Middle East and Africa Flat Glass Market, By Type (Tempered, Flat, Annealed, Mirror Glass, Float Glass, Extra Clear Glass, Clear Glass, Cast Glass, Tinted Glass, Wired Glass, Special Flat Glass, Patterned Glass or Textured Glass, Blown Flat Glass and Others), Function (UV Filter Glass, Heat Insulation Glass, Safety Glazing, Soundproofed Glazing, Self-Cleaning Glass, ION Exchange Glass and Others), Product (Coated and Uncoated), Application (Building and Construction, Automotive, Aerospace, Electronic Appliances, Solar Energy, Furniture and Others) – Industry Trends and Forecast to 2030.
Middle East and Africa Flat Glass Market Analysis and Size
The Middle East and Africa flat glass market is expected to grow with a significant rate during the forecast period. This growth is mainly attributed to the growing sales of automotive vehicles in this region. Flat glass has numerous applications in the automotive industry such as manufacturing of headlights, windshields, windows, and other automotive components. Moreover, increasing number of solar energy installations and the growing penetration of glass architecture in non-residential and residential constructions across this region are projected to enhance market growth in the forecast period.
Data Bridge Market Research analyses that the flat glass market is expected to reach USD 15253.95 million by 2030, which is USD 8552.92 million in 2022, registering a CAGR of 7.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Middle East and Africa Flat Glass Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 - 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Tempered, Flat, Annealed, Mirror Glass, Float Glass, Extra Clear Glass, Clear Glass, Cast Glass, Tinted Glass, Wired Glass, Special Flat Glass, Patterned Glass or Textured Glass, Blown Flat Glass and Others), Function (UV Filter Glass, Heat Insulation Glass, Safety Glazing, Soundproofed Glazing, Self-Cleaning Glass, ION Exchange Glass and Others), Product (Coated and Uncoated), Application (Building and Construction, Automotive, Aerospace, Electronic Appliances, Solar Energy, Furniture and Others)
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Countries Covered
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Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)
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Market Players Covered
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Nippon Sheet Glass Co., Ltd., (Japan), Saint-Gobain (France), Sisecam (Turkey), SCHOTT AG (Germany), Taiwan Glass Ind. Corp. (Taiwan), Xinyi Glass Holdings Limited., (China), AGC Inc., (Japan), Central Glass Co. Ltd., (Japan), Cardinal Glass Industries, Inc., (U.S.), CEVITAL (Algeria), China Glass Holdings Limited (China), GUARDIAN INDUSTRIES (U.S.), Fuyao Glass Industry Group Co., Ltd., (China), Saint-Gobain (France), Beijing Northglass Technologies Co. Ltd., (China), arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany), Dellner Romag Ltd., (U.K.), Qingdao Tsing Glass Co. Limited (China) and Guangzhou Topo Glass Co., Ltd., (China)
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Market Opportunities
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Market Definition
Flat glass is made by a molten glass. The flat glass formed when molten glass is spread out into the sheets on the metal plane. This glass is available in the flat sheets of paper, also known as sheet glass and plate glass. Flat glass is normally used in automotive glass, mirrors, doors, window and solar panels. Sometimes, it is bent after manufacture, to use in architectural and automotive areas, which is also measured as recent flat glass applications.
Middle East and Africa Flat Glass Market Dynamics
Drivers
- Surging demand of flat glass due to various advantages
The flat glass used in residential and non-residential areas provides several advantages, such as dust resistance; refraction, transmission, absorption of light; efficiency in terms of rust resistance; cost and energy; better insulation; weather resistance; many colour options and flexibility. The flat glass provides better features such as theft protection, protection from harmful radiations, and several other facilities. The rising demand for flat glass due to various advantages is expected to drive the market's growth rate.
- Increasing demand of flat glass in construction sector
Rapidly growing construction activities have increased government focus on developing commercial infrastructure, including smart cities. With the growing construction industry, increase the demand of different types of materials in construction industry which includes flat glass. This is also the major factor which is expected to drive the growth rate of the market during forecast period.
Opportunities
- Growing demand of flat glass in multiple sector
Increasing end-use industries such as architecture, automotive, energy among others is expected to increase the demand for flat glass in the forecast period. The growth and expansion of the building and construction sector is expected to create numerous opportunities for the market growth over the forecast period. For instance, according to Global Construction Perspectives and Oxford Economics data, the global construction sector is anticipated to reach around US$ 17.5 trillion by 2030, which is US$ 8 trillion growth from 2015. Moreover, increasing demand for energy efficient products is anticipated to boost the demand for these glasses in energy applications. For instance, flat glass is also used in the manufacture of low-E glass, solar control glass and others. Thus, increasing adoption of energy efficient products will create immense opportunities for the market growth over the forecast period.
Restraints/ Challenges
- Fluctuating cost of raw materials of flat glass
The demand of the flat glass may be restrained by fluctuating cost of raw materials used in the glass sector such as heavy fuel oil (HFO), silica sand, limestone and natural gas (NG), soda ash, and others. These glasses are more expensive than other ones, restraining the demand from the consumer’s perspective and obstructing the growth rate of the flat glass market.
This flat glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the flat glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Flat Glass Market
The outbreak of Covid-19 was started from Wuhan city after that it spread overall the globe. Now it has become a global crisis. The governments have imposed stringent rule which includes lockdown and social distancing guidelines globally during this pandemic. The flat glass market is also affected by the lockdown because production works are halted. Lack of production has affected the supply and demand of the flat glass. The construction industries are the main consumer of flat glass and due to this lockdown the construction works are on a pause which has decreased the demand for flat glass. Furthermore, the major market players of the flat glass are trying their best to upsurge the market's growth rate and is anticipated to witness high demand after the post-covid condition.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2021, KCC Glass Corporation, South Korea-based flat glass manufacturer, started the construction of a new float glass plant in Indonesia worth US$ 350 million. This new glass plant is anticipated to be operational by 2024.
- In 2022, Compagnie de Saint-Gobain S.A. is a France-based multinational corporation. This company is manufacturing glasses and other construction materials have announced that the company attained zero carbon production during manufacture of flat glass by using green energy and recycled materials and. This initiative is anticipated to support company’s strategy to objective carbon neutrality by 2050.
Middle East and Africa Flat Glass Market Scope
The flat glass market is segmented on the basis of type, function, product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Tempered
- Flat
- Annealed
- Mirror Glass
- Float Glass
- Extra Clear Glass
- Clear Glass
- Cast Glass
- Tinted Glass
- Wired Glass
- Special Flat Glass
- Patterned Glass or Textured Glass
- Blown Flat Glass
- Others
Function
- UV Filter Glass
- Heat Insulation Glass
- Safety Glazing
- Soundproofed Glazing
- Self-Cleaning Glass
- ION Exchange Glass
- Others
Product
- Coated
- Uncoated
Application
- Building and Construction
- Automotive
- Aerospace
- Electronic Appliances
- Solar Energy
- Furniture
- Others
Flat Glass Market Regional Analysis/Insights
The flat glass market is analyzed and market size insights and trends are provided by country, type, function, product and application as referenced above.
The countries covered in the flat glass market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
U.A.E is expected to dominate the flat glass in terms of market share and revenue growth owing to the increasing usage of tempered products in commercial construction industry in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flat Glass Market Share Analysis
The flat glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to flat glass market.
Some of the major players operating in the flat glass market are:
- Nippon Sheet Glass Co., Ltd., (Japan)
- Saint-Gobain (France)
- Sisecam (Turkey)
- SCHOTT AG (Germany)
- Taiwan Glass Ind. Corp. (Taiwan)
- Xinyi Glass Holdings Limited., (China)
- AGC Inc., (Japan)
- Central Glass Co. Ltd., (Japan)
- Cardinal Glass Industries, Inc., (U.S.)
- CEVITAL (Algeria)
- China Glass Holdings Limited (China)
- GUARDIAN INDUSTRIES (U.S.)
- Fuyao Glass Industry Group Co., Ltd., (China)
- Saint-Gobain (France)
- Beijing Northglass Technologies Co. Ltd., (China)
- arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany)
- Dellner Romag Ltd., (U.K.)
- Qingdao Tsing Glass Co. Limited (China)
- Guangzhou Topo Glass Co., Ltd., (China)
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