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KEY FINDINGS
The Europe cellular glass market is anticipated to progress with a CAGR of 5.07% over the forecasting years of 2021 to 2028. Factors such as the use of cellular glass in load-bearing foundations and road construction, the introduction of numerous test plans like DIBt and Common Understanding of Assessment Procedure (CUAP) by the European Government, and the presence of several strategies to augment the use of cellular glass as thermal insulation, are set to fuel the region's market growth.
MARKET INSIGHTS
The Europe cellular glass market growth assessment entails the analysis of Belgium, Italy, France, Russia, the United Kingdom, Poland, Germany, and the rest of Europe. The non-residential sector in France observed substantial growth between 2017 to 2018, compared to the previous year. Moreover, the country recorded a 13.1% increase in new projects and a 5.1% rise in authorized projects, with industrial premises and offices accounting for the most robust subsectors. The French government has also proposed the stimulation of the construction sector by adopting the bill on developing digital technology, town planning, and housing.
On the other hand, new expansions in Italy by Equinix, Aruba, and Vantage Data Centers are set to bolster the Italian space by over 60%. For instance, Equinix is building its fourth Italian data center in Milan, with the initial phase under construction for nearly $51 million. The country has also attracted significant investments from cloud companies, with Microsoft contributing approximately $1.5 billion in order to establish a cloud region. Thus, such factors are expected to facilitate the market growth in Europe during the forecasted period.
COMPETITIVE INSIGHTS
Some of the leading companies operating in the market are Benarx, Pinosklo, Polydros Sociedad Anonima (SA), Owens Corning, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments