Foam glass, also known as porous glass, is a kind
of thermal insulation glass with more than 90% porosity. The pore structure of
this material endows it with the physical properties of borosilicate, making it
excellent in insulation, heat preservation, cold preservation, sound
absorption, and other aspects.
The world's major producers of foam glass include
China, the US, Russia, France, Germany, Japan, Belarus and Ukraine. Among them,
China plays an important role in the global foam glass market.
Introduction to Subdivision Types
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Classified
by raw materials
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Sodium calcium silicate foam glass
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Molten waste foam glass
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Borosilicate foam glass
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Classified
by purpose
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Thermal insulation foam glass
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Sound-absorbing foam glass
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Shielding foam glass
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Clean foam glass
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Overview of Market Development
The growth of the foam glass market is mainly driven by the acceleration of urbanization and the rapid development of the construction industry. In recent years, as people have higher and higher requirements for building environmental protection, energy conservation, comfort, and other aspects, foam glass, as a new type of building material, its market demand is also increasing. Especially in the fields of building thermal insulation, heat insulation, and sound insulation, the market demand for foam glass shows a trend of rapid growth.
According to our research data, the global sales volume of foam glass reached 5688.0k cubic meters in 2023, an increase of 7.13% over 2022; The market revenue was $1352 million, an increase of 5.71% compared to 2022. It is estimated that by 2028, the global sales volume of foam glass is expected to increase to 8151.2k cubic meters.
Market Analysis of Major Regions
From a regional perspective, the global foam glass market is mainly concentrated in North America, Europe, and the Asia Pacific. Among them, Europe is the largest sales market. Data shows that in 2023, the sales volume of foam glass in Europe was 1942.9k cubic meters, accounting for 34.16% of the global total sales volume; The Asia Pacific and North American markets ranked second and third respectively with sales proportions of 28.68% and 26.34%.
Global Foam Glass Sales Volume Forecast and Market Share by Region in 2023
Source: www.globalmarketmonitor.com
Analysis of Market Competition Pattern
From the perspective of market competition patterns, the concentration of the global foam glass market is moderate. Data shows that in 2023, the total revenue of the foam glass market of the industry's top 3 enterprises was $482 million, with a total revenue share of 35.63%. The top 3 enterprises were Pittsburgh Corning, ZhenShen, and GLAPOR. In 2023, the revenue of these three enterprises in the foam glass market accounted for 25.65%, 5.38%, and 4.60% of the global market respectively.
Analysis of Market Development Challenges
Although the foam glass market has huge growth potential, it also faces some challenges. For example, in the production and processing of foam glass, there is environmental pressure of high energy consumption and dust, long production lines, low capacity, and higher price than similar thermal insulation products, which to some extent limits its large-scale application in the construction market.
Chinese