Unprecendented Growth Forecast for Middle Eastern Glass Industry

Accelerated development of new construction and infrastructure projects is driving glass industry growth for the Gulf Cooperation Council countries, according to an Aug. 4 Albawaba Business article. New high-rise construction continues to drive demand for flat glass within GCC countries, while manufacturing, automotive and transportation projects drive growth globally.

According to the UK-based Bowmedia Group’s market intelligence report on the global glass industry trends, the global market value of fabricated flat glass is forecast to reach $90 billion in 2016, benefiting from the rapid growth of energy-efficient products such as solar control panels, insulation and low-emissivity glass.

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