Middle East & Africa Float Glass Market Size & Outlook
Middle East & Africa float glass market, 2018-2031 (US$M)
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MEA float glass market highlights
- The MEA float glass market generated a revenue of USD 3,360.9 million in 2022.
- The market is expected to grow at a CAGR of 4.4% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2031.
MEA data book summary
| Market revenue in 2022 | USD 3,360.9 million |
| Market revenue in 2031 | USD 4,946.4 million |
| Growth rate | 4.4% (CAGR from 2022 to 2031) |
| Largest segment | Clear |
| Fastest growing segment | Clear |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 7.5% of the global float glass market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2031.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,839.1 million by 2031.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Float Glass Market Scope
Float Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 61.85% in 2022. Horizon Databook has segmented the Middle East & Africa float glass market based on clear, tinted, reflective, mirror, other covering the revenue growth of each sub-segment from 2018 to 2031.
The Middle East & African glass manufacturing market is anticipated to witness growth over the forecast period owing to rising investments in construction activities and automotive production facilities.
For instance, in May 2023, Oman's Sultan Haitham announced the initiation of a new urban project near Muscat, referred to as Sultan Haitham City. The primary objective of this project is to offer affordable housing options for citizens with low incomes.
Upon its completion, the city will have the capacity to accommodate up to 100,000 residents. It will be equipped with essential facilities including educational institutions, places of worship, healthcare centers, a university, and shopping centers.
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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 continent-level data and insights on the Middle East & Africa float glass market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa float glass market from 2018 to 2031, including revenue numbers, major trends, and company profiles.
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MEA float glass market size, by country, 2018-2031 (US$M)
Middle East & Africa Float Glass Market Outlook Share, 2022 & 2031 (US$M)
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