Saudi Arabia Flat Glass Market

Saudi Arabia Flat Glass Market Overview

The flat glass is a set of soda-lime glasses manufactured by the float glass process and is widely used in architectural designing of the building. Flat glass is composed of melting sand, soda ash, and silica into the liquid to the desired thickness. It is extensively used in various applications such as doors, windows, furniture, solar cells, walls, cabinet closure, and tabletops in the construction & infrastructure domain. Flat glass includes a high amount of light transmission, high chemical inertness, and more clear visibility with actual color.

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Major Saudi Arabia Flat Glass Market Drivers

The major factors driving the Saudi Arabia flat glass market include the increasing use of the glass in aesthetic infrastructural projects and the strong demand among the automotive & transportation & solar energy. The inclination of the urbanization and high spending power among the millennium is propelling the growth of the Saudi Arabia flat glass market during the forecast period. Furthermore, the rising relevancy of the Future Saudi Cities Program to Vision 2030 for diversifying and developing opportunities to meet the needs of the population is further enhancing the growth of the Saudi Arabia flat glass market. In addition to this, the increasing consumer awareness for smart green cities with less pollutant area and upscaling quality of life which will bolster the Saudi Arabia flat glass market. Growing environmental concerns regarding recycling of the glass materials are projected to promote the growth of the Saudi Arabia flat glass market. However, the high price of the raw material will be hampering the growth of the Saudi Arabia flat glass market.

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Based on Product Type, the insulated segment is expected to grow at a higher CAGR during the forecast period owing to the high usage of insulated flat glass in residential and commercial buildings in Saudi Arabia. In addition to this, insulated flat glass offers superior performance that helps to reduce air conditioning and heating cost, which in turn, is projected to propel the market growth of this segment in the near future.

Based on Technology, Float segment is expected to grow at a faster CAGR during the forecast period. This is due to its unique properties such as superior quality flat glass features with a uniform thickness, bright appearance, high optical clarity, with excellent surface smoothness without air bubbles. Moreover, float glasses are widely used in the automobile windshields, doors, mirrors, furniture’s and window glazing, which will support the growth of the Float segment.

Based on End-Use Industry, Architectural segment is anticipated to dominate the Saudi Arabia flat glass market owing to the rapid growth in the construction and infrastructure sector driven by the increasing adoption of the architectural designs in building smart cities under the Vision of 2030 National Development Plan. For instance, in 2020, Crown Prince Mohammed bin Salman divulged the construction plan of NEOM, which is the world’s ultimate smart city and planned to complete by 2025. NEOM offers a hi-tech center for the world’s fastest-growing industries in the strategic trade locations like routes on the Red Sea, Gulf of Aqaba, and Suez Canal.

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Various notable players operating in the market include Saudi American Glass Company Limited, Obeikan Glass Company, Glaston Corporation, Emirates Glass LLC, Huntsman International LLC, Corning Incorporated, SCHOTT AG, Saint-Gobain S.A., Kingspan Group, and Guardian Industries, among others.

The Saudi Arabia Flat Glass market has been segmented based on Product Type, Technology, and Application. Based on Product Type, the market is segmented Basic, Tempered, Laminated, Insulated and Others. Based on Technology, the market is segmented Float, Rolled, and Sheet. Based on Application, the market is segmented Architectural, Automotive & Transportation, and Others.

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Market Segmentation

Saudi Arabia Flat Glass Market by Product Type

• • Basic
  • Tempered
  • Laminated
  • Insulated
  • Others

Saudi Arabia Flat Glass Market by Technology

• • Float
  • Rolled
  • Sheet

Saudi Arabia Flat Glass Market by Application

• • Architectural
  • Automotive & Transportation
  • Others

Saudi Arabia Flat Glass Market Leading market players (Option 1: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Saudi American Glass Company Limited
  • Obeikan Glass Company
  • Glaston Corporation
  • Emirates Glass LLC
  • Huntsman International LLC
  • Corning Incorporated
  • SCHOTT AG
  • Saint-Gobain S.A.
  • Kingspan Group
  • Guardian Industries