GCC Flat Glass Market – Opportunities & Forecast, 2020-2027

 

The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers.

Major Players In GCC Flat Glass Market:

The leading players in the GCC Flat Glass Market:

·         Huntsman International LLC

·         Emirates Glass LLC

·         Burhani Glass Factory L.L.C

·         Corning Incorporated

·         AGC Inc.

·         SCHOTT AG

·         Obeikan Glass Company

·         Saint-Gobain S.A.

·         Kingspan Group

·         Guardian Industries

Key Drivers Of GCC Flat Glass Market:

The significant factors contributing to the growth of the GCC flat glass market include the strong demand for the glasses in the construction, followed by infrastructure development among the end-users and the rising penetration of the flat glasses in several applications such as buses, passenger cars, and trains around the GCC region. Furthermore, the increasing technological advancements for creating new designs in architectural sciences, coupled with the growing government initiatives towards sustainable and eco-friendly infrastructure in the Gulf countries, will surge the growth of the GCC flat glass market.

The government is planning to create green buildings to balance environmental sustainability and energy savings, which will boost the GCC flat glass market demand. Growing awareness associated with the energy-saving products to save electricity and decrease air-conditioning cost in the residential and commercial premises will further energize the market growth during the forecast period. In addition to this, rapid urbanization and high disposable income incorporate huge investments by the real estate players to meet the needs of the consumers are further fuelling the growth of the GCC flat glass market. On the other hand, variations in the prices of raw materials and inadequate logistics services in the supply chain hamper the GCC flat glass market.

GCC Flat Glass Market Segmentation:

The GCC flat glass market has been segmented into the following categories:

GCC Flat Glass Market by Product Type:

·         Basic

·         Tempered

·         Laminated

·         Insulated

·         Others

GCC Flat Glass Market by Technology:

·         Float

·         Rolled

·         Sheet

GCC Flat Glass Market by Application:

·         Architectural

·         Automotive & Transportation

·         Others

GCC Flat Glass Market by Countries:

·         UAE

·         Saudi Arabia

·         Oman

·         Kuwait

·         Rest of GCC

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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