UAE Hermetic Packaging Market Size & Outlook, 2022-2030
UAE hermetic packaging market, 2018-2030 (US$M)
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UAE hermetic packaging market highlights
- The UAE hermetic packaging market generated a revenue of USD 28.8 million in 2022 and is expected to reach USD 39.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, ceramic to metal sealing was the largest revenue generating product in 2022.
- Reed Glass is the most lucrative product segment registering the fastest growth during the forecast period.
Hermetic packaging market data book summary
| Market revenue in 2022 | USD 28.8 million |
| Market revenue in 2030 | USD 39.9 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Ceramic to metal sealing |
| Fastest growing segment | Reed Glass |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramic to Metal Sealing, Glass to Metal Sealing, Transponder Glass, Reed Glass, Passivation Glass |
| Key market players worldwide | Niterra Co Ltd, Schott Pharma AG & CO KGaA, AMETEK Inc, Amkor Technology Inc, Texas Instruments Inc, Teledyne Technologies Inc, Kyocera Corp, Materion Corp, Egide SA, Micross Components |
Other key industry trends
- In terms of revenue, UAE accounted for 0.8% of the global hermetic packaging market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia hermetic packaging market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 39.9 million by 2030.
Ceramic to metal sealing was the largest segment with a revenue share of 51.74% in 2022. Horizon Databook has segmented the UAE hermetic packaging market based on ceramic to metal sealing, glass to metal sealing, transponder glass, reed glass, passivation glass covering the revenue growth of each sub-segment from 2018 to 2030.
The Ruwais derivatives park in Abu Dhabi is a major project which is expected to create an important industrial sector for the UAE. To monitor and control the manufacturing in refineries and chemical production plants various semiconductors, microcontrollers, and sensors are used.
This growth in semiconductors will increase demand for the hermetic packaging. Apart from the renewable energy sources, UAE is also working on the non-renewable energy resources like establishment of solar panels in the arid areas.
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Hermetic Packaging Market Scope
Hermetic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE hermetic packaging market size, by product, 2018-2030 (US$M)
UAE Hermetic Packaging Market Outlook Share, 2022 & 2030 (US$M)
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