Middle-East and Africa Flat Glass Market Size (2024 - 2029)

The Middle East and Africa flat glass market is experiencing growth, driven by increasing demand in sectors such as automotive and construction, despite previous disruptions caused by the COVID-19 pandemic. The market's expansion is supported by rising home sales and the need for new commercial spaces, alongside a growing interest in electronic displays. However, fluctuations in raw material prices pose challenges to this growth. Opportunities are anticipated in the automotive and solar industries, with Saudi Arabia identified as a key area for construction-related market expansion.

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Market Size of Middle-East and Africa Flat Glass Industry

Middle-East and Africa Flat Glass Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.50 %
Market Concentration High

Major Players

Middle-East and Africa Flat Glass Market Major Players

*Disclaimer: Major Players sorted in no particular order

Middle East and Africa Flat Glass Market Analysis

The Middle East and Africa flat glass market is projected to register a CAGR of over 3.5% during the forecast period.

COVID-19 negatively impacted the market in 2020 due to a disruption in the supply chain. During the pandemic, many factories responsible for raw material production for the flat glass industry were shut down. However, the market recovered in the 2021-22 period, owing to rising consumption from various end-user industries such as automotive, construction, and others. Over the past two years, rising home sales and increasing demand for new offices and retail spaces have driven the market's growth.

  • Over the short term, the growing demand for electronic displays and the increasing need for flat glass in the construction industry will be the major factors driving the growth of the studied market.
  • Conversely, fluctuating raw material prices may hinder the market's growth.
  • Advancements in the automotive industry and rising initiatives in the solar industry are likely to create opportunities for the market in the coming years.
  • Saudi Arabia remains the fastest-growing construction market in the region during the forecast period.

Middle East and Africa Flat Glass Industry Segmentation

Flat glass is produced by the float, sheet, rolled, or plate glass process and is used in windows, windshields, table tops, or similar products. It is manufactured by melting sand and other materials into a liquid, spreading the liquid (molten) glass to the desired thickness, and cooling it into the final product. The Middle East and Africa flat glass market is segmented by product type, end-user industry, and geography. By product type, the market is segmented into annealed glass, coater glass, reflective glass, processed glass, and mirrors. By end-user industry, the market is segmented into building and construction, automotive, solar, and other end-user industries. The report also covers the market size and forecasts for the Middle East and Africa flat glass market in five countries across the Middle East and African region. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Product Type
Annealed Glass
Coater Glass
Reflective Glass
Processsed Glass
Mirrors
End-user Industry
Building and Construction
Automotive
Solar
Other End-user Industries
Geography
Saudi Arabia
United Arab Emirates
Egypt
Nigeria
South Africa
Rest of Middle East and Africa
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Middle-East and Africa Flat Glass Market Size Summary

The Middle East and Africa flat glass market is experiencing a steady growth trajectory, driven by increasing demand from the construction and automotive sectors. The market, which faced challenges during the COVID-19 pandemic due to supply chain disruptions, has rebounded as home sales and the need for new offices and retail spaces have surged. The construction industry, particularly in Saudi Arabia, is a significant contributor to this growth, with numerous projects underway that require flat glass for various applications such as windows, facades, and solar protection. The region's focus on smart city initiatives and substantial investments in infrastructure further bolster the demand for flat glass, positioning the market for continued expansion over the forecast period.

Despite the promising growth prospects, the market faces challenges such as fluctuating raw material prices, which could impede progress. However, advancements in the automotive industry and initiatives in the solar sector present new opportunities for market players. The market is characterized by a consolidated landscape with key players like AGC Inc., Saint-Gobain, and GUARDIAN GLASS LLC leading the charge. Recent investments by companies such as Saint-Gobain and Vitro in new production facilities in Egypt highlight the region's potential and the strategic moves by industry leaders to capitalize on emerging opportunities. As the Middle East and Africa continue to develop, the flat glass market is poised to benefit from the region's dynamic economic and infrastructural growth.

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Middle-East and Africa Flat Glass Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Demand for Electronic Displays

      2. 1.1.2 Increasing Demand from the Construction Industry

    2. 1.2 Restraints

      1. 1.2.1 Fluctuating Raw Material Prices

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Revenue)

    1. 2.1 Product Type

      1. 2.1.1 Annealed Glass

      2. 2.1.2 Coater Glass

      3. 2.1.3 Reflective Glass

      4. 2.1.4 Processsed Glass

      5. 2.1.5 Mirrors

    2. 2.2 End-user Industry

      1. 2.2.1 Building and Construction

      2. 2.2.2 Automotive

      3. 2.2.3 Solar

      4. 2.2.4 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Saudi Arabia

      2. 2.3.2 United Arab Emirates

      3. 2.3.3 Egypt

      4. 2.3.4 Nigeria

      5. 2.3.5 South Africa

      6. 2.3.6 Rest of Middle East and Africa

Middle-East and Africa Flat Glass Market Size FAQs

The Middle-East and Africa Flat Glass Market is projected to register a CAGR of greater than 3.5% during the forecast period (2024-2029)

AGC Inc., Saint-Gobain, GUARDIAN GLASS LLC, Nippon Sheet Glass Co. Ltd and Sisecam Group are the major companies operating in the Middle-East and Africa Flat Glass Market.

Middle East and Africa Flat Glass Market Report Snapshots

Middle East and Africa Flat Glass Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)