Automotive Glass Market 2018 Global Industry Players Nippon Sheet Glass, Vitro, Xinyi, Guardian, Fuyao Glass, Asahi Glass, Central Glass Analysis to 2023

Automotive Glass Market Analysis Research Report 2018 provides comprehensive information on Global Automotive Glass Industry Size, Share, and Growth, Trends analysis with forecast to 2023. Global Automotive Glass Market is segmented by type (Tempered glass, Laminated glass), vehicle type (Passenger car, Light commercial vehicle, Heavy Commercial vehicle), By Application (Windscreen, Sidelite, Backlite, Sunroof) and Region.

Automotive Glass Global Market Overview:

Automotive glass is the component of vehicle that contributes to the safety and stiffness. Automotive glass includes different components such as windscreen, side and rear windows, and roof of the vehicle with glass panel. The main property of automotive glass is to provide a clear vision of the road and the nearby objects. Mainly two types of automotive glasses are used in automobile that includes tempered safety glass and laminated safety glass.

Automotive Glass Key Players Analyzed In Report:

Nippon Sheet Glass Co. Ltd (Japan), Vitro, S.A.B. de C.V. (Mexico), Xinyi Glass Holdings Limited (Hong Kong), Guardian Industries Corp (U.S.), Fuyao Glass Industry Group Co. Ltd (China), Asahi Glass Co., Ltd. (Japan), Central Glass Co. Ltd (Tokyo), Saint Global S.A. (Paris), Olimpia Auto Glass Inc.( Turkey), Shatterprufe (South Africa).

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Growing Demand for Automotive Glass:

The growth of automotive industry leads to the increased demand for automotive glass market. Rising production and sales of vehicles are likely to result in increased usage of the automotive glass. Factors such as the growing demand for luxury and value added features such as electronically switch abled smart glasses and other are some of the factors driving the automotive glass market. Additionally, benefits such as thermal comfort and noise reduction offered by these will enhance automotive glass market. Moreover, the rising need for weight reduction in cars, is expected to fuel the demand for ultra-thin & tough windshield glasses for sophisticated vehicle models.

Restraints in Automotive Glass:

However, several manufacturers face various difficulties in getting NOC from these departments. Moreover, the manufacturers need to obtain these certificate to sell or export their products to other countries such as US’s DOT, China’s CCC, Brazil’s INMETRO, Japan’s JAS, India’s RTO and among others. Therefore, owing to this factors, the market has faced various challenges that could obstruct the market growth.

Market Segmentation:

The scope of global automotive glass market is segmented into three major segments which are explained below:

By Glass Type:

Tempered Glass

Laminated Glass

By Vehicle Type:

Passenger Car

Light Commercial Vehicle

Heavy Commercial Vehicle

By Application:

Windscreen

Sidelite

Backlite

Sunroof

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Regional Analysis:
Geographically, Asia-Pacific is a major revenue generator of the global automotive glass market, where China, Japan and India are considered the prominent countries for the market, owing to the growing population, huge exports, rapid urbanization and technological advancements. Moreover, the rising preference for gorilla glass for high end premium vehicles, will create an opportunity for the specialized automotive market to meet the standard for the glass. North America is the second leading market of automotive glass market and is estimated to grow at a CAGR of 7.19% during the forecast period.

Target Audience:
Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors

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