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.
Source:
http://www.glassinchina.com/news/newsDisplay_21930.html
