GCC Fire Clay Market – Opportunities & Forecast, 2020-2027

 

The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the 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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