Automotive Glass Market By Type (Laminated, Tempered), By Application (Windshield, Sidelite, Sunroof, Backlite), By Vehicle Type (Passenger Cars, Commercial Vehicles), By End User (Original Equipment Manufacturer, Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2031
Automotive glass refers to the glass used in vehicles, including cars, trucks, buses, and other automobiles. This glass can be found in a variety of places on a vehicle, including the windshield, side windows, rear windows, and sometimes even the roof. It is specifically designed and manufactured to meet the unique requirements of the automotive industry, including safety, durability, and performance in extreme conditions. This includes features such as shatter resistance, heat resistance, UV protection, and optical clarity. The type of automotive glass used in a vehicle can vary depending on the manufacturer, model, and intended use of the vehicle.
The automotive glass market is driven by factors such as a growth in the application of smart glass in automobiles, a rise in demand for safety, comfort, and convenience features, and a growth in demand for electric and hybrid vehicles. however, high cost and intensive capital investment, and fluctuating raw material prices restrict the market growth. Moreover, an increase in the sale of vehicles and a rise in penetration of solar sunroof EVs create lucrative growth opportunities for the growth of the market.
In addition, automotive glass is designed to be highly durable and withstand the rigors of driving on the road. It can withstand impacts from debris and other objects, and it is also resistant to scratches and abrasions. Furthermore, one of the most important benefits of automotive glass is safety. For instance, windshields are made from laminated safety glass, which is designed to remain intact even when broken, preventing occupants from being ejected in the event of an accident also provides clear visibility in a variety of conditions, including rain, fog, and bright sunlight. It is also designed to reduce glare and improve overall visibility for the driver which in turn propels the demand of the automotive glass market.
The automotive glass market is segmented type, application, vehicle type, end-user, and region. On the basis of type, the market is bifurcated into laminated and tempered. On the basis of application, the market is segmented into windshield, sidelite, sunroof, and backlite. On the basis of vehicle type, the market is bifurcated into passenger cars and commercial vehicles. On the basis of end-users, it is bifurcated into Original Equipment Manufacturers (OEM) and aftermarket. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of type, the laminated glass was the highest revenue contributor to the market owing to enhanced sound insulation properties to reduce the noise levels inside the cabin also it is made by sandwiching a layer of polyvinyl butyral (PVB) between two or more layers of glass which provide better durability.
Some major companies operating in the market include Asahi Glass Co. (AGC), Nippon Sheet Glass Co., Ltd., Fuyao Group, Xinyi Glass, Saint Gobain S.A., Guardian Industries, Webasto SE, Magna International Inc., Corning Incorporated and Taiwan Glass Ind Corp.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global automotive glass market analysis from 2021 to 2031 to identify the prevailing global automotive glass market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the global automotive glass market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automotive glass market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeLaminated
Tempered
By ApplicationWindshield
Sidelite
Sunroof
Backlite
By Vehicle TypePassenger Cars
Commercial Vehicles
By End UserOriginal Equipment Manufacturer
Aftermarket
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Xinyi Glass Holdings Limited.
Corning Incorporated
Taiwan Glass Industry Corporation
Fuyao Group
Saint Gobain
Webasto Group
Guardian Industries
Magna International, Inc.
AGC Inc.
Nippon Sheet Glass Co., Ltd
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