Report ID: UCMIG15G2019
Report ID:
UCMIG15G2019 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The market size of fire-resistant glass globally is expected to reach USD 5.92 billion by 2028, with a compound annual growth rate (CAGR) of 4.3% during the forecast period. The growth is attributed to the increasing number of fire incidents and the expansion of the construction industry. With the growing concerns over fire hazards, governments across the world are investing in enhancing the fire safety of various buildings, including residential and commercial ones, thereby boosting the demand for fire-resistant glass.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15G2019