Global Cellular Glass Market to Reach US$ 768.8 Million by 2032, Propelled by Rising Environmental Awareness

November 14, 2022 | Chemical & Materials

IMARC Group's latest report, titled "Cellular Glass Market Report by Product Type (Block and Shell, Foam Glass Gravel), Type (Open Glass, Closed Glass), Application (Construction, Industrial, and Others), and Region 2024-2032", finds that the global cellular glass market size reached US$ 559.2 Million in 2023. Cellular glass is an insulating material with a sponge-like appearance manufactured at high temperatures using crushed glass and carbon or limestone. It possesses physical properties such as excellent compressive strength, moisture resistance, high thermal conductivity, and dimensional stability. Compared to other insulation materials, it is chemically inert, lightweight, fiber-free, and has superior mechanical properties and a cellular structure. It is used as a barrier against soil humidity due to its impermeability. As a result, cellular glass finds extensive applications in insulating water pipes, tanks, and flat roofs covered with bitumen or other heavy materials across the globe.

Global Cellular Glass Market Trends:

The increasing demand for environmentally friendly, sustainable insulating materials in industrial insulation systems represents the primary factor driving the market growth. This can be attributed to its low carbon footprint and the rising environmental awareness among the masses. Moreover, cellular glass offers safety, sustainability, durability, and long-term economic benefits for industrial piping and equipment. Consequently, the rising use of cellular glass in above and below-ground steam and chilled water pipes, due to its non-corrosive and water-resistant properties, has catalyzed the market growth. Apart from this, the escalating demand for cellular glass to manufacture insulation panels for green roofs and fireproof building structures owing to its moisture-resistant and non-combustible properties is contributing to the market growth. Furthermore, the increasing use of thermal insulating materials with high load capacities in the construction of buildings has augmented product demand. Besides this, the emerging applications of cellular glass in cold storage and flotation devices, as it offers low, predictable energy costs, have propelled market growth. Other factors, including the implementation of stringent fire codes and standards by governing agencies of numerous countries, surging awareness about energy conservation in buildings, rising population, and increasing construction activities, are also anticipated to create a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 768.8 Million by 2032, growing at a CAGR of 3.5% during 2024-2032.

Market Summary:

On the basis of the product type, the market has been bifurcated into block and shell, and foam glass gravel.
Based on the type, the market has been classified as open and closed glass.
The market has been divided based on the application into construction, industrial, and others.
Region-wise, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and Others), and the Middle East and Africa.
The competitive landscape of the market has also been examined, with some of the key players being Amity Insulation Group Inc., Benarx (Beerenberg Services AS), Jahan Ayegh Pars Company, Langfang Chaochem Thermal Insulation Materials Co. Ltd., Owens Corning, Pinosklo, Polydros Sociedad Anonima (S.A.), REFAGLASS TRADE s.r.o., SZECO Insulation Technology Co., Ltd., Zhejiang Dehe Insulation Technology Co. Ltd., and Zhejiang Zhenshen Insulation Technology Corp. Ltd.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Product Type, Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Amity Insulation Group Inc., Benarx, Jahan Ayegh Pars Co., Langfang Chaochem Thermal Insulation Materials Co. Ltd., Owens Corning, Pinosklo, Polydros Sociedad Anonima (S.A.), REFAGLASS TRADE s.r.o., SZECO Insulation Technology Co., Ltd., Zhejiang Dehe Insulation Technology Co. Ltd and Zhejiang Zhenshen Insulation Technology Corp. Ltd.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Cellular Glass Market to Reach US$ 768.8 Million by 2032, Propelled by Rising Environmental Awareness

Purchase options

Single User License ~~$3899~~ $2999
Five User License ~~$4899~~ $3999
Corporate User License ~~$5899~~ $4999

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.