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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