Saudi Arabia 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 the Saudi Arabia Flat Glass Market:

The leading players in the Saudi Arabia Flat Glass Market:

·         Saudi American Glass Company Limited

·         Obeikan Glass Company

·         Glaston Corporation

·         Emirates Glass LLC

·         Huntsman International LLC

·         Corning Incorporated

·         SCHOTT AG

·         Saint-Gobain S.A.

·         Kingspan Group

·         Guardian Industries

Key Drivers of the Saudi Arabia Flat Glass Market:

The factors contributing to the growth of the Saudi Arabia flat glass market include the growing use of glass in aesthetic infrastructural projects and the increasing demand among the automotive & transportation and solar energy. The inclination of the urbanization and rising spending power among the millennium is surging the growth of the Saudi Arabia flat glass market in the forecast period. Moreover, the growing relevancy of the Future Saudi Cities Program to Vision 2030 for diversifying and expanding opportunities to meet the requirements of the population is further boosting the growth of the Saudi Arabia flat glass market. Furthermore, the rising consumer awareness for smart green cities with less pollutant area and upscaling quality of life which will fuel the Saudi Arabia flat glass market. Increasing environmental concerns associated with the recycling of glass materials are expected to propel the growth of the Saudi Arabia flat glass market. On the other hand, the high price of the raw material hindering the growth of the Saudi Arabia flat glass market.

Based on Product Type, the insulated segment is projected to grow at a higher CAGR during the forecast period due to the high use of insulated flat glass in residential and commercial buildings in Saudi Arabia. Moreover, insulated flat glass provides superior performance that helps to decrease air conditioning and heating cost, which is expected to energize the market growth of this segment in the upcoming years.

Saudi Arabia Flat Glass Market Segmentation:

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

Saudi Arabia Flat Glass Market by Product Type:

·         Basic Float Glass

·         Toughened Glass

·         Coated Glass

·         Laminated Glass

·         Extra Clear Glass

·         Others

Saudi Arabia Flat Glass Market by Technology:

·         Float

·         Rolled

·         Sheet

Saudi Arabia Flat Glass Market by End-Use Industry:

·         Architectural

·         Automotive & Transportation

·         Others 

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