Glass blocks, also known as glass bricks, are solid or hollow transparent architectural materials made from glass. Glass blocks are made up of silica, sodium, and lime. They are manufactured in various dimensions. Their appearance varies in size, style, opacity, and color. Glass blocks are used in different constructions such as commercial, industrial, and residential.
Increase in demand for glass block windows can be ascribed to their easy installation owing to the availability of pre-fabricated kits. Swapping old windows with glass block windows is easy. Installation of glass block windows requires glass block, pencil, silicone sealer, plastic spacers, wood screws, measuring tape, knife, plastic putty knife, and drill. Rise in usage of glass block windows in houses, commercial structures, and industrial constructions has been a key driver of the glass block market.
Earlier, glass blocks were used just in the factories. Glass blocks were later adopted in commercial and residential buildings. Glass block windows can be installed in rooms, exterior side of the house, toilets, and underground stores, as they allow natural light and help maintain privacy. They are used in commercial constructions and factories where they allow light and provide resistance to noise.
High cost of raw materials required in the manufacture of glass blocks is major challenge facing the glass block market. Glass blocks are primarily used to reduce the cost of energy. However, the glass blocks manufacturing process involves high consumption of energy. Natural gas and a few oil products are mainly used in manufacturing glass. Glass blocks are used to generate electricity from solar heat.
Glass blocks are used as windows, partitions, and shower cubicles in bathrooms across the globe. While increasing condensation rates of moisture which is further condensed to liquid state may leads to the deposition of mold over glass block material. This makes the bathroom grimy and unhygienic. Water vapor also damages window frames. This is expected to be another challenge facing the glass block market.
Glass Block Market: Segmentation Outlook
The global glass block market can be segmented based on application and region. Based on application, the glass block market can be classified into residential, commercial, and industrial. Rise in construction of commercial buildings such as hospitals and business parks in developing regions is the prominent factor driving the demand for glass blocks during the forecast period.
Glass Block Market: Regional Outlook
In terms of region, the glass block market can be segregated into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. Asia Pacific is expected to be the leading region of the global glass block market during the forecast period. Rise in development in the commercial sector, which includes information technology centers, hospitals, Business Park especially in countries such as India and China is a key factor which is expected to propel the demand for glass block during the forecast period.
The market in developed regions such as North America and Europe are expected to exhibit moderate growth rate due to the focus on vinyl and silicon fiberglass materials in these regions. These materials are being replaced by glass block materials in windows, doors, and walls.
Glass Block Market: Key Players
The global glass block market is fragmented. Large numbers of companies operate at the global and regional level. Key companies include Bormioli Rocco, Corning, Mulia Industrindo, Nippon Electric Glass, SCHOTT, Seves, and Saint Gobain.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.