GCC Tempered Glass Market

Tempered glass is a single sheet glass that is manufactured by controlled thermal processes or chemical treatment to improve its strength as compared to annealed glass. Tempered glass, also known as toughened glass, involves the glass panel to a very high degree and provides superior properties such as high strength and safety features. It is used in various applications for manufacturing products such as bulletproof products, architectural doors & tables, refrigerator trays & tables, vehicle passenger windows, mobile screen protectors, shower doors, cookware, tables bulletproof products and diving masks. Moreover, various raw materials such as calcium oxide, nickel-sulfide, silicon dioxide, and sodium oxide are used in the manufacturing of tempered glass products. Tempered glass is used in end users including automotive, construction and others. It is used in interior and exterior elements of various structures such as large windows, skylights, sliding doors, and windows in construction end-user.

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Growing demand for glass and glass-related products, along with the increasing usage of tempered glass in various end-user are the key factors driving the GCC tempered glass market. Growing awareness about the tempered glass benefits in the construction and automotive industries among consumers will boost the demand of the GCC tempered glass market. Moreover, the growing usage of tempered glass as a mobile accessory, coupled with the rising demand for improved infrastructure facilities will further propel the GCC tempered glass market during the forecast period. Increasing disposable income, followed by the improved standard of living of consumers will increase the demand for tempered glass in the GCC.

Continuous technological advancements and stringent government regulations regarding reducing carbon emission will enhance the growth of the GCC tempered glass market. Rising construction spending in various countries and growing demand for durable building materials will promote the growth of the GCC tempered glass market in upcoming years. Furthermore, the increasing use of tempered glass for safety purposes in glass-related products will drive the GCC tempered glass market. However, the high usage of laminated glass in the various end-user owing to various beneficial features such as lightweight and anti-breakage properties may hamper the GCC tempered glass market. Instability in raw material costs will further hinder the market growth of GCC tempered glass in upcoming years.

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Based on end-user, the tempered glass segment is expected to grow at a higher CAGR during the forecast period. The tempered glass is used in the construction end-user such as glazed razors, building facades, canopies, among others. It provides interior and exterior elements in order to enhance its aesthetic value and avoid fragility in the construction industry. Moreover, tempered glass is also used in the automotive industry for the manufacturing of backlights and windows which will boost the GCC tempered glass market during the forecast period.

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Based on the countries, the GCC tempered glass market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the rest of GCC. The growing number of infrastructure projects will increase the demand for tempered glass in Saudi Arabia and UAE, which will drive the growth of the GCC tempered glass market during the forecast period. Rising expenditure on construction and infrastructure projects will drive the tempered glass market in UAE. Moreover, increasing per capita, along with the rising spending on new construction projects will further boost the demand in various countries in the GCC tempered glass market in upcoming years.

Various notable players operating in the market include Saint-Gobain S.A., AGC Group, Schott AG, PPG Industries, Guardian Industries, Nippon Sheet Glass Co. Ltd, and AFG Industries, among others.

The GCC tempered glass market has been segmented based on end-user and key countries. Based on end-user, the market is segmented automotive, construction and others. Based on countries, the market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the Rest of GCC.

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Key questions answered in this research report:

• • At what pace is the GCC tempered glass market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the GCC tempered glass market? What will be the impact of drivers and restraints in the future?
  • What are the various End-Users of the GCC tempered glass market and how they are poised to grow?
  • Which End-User generated maximum revenues in 2019 and identify the most promising End-User during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

GCC Tempered Glass Market by End-User

• • Automotive
  • Construction
  • Others

GCC Tempered Glass Market by Countries

• • UAE Tempered Glass Market All-Up (Option 1: Free 25% Customization)
  • Saudi Arabia Tempered Glass Market All-Up (Option 2: Free 25% Customization)
  • Oman Tempered Glass Market All-Up (Option 3: Free 25% Customization)
  • Kuwait Tempered Glass Market All-Up (Option 4: Free 25% Customization)
  • Rest of GCC Tempered Glass Market All-Up (Option 5: Free 25% Customization)

GCC Tempered Glass Leading market players (Option 6: As a part of free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Saint-Gobain S.A.
  • AGC Group
  • Schott AG
  • PPG Industries
  • Guardian Industries
  • Nippon Sheet Glass Co. Ltd
  • AFG Industries