Cellular Glass Market By Type (Open Glass, Closed Glass), By Product (Blocks & Shells, Foam Glass Gravels), By Application (Construction, Industrial, Others), and Region – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Report Overview
Cellular glass market reached is estimated by reach at a CAGR of 4.6% during the forecast period (2024-2031).
Cellular glass is an insulation type composed of crushed glass and a material such as limestone or carbon. Cellular glass, also known as foam glass, is a lightweight, stiff, and durable material made up of sealed glass cells commonly used as a thermal insulator. Physical features include increased compressive strength, moisture resistance, and superior thermal and dimensional stability.
Cellular glass is produced via a high-temperature reaction between glass and carbon. It is resistant to soil humidity because of its permeability. It can be used in other applications such as cryogenic system insulation and hot oil storage tank insulation. It has some of the same advantages as glass because glass is a substantial portion of its composition.
Cellular glass has a wide range of uses. Cellular glass can be formed in various ways to insulate pipes and tanks. Insulation panels for structures are made from cellular glass. Cold storage and flotation devices are two further applications.
Market Summary
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Metrics |
Details |
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Market CAGR |
4.6% |
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Segments Covered |
By Product, By Application, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Market Dynamics
Expansion in the construction industry is the primary factor adding value to the growth of the cellular glass market.
Expansion in the construction industry is the primary factor adding value to the growth of the cellular glass market
Any object in a building employed as insulation for any reason is referred to as building insulation. The majority of building insulation is used for thermal reasons. The building sector is driven by population growth. Residential and nonresidential construction is also possible.
The need for cellular glass products has increased as the demand for new construction has increased. Increased household maintenance activities are projected to fuel the cellular glass industry. Homeowners want to spend more money caring for their flooring, walls, and roofs. The worldwide cellular glass market is expected to benefit from this trend.
The cellular glass market is expected to grow as consumers become more interested in energy-saving methods as the construction industry expands. For instance, as per Oxford Economics, Future of Construction provides global construction estimates through 2030 and thoughts on climate-related construction concerns.
Global construction production was US$10.7 trillion in 2020 (in 2017 prices and currency rates) and oxford economics projected it to expand by 42% or US$4.5 trillion, to US$15.2 trillion by 2030. The global construction industry is expected to be a major driver of economic development and recovery following the COVID outbreak. In the short term, global construction production is predicted to reach US$13.3 trillion by 2025, an increase of US$2.6 trillion from 2020.
Between 2020 and 2030, Asia-Pacific will see a US$2.5 trillion increase in construction output, growing by more than 50% to a US$7.4 trillion industry.
Furthermore, from 2020 to 2030, North American construction output will increase by 32%, or US$580 billion, to US$2.4 trillion. Western Europe is predicted to rise by 23% between 2020 and 2030, bringing total construction production to US$2.5 trillion in 2030. Construction will grow faster than manufacturing or services over the next decade, averaging 3.6% yearly. Thus tremendously improving construction business across the globe is expected to drive the market growth for the cellular glass market in the forecast period.
Furthermore, In the next years, environmental laws and new application areas are expected to drive up demand for cellular glass. For instance, in November 2021, FOAMGLAS®, a division of Owens Corning's Fortune 500 company, created a novel, glue-free method of installing FOAMGLAS T3+ roof insulation, which makes the insulation 100% reusable.
FOAMGLAS T3+ insulation is put loose atop a vapor barrier and then coated with a non-flammable coating in the new solution. The invention is part of the Belgian 't Centrum's sustainable Circular Office initiative, held by Kamp C, the Provincial Center for Sustainable Building and Living.
The expensive production of cellular glass is hurdling the growth of the product
Cellular glass has a wide range of applications. It's used to make fireproof construction panels and to insulate green roofs. Insulating chilled water pipes and equipment, cold process pipes and equipment, ethylene plant pipes and equipment, hot oil piping and equipment, LNG piping and tank bases, stainless steel hot water lines, and underground steam distribution are some of the major application areas of the cellular glass market.
However, the increasing use of heavy and fragile materials is a major factor responsible for the growth of the cellular glass market. Furthermore, the expensive cost of production for cellular glass reduced the margin for the product, therefore hurdling the growth of the product at a higher rate. For instance, cellular glass costs around US$100.00-US$150.00/ Cubic Meter 20.0 Cubic Meters. Thus, the high cost compared to other types of glasses available is challenging the market for cellular glass in recent times.
COVID-19 Impact on Market
Due to the outbreak of the novel coronavirus, the cellular glass industry is predicted to increase slowly in 2021. The lethal virus has wreaked havoc around the globe, particularly in regions like North America and Europe. Companies have shut down activities and industrial facilities across countries to prevent the virus from spreading further. As a result of the shutdown, there is a tremendous decline in cellular glass production capacity. Construction, industrial, and other end-use industries have shown tremendous downfall due to the shutdown of various construction products, which hamper the cellular glass market's growth.
However, the vaccination drive in many developing regions has shown positive growth in the cellular glass market and is expected to maintain the market growth in the forecast period.
Market Segment Analysis
The global cellular glass market is segmented based on type, product, application, and region.
Blocks can be cut to the required shape and inserted as needed, thus in great demand in various construction applications
The global cellular glass market is segmented based on product into blocks & shells and foam glass gravels. Due to expansion in the construction and industrial sectors, the blocks & surfaces product category led the cellular glass industry in 2020. During the forecast period, this tendency is expected to continue.
Storage tank insulation, pipeline, and roof insulation use blocks, and shells. Blocks can be cut to the required shape and inserted as needed. As a result, its adaptability is another factor driving demand.
However, the foam glass gravel segment is expected to grow the fastest in the forecast period. Foam glass gravel is a construction material created for a future when the built world and the natural environment coexist. The physical features of foam glass gravel allow it to be a favored material across the built environment because it is adaptable and lightweight.
Foam glass is not only extremely light (9.8 pounds per cubic foot), but its closed-cell structure also provides R1.7 thermal insulation per compressed inch. From sub-slab insulation to green roof fill and infrastructure backfill, foam glass can be used in various building verticals. Thus, the features mentioned above and the wide application range are expected to boost the segmental growth of the product in the forecast period.
Market Geographical Share
The growth in Europe is due to an increased usage of loose-fill cellular glass as an insulating barrier and for underground drainage construction in capillary water tubes.
During the forecast period, the European cellular glass market is expected to develop at the fastest rate of XX %, accounting for XX % cellular glass market. The growth is due to an increased usage of loose-fill cellular glass as an insulating barrier and for suundergroundrainage construction in capillary water tubes.
Furthermore, the European government has established different test programs to improve the physical qualities of cellular glass. Market expansion is fueled by the rising usage of cellular glass in construction projects in various European nations. The push toward energy efficiency continues, as do stricter building requirements, resulting in increased insulation use in this region.
In addition, the presence of major manufacturers of cellular glass such as Misapor AG (Switzerland), POLYDROS, S.A. (Spain), Uusioaines Oy(Finland), Steinbach Schaumglas GmbH & Co. KG (Germany), REFAGLASS s.r.o. (Czech Republic), GEOCELL Schaumglas GmbH (Germany), German Geo Construction GmbH (Germany), STES-Vladimir (Russia), Benarx (Norway), and Liaver GmbH & Co. KG (Germany) in the region are other factors driving its demand in the region. In countries like Germany, the driving factor is renovating old buildings.
Companies and Competitive Landscape
The global cellular glass market is highly competitive with local and global companies. Some prime companies contributing to the market's growth are Owens Corning, Misapor AG, POLYDROS, S.A., Steinbach Schaumglas GmbH & Co. KG, REFAGLASS s.r.o., Zhejiang Zhenshen Thermal Technology Co., Ltd., Zhejiang Dehe Insulation Technology Co., Ltd., Uusioaines Oy, Earthstone International LLC, STES-Vladimir, GEOCELL Schaumglas GmbH, German Geo Construction GmbH, Benarx, GLAVEL, Inc. others.
The major companies are adopting several growth strategies such as acquisitions, product launches, and collaborations, contributing to the global growth of the cellular glass market.
- In June 2019, Uusioaines’ parent company, Partnera Glass Recycling, acquired Hasopor. Hasopor is based in Hammar, Sweden's glass recycling center and it is now the country's only cellular glassmaker, similar to Uusioaines, the Group's Finnish subsidiary. Uusioaines, headquartered in Forssa, is now part of the huge Baltic glass recycling and foam glass production network. Uusioaines and Hasopor partnered to achieve significant growth and internationalization, turning the circular economy into a successful business and capitalizing on the popularity of their well-known product names.
Owens Corning
Overview: Owens Corning is a corporation based in the U.S. that develops and manufactures insulation, roofing, fiberglass composites, and related materials and products. It is one of the growing producers of fiberglass composites in the world. It was founded in 1935 as a joint venture by Corning Glass Works and Owens-Illinois, two prominent American glass companies. 19,000 individuals work for the company around the world. Since the list's inception in 1955, Owens Corning has been a Fortune 500 firm every year. The Pink Panther serves as the company's mascot and is featured prominently in most ads.
Product Portfolio: FOAMGLAS INSULATION: FOAMGLAS cellular glass insulation comprises glass cells and is lightweight, robust, and long-lasting. Its non-combustible has high compressive strength, is moisture resistant, has good dimensional stability, and has long-term thermal performance. FOAMGLAS insulation is therefore perfect for mission-critical roofs. FOAMGLAS insulation can also be used as a structural insulating block to help prevent thermal bridging by providing continuous insulation of the building envelope because it is load-bearing. For architectural and industrial specifications, FOAMGLAS insulation is offered in a wide range of product offers, forms, and sizes.
Key Development
- On April 19, 2021, Owens Corning announced the launch of its new product- FOAMGLAS EMBRACES NEW ASTM C1902 – CELLULAR GLASS INSULATION. The product show applications in building and roofing. Furthermore, Architects and designers looking for a greater level of performance in commercial rooftops, enclosure wall assemblies, and below-grade applications can use ASTM C1902.
