Market Research Report
Automotive Glazing Market Analysis By Product (Tempered & Laminated Glass, Polycarbonate), By Application (Front & Rear Windshield, Sidelites, Sunroof), By End-use, And Segment Forecasts, 2014 - 2025
|Published by||Grand View Research, Inc.||Product code||600781|
|Published||Content info||141 Pages
Delivery time: 2-3 business days
|Automotive Glazing Market Analysis By Product (Tempered & Laminated Glass, Polycarbonate), By Application (Front & Rear Windshield, Sidelites, Sunroof), By End-use, And Segment Forecasts, 2014 - 2025|
|Published: December 4, 2017||Content info: 141 Pages||
The global automotive glazing market is expected to reach USD 33.02 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for advanced passenger protection in automobile owing to rising road fatalities is expected to propel growth for glazing systems.
Automotive production volume is the primary factor influencing the industry trends. Growing acceptance of lightweight components in cars contributing to improved fuel efficiency is expected to propel industry growth. Innovations in the glazing technology by industry players to offer high impact bearing materials with attractive colors and designs is likely to drive demand.
Nippon Sheet Glass Company Limited (NSG), Asahi, Saint Gobain S.A. and Fuyao Glass Industry Group Co., Ltd. together dominated the industry in 2016 accounting over 70% of the overall demand. The new entrants are likely to face a threat from these giants owing to their large production capacities, well-established consumer base, and the broad geographical reach.
Glass has been dominating the industry and accounted for a share of over 95% of the overall consumption in 2016. However, rising inclination of automotive manufacturers to replace the glass with lightweight polycarbonate materials is expected to hamper its share. As a result, the industry players are likely to invest in plastic glazing technologies to meet the rising product demand.