Introduction of the Automotive Glass Market Report

Automotive glass provides a clear and undistorted view of the road and the surroundings. Extreme weather conditions can make driving difficult. Driving in conditions like rain, fog, and sun can affect one’s ability to see. With the expansion in the automotive industry, the demand for automotive glass is expected to rise over the forecast period.

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Market Dynamic

Key Drivers and Emerging Trends

The automotive glass market is majorly driven by the expansion in the automotive sector over the forecast period. As stated by “European Automobile Manufacturers Association”, the automotive sector represents 7% of Europe’s total GDP, and more than 18.5 million trucks, buses, and cars are manufactured per year, which shows the potential of the automotive sector. In addition, technological advancements in the automotive sector, along with continuous up gradation in the design of the vehicles, have forced market players to introduce novel products for automotive manufacturers. For example, in FY 2018-2019, AIS provided its products through an attractive product-portfolio for car models with several innovative changes, including solar green glass and acoustic PVB for Yaris and a 2.8mm backlit for the new Wagon R. Thus, this is further contributing to the growth of the automotive glass market size.

Restraint in the Automotive Glass Industry

However, high price raw materials and high energy consumption in the process are the factors that are expected to hamper the growth of the global automotive market share over the forecast period.

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Product – Segment Analysis

Based on the product, tempered automotive glass is expected to dominate the global automotive glass market over the forecast period. The product holds strength 4-5 times more than afloat and is more cost-effective than laminated automotive glass. As a result, it is the one of the ideal glass used in automotive, specifically for windows and backlit. Some of the attractive features of the product is robustness, high strength, low cost etc. are surging the growth of the market.

Vehicle Type – Segment Analysis

On the basis of vehicle type, passenger cars is expected to dominate the global automotive glass market over the forecast period. This is attributed to factors like alternating consumer trends, increasing middle-class population, and growing environmental concerns pertaining to low-emission on the roads.

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Regional – Segment Analysis:

On the basis of regional coverage, North America is expected to dominate the global automotive glass market over the forecast period. The economy has been witnessing an increase in the sale and production of commercial vehicles, which would subsequently drive the demand for automotive glass. For example, GM in 2019, announced its investment of USD 24.0 million for increasing production of GMC Sierra 1500 and Chevrolet Silverado 1500 pickup trucks at its Fort Wayne Assembly Plant in Indiana, U.S., which has helped in the growth of the overall market.

Top Market Players

Some of the leading players operating in the market include AGC Inc., Central Glass Co., Ltd., CORNING INCORPORATED, Fuyaogroup.com, AS AMENDED. GUARDIAN INDUSTRIES, Nippon Sheet Glass Co., Ltd, Saint-Gobain, Taiwan Glass Ind Corp, Şişecam, and PGW Auto Glass, LLC. 

Key Developments:

• • In 2019, AGC Inc. established a new production plant in China for the production of 3D/complex-shaped cover glass for car mounted displays. This expansion has helped the company to meet the surplus demand from Asia-Pacific region.

Segments covered in the Report:

The global automotive glass market has been segmented on the basis of product, vehicle type, application, and regions. Based on product, the market is segmented into tempered and laminated. Based on vehicle type, the market is segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. Based on application, the market is segmented into windscreen, backlight, sidelight, and sunroof. 

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Key questions answered in this research report:

• • At what pace is the global automotive glass market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global automotive glass market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global automotive glass market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various vehicle type areas of the global automotive glass market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Vehicle Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	AGC Inc., Central Glass Co., Ltd., CORNING INCORPORATED, Fuyaogroup.com, AS AMENDED. GUARDIAN INDUSTRIES, Nippon Sheet Glass Co., Ltd, Saint-Gobain, Taiwan Glass Ind Corp, Şişecam, PGW Auto Glass, LLC, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Automotive Glass Market by Product

• • Tempered
  • Laminated

Global Automotive Glass Market by Vehicle Type

• • Passenger cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Global Automotive Glass Market by Application

• • Windscreen
  • Backlight
  • Sidelight
  • Sunroof

Global Automotive Glass Market by Region

• • North America Automotive Glass Market (Option 1: As a part of the free 25% customization)
    • North America Automotive Glass Market by Product
    • North America Automotive Glass Market by Vehicle Type
    • North America Automotive Glass Market by Application
    • US Automotive Glass Market All-Up
    • Canada Automotive Glass Market All-Up
  • Europe Automotive Glass Market (Option 2: As a part of the free 25% customization)
    • Europe Automotive Glass Market by Product
    • Europe Automotive Glass Market by Vehicle Type
    • Europe Automotive Glass Market by Application
    • UK Automotive Glass Market All-Up
    • Germany Automotive Glass Market All-Up
    • France Automotive Glass Market All-Up
    • Spain Automotive Glass Market All-Up
    • Rest of Europe Automotive Glass Market All-Up
  • Asia-Pacific Automotive Glass Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Automotive Glass Market by Product
    • Asia-Pacific Automotive Glass Market by Vehicle Type
    • Asia-Pacific Automotive Glass Market by Application
    • China Automotive Glass Market All-Up
    • India Automotive Glass Market All-Up
    • Japan Automotive Glass Market All-Up
    • Rest of APAC Automotive Glass Market All-Up
  • RoW Automotive Glass Market (Option 4: As a part of the free 25% customization)
    • RoW Automotive Glass Market by Product
    • RoW Automotive Glass Market by Vehicle Type
    • RoW Automotive Glass Market by Application
    • Brazil Automotive Glass Market All-Up
    • South Africa Automotive Glass Market All-Up
    • Saudi Arabia Automotive Glass Market All-Up
    • UAE Automotive Glass Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Automotive Glass Market All-Up

Major Players Operating in the Automotive Glass (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • AGC Inc.
  • Central Glass Co., Ltd.
  • CORNING INCORPORATED
  • com
  • AS AMENDED. GUARDIAN INDUSTRIES
  • Nippon Sheet Glass Co., Ltd
  • Saint-Gobain
  • Taiwan Glass Ind Corp
  • Şişecam
  • PGW Auto Glass, LLC