About Heat Resistant Glass
Heat resistant glass is a specialty glass specifically designed to withstand high temperatures in kitchen appliances and industrial applications. The structure of heat-resistant glass usually comprises soda-lime or silica, which are high-temperature resistant materials. These types of glasses have a high melting point and low coefficient of expansion.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The global heat-resistant glass market is fragmented in nature as more players are present in the market. They are adopting various strategies such as new product launches, mergers, and acquisitions, innovation to compete in the market. Analyst at AMA Research estimates that United States and Asia Pacific Vendors will contribute the maximum growth to Global Heat Resistant Glass market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GrayGlass (United States), Gillinder Brothers (United States), Tate-Jones Inc. (United States), Swift Glass Co. Inc (United States), Schott AG (Germany), Corelle Brands (United States), Jeannette Specialty Glass (United States), Newport Industrial Glass Inc (United States), Bond Optics LLC (United States), Glass Dynamics LLC (United States), Bendheim (United States), Qingdao Nustar Glassware Co. Ltd (China), Sezal Glass Ltd. (India) and Asahi India Glass Ltd. (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Heat Resistant Glass market by Type (Borosilicate, Alumina Glass, Alkaline-free silica, Quartz, Pyrex and Others), Application (Power Industry, Pharmaceutical Industry, Chemical Industry, Oil Industry and Other) and Region.
On the basis of geography, the market of Heat Resistant Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Heat Resistant Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand from Beer Glass Manufacturing Industries
Market Growth Drivers:
Increasing Use of Heat Resistant Glass in Chemical, Pharmaceutical, and Oil Industries and Growing Demand for Heat Resistant Glass Owing to their Fire Protection Properties
Restraints:
Rising Prices of Raw Material
Opportunities:
Increasing Disposable Income in Emerging Countries and Growing Infrastructure of Automotive & Manufacturing Industries in Developing Countries
Market Leaders and their expansionary development strategies
In November 2020, AGC Glass Europe has acquired Etex’s portfolio of OEM1 customers on the German market for fire-resistant glass. Etex is a multinational group that manufactures and sells sustainable materials and solutions for the construction and industrial markets, including the Promat brand of insulating and fire-protection materials.
In 2019, Asahi India Glass Limited (AIS), India’s leading integrated glass company further expanded its existing value-added product portfolio in the architectural segment with the introduction of a new Fire-resistant glass (FRG) range.
The International Building Code (IBC) and National Fire Protection Association (NFPA) are the key regulatory bodies deciding the standards and codes for fire-resistant products. fire resistant glasses are needed to comply with various other building safety and fire protection norms such as UL 10B and UL 10C.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Heat Resistant Glass Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.