Foam glass market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period (2024-2031). The foam glass has the properties of low thermal conductivity, high compression strength, high frost resistance, and better durability. This material can be used to build walls, regulate heat in refrigerating equipment, or used as floating and filtering material.
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As foam glass is lightweight, building costs can be significantly reduced. It eases the load on building structures, possibly enabling lighter foundations and thinner support beams. Furthermore, the labor expenditures related to installation are decreased by its effortless handling and cutting. Foam glass is lighter than heavier insulation materials, therefore it requires less energy to transport. During the construction process, this results in lower transportation costs and a smaller environmental impact. Foam glass is lightweight and ideal for inverted roofs and existing building insulation. Its exceptional durability, resistance to moisture, extreme temperatures, and mechanical wear, ensures long-lasting performance and lower maintenance costs over a building’s lifespan.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Foam Glass Market by Type
- Open Cell Foam Glass
- Closed-Cell Foam Glass
- Mixed Cell Foam Glass
Global Foam Glass Market by Application
- Building and Construction
- Industrial
- Chemical
- Marine
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Foamit
- JahanAyegh Pars Company
- Kanthal (Alleima AB)
- LangfangChaochen Thermal Insulation Materials Co., Ltd
- Lincolnshire Lime
- Mike Wye Ltd.
- MISAPOR Management AG
- PINOSKLO cellular glass
- Polydros, S.A.
- Refaglass
- Shanghai Metal Corp.
- SchlüsselbauerGeomaterials GmbH
- Ty-Mawr Lime Ltd.
- UusioainesOy
- Zhejiang Zhenshen Insulation Technology Corp. Ltd.
The Report Covers
- Market value data analysis of 2023and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global foam glass market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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