Gulf Cooperation Council Float Glass Market Size & Outlook
Gulf Cooperation Council float glass market, 2018-2031 (US$M)
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Gulf Cooperation Council float glass market highlights
- The Gulf Cooperation Council float glass market generated a revenue of USD 824.4 million in 2022 and is expected to reach USD 1,188.5 million by 2031.
- The Gulf Cooperation Council market is expected to grow at a CAGR of 4.1% from 2023 to 2031.
- In terms of segment, clear was the largest revenue generating product in 2022.
- Clear is the most lucrative product segment registering the fastest growth during the forecast period.
Float glass market data book summary
| Market revenue in 2022 | USD 824.4 million |
| Market revenue in 2031 | USD 1,188.5 million |
| Growth rate | 4.1% (CAGR from 2022 to 2031) |
| Largest segment | Clear |
| Fastest growing segment | Clear |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2031 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clear, Tinted, Reflective, Mirror, Other |
| Key market players worldwide | AGC Inc, Asahi Group Holdings Ltd, As One Corp, Central Glass Co Ltd, Koch Industries, Fuyao Glass Industry Group Co Ltd ADR, Nippon Steel Corp, Compagnie de Saint-Gobain SA, Schott Pharma AG & CO KGaA, Turkiye Sise ve Cam Fabrikalari AS ADR, Virco Manufacturing Corp, Xinyi Glass Holdings Ltd |
Other key industry trends
- In terms of revenue, Gulf Cooperation Council accounted for 1.8% of the global float glass market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2031.
- In Middle East & Africa, Gulf Cooperation Council float glass market is projected to lead the regional market in terms of revenue in 2031.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 749.6 million by 2031.
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Float Glass Market Scope
Float Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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Gulf Cooperation Council float 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 float glass market will help companies and investors design strategic landscapes.
Clear was the largest segment with a revenue share of 61.01% in 2022. Horizon Databook has segmented the Gulf Cooperation Council float glass market based on clear, tinted, reflective, mirror, other covering the revenue growth of each sub-segment from 2018 to 2031.
The countries in the Middle East are expected to witness significant economic growth in the coming years owing to economic diversification initiatives undertaken by the governments to reduce their dependence on the oil & gas industry.
This is expected to support the growth of the manufacturing, tourism, and construction industries, boost regional production, and reduce reliance on exports of oil & gas. Also, In October 2023, Hyundai and the Public Investment Fund (PIF), which is Saudi Arabia's sovereign wealth fund, announced their joint venture to construct an advanced automotive manufacturing facility in Saudi Arabia.
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Our clientele includes a mix of float glass market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Gulf Cooperation Council float glass market , including forecasts for subscribers. This country databook contains high-level insights into Gulf Cooperation Council float glass market from 2018 to 2031, including revenue numbers, major trends, and company profiles.
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Gulf Cooperation Council float glass market size, by product, 2018-2031 (US$M)
Gulf Cooperation Council Float Glass Market Outlook Share, 2022 & 2031 (US$M)
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