Global Cellular Glass Market is expected to reach $721.38 million by 2027 growing at a CAGR 4.5% during 2018 to 2027.

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Some of the key players in Cellular Glass Market include Aotai, Earthstone, GLAPOR, Huichang New Material, JSC Gomelglass, Pittsburgh Corning, REFAGLASS, ShouBang, Xin Shun Da, YaHong, YongLi, Zhejiang DEHO, Zhengdi, ZhenShen and Zhong Tai Tian Cheng.

Gaithersburg, Maryland, United States – April 24, 2020 /MarketersMedia/

Some of the key factors propelling the market growth are rising demand for high-quality insulation for industrial purposes and security against fire and longer life. However, short of marketing of cellular glass is the restraining factor for the growth of the market.

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Cellular glass is a kind of insulation that is composed of crushed glass and a material such as limestone or carbon. Because glass is a large part of its composition, it possesses some of the same advantages of glass. There are many applications for cellular glass. Cellular glass can be specifically shaped for insulating objects such as pipes or tanks. Cellular glass is used to produce insulation panels for structures. Other applications include cold storage and flotation devices. Cellular glass is not found naturally and must be man-made. To do this, glass is gathered and then broken down into a powder. Limestone or carbon is added to the glass. Once this mixture is created, it is baked at high temperatures. The baked mixture is then heat-treated and shaped.

By application, construction segment is expected to grow at the significant market share during the forecast period due to increasing use of thermal insulation material with high load-bearing capacity in the construction of buildings and other structures will continue driving the market growth.

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On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to increasing use of cellular glass in construction projects in several countries in this region. The trend toward energy efficiency persists and stringent building codes, which increases the use of insulation in this region.

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Product Types Covered:
• White Cellular Glass
• Black (Gray) Cellular Glass
• Multicolor Cellular Glass
• Blocks & Shells
• Foam Glass Gravels

Applications Covered:
• Heating Ventilation and Air-Conditioning
• Construction
• Chemical Processing Systems
• Cryogenic Systems
• Heat Transfer Fluid Systems
• Industrial
• Oil & Gas Industry
• Refrigeration

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-cellular-glass-market-is-expected-to-reach-72138-million-by-2027-growing-at-a-cagr-45-during-2018-to-2027/88955055

Source: MarketersMedia

Release ID: 88955055

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