Growth Opportunities in the UAE Flat Glass Market look promising over the next six years. This is mainly due to the increasing expenditure on electronics and automobiles among consumers, rising flat glass utility in the automobile industry amongst the consumer base, growing ecological issues associated with recycling glass materials and managing pollutant levels, and rising urbanization.
UAE Flat Glass Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The major factors contributing to the growth of the UAE flat glass market including the rising use of glass material in the construction and infrastructural projects in the nation. The increasing expenditure on electronics and automobiles among consumers and the rising urbanization will further surge the growth of the UAE flat glass market. Furthermore, the growing government initiatives in emerging sustainable smart cities for optimizing solar energy, restricting the height of construction, incorporating transportation and ecological sustainability like Abu Dhabi’s Masdar City Project 2006, further stimulate growth of the market. As per the UAE flat glass market report, the rising flat glass utility in the automobile industry amongst the consumer base will further support the growth of the UAE flat glass market. Moreover, the growing ecological issues associated with recycling glass materials and managing pollutant levels will open doors for the growth of the UAE flat glass market. On the other hand, the increasing costs of raw materials will hamper the growth of the UAE flat glass market.
Product Type Segment Drivers
Based on Product Type, the tempered is projected to lead the market in the coming years due to the rising investment in construction activities. Furthermore, tempered glass provides remarkable advantages like mechanical strength and high-temperature resistance, which will further fuel the growth of the market.
Application Segment Drivers
Based on application, the architecture is predicted to rise at a faster CAGR during the forecast period due to the increasing use of the flat glass material in the infrastructure programs and architectural development in cities such as Dubai. In addition to this, various major players are heavily investing in architectural development to fulfill the demand of the consumers, which will bring numerous new opportunities for the growth of the market.
UAE Flat Glass Market’s leading Manufacturers:
- Burhani Glass factory LLC
- Emirates Glass LLC
- Royal World Group
- Spectrum Glass and Metal Factory LLC
- Dubai Glass Industry
- Gulf Glass Industries Co. Ltd.
- Saint-Gobain S.A
- Guardian Industries
- Emirates Float Glass LLC
UAE Flat Glass Market Segmentation:
Segmentation by Product Type:
- Basic Float Glass
- Toughened Glass
- Coated Glass
- Laminated Glass
- Extra Clear Glass
- Others
Segmentation by Technology:
- Float
- Rolled
- Sheet
Segmentation by End-Use Industry:
- Architectural
- Automotive & Transportation
- Others
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