Global Automotive Glass Market Overview :
Global Automotive Glass market is estimated to reach $21.6 Billion by 2025; growing at a CAGR of 5.5% till 2025. Automotive glass is produced as laminated glass and tempered glass. Laminated glass are used for windshield whereas tampered glass is used for side and back windows. The main purpose of automotive glass is better visibility, protection from outside weather such as fog, rain, and sunlight. Moreover, it acts as a barrier from external noise and offers better aerodynamics. Stringent rules and regulations of government about passenger’s safety are driving the production of the automotive glass. Additionally, escalation in a number of the population having disposable income and technological advancements in developing countries is fueling the market growth.
Global Automotive Glass Market: Growth Factors
The escalation in demand for automobiles in developing countries and rising concerns about passenger’s safety are the factors driving the market growth. However, high investment required for initial set up and other effective option such as polycarbonate glazing might hinder the market growth. Rising applications of glass might drive the market is near future.
Global Automotive Glass Market: Segmentation
The global automotive glass market is mainly classified on the basis of product, application, end use, and vehicle type. Based on the product, the market is categorized as tempered automotive glass, laminated automotive glass, and other automotive glass. On the basis of application, the market is divided into windscreen, backlight, sideline, and sunroof. Based on the end-user, the market is classified as OEM and ARG. On the basis of vehicle, the market is divided into a passenger car, light commercial vehicle, and heavy commercial vehicle.
Global Automotive Glass Market: Regional Analysis
Based on geography, the global automotive glass market is divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further categorized as U.S., Canada, and Mexico, where Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is divided into South America, the Middle East, and Africa
Global Automotive Glass Market: Competitive Players
Key players operating in the market include Asahi Glass Co., Ltd., Central Glass Company, Corning Incorporated, Fuyao Glass Industry Group Co., Ltd., Duratuf Glass Industries (P) Ltd, Nippon Sheet Glass Company Limited, Guardian Industries, Saint-Gobain, Xinyi Glass Holdings Limited, Shenzhen Benson Automobile Glass Co., Ltd, and Taiwan Autoglass Ind. Corp.
Automotive Glass Market Key Segments:
- Tempered automotive glass
- Laminated automotive glass
- Other automotive glass
By End Use
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East
Key Market Players
- Asahi Glass Co., Ltd.
- Central Glass Company
- Corning Incorporated
- Fuyao Glass Industry Group Co., Ltd.
- Duratuf Glass Industries (P) Ltd
- Nippon Sheet Glass Company Limited
- Guardian Industries
- Xinyi Glass Holdings Limited
- Shenzhen Benson Automobile Glass Co., Ltd
- Taiwan Autoglass Ind. Corp.
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market