ASIA-PACIFIC CELLULAR GLASS MARKET 2021-2028

Chemicals & Materials | Polymers And Resins

ASIA-PACIFIC CELLULAR GLASS MARKET 2021-2028

Market by Product Type, Type, Application, and Country Outlook | Forecast 2021-2028

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The Asia-Pacific cellular glass market is expected to make progress, with a CAGR of 4.89% in terms of revenue over the estimated period from 2021 to 2028.


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The countries studied in this market include:

•           China

•           India

•           Japan

•           South Korea

•           Australia & New Zealand

•           ASEAN countries

•           Rest of APAC countries

There are several factors that are driving the growth of the cellular glass market in China. The rising urbanization and industrialization have fueled demand for LNG, with the industry accounting for approximately 40% of China’s gas consumption. The increase in the use of gas for generating power has been a significant factor in driving the industry growth. Currently, nearly 70% of China’s electricity is obtained from coal-fired plants. Policymakers are keen on weaning the power industry off the over-dependence on coal, as they are on improving the situation of polluted air in cities. A large part of northern China, which has heavily relied on abundant coal resources for several years, is now switching to gas as an effort to reduce air pollution.

Given the large number of highly energy-intensive industries present in South Korea, the energy intensity of the nation is considered relatively high. The country lacks sufficient natural resources, and has been heavily reliant on fossil fuels for power generation for decades. Therefore, there is a pressing need to adopt safer and cleaner sources of energy. For this, the government is making efforts to move away from using coal and nuclear power as energy sources, and the country is now switching to liquid natural gas (LNG). Korea has therefore begun importing LNG, and its consumption is expected to remain robust over the coming years. Cellular glass is largely used in the LNG industry, and hence, the growth in this industry will enhance the demand for cellular glass in the nation in the coming years.

SZECO Insulation Technology Co Ltd manufactures cellular glass, polyisocyanurate (PIR), and high-density PIR support. The company operates its business via its main segments: Cellular Glass and High-Density Polyurethane or Polyisocyanurate Foam. SZECO has an annual production capacity of 300,000 cubic meters of cellular glass. The China-based company is headquartered in Jiaxing, Zhejiang.

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Table of Content

1. ASIA-PACIFIC CELLULAR GLASS MARKET – SUMMARY         

2. INDUSTRY OUTLOOK  

2.1. KEY INSIGHTS

2.1.1. RISE IN AWARENESS OF SUSTAINABLE DEVELOPMENT

2.2. IMPACT OF COVID-19 ON THE CELLULAR GLASS INDUSTRY  

2.3. PORTERS FIVE FORCES ANALYSIS 

2.3.1. THREAT OF NEW ENTRANTS    

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS      

2.3.5. THREAT OF COMPETITIVE RIVALRY  

2.4. MARKET ATTRACTIVENESS MATRIX

2.5. REGULATORY POLICIES & FRAMEWORK   

2.6. VENDOR SCORECARD 

2.7. KEY MARKET STRATEGIES     

2.7.1. BUSINESS EXPANSIONS & DIVESTITURES  

2.7.2. ACQUISITIONS & MERGERS      

2.7.3. NEW PRODUCT LAUNCHES      

2.8. MARKET DRIVERS         

2.8.1. HIGH USAGE OF CELLULAR GLASS IN CONSTRUCTION 

2.8.2. CELLULAR GLASS EXHIBITS HIGH LOAD-BEARING APPLICATIONS     

2.9. MARKET CHALLENGES

2.9.1. HIGH COST OF CELLULAR GLASS      

2.10. MARKET OPPORTUNITIES     

2.10.1. EXTENSIVE USE OF CELLULAR GLASS IN VARIOUS APPLICATIONS

2.10.2. ENVIRONMENTAL REGULATIONS FOR CELLULAR GLASS       

2.10.3. FIRE PROTECTION CONDITIONS       

3. ASIA-PACIFIC CELLULAR GLASS MARKET – BY PRODUCT TYPE    

3.1. BLOCKS & SHELLS        

3.2. FOAM GLASS GRAVEL  

4. ASIA-PACIFIC CELLULAR GLASS MARKET – BY TYPE 

4.1. OPEN GLASS       

4.2. CLOSED GLASS  

5. ASIA-PACIFIC CELLULAR GLASS MARKET – BY APPLICATION         

5.1. CONSTRUCTION 

5.2. INDUSTRIAL         

5.3. OTHERS     

6. ASIA-PACIFIC CELLULAR GLASS MARKET – REGIONAL OUTLOOK             

6.1. COUNTRY ANALYSIS    

6.1.1. CHINA

6.1.2. JAPAN           

6.1.3. INDIA 

6.1.4. SOUTH KOREA       

6.1.5. ASEAN COUNTRIES         

6.1.6. AUSTRALIA & NEW ZEALAND   

6.1.7. REST OF ASIA-PACIFIC               

7. COMPETITIVE LANDSCAPE 

7.1. AMITY INSULATION GROUP INC        

7.2. BENARX    

7.3. JAHAN AYEGH PARS CO          

7.4. LANGFANG CHAOCHEN THERMAL INSULATION MATERIALS CO LTD

7.5. OWENS CORNING          

7.6. PINOSKLO 

7.7. POLYDROS SOCIEDAD ANONIMA (SA)        

7.8. SZECO INSULATION TECHNOLOGY CO LTD

7.9. ZHEJIANG DEHE INSULATION TECHNOLOGY CO LTD   

7.10. ZHEJIANG ZHENSHEN INSULATION TECHNOLOGY CORP LTD

7.11. AEROAGGREGATES OF NORTH AMERICA LLC  

7.12. GERMAN GEO CONSTRUCTION GMBH     

7.13. GLAPOR WERK MITTERTEICH GMBH        

8. METHODOLOGY & SCOPE    

8.1. RESEARCH SCOPE & DELIVERABLES        

8.2. SOURCES OF DATA       

8.3. RESEARCH METHODOLOGY   

List of Tables

TABLE 1: ASIA-PACIFIC CELLULAR GLASS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS MATRIX

TABLE 3: VENDOR SCORECARD

TABLE 4: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 5: LIST OF ACQUISITIONS & MERGERS

TABLE 6: LIST OF NEW PRODUCT LAUNCHES

TABLE 7: ASIA-PACIFIC CELLULAR GLASS MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC CELLULAR GLASS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC CELLULAR GLASS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC CELLULAR GLASS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: ASIA-PACIFIC CELLULAR GLASS MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)

FIGURE 3: ASIA-PACIFIC CELLULAR GLASS MARKET, BY BLOCKS & SHELLS, 2021-2028 (IN $ MILLION)

FIGURE 4: ASIA-PACIFIC CELLULAR GLASS MARKET, BY FOAM GLASS GRAVEL, 2021-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC CELLULAR GLASS MARKET, BY TYPE, 2020 & 2028 (IN %)

FIGURE 6: ASIA-PACIFIC CELLULAR GLASS MARKET, BY OPEN GLASS, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC CELLULAR GLASS MARKET, BY CLOSED GLASS, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC CELLULAR GLASS MARKET, BY APPLICATION, 2020 & 2028 (IN %)

FIGURE 9: ASIA-PACIFIC CELLULAR GLASS MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC CELLULAR GLASS MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC CELLULAR GLASS MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC CELLULAR GLASS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 13: CHINA CELLULAR GLASS MARKET 2021-2028 (IN $ MILLION)

FIGURE 14: JAPAN CELLULAR GLASS MARKET 2021-2028 (IN $ MILLION)

FIGURE 15: INDIA CELLULAR GLASS MARKET 2021-2028 (IN $ MILLION)

FIGURE 16: SOUTH KOREA CELLULAR GLASS MARKET 2021-2028 (IN $ MILLION)

FIGURE 17: ASEAN COUNTRIES CELLULAR GLASS MARKET 2021-2028 (IN $ MILLION)

FIGURE 18: AUSTRALIA & NEW ZEALAND CELLULAR GLASS MARKET 2021-2028 (IN $ MILLION)

FIGURE 19: REST OF ASIA-PACIFIC CELLULAR GLASS MARKET 2021-2028 (IN $ MILLION)

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