Product Code: GVR-4-68040-244-4
Foam Glass Market Growth & Trends:
The global foam glass market size is anticipated to reach USD 3.13 billion by 2030 and is projected to grow at a CAGR of 5.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand for foam glass in residential building is driving market growth.
Foam glass is a highly efficient insulation material commonly used in residential buildings. Due to its excellent insulation properties, it helps in regulating the temperature inside the building, making it more energy-efficient and cost-effective. Foam glass is also lightweight, durable, and resistant to water, fire, and pests, which makes it a popular choice for insulation in residential buildings.
Open-cell foam glass is a porous material that can absorb sound and reduce heat transfer. It is lightweight and has good compressive strength, making it suitable for various applications. With its open-cell structure, it allows for the easy flow of air and other gases. Overall, it is a versatile and beneficial product that can be used in a variety of applications.
North America is one of the key markets for foam glass; it holds around 22% of the global market share. Demand for the product is primarily driven by new residential construction, repair, and remodeling activities, as well as commercial and industrial construction activities in the U.S., Canada, and Mexico.
The global market is highly competitive. Companies in the industry are pursuing mergers and acquisitions to grow their businesses. For instance, in May 2023, Schlusselbauer and Reiling, two family-run companies in the foam glass sector, merged their German operations to form a new company called Veriso GmbH & Co. KG.
Foam Glass Market Report Highlights:
- Based on application, the industrial segment led the market with the largest revenue share of 46.0% in 2023. This products is used for insulation in piping, chemical processing systems, and fire safety
- Based on application, the building and construction segment is expected to grow at the fastest CAGR during the forecast period. The rising investment in renovation and green buildings is expected to drive the growth of this segment
- Europe dominated the market with the revenue share of 30.4% in 2023. Favorable government regulations are driving the adoption of building insulation materials in the region due to their ability to lower energy consumption, as well as the increasing adoption of various green building standards
- China held the market with the revenue share of 31.0% in Asia Pacific. The market growth is attributed to rising investment in various industries such as petrochemicals, manufacturing, and commercial & residential building construction
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.3. Manufacturing Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Foam Glass Market: Deposit Estimates & Trend Analysis
- 4.1. Foam Glass Market: Deposit Movement Analysis, 2023 & 2030
- 4.2. Opened Cell Foam Glass
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3. Closed Cell Foam Glass
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Foam Glass Market: Application Estimates & Trend Analysis
- 5.1. Foam Glass Market: Application Movement Analysis, 2023 & 2030
- 5.2. Insulation
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3. Building & Construction
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Other
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Foam Glass Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2023 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6. France
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7. UK
- 6.3.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5. Japan
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6. India
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5. Central & South America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Global Recent Developments, By Key Market Participants
- 7.2. Kraljic Matrix
- 7.3. Company Ranking Analysis
- 7.4. Heat Map Analysis
- 7.5. Vendor Landscape
- 7.5.1. List of raw material suppliers
- 7.5.2. List of distributors
- 7.5.3. List of other prominent manufacturers
- 7.5.4. List of prospective end-users
- 7.6. Strategy Mapping
- 7.7. Company Profiles/Listing
- 7.7.1. AeroAggregates of North America, LLC
- 7.7.1.1. Company Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.2. Dehe Technology Group Co., LTD
- 7.7.2.1. Company Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.3. GLAPOR
- 7.7.3.1. Company Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.4. Jahan Ayegh Pars Company
- 7.7.4.1. Company Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.5. Mike Wye Ltd
- 7.7.5.1. Company Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.6. Owens Corning
- 7.7.6.1. Company Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.7. PINOSKLO cellular glass
- 7.7.7.1. Company Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.8. Shanghai Metal Corporation
- 7.7.8.1. Company Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.9. Uusioaines Oy
- 7.7.9.1. Company Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.10. REFAGLASS
- 7.7.10.1. Company Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking