The Asia-Pacific cellular glass market is predicted to develop with a CAGR of 4.23% during the forecast years of 2021 to 2028. The market growth of the region is accredited to key factors such as the increased generation of municipal waste glass and the high-cost as well as time-consuming process of disposal, the rising utilization of cellular glass as polymer foam alternatives, and the increasing rates of construction activities.

ASIA-PACIFIC CELLULAR GLASS MARKET FORECAST 2021-2028

Asia Pacific Cellular Glass Market by Product Type (Blocks & Shells, Foam Glass Gravel) Market by Type (Open Glass, Closed Glass) Market by Application (Construction, Industrial, Others) by Geography.

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The Asia-Pacific cellular glass market growth analysis entails the assessment of South Korea, Indonesia, India, China, Australia & New Zealand, Vietnam, Japan, Thailand, and the rest of the Asia-Pacific. As the largest LNG purchaser globally, Japan imported around 77 million tons in 2019. Japan’s leading LNG sourcing nations include Brunei, Russia, Qatar, Australia, and Malaysia. However, production declined across all energy sectors such as LPG, city gas, electricity, and fuel oils, owing to the economic recession caused by the COVID-19 pandemic. The outbreak created significant reductions in LNG imports, as well.

The energy intensity in Korea is relatively elevated on account of the country’s large proportion of highly energy-intensive sectors. Since Korea lacks adequate energy in terms of natural resources, the nation depends on imported energy commodity sources to fulfill around 95% of its fossil fuel energy demands. As a result, the country retains its status as one of the largest energy importers, like LNG, worldwide. Hence, these factors are set to reinforce the Asia-Pacific cellular glass market growth over the estimated period.

Langfang Chaochen Thermal Insulation Materials Co Ltd, headquartered in China, engages in the manufacture, sale, and research and development of insulation products. Moreover, it is also involved in the production of glass wool, rock wool, calcium silicate, rubber foam, auxiliary material, perlite, ceramic fiber, and others. The company provides cellular glass in two different forms, namely, glass pipe and glass board.

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RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
MARKET DYNAMICS
- KEY DRIVERS
  - HIGH PREFERENCE FOR CELLULAR GLASS IN CONSTRUCTION AND BUILDING
  - GROWING DEMAND FOR CELLULAR GLASS FOR LOAD-BEARING APPLICATIONS
- KEY RESTRAINTS
  - HIGH COST OF CELLULAR GLASS AND INDUCED DAMAGE SUSCEPTIBILITY DUE TO VIBRATIONS

KEY ANALYTICS
- IMPACT OF COVID-19 ON CELLULAR GLASS MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
  - BUYERS POWER
  - SUPPLIERS POWER
  - SUBSTITUTION
  - NEW ENTRANTS
  - INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- REGULATORY FRAMEWORK
MARKET BY PRODUCT TYPE
- BLOCKS & SHELLS
- FOAM GLASS GRAVEL
MARKET BY TYPE
- OPEN GLASS
- CLOSED GLASS
MARKET BY APPLICATION
- CONSTRUCTION
- INDUSTRIAL
- OTHERS
GEOGRAPHICAL ANALYSIS
- ASIA-PACIFIC
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - CHINA
    - JAPAN
    - INDIA
    - SOUTH KOREA
    - INDONESIA
    - THAILAND
    - VIETNAM
    - AUSTRALIA & NEW ZEALAND
    - REST OF ASIA-PACIFIC

COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
  - MERGERS & ACQUISITIONS
  - PRODUCT LAUNCHES & DEVELOPMENTS
  - BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
  - AEROAGGREGATES OF NORTH AMERICA LLC
  - AMITY INSULATION GROUP INC
  - BENARX
  - GERMAN GEO CONSTRUCTION GMBH
  - GLAPOR WERK MITTERTEICH GMBH
  - 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

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – CELLULAR GLASS

TABLE 2: ASIA-PACIFIC CELLULAR GLASS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: ASIA-PACIFIC CELLULAR GLASS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: ASIA-PACIFIC CELLULAR GLASS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC CELLULAR GLASS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC CELLULAR GLASS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: ASIA-PACIFIC CELLULAR GLASS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC CELLULAR GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

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

TABLE 10: LIST OF MERGERS & ACQUISITIONS

TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: ASIA-PACIFIC CELLULAR GLASS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020

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

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

FIGURE 8: ASIA-PACIFIC CELLULAR GLASS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

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

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

FIGURE 11: ASIA-PACIFIC CELLULAR GLASS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 12: ASIA-PACIFIC CELLULAR GLASS MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC CELLULAR GLASS MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC CELLULAR GLASS MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC CELLULAR GLASS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 16: CHINA CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 17: JAPAN CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 18: INDIA CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 19: SOUTH KOREA CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 20: INDONESIA CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: INDONESIA LNG PLANTS FEED GAS SUPPLY

FIGURE 22: THAILAND CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 23: VIETNAM CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 24: AUSTRALIA & NEW ZEALAND CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: REST OF ASIA-PACIFIC CELLULAR GLASS MARKET, 2021-2028 (IN $ MILLION)

Segmentation

GEOGRAPHICAL ANALYSIS
- ASIA-PACIFIC
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - CHINA
    - JAPAN
    - INDIA
    - SOUTH KOREA
    - INDONESIA
    - THAILAND
    - VIETNAM
    - AUSTRALIA & NEW ZEALAND
    - REST OF ASIA-PACIFIC

MARKET BY PRODUCT TYPE
- BLOCKS & SHELLS
- FOAM GLASS GRAVEL
MARKET BY TYPE
- OPEN GLASS
- CLOSED GLASS
MARKET BY APPLICATION
- CONSTRUCTION
- INDUSTRIAL
- OTHERS

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