Global fire rated glazing market has reached USD 4.3 billion market, with a growth rate of 4.3% annually.
Currently the fire rated glass market is dominated by select few global manufacturers. Our PyroGel ingredient allows local production of competing certified glazed product.
Below is an example case study:
Typical double glazed unit with two 6mm tempered clear float glass and 12mm airspace will retail at USD 35/sqm with profit margin of approximately 15%.
The same double glazed unit with slight modifications and injection of our PyroGel into the air chamber will result in a fire rated glazing meeting European Norms of EI30 retailing at USD 200/sqm with profit margin of 50%.
Depending on market, competing retail prices may vary and may increase due to cost of logistics and import duty.
Locally produced fire rated glazing increases local contents, negate any import duty payable, and allows faster local delivery.