Saudi Arabia Fire-resistant Glass Market Size & Outlook
Saudi Arabia fire-resistant glass market, 2017-2028 (US$M)
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Saudi Arabia fire-resistant glass market highlights
- The Saudi Arabia fire-resistant glass market generated a revenue of USD 60.3 million in 2021 and is expected to reach USD 82.2 million by 2028.
- The Saudi Arabia market is expected to grow at a CAGR of 4.5% from 2022 to 2028.
- In terms of segment, ceramic was the largest revenue generating product in 2021.
- Gel-Filled is the most lucrative product segment registering the fastest growth during the forecast period.
Fire-resistant glass market data book summary
| Market revenue in 2021 | USD 60.3 million |
| Market revenue in 2028 | USD 82.2 million |
| Growth rate | 4.5% (CAGR from 2021 to 2028) |
| Largest segment | Ceramic |
| Fastest growing segment | Gel-Filled |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wired, Ceramic, Gel-Filled, Tempered |
| Key market players worldwide | Compagnie de Saint-Gobain SA, AGC Inc, Nippon Sheet Glass Co Ltd, Carl Zeiss Meditec AG, Glas Trösch, POLFLAM Sp. z o.o., Shandong Yaohua Glass Co., Diamond Glass, Pyroguard, SAFTI-First |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.4% of the global fire-resistant glass market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, UAE fire-resistant glass market is projected to lead the regional market in terms of revenue in 2028.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 82.2 million by 2028.
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Fire-Resistant Glass Market Scope
Fire-Resistant Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia fire-resistant glass market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fire-resistant glass market will help companies and investors design strategic landscapes.
Ceramic was the largest segment with a revenue share of 39.64% in 2021. Horizon Databook has segmented the Saudi Arabia fire-resistant glass market based on wired, ceramic, gel-filled, tempered covering the revenue growth of each sub-segment from 2017 to 2028.
In the recent past, housing sector in the GCC countries has not performed well. This is mainly due to decline in oil prices and economic slowdown. However, over the coming years, the construction market is projected to perform well owing to the investments in residential construction, energy, and transport infrastructure.
Certain countries in the region including Saudi Arabia are likely to reduce their dependence on oil & gas sector, by giving more emphasis on infrastructural developments. Glass companies are showing interest to invest in Saudi Arabia as the companies observe increasing tourist population on account of natural beauty, history, and cultural landmarks in the country.
The climate in Saudi Arabia observes a constant risk of accidental fire break out. As a result, it becomes essential to incorporate fire resistant materials and systems in all new buildings to avoid tragedies. Increase in construction spending is anticipated to positively influence the demand for fire-resistant glass in Saudi Arabia over the forecast period.
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Our clientele includes a mix of fire-resistant glass market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia fire-resistant glass market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia fire-resistant glass market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Saudi Arabia fire-resistant glass market size, by product, 2017-2028 (US$M)
Saudi Arabia Fire-Resistant Glass Market Outlook Share, 2021 & 2028 (US$M)
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