Press release
Automotive Glass Market | Key Players are Magna International, Saint-Gobain Sekurit, Asahi Glass, Central Glass America, Xinyi Glass, Duratuf Glass, Guardian Glass, Fuyao, Gentex, Dura Automotive, Windscreens Glass Trosch, China Glass Holding, Euroglas, N
Automotive Glass Market
Automotive Glass Market is predicted to be valued more than USD 21 billion by 2024. Increasing vehicle sales across the globe together with increasing surface area of automobiles covered with glass is primarily driving the industry size. Rising product consumption per vehicle owing to changes in car designs is enhancing the business. Inclination towards large windscreens is driving the automotive glass industry size over the projected period.
Laminated automotive glass market size will be worth over USD 11 billion over the projected time frame. Ease of repairing, prevention from penetration, clear visibility, and acoustic advantages are essential characteristics offered by this product. Tempered segment will exhibit over 6% CAGR during the study period. High robustness and strength owing to thermal and chemical treatment are boosting the product demand.
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OEMs automotive glass segment accounted for more than 80% of the volume share in 2017. Rising safety norms in conjunction with expansion of automobile industry are surging overall industry growth over the forecast time span. Moreover, high quality products and accurate model make are preferred by the customers.
Aftermarket segment will pose approximately 5% growth rate over the study time span. Rising road accident rates and customer preference for low cost products will improve the segment growth. Regulations associated with patent and copyright infringement may negatively impact the industry growth over the study period.
Top Key Players:-
• Saint-Gobain Sekurit
• Asahi Glass Co.
• Central Glass America, Inc
• Shenzhen Benson Automobile Glass Co., Ltd
• Nippon Sheet Glass Co., Ltd.
• PPG Industries, Inc.
• Xinyi Glass Holdings Ltd
• Duratuf Glass Industries (P) Ltd.
• Corning, Inc
• Guardian Glass
• Webasto
• Magna International Inc.
• Fuyao Group
• Fuso Glass India Pvt. Ltd.
• Pittsburgh Glass Works
• Gentex Corporation
• Shatterprufe Windscreens
• Vitro, S.A.B. de C.V.
• LKQ Corporation
• Dura Automotive System LLC
• Soliver
• Windscreens Glas Trosch Holding AG
• Independent Glass Co., Ltd.
• Paragon Tempered Glass
• China Glass Holding Ltd.
• Euroglas GmbH
• NSG
Regional Segmentations:-
Europe automotive glass industry is predicted to hold approximately 19% of the volume share by 2024. Stringent regulations associated with passenger safety and customers preferring superior quality product capable of handling extreme weather conditions will influence the product demand in region. Increasing production of supercars and luxury cars is supporting product innovation across various countries of the region.
China automotive glass industry from OEM is anticipated to observe more than 7% CAGR till 2024. Large presence of auto production facilities together with rapid industrialization owing to availability of land and resources at low cost is propelling the product penetration rate. The automotive industry plays a vital role in county’s economy, that has motivated its government to take certain initiatives for further development. It includes Rural Subsidy Program for Vehicle Purchases, Old for New Trade in Auto Program, and New Energy Vehicle Subsidy Policy contributing in vehicle sales across the country.
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Major Points of Table Of Content:-
3. Automotive Glass Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material supplier
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.4.1. OEM
3.3.4.2. Aftermarket
3.3.4.3. E-commerce
3.3.5. Vendor matrix
3.3.5.1. Role
3.3.5.2. Presence
3.3.5.3. Product portfolio
3.4. Technology landscape
3.4.1. Float glass technology
3.4.2. Computerized process control
3.4.3. Vertically fired furnaces
3.4.4. Acoustic windshield for cars
3.4.5. Water repellent glass for side windows
3.5. Automotive production, by region, 2013 - 2017
3.5.1. North America
3.5.2. Europe
3.5.3. APAC
3.5.4. LATAM
3.5.5. MEA
3.6. Pricing analysis
3.6.1. Regional pricing
3.6.1.1. North America
3.6.1.2. Europe
3.6.1.3. APAC
3.6.1.4. LATAM
3.6.1.5. MEA
3.6.2. Cost structure analysis
3.7. Regulatory landscape
3.7.1. North America
3.7.2. Europe
3.7.3. APAC
3.7.4. LATAM
3.7.5. MEA
3.8. Industry impact forces
3.8.1. Growth drivers, by region
3.8.1.1. NA
3.8.1.2. Europe
3.8.1.3. APAC
3.8.1.4. LATAM
3.8.1.5. MEA
3.8.2. Industry pitfalls & challenges
3.8.2.1. Raw materials demand and supply gap
3.8.2.2. Intensive capital investment
3.9. Innovation and sustainability
3.9.1. Smart glass technology
3.9.2. Gorilla glass windshields
3.10. Growth potential analysis
3.11. Porter's analysis
3.12. Competitive landscape, 2017
3.12.1. Company market share analysis, 2017
3.12.2. Key stake holders
3.12.3. Strategy dashboard
3.13. PESTEL analysis
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Backlite segment will experience gains of above 5% between 2018 and 2024. High impact resistance, superior defrosting, and safe shattering properties are accountable for this growth rate. Sidelite segment size is set to observe sturdy growth rate due to rising technological advancements such as solar control, head-up display, water repellant, gorilla, etc. In addition, rising disposable income leads to increase in passenger car sales thereby supporting its penetration across the globe.
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