Foam Glass Market is predicted to reach USD 3.4 billion at a CAGR of 5.60% during the forecast period:

Pune, India, September 2023, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Foam Glass Market.

MRFR recognizes the following companies as the key players in the global Foam Glass market— Glapor (Germany), MISAPOR (Switzerland), Polydros S.A (Spain), Refaglass (Czech Republic), Owers Coming (US), Zhejiang Dehe Insulation Technology Co., Ltd. (China), Zhejiang Zhenshen Insulation Technology Corp. (China), UUSIOAINES OY (Finland), Earthstone International (US), and Anhui Huichang New Material Co., Ltd. (China).

Foam Glass Market Highlights

The global Foam Glass Market is accounted to register a CAGR of 5.60% during the forecast period and is estimated to reach USD 3.4 billion by 2032.

The foam glass market refers to the industry involved in the production and distribution of cellular glass insulation material. Foam glass is a lightweight, rigid, and durable insulation product used for thermal insulation, moisture resistance, and load-bearing applications in construction and industrial sectors.

Segment Analysis

The global Foam Glass market has been segmented based on Type, End-User, Process and Application.

On the basis of Type, the market is segmented into open-cell and closed-cell. In terms of revenue, the closed cell market segment dominated the global foam glass market in 2022. Closed-cell foam glass is resistant to corrosion, moisture, insects, and high loads as well as fire, high temperatures, and high loads.

Based on End-User, the global Foam Glass market has been segmented into industrial, building & infrastructure. The industrial segment is anticipated to experience significant revenue increase during the forecast period. Foam glass is used in industry to insulate hot tanks, cold tanks, cryogenic tanks, and pipes in chemical processing systems as well as to fireproof petrochemical tanks.

Based on Process, the global Foam Glass market has been segmented into physical and chemical. The market for foam glass was controlled by the physical category. The majority of producers utilise the chemical technique because it offers higher heat insulation and corrosion resistance.

Based on Application, the global Foam Glass market has been segmented into building, industrial installation and chemical system. The market for foam glass was controlled by the physical category. The majority of producers utilise the chemical technique because it offers higher heat insulation and corrosion resistance.

Regional Analysis

The global Foam Glass market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Foam Glass market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Foam Glass market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Foam Glass market comprises of Middle East, Africa, and Latin America.

The Asia-Pacific Foam Glass Market dominated this market in 2022 due to the high adoption rate of form glass and an increase in R&D efforts by energy businesses in the region, accounting for more than one-third of the form glass market.

Due to the growing need for environmentally friendly insulating materials across a variety of end-use industries, including building and construction, industrial, and others, Europe's foam glass market holds the second-largest market share. Additionally, the UK foam glass market grew the fastest in the European region, while the German foam glass market had the biggest market share.

Moreover, From 2023 to 2032, the Asia-Pacific Foam Glass Market is anticipated to experience the quickest CAGR growth. This is a result of foam glass's rising popularity due to its many advantages, including cost, minimal negative effects on the environment, and reusability. In addition, the Indian foam glass market had the quickest rate of growth in the Asia-Pacific region, while China's foam glass market had the greatest market share.

Key Findings of the Study

• The global Foam Glass market is expected to reach USD 3.4 billion by 2032, at a CAGR of 5.60% during the forecast period.


• The Asia-Pacific Foam Glass Market dominated this market in 2022 due to the high adoption rate of form glass and an increase in R&D efforts by energy businesses in the region, accounting for more than one-third of the form glass market.


• Based on Type, In terms of revenue, the closed cell market segment dominated the global foam glass market in 2022.


• Glapor (Germany), MISAPOR (Switzerland), Polydros S.A (Spain), Refaglass (Czech Republic), Owers Coming (US), Zhejiang Dehe Insulation Technology Co., Ltd. (China), Zhejiang Zhenshen Insulation Technology Corp. (China), UUSIOAINES OY (Finland), Earthstone International (US), and Anhui Huichang New Material Co., Ltd. (China).

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