouBang
Zhong Tai Tian Cheng
GLAPOR
Huichang New Material
REFAGLASS
Aotai
Zhejiang DEHO
YongLi
Pittsburgh Corning
Xin Shun Da
ZhenShen

In Chapter 4 and Chapter 14.2, on the basis of types, the Foam Glass market from 2018 to 2029 is primarily split into:
Black (Gray) Foam Glass
White Foam Glass
Others (Multicolor)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Foam Glass market from 2018 to 2029 covers:
Cryogenic System
Heat Transfer Fluid Systems
Chemical Processing Systems
Commercial Piping and Building
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Foam Glass market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions