Market Overview:
The global gray foam glass market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for gray foam glass in cryogenic systems, heat transfer fluid systems, chemical processing systems, commercial piping and building applications, and others.
Product Definition:
Gray Foam Glass is a type of insulation material made from recycled glass. It has a gray color and is used to insulate buildings and homes.
Closed Cell:
Closed cell is a type of insulation that is made up of two or more glass layers, with the spaces between the glass filled with a closed-cell foam. The cells may be small (smaller than 1 square inch) or large (largest size varies based on product), but they have one common feature - there are no interconnecting pathways for heat to move out from the cell.
Open Cell:
The open cell structure of foam is a characteristic that allows it to be easily filled with air and hence used in the manufacturing of lightweighted glass products. Gray foam glass market is majorly driven by its use in windshields,or windows for automobiles. It also finds application as insulation material for cold chain solutions such as freezers and refrigerators which are expected to drive the growth over the forecast period.
Application Insights:
The global gray foam glass market has been segmented on the basis of application into cryogenic systems, heat transfer fluid systems, chemical processing systems, commercial piping and building and others. The heat transfer fluid system segment dominated the overall industry in terms of revenue share in 2017. This is attributed to a high demand for HVAC equipment across various end-use industries such as automotive and aerospace. Moreover, increasing R&D investments by major players for developing new products with enhanced thermal efficiency is expected to drive the growth over the forecast period.
Cryogenic tanks are widely used in several industries including oil & gas for storing natural gas liquids such as propane or butane among others along with liquefied natural gases (LNG).
Regional Analysis:
North America accounted for the largest market share of over 35% in terms of revenue in 2017. The region is expected to maintain its dominance throughout the forecast period owing to high demand from industries, such as aerospace and defense, automotive and transportation, building and construction, electronics manufacturing sector. In addition, growing popularity of recreational vehicles (RVs) is anticipated to drive product demand further.
The U.S., being a leading country in various industrial sectors including aerospace & defense; healthcare; information technology; consumer goods production; has led North America foam glass market growth over the past few years with a significant contribution from Mexico as well due to presence of raw material suppliers within its borders coupled with low labor cost advantage compared to China or India etcetera).
Asia Pacific is projected be one of the fastest-growing regions during the forecast period owing to increasing investments by foreign players along with government support for promoting manufacturing industry within developing countries like China and India are some prime factors driving regional growth.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing awareness about the benefits of using Gray Foam Glass among consumers
- Rising disposable income of consumers in developing countries
- Technological advancements that have led to the development of new applications for Gray Foam Glass
- Stringent government regulations on energy consumption and environmental protection
Scope Of The Report
Report Attributes
Report Details
Report Title
Gray Foam Glass Market Research Report
By Type
Closed Cell, Open Cell
By Application
Cryogenic Systems, Heat Transfer Fluid Systems, Chemical Processing Systems, Commercial Piping and Building, Others
By Companies
Corning, GLAPOR, Earthstone, REFAGLASS, Zhejiang DEHO, Huichang New Material, YaHong, ZhenShen, Zhong Tai Tian Cheng, ShouBang, YongLi, Hebei Thermal Insulation, Hebei Baimei New Materials, Zhenghao Thermal Insulation Materials, Jiangsu Zhenghe
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Gray Foam Glass Market Report Segments:
The global Gray Foam Glass market is segmented on the basis of:
Types
Closed Cell, Open Cell
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cryogenic Systems, Heat Transfer Fluid Systems, Chemical Processing Systems, Commercial Piping and Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corning
- GLAPOR
- Earthstone
- REFAGLASS
- Zhejiang DEHO
- Huichang New Material
- YaHong
- ZhenShen
- Zhong Tai Tian Cheng
- ShouBang
- YongLi
- Hebei Thermal Insulation
- Hebei Baimei New Materials
- Zhenghao Thermal Insulation Materials
- Jiangsu Zhenghe
Highlights of The Gray Foam Glass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Closed Cell
- Open Cell
- By Application:
- Cryogenic Systems
- Heat Transfer Fluid Systems
- Chemical Processing Systems
- Commercial Piping and Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gray Foam Glass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gray foam glass is a type of insulation that is made from polyurethane. It has a low thermal conductivity and high resistance to water vapor and air infiltration, which makes it an ideal material for use in cold weather applications. Gray foam glass can be used in windows, doors, roofs, and other exterior surfaces.
Some of the major companies in the gray foam glass market are Corning, GLAPOR, Earthstone, REFAGLASS, Zhejiang DEHO, Huichang New Material, YaHong, ZhenShen, Zhong Tai Tian Cheng, ShouBang, YongLi, Hebei Thermal Insulation, Hebei Baimei New Materials, Zhenghao Thermal Insulation Materials, Jiangsu Zhenghe.
The gray foam glass market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gray Foam Glass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gray Foam Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gray Foam Glass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gray Foam Glass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gray Foam Glass Market Size & Forecast, 2020-2028
4.5.1 Gray Foam Glass Market Size and Y-o-Y Growth
4.5.2 Gray Foam Glass Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Closed Cell
5.2.2 Open Cell
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cryogenic Systems
6.2.2 Heat Transfer Fluid Systems
6.2.3 Chemical Processing Systems
6.2.4 Commercial Piping and Building
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gray Foam Glass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gray Foam Glass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Closed Cell
9.6.2 Open Cell
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cryogenic Systems
9.10.2 Heat Transfer Fluid Systems
9.10.3 Chemical Processing Systems
9.10.4 Commercial Piping and Building
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Closed Cell
10.6.2 Open Cell
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cryogenic Systems
10.10.2 Heat Transfer Fluid Systems
10.10.3 Chemical Processing Systems
10.10.4 Commercial Piping and Building
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Closed Cell
11.6.2 Open Cell
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cryogenic Systems
11.10.2 Heat Transfer Fluid Systems
11.10.3 Chemical Processing Systems
11.10.4 Commercial Piping and Building
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Closed Cell
12.6.2 Open Cell
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cryogenic Systems
12.10.2 Heat Transfer Fluid Systems
12.10.3 Chemical Processing Systems
12.10.4 Commercial Piping and Building
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Closed Cell
13.6.2 Open Cell
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cryogenic Systems
13.10.2 Heat Transfer Fluid Systems
13.10.3 Chemical Processing Systems
13.10.4 Commercial Piping and Building
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gray Foam Glass Market: Competitive Dashboard
14.2 Global Gray Foam Glass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corning
14.3.2 GLAPOR
14.3.3 Earthstone
14.3.4 REFAGLASS
14.3.5 Zhejiang DEHO
14.3.6 Huichang New Material
14.3.7 YaHong
14.3.8 ZhenShen
14.3.9 Zhong Tai Tian Cheng
14.3.10 ShouBang
14.3.11 YongLi
14.3.12 Hebei Thermal Insulation
14.3.13 Hebei Baimei New Materials
14.3.14 Zhenghao Thermal Insulation Materials
14.3.15 Jiangsu Zhenghe
