MARKET OUTLOOK
This report has ascertained the Europe cellular glass market to proliferate with a CAGR of 5.73% in the forecast period 2021-2028. The United Kingdom, Spain, Italy, Russia, France, Germany, and Rest of Europe together form the market in this region.In 2018, the construction industry in Spain witnessed growth by 7.6%. In that year, the revenue garnered by building construction amounted to $83.7 billion, with the construction of residential & non-residential buildings amounting to $52.12 billion. Thanks to the economic recovery and increased FDI, the construction sector in the country rebounded, showing an approximate value-added growth rate of 3.7% in 2018. In the following year, the value-added growth for the sector was 4%, primarily fueled by commercial and residential construction.
Further, increased investments by the government for infrastructure development are expected to boost the construction industry’s growth further. Also, in 2020, the government announced its decision to invest nearly $2.255 billion to facilitate the expansion of Madrid’s Barajas Airport and ease mobility. As part of its future goals, Spain plans to implement such measures to comply with the “Sustainable Development Goals” set for 2030. This will require the development of the infrastructure, and an estimated investment amounting to $116.84 billion. The growth of the Spanish construction industry will enhance the demand for cellular glass. This, in turn, will boost the growth of the cellular glass market in the country in the years to come.
COMPETITIVE OUTLOOK
The companies competing in the cellular glass market are German Geo Construction GmbH, Polydros Sociedad Anonima (SA), Glapor Werk Mitterteich GmbH, Benarx, Zhejiang Zhenshen Insulation Technology Corp Ltd, SZECO Insulation Technology Co Ltd, and Pinosklo.Table of Contents
1. Europe Cellular Glass Market – Summary
2. Industry Outlook
3. Europe Cellular Glass Market – by Product Type
4. Europe Cellular Glass Market – by Type
5. Europe Cellular Glass Market – by Application
6. Europe Cellular Glass Market – Regional Outlook
7. Competitive Landscape
8. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amity Insulation Group Inc
- Benarx
- Jahan Ayegh Pars Co
- Langfang Chaochen Thermal Insulation Materials Co Ltd
- Owens Corning
- Pinosklo
- Polydros Sociedad Anonima (Sa)
- Szeco Insulation Technology Co Ltd
- Zhejiang Dehe Insulation Technology Co Ltd
- Zhejiang Zhenshen Insulation Technology Corp Ltd
- Aeroaggregates of North America LLC
- German Geo Construction GmbH
- Glapor Werk Mitterteich GmbH
Methodology
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