Fastest Growing Medical Application is Fueling the Growth of Foam Glass Market
The global Foam Glass Market is estimated to be valued at US$ 2.17 Bn in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Foam glass is an inorganic, rigid cellular material made of amorphous silicate glass with low weight density and high mechanical strength. Its closed-cell structure provides resistance to moisture, vapor, chemicals acids and corrosion. Foam glass benefits include lightweight, thermal insulation, moisture resistance, and durability. These unique properties make it suitable for insulation applications in buildings, industries and as lightweight construction material. Market Overview: Foam glass has low thermal conductivity which makes it an effective insulation material with high strength to weight ratio. It can withstand high temperatures without losing structural integrity. Its closed-cell structure provides resistance to moisture, vapor, chemicals acids ...