Abstract
Summary
Middle East glass market is expected to reach USD 4,027.66 million by 2031 from USD 2,406.40 million in 2023, growing at a CAGR of 6.8% during the forecast period of 2024 to 2031.
Market Segmentation
Middle East Glass Market, By Type (Float Glass, Architectural Glass, Cast Glass, Blown Glass, Clear Glass, Tinted Glass, Patterned Glass or Textured Glass, Wired Glass, Extra Clear Glass, Special Glass, Security Glass, Glass Containers, and Others), Product (Coated and Uncoated), Function (UV Filter Glass, Heat Insulation Glass, Safety Glazing, Soundproofed Glazing, Self-Cleaning Glass, Ion Exchange Glass, and Others), Thickness (4 mm, 5 mm, 6 mm, 8 mm, 2 mm, 3 mm, 10 mm, 12 mm, and More Than 12 mm), Application (Building and Construction, Automotive, Aerospace, Electronic Appliances, Solar Energy, Packaging, Furniture, and Others) Country (Saudi Arabia, U.A.E., Qatar, Oman, Kuwait, Turkey, and Rest of Middle East) - Industry Trends and Forecast to 2031
Overview of Middle East Glass Market Dynamics
Drivers
• Rising automotive industry growth
• Technological advancements in the glass industry
Restraints
• Lack of availability and fluctuating prices of raw materials
• Stringent environmental regulations for glass and glass products
Opportunities
• Export potential in the Middle East region
• Increasing energy efficiency and sustainability
Market Players
Some of the key market players operating in the Middle East glass market are:
• Şişecam
• Guardian Industries Holdings Site
• IKKGlass
• AGC Inc.
• Dubai Investments
• Saint-Gobain
• Obeikan Glass Company
• ARABIAN PROCESSING GLASS CO
• Zoujaj
• Glas Trösch Holding AG
• REGIONGLASS
• Alma
• QGI
Table of Contents
1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 OVERVIEW OF MIDDLE EAST GLASS MARKET 16
1.4 LIMITATIONS 18
1.5 MARKETS COVERED 18
2 MARKET SEGMENTATION 20
2.1 MARKETS COVERED 20
2.2 GEOGRAPHICAL SCOPE 21
2.3 YEARS CONSIDERED FOR THE STUDY 21
2.4 CURRENCY AND PRICING 21
2.5 DBMR TRIPOD DATA VALIDATION MODEL 22
2.6 TYPE LIFE LINE CURVE 25
2.7 MULTIVARIATE MODELING 26
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 27
2.9 DBMR MARKET POSITION GRID 28
2.10 MARKET APPLICATION COVERAGE GRID 29
2.11 DBMR MARKET CHALLENGE MATRIX 30
2.12 VENDOR SHARE ANALYSIS 31
2.13 SECONDARY SOURCES 32
2.14 ASSUMPTIONS 32
3 EXECUTIVE SUMMARY 33
4 PREMIUM INSIGHTS 35
4.1 CLIMATE CHANGE SCENARIO 36
4.1.1 ENVIRONMENTAL CONCERNS 36
4.1.2 INDUSTRY RESPONSE 36
4.1.3 GOVERNMENT’S ROLE 36
4.1.4 ANALYST RECOMMENDATION 36
4.2 COST ANALYSIS 37
4.2.1 CAPEX ANALYSIS 37
4.2.2 PRODUCTION COST 37
4.3 SUPPLY CHAIN ANALYSIS 38
4.3.1 LOGISTIC COST SCENARIO 38
4.3.2 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 39
4.4 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 40
4.5 MIDDLE EAST GLASS MARKET, VENDOR SELECTION CRITERIA 41
4.5.1 QUALITY 41
4.5.2 EXPERIENCE AND EXPERTISE 41
4.5.3 PRODUCT RANGE 41
4.5.4 PRODUCTION CAPACITY 41
4.5.5 PRICING AND COST EFFECTIVENESS 41
4.5.6 DELIVERY AND LOGISTICS 41
4.5.7 TECHNICAL SUPPORT AND AFTER-SALES SERVICE 41
4.5.8 SUSTAINABILITY AND ENVIRONMENTAL CONSIDERATIONS 41
4.5.9 REFERENCES AND REPUTATION 41
4.5.10 FINANCIAL STABILITY 42
4.5.11 CUSTOMER SERVICE 42
4.5.12 CONCLUSION 42
5 MIDDLE EAST GLASS MARKET, REGULATIONS 43
5.1 REGULATORY SCENARIO IN MIDDLE EAST 43
6 MARKET OVERVIEW 44
6.1 DRIVERS 46
6.1.1 RISING CONSTRUCTION AND INFRASTRUCTURE DEVELOPMENT IN SAUDI ARABIA 46
6.1.2 GROWING POPULATION AND URBANIZATION IN MIDDLE EAST 46
6.1.3 RISING AUTOMOTIVE INDUSTRY GROWTH 47
6.1.4 TECHNOLOGICAL ADVANCEMENTS IN THE GLASS INDUSTRY 47
6.2 RESTRAINTS 48
6.2.1 LACK OF AVAILABILITY AND FLUCTUATING PRICES OF RAW MATERIALS 48
6.2.2 STRINGENT ENVIRONMENTAL REGULATIONS FOR GLASS AND GLASS PRODUCTS 48
6.3 OPPORTUNITIES 48
6.3.1 EXPORT POTENTIAL IN THE MIDDLE EAST REGION 48
6.3.2 INCREASING ENERGY EFFICIENCY AND SUSTAINABILITY 49
6.4 CHALLENGES 49
6.4.1 COMPETITION FROM ALTERNATIVE MATERIALS 49
6.4.2 LACK OF SKILLED WORKFORCE 50
7 MIDDLE EAST GLASS MARKET, BY TYPE 51
7.1 OVERVIEW 52
7.2 FLOAT GLASS 55
7.3 ARCHITECTURAL GLASS 55
7.4 CAST GLASS 55
7.5 BLOWN GLASS 55
7.6 CLEAR GLASS 55
7.7 TINTED GLASS 55
7.8 PATTERNED GLASS OR TEXTURED GLASS 55
7.9 WIRED GLASS 56
7.10 EXTRA CLEAR GLASS 56
7.11 SPECIAL GLASS 56
7.12 SECURITY GLASS 56
7.13 GLASS CONTAINERS 57
7.14 OTHERS 57
8 MIDDLE EAST GLASS MARKET, BY PRODUCT 58
8.1 OVERVIEW 59
8.2 COATED 60
8.2.1 COATING RESIN 60
8.2.2 COATING TECHNOLOGY 60
8.2.3 COATING PROCESS 61
8.3 UNCOATED 61
9 MIDDLE EAST GLASS MARKET, BY FUNCTION 62
9.1 OVERVIEW 63
9.2 UV FILTER GLASS 64
9.3 HEAT INSULATION GLASS 64
9.4 SAFETY GLAZING 64
9.5 SOUNDPROOFED GLAZING 64
9.6 SELF-CLEANING GLASS 64
9.7 ION EXCHANGE GLASS 64
9.8 OTHERS 64
10 MIDDLE EAST GLASS MARKET, BY THICKNESS 65
10.1 OVERVIEW 66
10.2 4 MM 67
10.3 5 MM 67
10.4 6 MM 67
10.5 8 MM 67
10.6 2 MM 67
10.7 3 MM 67
10.8 10 MM 68
10.9 12 MM 68
10.10 MORE THAN 12 MM 68
11 MIDDLE EAST GLASS MARKET, BY APPLICATION 69
11.1 OVERVIEW 70
11.2 BUILDING AND CONSTRUCTION 71
11.3 AUTOMOTIVE 72
11.4 AEROSPACE 72
11.5 ELECTRONIC APPLIANCES 72
11.6 SOLAR ENERGY 72
11.7 PACKAGING 73
11.8 FURNITURE 73
11.9 OTHERS 73
12 MIDDLE EAST GLASS MARKET, BY COUNTRY 74
12.1 MIDDLE EAST 74
12.1.1 SAUDI ARABIA 77
12.1.2 U.A.E 83
12.1.3 QATAR 89
12.1.4 OMAN 95
12.1.5 KUWAIT 101
12.1.6 TURKEY 107
12.1.7 REST OF MIDDLE EAST 113
13 MIDDLE EAST GLASS MARKET: COMPANY LANDSCAPE 115
13.1 COMPANY SHARE ANALYSIS: MIDDLE EAST 115
14 SWOT ANALYSIS 116
15 COMPANY PROFILES 117
15.1 ŞIŞECAM 117
15.1.1 COMPANY SNAPSHOT 117
15.1.2 REVENUE ANALYSIS 117
15.1.3 PRODUCT PORTFOLIO 118
15.1.4 RECENT DEVELOPMENTS 120
15.2 GUARDIAN INDUSTRIES HOLDINGS SITE 122
15.2.1 COMPANY SNAPSHOT 122
15.2.2 PRODUCT PORTFOLIO 122
15.2.3 RECENT DEVELOPMENTS 123
15.3 IKKGLASS 124
15.3.1 COMPANY SNAPSHOT 124
15.3.2 PRODUCT PORTFOLIO 124
15.3.3 RECENT DEVELOPMENT 124
15.4 AGC INC 125
15.4.1 COMPANY SNAPSHOT 125
15.4.2 REVENUE ANALYSIS 125
15.4.3 PRODUCT PORTFOLIO 126
15.4.4 RECENT DEVELOPMENT 128
15.5 DUBAI INVESTMENTS 129
15.5.1 COMPANY SNAPSHOT 129
15.5.2 REVENUE ANALYSIS 129
15.5.3 PRODUCT PORTFOLIO 130
15.5.4 RECENT DEVELOPMENTS 131
15.6 ALMA 133
15.6.1 COMPANY SNAPSHOT 133
15.6.2 PRODUCT PORTFOLIO 133
15.6.3 RECENT DEVELOPMENT 133
15.7 ARABIAN PROCESSING GLASS CO 134
15.7.1 COMPANY SNAPSHOT 134
15.7.2 PRODUCT PORTFOLIO 134
15.7.3 RECENT DEVELOPMENT 134
15.8 GLAS TRÖSCH HOLDING AG 135
15.8.1 COMPANY SNAPSHOT 135
15.8.2 PRODUCT PORTFOLIO 135
15.8.3 RECENT DEVELOPMENTS 137
15.9 OBEIKAN GLASS COMPANY 138
15.9.1 COMPANY SNAPSHOT 138
15.9.2 REVENUE ANALYSIS 138
15.9.3 PRODUCT PORTFOLIO 139
15.9.4 RECENT DEVELOPMENTS 139
15.10 QGI 140
15.10.1 COMPANY SNAPSHOT 140
15.10.2 PRODUCT PORTFOLIO 140
15.10.3 RECENT DEVELOPMENT 140
15.11 REGIONGLASS 141
15.11.1 COMPANY SNAPSHOT 141
15.11.2 PRODUCT PORTFOLIO 141
15.11.3 RECENT DEVELOPMENT 141
15.12 SAINT-GOBAIN 142
15.12.1 COMPANY SNAPSHOT 142
15.12.2 REVENUE ANALYSIS 142
15.12.3 PRODUCT PORTFOLIO 143
15.12.4 RECENT DEVELOPMENT 147
15.13 ZOUJAJ 148
15.13.1 COMPANY SNAPSHOT 148
15.13.2 PRODUCT PORTFOLIO 148
15.13.3 RECENT DEVELOPMENTS 148
16 QUESTIONNAIRE 149
17 RELATED REPORTS 152