Fire
Resistant Glass Market is segmented on the basis of type, application
and geography. Fire resistant glass is used as smoke and fire barrier; thanks
to its blocking capabilities regarding transfer of radiant and conductive heat.
They are capable of providing fire rating of 20 to 180 minutes. Moreover, these
products consist of various fire resistive inter layers whereby, the material
used in the product includes tempered, ceramic and wired glass.
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Fire resistant glasses control
smoke, heat and fire, thereby letting safe passage in case of fire. The rise in
fire related accidents has propelled the demand for fire resistant glasses.
Lately, it has been observed that the market for passive fire protection has
grown significantly. It can be attributed to the low maintenance cost of passive
fire protection as compared to active fire protection. Furthermore, the
performance and reliability of passive fire protection systems are higher than
that of active fire protection systems.
Fire resistant glass is one of
the passive protection systems and hence, it is witnessing increasing adoption
across various sectors. The rise in housing sector is expected to drive the
growth of the fire resistant glass market. Consumers pertaining to the
developing economies such as South Korea, India, and China have greater
disposable income, thereby driving them to invest in fire resistant glass door
for improving aesthetics and increasing the buildings’ safety. The increase in
prices of raw materials is one of the major constraints to the growth of fire
resistant glass market. Raw materials such as soda ash, silica sand, limestone,
and silicates used in producing glass are costly. This price rise, in turn,
leads to an increase in production costs. For example, soda ash, one of the
expensive raw materials used in glass manufacturing does account for around 60%
of the overall cost of raw materials.
The key target audience of the
fire resistant market are raw material manufacturers, regional manufacturer
associations and general fire resistant glass associations, traders,
distributors and suppliers of fire resistant glass, government & regional
agencies and research organizations. Based on type, the fire resistant glass
market is segmented into wired fire resistant glass, ceramic fire resistant
glass, laminated fire resistant glass, tempered fire resistant glass and so on.
“Laminated fire resistant glasses” have witnessed significant demand,
especially across Europe. These glasses are preferred by architects and
builders as they meet the building codes and fire safety regulations. Laminated
fire resistant glasses are capable of blocking smoke and flames while resisting
conductive and radiant heat.
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