Lucintel's latest market report analyzed that Middle East glass fiber provides attractive opportunities in the transportation, marine, pipes & tanks, and construction. The Middle East glass fiber market is expected to reach $524.7 million by 2027 with a CAGR of 6.4%. In this market, pipe & tanks is the largest segment by end use. The cost optimization and performance enhancement of high performance glass fibers provides strategic growth path in this market.
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Based on end use, the Middle East glass fiber market is segmented into pipes & tanks, construction, transportation, marine, and others. The pipe & tanks segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to growth in oil and gas exploration activities and construction of water supply system.
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The Middle East Glass Fiber Market is marked by the presence of several big and small players. Some of the prominent players offering Middle East glass fiber include Jushi Egypt Fiberglass, Sharico, SABIC, Abahsain Fiberglass.
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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 click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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