Gmi Research's blog : Construction Glass Market Size, Share Forecast to 2027

GCC Construction Glass Market

The GCC Construction Glass Market is estimated to grow at a faster CAGR over the forecast period (2020-2027).

The factors driving the growth of GCC Construction Glass Market includes rapid growth in the construction activities in the Middle Eastern Countries, growing emphasis on reducing the greenhouse gas emission levels and rising popularity of green buildings. In addition, the increasing investments by leading players on research and development, rising population growth rates, rapid urbanization, improvements in the living standardsand growing population growth rates, are further propelling the market growth. Moreover, the increasing Government’s expenditure to build smart cities and technological advancements in the construction glass development, are some of the additional factors supplementing the market growth. As per Yahoo Finance, the Government of Saudi Arabia has invested around USD 500 billion in 285 municipal townships for smart city projects in 2021 under the flagship Saudi smart Cities Program, which will accelerate the market growth in the coming years.

Request a free sample of this report

However, the growth of GCC Construction Glass Market is hindered due to high cost of raw materials and disruptions in the global supply chain.

The prominent players operating in the market are Guardian Industries, Schott AG, Xinyi Glass Holdings Limited, Obeikan Glass Company, Gulf Glass Industries, Burhani Glass Factory L.L.C, Saint-Gobain S.A., Emirates Glass LLC, Huntsman International LLC, AGC Inc. and Nippon Sheet Glass Co., Ltd, among others.

Application: Segment Analysis

Based on Application, the Commercial segment is anticipated to expand at a significant CAGR during the forecast period attributed to rise in the number of smart cities and growing emphasis on reducing carbon emissions.

Manufacturing Process: Segment Analysis

Based on Manufacturing Process, the Float Glass Process segment is predicted to grow at a remarkable CAGR over the forecast period. The float glass can easily be cut without any special equipment and are increasingly used in the windows of residential areas, are some of the factors responsible for the growth of the segment.

Countries: Segment Analysis

Based on Countries, United Arab Emirates and Saudi Arabia are expected to capture a sizeable market share during the forecast period. Increasing investments by Governments on smart city projects, rising adoption of advance technologies in the construction industry, growing emphasis on reducing greenhouse gas emissions and rapid industrialization, are some of the important factors propelling the market growth.

Market Segmentation

GCC Construction Glass Market by Type

Low-E Glass
- Hard Coat Low-E
- Soft Coat Low-E
Special Glass

GCC Construction Glass Market by Application

Residential
Commercial
Others

GCC Construction Glass Market by Manufacturing Process

Float Glass Process
Rolled/Sheet Process

GCC Construction Glass Market by Chemical Composition

Soda-Lime
Potash-Lime
Potash-Lead

GCC Construction Glass Market by Countries

UAE Construction Glass Market All-Up
Saudi Arabia Construction Glass Market All-Up
Oman Construction Glass Market All-Up
Kuwait Construction Glass Market All-Up
Rest of GCC Construction Glass Market All-Up

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/

In: