Lucintel Forecasts the Middle Eastern Glass Fiber Market to Reach $1 Billion by 2030
Lucintel Forecasts the Middle Eastern Glass Fiber Market to Reach $1 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the Middle Eastern glass fiber market looks promising with opportunities in the transportation, marine, pipes & tanks, and construction in end use. The Middle Eastern glass fiber market is expected to reach an estimated $1 billion by 2030 with a CAGR of 3% from 2023 to 2030. The major drivers for this market are growth in the rise in demand for glass fiber composites.
Browse 80 figures/charts and 20 tables in this 110-page to understand trends, opportunity and forecast in Middle Eastern glass fiber market to 2030 by end use (pipes & tanks, construction, transportation, marine, and others) and country (Saudi Arabia, UAE, Egypt, and Iran).
Lucintel forecasts that pipe & tanks will remain the largest end use segment over the forecast period due to growth in oil and gas exploration activities and construction of water supply system.
Saudi Arabia is expected to remain the largest market for Middle Eastern glass fiber because of growth in end use industries. Iran is expected to witness the highest growth over the forecast period because of increased investment in large-scale infrastructure and industrial projects.
Jushi Egypt Fiberglass, Sharico, SABIC, Abhasain Fiberglass are the major suppliers in the Middle Eastern glass fiber market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056