Middle East & Africa low-e glass market is expected to reach at a CAGR of 6.5% in the forecast period 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
In order to be able to fulfill rising demand, the chemical industry invests billions of dollars each year in new and sustaining capital. Chemicals and materials are omnipresent in contemporary life, therefore major changes will be required for chemical makers to function in a changing geopolitical environment on a global scale, either proactively or reactively. Chemical firms will probably need to prepare for difficulties in the upcoming year, such as global inflation and oil price instability.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
Market Segmentation
By Type (Hard Coat Low-E Glass, Soft Coat Low-E Glass), Coating Type (Passive Low-E Coating, Solar Control Low-E Coating), Coating Material (Metallic, Semi-Conductive Coating), Glazing (Single Low-E Glazing, Double Low-E Glazing, Triple Low-E Glazing),Technology (Pyrolytic Process (On-Line), Sputtered Process(Off-Line)), End-User (Construction, Transportation), Country (United Arab Emirates, Saudi Arabia, Israel, Egypt, South Africa, Rest of Middle East and Africa)
Major growing sectors under the market segmentation are as follows;
On the basis of type, the hard coat low-e insulated glass dominated the market in 2018 and is expected to record the fastest growth, witnessing highest CAGR, during the forecast period of 2019-2026. This is majorly due to the low price and durability of the hard coat low-e insulated glass, as compared to the soft coat low-e insulated glass. However, soft coat low-e insulated glass is anticipated to record the fastest growth during the forecast period of 2019-2026
On the basis of coating type, passive low-e coating dominated the market in 2018 and is expected to record the fastest growth, witnessing highest CAGR, during the forecast period of 2019-2026. This is majorly due to the high demand for the hard coat low-e insulated glass, in the region, as hard coat low-e insulated glass is produced by passive low-e coating.
On the basis of coating material, metallic segment dominated the market and is expected to record the fastest growth, witnessing highest CAGR, during the forecast period of 2019-2026. This dominance is majorly attributed to its economical production and superior performance when compared to other coating materials.
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On the basis of glazing, single low-e glazing dominated the market in 2018. This is majorly due to the low price and durability of the single low-e glazing glass. However, double low-e glazing and is expected to record the fastest growth, witnessing highest CAGR, during the forecast period of 2019-2026.
On the basis of technology, pyrolytic process also known as on-line process dominated the market in 2018, and is expected to record the fastest growth, witnessing highest CAGR, during the forecast period of 2019-2026. As this process is cheap and produces more durable grade of products.
On the basis of end-user, construction segment dominated the market in 2018 and is expected to record the fastest growth, witnessing highest CAGR, during the forecast period of 2019-2026. This is majorly due to the rising awareness regarding its beneficial properties such as reduced heating and cooling expense in residential and commercial spaces
Key Market Players
The key market players for Middle East & Africa low-e glass market are listed below;
Saint Gobain S.A.
AGC Inc.
Nippon Sheet Glass Co., Ltd.
CSG Holdings Co. Ltd.
Metro Performance Glass
Qingdao Migo Glass Co., Ltd.
Arcon Flachglas-Veredlung GmbH & Co. KG
Taiwan Glass Ind. Corp.
Central Glass Co., Ltd.
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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