The MEA flat glass market is estimated to grow at a compound annual growth rate of 8.62% during the period 2017 - 2022. 25% of the total flat glass production is made using low-quality float process. But, utilization of low-quality flat glass is declining with increasing market awareness by big players.
The MEA flat glass market has been broadly segmented by verticals into the automotive industry, construction industry, solar energy industry and others. Construction industry dominated the flat glass market in the Middle East and Africa region owing to rebounding real estate sector and increasing demand for innovative products coming in from the region.
Growing solar energy market due to increasing dependence on the renewable energy sources along with the subsidies available on the energy storage is anticipated to propel the growth of the market thus accelerating the glass demand in the MEA market.
The market has also been geographically segmented into countries such as United Arab Emirates, Saudi Arabia, South Africa and others.
The industry is highly consolidated with top four players having a market share of 60-65%. Dynamic shifts in the standards of the products, like light weighting, non-fragile is making the flat glass manufacturers to practice latest technological innovations. Some of the players mentioned in the report are Saint-Gobain, Schott Glass, Sisecam, Euroglass, NSG and Asahi Glass.
Factors like increasing urbanization, the rise in real estate sector and product innovation in terms of characteristics are some of the factors driving the growth of the market.
The increase in raw material prices is the challenge being faced by the industry.
Market analysis for the Middle East and Africa flat glass market, with country-specific assessments and competition analysis on a country scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a country scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Middle East and Africa flat glass market on a country scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights into the major countries in which this industry is growing and also identify the regions that are still untapped.
1.1 Study Deliverables
1.2 Market Definition
1.3 Study Assumptions
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.2.1 Rapid Urbanization
4.2.2 Growing Electronic Display Demand
4.3.1 Increase in Raw Material Prices
4.4.1 Increasing Building Constructions
4.5 Industry Value-Chain Analysis
4.5 Industry Attractiveness - Porters Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat from New Entrants
4.5.4 Threat from Substitute Products
4.5.5 Competitive Rivalry within the Industry
4.6 Industry Policies
5. Middle East and Africa Flat Glass Market Segmentation – By Product
5.1 Tempered glass
5.2 Laminated glass
5.3 Basic float glass
5.4 Insulating glass
6. Middle East and Africa Flat Glass Market Segmentation – By Vertical
6.1 Automotive Industry
6.2 Construction Industry
6.3 Solar Energy Industry
7. Middle East and Africa Flat Glass Market Segmentation – By Application
8. Flat Glass Market Segmentation - By Region
8.1 Middle East and Africa
8.1.4 Saudi Arabia
9. Competitive Intelligence - Company Profiles
9.1 Saint Gobain
9.3 Schott Glass
9.9 Cardinal Glass Industries
9.11 Hebei Tong Yong Glass Industry Co. Ltd.
9.12 Asahi glass
9.13 Hebei Xingtai Jinniu Glass Co. Ltd.
10. Investment Analysis
10.1 Recent Mergers and Acquisitions
10.2 Investment Scenario and Opportunities
11. Future of Flat Glass Market