Table of Content

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 REGIONS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 15
1.5 UNIT CONSIDERED 15
1.6 LIMITATIONS 15
1.7 STAKEHOLDERS 15

2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 18
2.1.2.3 Breakdown of primary interviews 19
2.1.3 BOTTOM-UP APPROACH 19
2.1.4 TOP-DOWN APPROACH 20
2.2 DATA TRIANGULATION 21
2.3 RESEARCH ASSUMPTIONS 22

3 EXECUTIVE SUMMARY 23

4 PREMIUM INSIGHTS 26
4.1 ATTRACTIVE OPPORTUNITIES IN THE FOAM GLASS MARKET 26
4.2 EUROPE: FOAM GLASS MARKET, BY APPLICATION 26
4.3 FOAM GLASS MARKET: MAJOR COUNTRIES 27

5 MARKET OVERVIEW 28
5.1 INTRODUCTION 28
5.2 MARKET DYNAMICS 28
5.2.1 DRIVERS 29
5.2.1.1 Highest form of insulation for industrial purposes 29
5.2.1.2 Protection against fire and longer life span 29
5.2.2 RESTRAINTS 29
5.2.2.1 Fragility and susceptibility to vibration-induced damage 29
5.2.3 OPPORTUNITIES 29
5.2.3.1 Environmental regulations driving the growth of the market 29
5.2.3.2 New application areas providing growth opportunities 29
5.2.4 CHALLENGES 30
5.2.4.1 High cost of foam glass 30
5.2.4.2 Lack of awareness 30
5.3 PORTER’S FIVE FORCES ANALYSIS 31
5.3.1 THREAT OF NEW ENTRANTS 31
5.3.2 THREAT OF SUBSTITUTES 32
5.3.3 BARGAINING POWER OF SUPPLIERS 32
5.3.4 BARGAINING POWER OF BUYERS 32
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 32

6 FOAM GLASS MARKET, BY TYPE 33
6.1 INTRODUCTION 34
6.2 OPEN CELL 34
6.2.1 USE OF FOAM GLASS IN DYNAMIC INSULATION APPLICATIONS IS
DRIVING THE CONSUMPTION OF THE OPEN CELL TYPE 34
6.3 CLOSED CELL 35
6.3.1 HIGH R-VALUE OF CLOSED CELL FOAM GLASS MAKES IT THE
DOMINANT INSULATION TYPE 35

7 FOAM GLASS MARKET, BY PROCESS 36
7.1 INTRODUCTION 37
7.2 PHYSICAL PROCESS 37
7.2.1 LIMITED AVAILABILITY OF CRTS IS AFFECTING THE GROWTH OF THE SEGMENT 37
7.3 CHEMICAL PROCESS 38
7.3.1 CHEMICAL FOAMING IS THE DOMINANT PROCESS 38

8 FOAM GLASS MARKET, BY APPLICATION 39
8.1 INTRODUCTION 40
8.2 BUILDING AND INDUSTRIAL INSULATION 41
8.2.1 EXCELLENT INSULATION PROPERTIES MAKE FOAM GLASS AN IDEAL INSULATION MATERIAL IN BUILDING AND INDUSTRIAL APPLICATION 41
8.3 CHEMICAL PROCESSING SYSTEM 41
8.3.1 GOOD CHEMICAL RESISTANCE MAKES FOAM GLASS A PREFERRED INSULATION MATERIAL IN THE SEGMENT 41
8.4 CONSUMER ABRASIVES 42
8.4.1 NON-TOXIC FOAM GLASS FINDS USE AS ABRASIVES 42
8.5 OTHERS 42
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9 FOAM GLASS MARKET, BY END-USE INDUSTRY 43
9.1 INTRODUCTION 44
9.2 BUILDING & CONSTRUCTION 45
9.2.1 RESIDENTIAL AND COMMERCIAL CONSTRUCTION 45
9.2.1.1 Excellent insulation properties make foam glass a suitable material for residential and commercial construction 45
9.2.2 CIVIL CONSTRUCTION 45
9.2.2.1 Anti-corrosion properties of foam glass is driving the usage
in civil construction 45
9.3 INDUSTRIAL 46
9.3.1 EUROPE TO LEAD THE FOAM GLASS MARKET IN THE INDUSTRIAL SEGMENT 46
9.4 OTHERS 46

10 FOAM GLASS MARKET, BY REGION 47
10.1 INTRODUCTION 48
10.2 NORTH AMERICA 49
10.2.1 US 50
10.2.1.1 Newer applications for foam glass attracting new entrants
in the foam glass market in the US 50
10.2.2 CANADA 52
10.2.2.1 Government initiatives on energy conservation to drive the
demand for foam glass in Canada 52
10.2.3 MEXICO 53
10.2.3.1 Industrial segment to lead the foam glass market in Mexico 53
10.3 APAC 54
10.3.1 CHINA 56
10.3.1.1 Government policy to drive the consumption of foam glass in China 56
10.3.2 JAPAN 57
10.3.2.1 Need for energy efficiency in building and industrial application is driving the demand for foam glass in the country 57
10.3.3 SOUTH KOREA 58
10.3.3.1 Industrial end-use industry segment to lead the foam glass
market in South Korea 58
10.3.4 REST OF APAC 59
10.4 EUROPE 60
10.4.1 GERMANY 62
10.4.1.1 Renovation of existing buildings will drive the market in Germany 62
10.4.2 SWEDEN 63
10.4.2.1 Growing consumption of natural gas will drive the foam
glass market in Sweden 63
10.4.3 ITALY 64
10.4.3.1 Recovery in building & construction industry to drive the
foam glass market in Italy 64
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10.4.4 NORWAY 65
10.4.4.1 Government policies regarding energy-efficient residential buildings to drive the foam glass market during the forecast period 65
10.4.5 REST OF EUROPE 66
10.5 REST OF THE WORLD 67
10.5.1 MIDDLE EAST & AFRICA 68
10.5.1.1 Increasing awareness for glass recycling in the region to drive the foam glass market during the forecast period 68
10.5.2 SOUTH AMERICA 69
10.5.2.1 Need for energy-efficient acoustic insulation will drive the foam glass market in the region 69

11 COMPANY PROFILES 70
(Business Overview, Products Offered, Recent Developments, SWOT Analysis)*
11.1 OWENS CORNING 70
11.2 ZHEJIANG ZHENSHEN INSULATION TECHNOLOGY CORP. LTD. (ZES) 72
11.3 UUSIOAINES OY/LTD. 74
11.4 ZHEJIANG DEHE INSULATION TECHNOLOGY CO., LTD. (DEHE) 75
11.5 GLAPOR 77
11.6 MISAPOR 78
11.7 POLYDROS 79
11.8 EARTHSTONE INTERNATIONAL 80
11.9 REFAGLASS 81
11.10 ANHUI HUICHANG NEW MATERIAL CO., LTD. 82
11.11 OTHER PLAYERS 83
11.11.1 LIAVER 83
11.11.2 NINGBO YOYO FOAM GLASS CO., LTD. 83
11.11.3 STIKLOPORAS 83
11.11.4 AERO AGGREGATES 83
11.11.5 VERISO SCHAUMGLASS 83
11.11.6 ANGLITEMP 84
11.11.7 SPECIALTY PRODUCTS & INSULATION (SPI) 84
11.11.8 PINOSKLO 84
11.11.9 GEOCELL 84
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, might not be captured in case of unlisted companies.

12 APPENDIX 85
12.1 DISCUSSION GUIDE 85
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 87
12.3 RELATED REPORTS 89
12.4 AUTHOR DETAILS 90



List of Figures



FIGURE 1 FOAM GLASS: MARKET SEGMENTATION 14
FIGURE 2 FOAM GLASS MARKET: RESEARCH DESIGN 16
FIGURE 3 FOAM GLASS MARKET: BOTTOM-UP APPROACH 19
FIGURE 4 FOAM GLASS MARKET: TOP-DOWN APPROACH 20
FIGURE 5 BUILDING AND INDUSTRIAL INSULATION ACCOUNTED FOR THE LARGEST
SHARE IN THE FOAM GLASS MARKET IN 2018 24
FIGURE 6 INDUSTRIAL SEGMENT TO BE THE FASTEST-GROWING END-USE INDUSTRY
OF FOAM GLASS BETWEEN 2019 AND 2024 24
FIGURE 7 APAC TO BE THE FASTEST-GROWING MARKET OF FOAM GLASS 25
FIGURE 8 DEMAND IN EUROPE TO DRIVE THE FOAM GLASS MARKET 26
FIGURE 9 FOAM GLASS BY APPLICATION SEGMENT AND SWEDEN ACCOUNTED
FOR THE LARGEST SHARES IN THE MARKET IN EUROPE IN 2018 26
FIGURE 10 CHINA TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 27
FIGURE 11 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE
FOAM GLASS MARKET 28
FIGURE 12 GROWING APPLICATION AREAS OF FOAM GLASS IS ATTRACTING
NEW ENTRANTS IN THE MARKET 31
FIGURE 13 CLOSED CELL FOAM GLASS WAS THE PREFERRED TYPE, BY SHARE, IN 2018 34
FIGURE 14 BUILDING AND INDUSTRIAL INSULATION WAS THE BIGGEST APPLICATION SEGMENT IN 2018 40
FIGURE 15 INDUSTRIAL SEGMENT ACCOUNTED FOR THE HIGHEST SHARE
IN THE FOAM GLASS MARKET IN 2018 44
FIGURE 16 EUROPE TO LEAD THE GLOBAL FOAM GLASS MARKET 48
FIGURE 17 NORTH AMERICA: FOAM GLASS MARKET SNAPSHOT 49
FIGURE 18 APAC: FOAM GLASS MARKET SNAPSHOT 54
FIGURE 19 EUROPE: FOAM GLASS MARKET SNAPSHOT 60
FIGURE 20 OWENS CORNING: COMPANY SNAPSHOT 70
FIGURE 21 OWENS CORNING: SWOT ANALYSIS 71
FIGURE 22 ZES: SWOT ANALYSIS 73
FIGURE 23 UUSIOAINES OY: SWOT ANALYSIS 74
FIGURE 24 DEHE: SWOT ANALYSIS 76

 

List of Tables



TABLE 1 FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 34
TABLE 2 OPEN CELL FOAM GLASS MARKET SIZE, BY REGION, 2017–2024 (KILOTON) 34
TABLE 3 CLOSED CELL FOAM GLASS MARKET SIZE, BY REGION, 2017–2024 (KILOTON) 35
TABLE 4 FOAM GLASS MARKET SIZE, BY PROCESS, 2017–2024 (KILOTON) 37
TABLE 5 FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 40
TABLE 6 FOAM GLASS MARKET SIZE IN BUILDING AND INDUSTRIAL INSULATION BY REGION, 2017–2024 (KILOTON) 41
TABLE 7 FOAM GLASS MARKET SIZE IN CHEMICAL PROCESSING SYSTEMS, BY REGION, 2017–2024 (KILOTON) 42
TABLE 8 FOAM GLASS MARKET SIZE IN CONSUMER ABRASIVES, BY REGION 2017–2024 (KILOTON) 42
TABLE 9 FOAM GLASS MARKET SIZE IN OTHER APPLICATIONS, BY REGION 2017–2024 (KILOTON) 42
TABLE 10 FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (KILOTON) 44
TABLE 11 FOAM GLASS MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION 2017–2024 (KILOTON) 45
TABLE 12 FOAM GLASS MARKET SIZE IN INDUSTRIAL, BY REGION, 2017–2024 (KILOTON) 46
TABLE 13 FOAM GLASS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION 2017–2024 (KILOTON) 46
TABLE 14 FOAM GLASS MARKET SIZE, BY REGION, 2017–2024 (KILOTON) 48
TABLE 15 NORTH AMERICA: FOAM GLASS MARKET SIZE, 2017–2024 (KILOTON) 49
TABLE 16 NORTH AMERICA: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 50
TABLE 17 NORTH AMERICA: FOAM GLASS MARKET SIZE, BY APPLICATION 2017–2024 (KILOTON) 50
TABLE 18 NORTH AMERICA: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 50
TABLE 19 US: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (KILOTON) 51
TABLE 20 US: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 51
TABLE 21 US: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 51
TABLE 22 CANADA: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 52
TABLE 23 CANADA: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 52
TABLE 24 CANADA: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 52
TABLE 25 MEXICO: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 53
TABLE 26 MEXICO: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 53
TABLE 27 MEXICO: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 53
TABLE 28 APAC: FOAM GLASS MARKET SIZE, 2017–2024 (KILOTON) 55
TABLE 29 APAC: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (KILOTON) 55
TABLE 30 APAC: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 55
TABLE 31 APAC: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 55
TABLE 32 CHINA: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 56
?
TABLE 33 CHINA: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 56
TABLE 34 CHINA: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 56
TABLE 35 JAPAN: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 57
TABLE 36 JAPAN: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 57
TABLE 37 JAPAN: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 57
TABLE 38 SOUTH KOREA: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 58
TABLE 39 SOUTH KOREA: FOAM GLASS MARKET SIZE, BY APPLICATION 2017–2024 (KILOTON) 58
TABLE 40 SOUTH KOREA: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 58
TABLE 41 REST OF APAC: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 59
TABLE 42 REST OF APAC: FOAM GLASS MARKET SIZE, BY APPLICATION 2017–2024 (KILOTON) 59
TABLE 43 REST OF APAC: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 59
TABLE 44 EUROPE: FOAM GLASS MARKET SIZE, 2017–2024 (KILOTON) 61
TABLE 45 EUROPE: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 61
TABLE 46 EUROPE: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 61
TABLE 47 EUROPE: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 61
TABLE 48 GERMANY: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 62
TABLE 49 GERMANY: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 62
TABLE 50 GERMANY: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 63
TABLE 51 SWEDEN: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 63
TABLE 52 SWEDEN: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 63
TABLE 53 SWEDEN: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 64
TABLE 54 ITALY: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (KILOTON) 64
TABLE 55 ITALY: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 64
TABLE 56 ITALY: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 65
TABLE 57 NORWAY: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 65
TABLE 58 NORWAY: FOAM GLASS MARKET SIZE, BY APPLICATION, 2017–2024 (KILOTON) 66
TABLE 59 NORWAY: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 66
TABLE 60 REST OF EUROPE: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 66
TABLE 61 REST OF EUROPE: FOAM GLASS MARKET SIZE, BY APPLICATION 2017–2024 (KILOTON) 66
TABLE 62 REST OF EUROPE: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 67
TABLE 63 REST OF THE WORLD: FOAM GLASS MARKET SIZE, BY REGION 2017–2024 (KILOTON) 67
TABLE 64 REST OF THE WORLD: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 67
TABLE 65 REST OF THE WORLD: FOAM GLASS MARKET SIZE, BY APPLICATION 2017–2024 (KILOTON) 67
TABLE 66 REST OF THE WORLD: FOAM GLASS MARKET SIZE, BY TYPE 2017–2024 (KILOTON) 68
TABLE 67 MIDDLE EAST & AFRICA: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (KILOTON) 68
TABLE 68 MIDDLE EAST & AFRICA: FOAM GLASS MARKET SIZE, BY APPLICATION 2017–2024 (KILOTON) 68
TABLE 69 MIDDLE EAST & AFRICA: FOAM GLASS MARKET SIZE, BY TYPE 2017–2024 (KILOTON) 69
TABLE 70 SOUTH AMERICA: FOAM GLASS MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (KILOTON) 69
TABLE 71 SOUTH AMERICA: FOAM GLASS MARKET SIZE, BY APPLICATION 2017–2024 (KILOTON) 69
TABLE 72 SOUTH AMERICA: FOAM GLASS MARKET SIZE, BY TYPE, 2017–2024 (KILOTON) 69