Foam Glass Market is expected to reach USD 2.53 Billion in 2028
The global foam glass market size is expected to reach USD 2.53 Billion in 2028 and register a revenue CAGR of 5.1% during the forecast period. Increasing construction activities across the globe, expansion of the chemical and gas industries, rising investments in effective materials to improve quality, and replacement of heavyweight materials with lightweight materials are factors expected to drive market revenue growth during the forecast period. Foam glass is a stiff and lightweight material that provides long-lasting insulation. Foam glass is made up of sealed glass cells. It is incombustible, strong, and provides long-term thermal insulation. It is available in various shapes and sizes to meet different types of insulation requirements in construction projects. Foam glass can be made from recycled glass and in recent years, producers have begun to use around 98% recycled glass in the production of foam glass. Foam glass does not emit hazardous gas during the m...