Foam Glass Market

Foam Glass Market

Foam Glass Market

Foam Glass Market size was estimated at USD 2.39 billion in 2023 and is projected to grow at a CAGR of 5.3%

Pages: 250

Format: PDF

Date: 01-2025

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Foam Glass Market – Detailed Analysis

Market Overview

The Foam Glass Market has witnessed notable growth in recent years, driven by rising demand for energy-efficient, sustainable, and long-lasting construction materials. Foam glass is increasingly used across building construction, industrial insulation, and cold-chain infrastructure due to its superior thermal insulation, fire resistance, acoustic performance, and chemical stability. As global trends move toward green building standards and circular economy principles, foam glass is emerging as a preferred eco-friendly alternative to traditional insulation materials.

What Is Foam Glass?

Foam glass is a lightweight, porous, and highly durable insulation material manufactured primarily from recycled glass, making it one of the most environmentally friendly insulating products available.

Manufacturing Process

Foam glass is produced by:

  1. Finely grinding recycled glass into powder
  2. Mixing the powder with a foaming agent (e.g., carbon or limestone)
  3. Heating the mixture at high temperatures

During heating, the foaming agent releases gas, forming a uniform network of sealed, gas-filled cells within the molten glass. Upon cooling, this structure solidifies into a rigid, foam-like material.

Key Characteristics of Foam Glass

1. Excellent Thermal Insulation

The sealed-cell structure minimizes heat transfer, making foam glass ideal for:

  • Building insulation
  • Industrial pipelines
  • Refrigeration & cold storage

2. Superior Fire Resistance

Foam glass is non-combustible, does not emit toxic fumes, and maintains structural integrity under high heat.

3. High Chemical Resistance

It is resistant to:

  • Acids
  • Corrosion
  • Moisture and mold

This makes it suitable for industrial and chemical processing applications.

4. Lightweight yet Durable

Despite its low density, foam glass provides excellent mechanical strength and long service life.

5. Sustainability

  • Made almost entirely from recycled glass
  • Fully recyclable
  • Low environmental footprint compared to traditional insulation materials

Foam Glass Market size was estimated at USD 2.39 billion in 2023 and is projected to grow at a CAGR of 5.3%

Report Attributes Details
Study Period 2023 to 2033
Base Year 2023
FORECAST PERIOD 2024-2030
HISTORICAL PERIOD 2020-2023
UNIT Value (USD Billion)
KEY COMPANIES PROFILED AeroAggregates of North America, LLC
Dehe Technology Group Co., LTD
GLAPOR
Jahan Ayegh Pars Company
Mike Wye Ltd
Owens Corning
PINOSKLO cellular glass
Shanghai Metal Corporation
Uusioaines Oy
REFAGLASS
Others

SEGMENTS COVERED By Type, By Application, By End User and By Geography
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Key Properties of Foam Glass

Foam glass possesses a unique combination of physical, chemical, and environmental advantages, making it a highly reliable insulating material across numerous industrial and construction applications.

1. Excellent Thermal Insulation

The material’s closed-cell structure offers superior thermal resistance, ensuring minimal heat transfer. This makes foam glass highly effective for building insulation and high-performance industrial systems.

2. Non-Combustible

Foam glass is inherently fireproof. It does not burn, melt, or release toxic fumes when exposed to high temperatures, making it ideal for fire-sensitive environments.

3. Outstanding Chemical Resistance

It is resistant to a wide range of chemicals—including acids, alkalis, and solvents—allowing it to withstand harsh industrial settings.

4. Waterproof and Moisture-Resistant

Its closed-cell microstructure prevents water absorption, ensuring long-term protection against moisture, mold, and corrosion.

5. Lightweight yet Highly Durable

Despite its low density, foam glass offers excellent mechanical strength, long service life, and dimensional stability, even under varying temperature conditions.

6. Environmentally Friendly

Manufactured primarily from recycled glass, foam glass supports sustainability goals by reducing landfill waste and lowering environmental impact.

Applications of Foam Glass

Foam glass is used across diverse industries due to its durability, insulation properties, and environmental advantages.

1. Construction & Building Insulation

Used in:

  • Walls, roofs, and floors
  • Foundations and basements
  • Green buildings and energy-efficient structures

Its moisture resistance and fire safety benefits make it suitable for both residential and commercial projects.

2. Industrial Insulation

Essential for insulating:

  • Petrochemical facilities
  • Chemical processing plants
  • High-temperature equipment and piping

Its chemical resistance and durability make it ideal for harsh industrial environments.

3. Cryogenic Applications

Foam glass performs exceptionally well in extreme low-temperature conditions, making it a preferred material for:

  • LNG storage tanks
  • Cryogenic pipelines
  • Liquid nitrogen and helium facilities

4. Cold Storage & Refrigeration

Widely used in:

  • Refrigerated warehouses
  • Cold rooms
  • Food storage facilities
    thanks to its superior thermal stability and moisture resistance.

5. Geotechnical & Landscaping Uses

Foam glass aggregate is used as:

  • Lightweight backfill material
  • Drainage layers
  • Load-reducing fill for road and bridge construction

Its low density helps reduce structural load and improve ground stability.

Foam glass stands out for its thermal efficiency, fire safety, chemical resistance, and environmental sustainability, making it a high-value insulation material for modern construction and advanced industrial applications.

Market Drivers:

Sustainability Trends: The growing emphasis on sustainable construction materials has fuelled the adoption of foam glass. As it is primarily made from recycled glass, it supports the circular economy and reduces waste.

Energy Efficiency Requirements: Stricter building codes and energy efficiency regulations are pushing the demand for high-performance insulating materials like foam glass.

Industrial Applications: Foam glass is widely used in industries such as petrochemicals and cryogenics, where thermal insulation is critical.

Fire Resistance and Durability: The non-combustible and chemically inert nature of foam glass makes it an attractive choice for applications requiring high safety standards.

Market Challenges:

High Production Costs: The manufacturing process of foam glass can be energy-intensive, leading to higher production costs compared to traditional insulation materials.

Competition from Alternatives: The market faces competition from other insulating materials such as mineral wool, expanded polystyrene, and polyurethane foam.

Limited Awareness: Despite its benefits, foam glass remains a relatively niche product, and limited awareness among end users can hinder market growth.

Market Segmentation:

By Product Type:

Closed-cell Foam Glass

Open-cell Foam Glass

By Application:

Building & Construction

Industrial Insulation

Chemical Processing

Cold Storage

Others

By End-User Industry:

Construction

Oil & Gas

Petrochemical

Pharmaceutical

Food & Beverage

Regional Analysis:

North America:

North America holds a significant share of the foam glass market, driven by stringent energy efficiency regulations and strong demand from the industrial sector.

Europe:

Europe is a major market for foam glass, supported by the region’s focus on sustainable construction practices and the presence of well-established manufacturers.

Asia-Pacific:

The Asia-Pacific region is expected to witness the fastest growth due to rapid industrialization, urbanization, and increasing awareness of energy-efficient building materials.

Latin America and Middle East & Africa:

These regions are emerging markets for foam glass, with growing investments in infrastructure development and industrial projects.

Competitive Landscape:

Key players in the foam glass market are focusing on product innovation, capacity expansion, and strategic partnerships to strengthen their market position. Major companies include:

Owens Corning

Pittsburgh Corning (now part of Owens Corning)

GLAPOR Werk Mitterteich GmbH

Zhejiang DEHO Co., Ltd.

Misapor AG

JSC Gomelglass

Refaglass

Recent Developments:

Several manufacturers are investing in advanced production technologies to reduce energy consumption and production costs.

Partnerships and collaborations with construction companies are on the rise to promote the adoption of foam glass in building projects.

Future Outlook:

The foam glass market is expected to grow steadily over the next decade. Key trends shaping the market include increased adoption in green building projects, technological advancements in manufacturing processes, and the expansion of industrial applications.

Conclusion:

Foam glass is a versatile and sustainable insulating material with significant growth potential across various industries. While challenges such as high production costs and competition from alternatives persist, the market's future looks promising due to rising demand for energy-efficient and eco-friendly materials. Companies that invest in innovation and strategic partnerships will likely gain a competitive edge in this dynamic market.

Foam Glass Market Segments

By Deposit

Open Cell Foam Glass

Closed Foam Glass

By Application

Industrial

Building & Construction

Other

Foam Glass Market Players

AeroAggregates of North America, LLC

Dehe Technology Group Co., LTD

GLAPOR

Jahan Ayegh Pars Company

Mike Wye Ltd

Owens Corning

PINOSKLO cellular glass

Shanghai Metal Corporation

Uusioaines Oy

REFAGLASS

Others

Table of Contents

 

Chapter 1. Methodology and Scope
                   1.1. Market Segmentation & Scope
                   1.2. Market Definition
                   1.3. Information Procurement
                       1.3.1. Information Analysis
                       1.3.2. Market Formulation & Data Visualization
                       1.3.3. Data Validation & Publishing
                   1.4. Research Scope and Assumptions
                       1.4.1. List of Data Sources
Chapter 2. Executive Summary
                   2.1. Market Snapshot
                   2.2. Segmental Outlook
                   2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
                   3.1. Market Lineage Outlook
                       3.1.1. Global Outlook
                   3.2. Value Chain Analysis
                       3.2.1. Raw Material Trends
                   3.3. Manufacturing Overview
                   3.4. Regulatory Framework
                   3.5. Market Dynamics
                       3.5.1. Market Driver Analysis
                       3.5.2. Market Restraint Analysis
                       3.5.3. Market Opportunity Analysis
                       3.5.4. Market Challenges
                   3.6. Porter’s Five Forces Analysis
                       3.6.1. Bargaining Power of Suppliers
                       3.6.2. Bargaining Power of Buyers
                       3.6.3. Threat of Substitution
                       3.6.4. Threat of New Entrants
                       3.6.5. Competitive Rivalry
                   3.7. PESTLE Analysis
                       3.7.1. Political
                       3.7.2. Economic
                       3.7.3. Social Landscape
                       3.7.4. Technology
                       3.7.5. Environmental
                       3.7.6. Legal
Chapter 4. Foam Glass Market: Deposit Estimates & Trend Analysis
                   4.1. Foam Glass Market: Deposit Movement Analysis, 2023 & 2030
                   4.2. Opened Cell Foam Glass
                       4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   4.3. Closed Cell Foam Glass
                       4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Foam Glass Market: Application Estimates & Trend Analysis
                   5.1. Foam Glass Market: Application Movement Analysis, 2023 & 2030
                   5.2. Insulation
                       5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   5.3. Building & Construction
                       5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   5.4. Other
                       5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Foam Glass Market: Regional Estimates & Trend Analysis
                   6.1. Regional Analysis, 2023 & 2030
                   6.2. North America
                       6.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.4. U.S.
                           6.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.5. Canada
                           6.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.6. Mexico
                           6.2.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.3. Europe
                       6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.4. Germany
                           6.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.5. Italy
                           6.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.6. France
                           6.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.7. UK
                           6.3.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.7.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.4. Asia Pacific
                       6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.4. China
                           6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.5. Japan
                           6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.6. India
                           6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.5. Central & South America
                       6.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                       6.5.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                       6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.5.4. Brazil
                           6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.4.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.6. Middle East & Africa
                       6.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                       6.6.2. Market estimates and forecasts, by deposit, 2018 - 2030 (Kilotons) (USD Million)
                       6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
                   7.1. Global Recent Developments, By Key Market Participants
                   7.2. Kraljic Matrix
                   7.3. Company Ranking Analysis
                   7.4. Heat Map Analysis
                   7.5. Vendor Landscape
                       7.5.1. List of raw material suppliers
                       7.5.2. List of distributors
                       7.5.3. List of other prominent manufacturers
                       7.5.4. List of prospective end-users
                   7.6. Strategy Mapping
                   7.7. Company Profiles/Listing
                       7.7.1. AeroAggregates of North America, LLC
                           7.7.1.1. Company Overview
                           7.7.1.2. Financial Performance
                           7.7.1.3. Product Benchmarking
                       7.7.2. Dehe Technology Group Co., LTD
                           7.7.2.1. Company Overview
                           7.7.2.2. Financial Performance
                           7.7.2.3. Product Benchmarking
                       7.7.3. GLAPOR
                           7.7.3.1. Company Overview
                           7.7.3.2. Financial Performance
                           7.7.3.3. Product Benchmarking
                       7.7.4. Jahan Ayegh Pars Company
                           7.7.4.1. Company Overview
                           7.7.4.2. Financial Performance
                           7.7.4.3. Product Benchmarking
                       7.7.5. Mike Wye Ltd
                           7.7.5.1. Company Overview
                           7.7.5.2. Financial Performance
                           7.7.5.3. Product Benchmarking
                       7.7.6. Owens Corning
                           7.7.6.1. Company Overview
                           7.7.6.2. Financial Performance
                           7.7.6.3. Product Benchmarking
                       7.7.7. PINOSKLO cellular glass
                           7.7.7.1. Company Overview
                           7.7.7.2. Financial Performance
                           7.7.7.3. Product Benchmarking
                       7.7.8. Shanghai Metal Corporation
                           7.7.8.1. Company Overview
                           7.7.8.2. Financial Performance
                           7.7.8.3. Product Benchmarking
                       7.7.9. Uusioaines Oy
                           7.7.9.1. Company Overview
                           7.7.9.2. Financial Performance
                           7.7.9.3. Product Benchmarking
                       7.7.10. REFAGLASS
                           7.7.10.1. Company Overview
                           7.7.10.2. Financial Performance
                           7.7.10.3. Product Benchmarking

 

Foam Glass Market Segments

By Deposit

Open Cell Foam Glass

Closed Foam Glass

By Application

Industrial

Building & Construction

Other

Foam Glass Market Players

AeroAggregates of North America, LLC

Dehe Technology Group Co., LTD

GLAPOR

Jahan Ayegh Pars Company

Mike Wye Ltd

Owens Corning

PINOSKLO cellular glass

Shanghai Metal Corporation

Uusioaines Oy

REFAGLASS

Others

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