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The fire-resistant glass market size is forecast to increase by USD 3.71 billion at a CAGR of 11.23% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand in building and construction applications, particularly in the development of commercial infrastructure and the creation of smart cities. This trend is driven by the need for enhanced safety measures in response to the rising number of fire accidents. In addition, the market is witnessing increased interest in marine applications due to the stringent safety regulations in this sector. The automotive aftermarket is another potential application area for fire-resistant glass. Moreover, profit-margin segments are seeking fire-resistant glass solutions as they offer superior protection against the effects of fire, including oxygen depletion, combustion, heat, and reactant gases. Pyroguard, a leading player in the market, is capitalizing on this trend by providing innovative and high-performance fire-resistant glass solutions. However, the market faces challenges such as high competition among companies, which is leading to price wars and thinning profit margins. Raw material prices and logistics costs can significantly impact the market's growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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