The realistic Foam Glass  market survey report contains thorough description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis and porter's five force analysis. The market is considerably transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of Chemical and Materials industry. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work painstakingly to create Foam Glass  market research document.

Data Bridge Market Research analyses that the foam glass market was valued at USD 1382.00 million in 2021 and is expected to reach USD 2133.84 million by 2029, registering a CAGR of 5.58 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.    

Browse Full Report Along With Facts and Figures @ t https://www.databridgemarketresearch.com/reports/global-foam-glass-market  

 Market Overview:

Foam glass is a type of glass which is porous glass foam material. The advantages of foam glasses as a building material include its thermal and acoustic insulating, light weight and high strength properties. It is made by heating a mixture of granulated or crushed and a blowing agent such as limestone or carbon. Near the melting point of the glass, the blowing agent releases a gas which is producing a foaming effect in the glass. After cooling, the mixture becomes hard and convert into a rigid material with gas-filled closed-cell pores which is comprising a large portion of its volume.

COVID-19 Impact on Foam Glass Market

The outbreak of Covid-19 was started in Wuhan city after that it spread across the globe. Now it has become a global pandemic. Due to this pandemic, governments have imposed global lockdown and social distancing guidelines. The lockdown affects the industries because production works are at a halt. Lack of production has affected the supply and demand and supply chain of the products. The construction industries are the main consumer of foam glasses, and due to this lockdown, the construction works are on a pause, decreasing the demand for foam glass. Further, the restriction in export and import has led to a gap between the demand and supply of foam glass. The major foam glass market players are trying their best to upsurge the market's demand in this epidemic. The market is anticipated to see high demand after the Post-Covid condition.

 

Recent Development

·       In June 2019, UUSIOAINES strategically acquired Hasopor AB, a Switzerland-based foam glass manufacturer.

 Some of the major players operating in the foam glass market are:

 

  • ·       Owens Corning (U.S.)
  • ·       Zhejiang Dehe Insulation Technology Co., Ltd. (China)
  • ·       ZHEJIANG ZHENSHEN INSULATION TECHNOLOGY CORP.LTD. (China)
  • ·       UUSIOAINES OY (Finland)
  • ·       Glapor (Germany)
  • ·       Misapor AG (Switzerland)
  •  

 

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