Middle East and Africa Float Glass Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Type (Clear Glass, Tinted Glass, Textured Glass, and Others) and Application (Automotive and Transportation, Building and Construction, Electronics, and Others)

No. of Pages: 116
Report Code: TIPRE00027056
Category: Chemicals and Materials
Middle East and Africa Float Glass Market
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The MEA float glass market is expected to grow from US$ 3,609.00 million in 2021 to US$ 5,119.27 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028.

 

In recent years, there have been various technological advancements. Also, there has been an increase in the trend of using float glass in the solar industry. The manufacturers are providing highly scalable and reliable float glass for the solar industry. For instance, AGC provides ultra-low-iron solar float glass with a highly robust and durable anti-reflecting coating. The company offers float glass of 2 mm to 4 mm front and rear panels for the latest glass-glass photovoltaic modules. Along with this, Pilkington provides Pilkington Optiwhite, a range of extra clear low iron float glass having high solar transmittance, providing improved solar energy conversion and consistent performance. The low iron float glass is ideal for thin-film photovoltaics, crystalline silicon photovoltaics, concentrated solar power technology, solar thermal collectors, and solar mirrors. Along with this, the manufacturers are focusing on establishing float glass manufacturing capacities for the solar industry. Thus, an increasing trend of using float glass in the solar industry is expected to drive the MEA market in the coming years. 

 

In case of COVID-19, MEA is highly affected especially South Africa, followed by Saudi Arabia and UAE, among others. UAE was the first country in MEA to report a confirmed case of COVID-19. The impact of lockdown in the Middle Eastern and African countries was that various chemicals & materials companies remained closed leading to the reduction in the sale of various products that negatively impacted the market for float glass in the region. The construction industry in the MEA is recovering post COVID-19; according to the RICS report, the 2021 Construction Activity Index (CAI) for the region posted a reading of +8 in Q2 compared to +3 in Q1, posting its strongest reading since Q2 2020. The infrastructure and private residential projects in the MEA are expected to gather momentum, while expectations are also slightly positive for the private non-residential sector. Thus, a recovering construction industry will have a positive impact on the float glass market.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA float glass market. The MEA float glass market is expected to grow at a good CAGR during the forecast period.   

 

MEA Float Glass Market Revenue and Forecast to 2028 (US$ Million)  

  

MEA Float Glass Market Revenue and Forecast to 2028 (US$ Million)  

MEA Float Glass Market Segmentation        

MEA Float Glass Market – By Type

  • Clear Glass
  • Tinted Glass
  • Textured Glass
  • Others

MEA Float Glass Market – By Application

  •  Automotive and Transportation
  • Building and Construction
    • Residential
    • Commercial 
    • Industrial
  • Electronics
  • Others

MEA Float Glass Market, by Country

  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of GCC
  • Rest of MEA

MEA Float Glass Market - Companies Mentioned

  • AGC Inc.
  • China Glass Holdings Limited
  • Guardian Industries Holdings
  • Nippon Sheet Glass Co., Ltd
  • SCHOTT AG 
  • Xinyi Glass Holdings Limited

Middle East and Africa Float Glass Market Strategic Insights

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Middle East and Africa Float Glass Market Segmentation Analysis

Middle East and Africa Float Glass Market Report Highlights

Middle East and Africa Float Glass Report Scope

Report Attribute Details
Market size in 2021 US$ 3,609.00 Million
Market Size by 2028 US$ 5,119.27 Million
CAGR (2021 - 2028) 5.1%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Clear Glass
  • Tinted Glass
  • Textured Glass
By Application
  • Automotive and Transportation
  • Building and Construction
  • Electronics
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AGC Inc.
  • China Glass Holdings Limited
  • Guardian Industries Holdings
  • Nippon Sheet Glass Co., Ltd
  • SCHOTT AG
  • Xinyi Glass Holdings Limited
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Middle East and Africa Float Glass Market Country and Regional Insights

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The List of Companies - Middle East and Africa Float Glass Market

  1. AGC Inc.
  2. China Glass Holdings Limited
  3. Guardian Industries Holdings
  4. Nippon Sheet Glass Co., Ltd
  5. SCHOTT AG
  6. Xinyi Glass Holdings Limited
Frequently Asked Questions
How big is the Middle East and Africa Float Glass Market?

The Middle East and Africa Float Glass Market is valued at US$ 3,609.00 Million in 2021, it is projected to reach US$ 5,119.27 Million by 2028.

What is the CAGR for Middle East and Africa Float Glass Market by (2021 - 2028)?

As per our report Middle East and Africa Float Glass Market, the market size is valued at US$ 3,609.00 Million in 2021, projecting it to reach US$ 5,119.27 Million by 2028. This translates to a CAGR of approximately 5.1% during the forecast period.

What segments are covered in this report?

The Middle East and Africa Float Glass Market report typically cover these key segments-

  • Type (Clear Glass, Tinted Glass, Textured Glass)
  • Application (Automotive and Transportation, Building and Construction, Electronics)

What is the historic period, base year, and forecast period taken for Middle East and Africa Float Glass Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Float Glass Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Middle East and Africa Float Glass Market?

    The Middle East and Africa Float Glass Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • AGC Inc.
  • China Glass Holdings Limited
  • Guardian Industries Holdings
  • Nippon Sheet Glass Co., Ltd
  • SCHOTT AG
  • Xinyi Glass Holdings Limited
  • Who should buy this report?

    The Middle East and Africa Float Glass Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East and Africa Float Glass Market value chain can benefit from the information contained in a comprehensive market report.

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