Market size of fire-resistant glass

The global fire-resistant glass market is expected to continue to grow in size in the future. ‌
According to the report on Luyi's market strategy, the global fire-resistant glass market size will continue to grow between 2023 and 2029. Specifically, from 2018 to 2022, the global fire-resistant glass market has grown from RMB 34.204 billion to an estimated RMB 55.394 billion by 2027, with a compound annual growth rate of 8.56% during this period. In addition, the global fireproof window market is steadily expanding, expected to reach 7.03 billion yuan by 2024 and continue to grow at a compound annual growth rate of 4.03% to 8.91 billion yuan between 2024 and 2030.
These data show that the fire-resistant glass market is showing a stable and rapid growth trend worldwide. This growth is mainly due to the increasing attention to building fire safety, as well as the new development opportunities brought by technological progress and innovation to the fire-resistant glass industry. Especially in the areas of new materials, intelligent technology, and sustainable development, innovation is expected to continue driving the industry's sustained growth.
As the second largest market, Europe holds a significant position in the global fire-resistant glass market, with a market share of over 34%. In addition, the growth of the global fire-resistant glass market is also driven by the demand for fire safety in the construction industry. Fireproof glass is mainly used in the construction field to prevent the spread of flames and smoke, as well as to block the transfer of radiation and conductive heat.