GCC Fire Clay Market – Opportunities & Forecast, 2020-2027
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competitors and the specific growth opportunities with key market drivers.
The GCC Fire Clay Market drivers and trends are as
follows:
Increasing construction projects in the Gulf countries like
Saudi Arabia and the United Arab Emirates is a key driver surging the growth of
the GCC fire clay market. Upcoming mega construction
projects such as Qiddiya, an entertainment megaproject in Saudi Arabia, and
Masdar City in UAE are widely using fire clay for offering fire protection, and
an increasing number of the power plants which are rapidly using fire clay for
fire-protecting shields, such as boiler, chimney linings, glass melting, and
pottery kilns-blast, will fuel the demand of the GCC fire clay market. The
metal working industries have a wide demand for fire clay due to its advantages
and capacity to survive in high temperatures. In addition to this, in the
construction industry, bricks made up of fire clay concrete are ideal as they
are heavier and make the whole building carry more weight. Moreover, fire clay
bricks are fireproof, sound, and environment friendly. On the other hand, high
cost of production is hindering the demand of the GCC fire clay market during
the forecast period.
Based on the countries, The United Arab Emirates is
projected to grow at a higher rate during the forecast period due to the rising
number of construction projects. Moreover, the major players are focusing on
the huge investments in building smart cities for delivering safety, which will
surge the demand of the GCC fire clay market in the upcoming years. For
example, the government of Saudi Arabia is planned to create revenues from
non-oil sector like gigaprojects, construction, transport and mobility schemes
such as Riyadh Metro, energy megaprojects such as the state-owned Aramco's
Berri and Marjan oil fields, and social infrastructure developments such as the
Ministry of Housing's Sakani programme.
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Key Benefits of the Report:
·
This report offers an analytical depiction of
the GCC fire clay market while providing the current trends and future
estimations to determine the imminent investment pockets.
·
This study illustrates every relevant
information, including the market drivers, restraints, and emerging opportunities,
followed by a detailed analysis of the GCC fire clay market share.
·
The report also provides a detailed GCC fire
clay market analysis based on competitive intensity and how the competition
will take shape over the next six years.
Various companies covered in the GCC Fire Clay Market report:
·
THE FIRECLAY FACTORY LLC
·
RAK Ceramics
·
Capstone Ceramics
·
Elkay
·
Al Diyar Home
·
Saudi Refractory Industries
·
Saudi Red Bricks Co.
·
BFIM Compound
·
AL NAHDHA GROUP
·
ALFRAN, S.A.
Segmentation of the GCC Fire Clay Market:
Breakup by Product:
·
Flint
·
Semi-Flint
·
Semi-Plastic Fire
·
Plastic Fire Clay
Breakup by Application:
·
Residential
·
Commercial
·
Industrial
Breakup by Countries:
·
UAE
·
Saudi Arabia
·
Oman
·
Kuwait
·
Rest of GCC
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