Press release
Cellular Glass Market Size, Trends, Growth, Outlook 2020-2027
The market's growth is propelled by increasing utilization in construction and building applications, along with a rising demand for load-bearing applications. However, challenges such as fragility and susceptibility to induced damage due to vibrations, alongside the comparatively higher cost of cellular glass compared to other insulation materials, may impede market growth. Yet, the expanding adoption of cellular glass in various applications like building facades, pools, roof insulation, and floating blocks for submarine nets and ethylene plant pipes is anticipated to unlock numerous opportunities for market players in the foreseeable future.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A10150
Cellular glass, also referred to as foam glass, stands out as a lightweight, rigid, and durable material composed of sealed glass cells, widely used as a thermal insulation material. It boasts physical properties such as enhanced compressive strength, resistance to moisture, and high thermal & dimensional stability. Manufactured through a reaction between glass and carbon at elevated temperatures, cellular glass offers resistance against soil humidity and finds application in diverse sectors, including insulation of cryogenic systems and hot oil storage tanks.
The market's growth is further fueled by its utilization in insulating cryogenic to superheated industrial applications. Its corrosion protection, pest resistance, and incombustible properties make it an ideal insulation material for high-load-bearing applications, such as tanks containing LPG, LNG, LOX, ethylene, ammonia, and liquid nitrogen. Additionally, the growing need for industrial fire safety drives market growth.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/A10150
Segmentation of the cellular glass market includes product type, type, application, and region. The block & shell segment dominated the market in 2019, accounting for approximately three-fourths of the global market, while the foam glass gravel segment is expected to witness the highest CAGR of 5.4% during the forecast period.
In terms of applications, construction held the largest share in 2019, contributing over two-fifths of the global cellular glass market. Conversely, the industrial segment is forecasted to exhibit the highest CAGR of 5.1% during the forecast period.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/cellular-glass-market/purchase-options
Regionally, Asia-Pacific led the market in 2019, holding nearly half of the market share, while Europe is projected to experience the highest CAGR of 5.3% during the forecast period.
Key market players highlighted in the report include Amity Insulation Group Inc., Jahan Ayegh Pars Co., Benarx, and others, indicating a competitive landscape ripe with opportunities for innovation and market expansion.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
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