Foam Glass

Global Foam Glass Market to Reach 2.3 Million Tons by 2030

The global market for Foam Glass estimated at 1.8 Million Tons in the year 2024, is expected to reach 2.3 Million Tons by 2030, growing at a CAGR of 4.0% over the analysis period 2024-2030. Closed Cell, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach 1.3 Million Tons by the end of the analysis period. Growth in the Open Cell segment is estimated at 3.1% CAGR over the analysis period.

The U.S. Market is Estimated at 488.5 Thousand Tons While China is Forecast to Grow at 7.5% CAGR

The Foam Glass market in the U.S. is estimated at 488.5 Thousand Tons in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of 465.2 Thousand Tons by the year 2030 trailing a CAGR of 7.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.6% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Global Foam Glass Market - Key Trends & Drivers Summarized

Why Is Foam Glass Gaining Popularity in Construction and Industrial Applications?

Foam glass is becoming increasingly popular in construction and industrial applications due to its unique combination of thermal insulation, lightweight structure, and resistance to moisture, chemicals, and fire. Foam glass is made from recycled glass that is heated and foamed to produce a porous, cellular material that is ideal for insulation and other purposes. In construction, foam glass is commonly used as an insulating material for building envelopes, foundations, and roofs, providing excellent thermal insulation while being impervious to water and resistant to rot, mold, and vermin. It is particularly valuable in projects where moisture control and energy efficiency are critical. The industrial sector also benefits from foam glass, especially in applications requiring high thermal resistance and durability, such as petrochemical plants, cryogenic systems, and piping insulation. Its non-combustible nature makes it ideal for fire protection in industrial facilities, while its chemical resistance makes it suitable for environments where exposure to aggressive chemicals is common. Additionally, foam glass is an environmentally friendly material, as it is made from recycled glass and can be fully recycled at the end of its life cycle, aligning with the growing focus on sustainable building practices. This combination of properties makes foam glass an increasingly attractive option for both construction and industrial applications.

What Technological Advancements Are Driving the Foam Glass Market?

Technological advancements in the production and application of foam glass are enhancing its performance and expanding its range of uses. One key innovation is the development of advanced manufacturing processes that allow for greater control over the porosity, density, and thermal conductivity of foam glass, enabling manufacturers to tailor the material to specific applications. For instance, high-density foam glass with low porosity is ideal for heavy load-bearing applications, while low-density foam glass with high porosity is preferred for lightweight thermal insulation. These advancements are improving the versatility of foam glass, making it suitable for a wider array of construction and industrial projects. Another important advancement is the development of foam glass products with enhanced mechanical properties, such as increased compressive strength and impact resistance. These improvements are making foam glass more competitive with other traditional building materials, such as mineral wool and polystyrene, while maintaining its inherent advantages like non-combustibility and chemical resistance. Additionally, research into more sustainable production methods is leading to the creation of foam glass products that are even more environmentally friendly, such as those made using renewable energy or reducing the carbon footprint of the manufacturing process. These technological advancements are helping to boost the appeal of foam glass in both traditional and emerging markets.

Why Is Sustainability a Key Factor Driving the Demand for Foam Glass?

Sustainability is a major factor driving the demand for foam glass, particularly in the construction industry, where energy efficiency and environmentally friendly materials are becoming increasingly important. Foam glass is made from recycled glass, which helps reduce the demand for raw materials and lowers the environmental impact of production. Additionally, its long lifespan and recyclability at the end of its use make it a circular building material that contributes to reducing construction waste. With increasing pressure from governments and consumers to adopt sustainable building practices, foam glass is gaining traction as a green alternative to traditional insulation materials.

Moreover, the superior thermal insulation properties of foam glass contribute to improving the energy efficiency of buildings, reducing heating and cooling demands and lowering carbon emissions. In industrial applications, foam glass is used to insulate cryogenic and high-temperature systems, minimizing energy losses and improving overall process efficiency. Its non-toxic and chemically inert properties make it a safer choice for both the environment and human health. As regulations around energy efficiency and sustainable construction materials tighten globally, foam glass is becoming a preferred material for environmentally conscious building and industrial projects.

What Are the Key Growth Drivers for the Foam Glass Market?

The growth of the foam glass market is driven by several factors, including the increasing focus on energy-efficient construction, the rising demand for sustainable building materials, and the expansion of industrial applications that require high-performance insulation. In the construction industry, foam glass is being increasingly adopted in both residential and commercial projects as governments and consumers prioritize energy efficiency and environmental sustainability. Its excellent thermal insulation properties and recyclability make it an attractive choice for green building initiatives and energy-efficient building standards like LEED (Leadership in Energy and Environmental Design). The industrial sector is another major growth driver, as foam glass is widely used for insulating piping, tanks, and equipment in industries such as petrochemicals, oil and gas, and cryogenics, where thermal stability and resistance to harsh conditions are essential. Additionally, the non-combustible and fire-resistant nature of foam glass is driving its use in industrial facilities requiring high levels of fire protection. The increasing adoption of foam glass in industrial settings, combined with its growing popularity as a sustainable construction material, is expected to fuel steady market growth in the coming years.

SCOPE OF STUDY:

The report analyzes the Foam Glass market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Closed Cell, Open Cell); Application (Building & Construction, Industrial, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• AeroAggregates
• Anhui Huichang New Material Co., Ltd.
• Beijing ShouBang New Materials Co., Ltd.
• Earthstone international
• Geocell
• Glapor
• MISAPOR
• Ningbo Yoyo Foam Glass Co., Ltd
• Owens Corning
• Pinosklo
• Polydros S.A.
• Refaglass
• UUSIOAINES OY
• Zhejiang Dehe Insulation Technology Co., Ltd.
• Zhejiang Zhenshen Insulation Technology Corp.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs CBob geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.