Non-metallic Minerals Market in Romania 2016-2020

Overview of the non-metallic minerals market in Romania

According to Technavio’s market research analysts, the market for non-metallic minerals in Romania will exhibit rapid growth during the forecast period and will be positively affected by the augmented demand for decorative glass products. In this market, manufacturers are focusing on enhancing their presence in segments like decorative glass as the demand for such products from residential end-users has been on the rise since 2012. The demand for decorative glasses will be high due to an increase in non-essential expenditure by households. Rising GDP growth in the country has contributed to an increase in per capita income; thereby, leading to consumer spending on such decorative products. This market research estimates that the non-metallic minerals market in Romania will grow at a CAGR of over 5% by 2020.

Recent provisions for value-added services will also help to spur this market’s growth prospects over the next few years. In this market, most manufacturers of non-metallic products, such as glass, offer basic and semi-finished products that are processed further by other companies in the supply chain. For instance, Transparent Design is a company that procures glass from manufacturers such as Saint-Gobain and processes it further. Its product portfolio includes processed and custom-made glass products such as balustrades. Other high-quality, value-added services offered by the company include glass laminating, sandblasting, painting, cutting, edge polishing, and tempering. Since these benefits provide companies with a competitive advantage, their revenue generating capacity will increase significantly over the next few years.

Competitive landscape and key vendors

This market is fragmented owing to the presence of more than 500 manufacturers. Though foreign manufacturers dominate the market, there are a number of indigenous manufacturers that offer cost-effective products, particularly for residential end-users. Consumers in this segment have a high degree of confidence in retail stores. Consequently, most of the manufacturers have started focusing on enhancing their sales through this channel.

Key manufacturers analyzed in this market study are -

• AGC Flat Glass Romania
• BTC Glass Design
• Carmeuse Holding
• Frigoglass
• Guardian
• Helios Bricks
• KAI Group
• OD Tehnic
• Pilkington
• Rovese
• Saint-Gobain
• Sanex
• Schott
• Şişecam
• Stil Glass
• TE-MA Romania
• Tremag
• Yioula Glassworks

Segmentation by type of products and analysis of the non-metallic minerals market in Romania

• Glass and glass-based products
• Porcelain and ceramic products (excluding ceramic tiles and flags)
• Clay-based building materials
• Stone-based products
• Refractory products

According to Technavio’s market research analyst, the glass and glass-based products segment dominated this market and accounted for an impressive market share of more than 40% during 2015. Much of this segment’s growth can be attributed to the high demand for decorative glass products from residential end-users. Additionally, the rising demand for customized glass products from commercial end-users will also help in the strong growth of this market segment over the next few years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the non-metallic minerals market in Romania?
• What are the key market trends impacting the growth of the non-metallic minerals market in Romania?
• What are the challenges to market growth?
• Who are the key vendors in the non-metallic minerals market in Romania?
• What are the market opportunities and threats faced by the vendors in the non-metallic minerals market in Romania?
• Trending factors influencing the market shares in Romania.
• What are the key outcomes of the five forces analysis of the non-metallic minerals market in Romania?

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